precedent

The historical precedents don’t guarantee that recent investor behavior will lead to market weakness.

The author underscores the value that case studies have for applying historical precedent to strategic practice.

He pointed to the Supreme Court’s Grants Pass decision last year that overturned previous precedent and allowed cities to enforce anti-camping laws.

While the potential liability for the U.K. lawsuit is unknown, “we are cautious about the financial implications for Kenvue given the legal precedent from the US cases against J&J,” the bank said.

Runs like this are “exceptionally rare, with precedents seen only during some of gold’s most powerful historical advances,” it writes.