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☆ DoubleLine’s Jeffrey Gundlach sees one rate cut this year as the Fed keeps up inflation fight
▼ + stars: | 2024-05-01 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

DoubleLine Capital CEO Jeffrey Gundlach said Wednesday that he now sees no more than one interest rate cut this year as the Federal Reserve keeps policy tight to fight stubborn inflation. "The inflation rate clearly is the one that is lacking progress as [Jerome Powell] put it, so I'm going to lean on one rate cut," Gundlach said on CNBC's " Closing Bell." "Higher for longer … seems like the mantra continues, but without a rate hike. Treasury yields dropped to their session lows and stocks shot to session highs as Powell said the next policy move will not be a rate increase. "I think it's unlikely that the next policy rate move will be a hike.

Persons: Jeffrey Gundlach, Jerome Powell, Gundlach, Powell Organizations: DoubleLine, Federal Reserve, Treasury

☆ 'Volatility could explode': The S&P 500 is ripe for a correction as tensions in the Middle East flare and inflation sticks, experts warn. Here's what to do with your money.
▼ + stars: | 2024-04-17 | by ( William Edwards | ) www.businessinsider.com time to read: +7 min

Since late October last year, the S&P 500 has risen as much as 27% on strong economic data and excitement about AI. Losses were steepest last week when Iran fired missiles at Israel, exacerbating regional and global tensions. But as more labor market and inflation data has come out, investors now believe a cut is off the table until at least July. The S&P 500 has now dipped below its 20-day moving average, like it did last summer when yields rose above 4.35%. "The VIX, SKEW and Put/Call Ratio all indicate that sophisticated investors are on edge and volatility could explode to 52-week highs in the weeks ahead," Essaye said.

Persons: —, that's, Israel, James Demmert, Demmert, Adam Turnquist, Turnquist, Tom Essaye, Essaye, selloff, Solita, It's, Marcelli, it's Organizations: Service, Business, Brent, Research, Federal Reserve, LPL, MAs, UBS Americas, UBS Global Investment Locations: Iran, Israel, Gaza, Lebanon, Yemen

☆ Hong Kong Sevens 2024 will be a 'significant' contribution to the economy: HKRU chairman
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHong Kong Sevens 2024 will be a 'significant' contribution to the economy: HKRU chairmanChris Brooke, chairman of Hong Kong China Rugby, discusses how the event was affected by the Covid-19 pandemic, as well as the opportunities ahead.

Persons: Chris Brooke Organizations: Hong Kong, Hong Kong China Rugby Locations: Hong Kong China

☆ We got a 2.6% mortgage rate this year to buy our first home. Here's how we did it.
▼ + stars: | 2024-03-06 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

An assumable mortgage allows qualifying buyers to acquire the interest rate, current principal balance, and other conditions of a seller's existing loan. AdvertisementGrace: An assumable mortgage is not a new loan, you're just taking over the owner's loan term and interest rate. Grace: We talked about the assumable mortgage for about a day and decided we were going to go for it. He put us in contact with an assumable loan expert, Mark McDonough, and he quickly became one of the most important people on our side. AdvertisementNow that our assumable mortgage is saving us about $2,000 each month, it makes the stress a little less because we have the option of having more money available.

Persons: —, Grace Lucchese, Mickey Ricard, Mickey, Ricard, It's, Mickey's, Grace Lucchese Mickey, Grace, Mark McDonough, they'd, Mark, Paul, We're, Grace Lucchese Grace, We've Organizations: Service, Business, Lucchese Locations: Westford , Massachusetts, Massachusetts, Lawrence, Framingham, Sudbury, Boston, The couple's Massachusetts

☆ Portfolio managers should own the 'shared favorite' stocks, says Goldman's David Kostin
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPortfolio managers should own the 'shared favorite' stocks, says Goldman's David KostinDavid Kostin, Goldman Sachs chief U.S. equity strategist, joins 'Squawk on the Street' to discuss why some investors are looking beyond the magnificent sevens stocks, how mutual funds and hedge funds have rarely outperformed the S&P 500, and more.

Persons: Goldman's David Kostin David Kostin, Goldman Sachs

☆ What's next for the S&P 500 after hitting a record? Nvidia is the key
▼ + stars: | 2024-02-22 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Where markets go next may well depend on how Nvidia does after going forward. "The answer here will depend on NVDA," Tom Essaye of The Sevens Report wrote in a Thursday note. "The stock is at an all-time high ... and if it can hold (or extend) this rally ... it'll imply that tech can help lead this market higher." Nvidia and other artificial intelligence darlings, including Meta Platforms, powered the broader market last year, while other stocks underperformed. I'd rather take it elsewhere in something that hasn't had as much of a run as Nvidia has."

Persons: Tom Essaye, Essaye, Patrick McDonough, Solita Marcelli, Charles Ashley, hasn't, Said PGIM's McDonough Organizations: Nvidia, Revenue, Nasdaq, VanEck Semiconductor, Federal Reserve, Meta, UBS Global Wealth Management, Catalyst Funds

☆ Stocks are vulnerable to a 5% 'air-pocket drawdown' as greedy traders short volatility, research firm says
▼ + stars: | 2024-02-16 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

The "Volmageddon" episode happened six years ago after traders piled into a bunch of ETFs that were designed to return the inverse of market volatility (essentially betting on a calm market). And when volatility went up in February 2018, it tanked those strategies, sending the S&P 500 down more than 10% in two weeks. As VIX futures expire, the S&P 500 is seeing stronger price reactions. The short-volatility trade became very popular after 2010 when volatility was low, and traders could make money betting against market turbulence. AdvertisementIt's not a major concern right away as volatility upticks have been small, and the S&P 500 has remained resilient.

Persons: —, Tom Essaye, Essaye Organizations: Service, Business

☆ These 3 stocks could lead the charge for a 19% surge in the S&P 500 to 6,000 this year, according to a market research firm that counts Wall Street's top banks among its clients
▼ + stars: | 2024-02-13 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

Read previewThe S&P 500's 22% tear over the last few months may just be getting started, according to Sevens Report Research, a market research firm with clients that include top Wall Street banks like JPMorgan, Morgan Stanley, UBS, and more. On the valuations front, the S&P 500's multiple would only have to rise fairly slightly to lift the index to 6,000. "The S&P 500 is already trading with an elevated forward P/E multiple of over 20X expected 2024 EPS," he said. "If sentiment gets frothy, however, and stocks trade with a multiple pushing 22X, which is far from unheard of as the forward multiple of the S&P 500 hit 21.4 on 1/2/2022, then the S&P 500 could surpass 6,000 in H2'24." Essaye also said small-cap stocks cyclical sectors like big banks, and materials and transportation firms would do well in a soft-landing scenario.

Persons: —, Morgan Stanley, Tyler Richey, Richey, aren't, Louis Fed, Tom Essaye, Essaye, it's Organizations: Service, JPMorgan, UBS, Business, Investor, CNN, Federal Reserve, Nvidia, Amazon Locations: H2'24

☆ Inside a meeting of Germany’s far-right AfD: Beer, bratwurst and conspiracy
▼ + stars: | 2024-02-08 | by ( Sebastian Shukla | ) edition.cnn.com time to read: +7 min

Outside the hall, people grabbed a beer and a bratwurst before taking their seats inside, ignoring calls from the protesters down the road to come and talk. They came for an evening of conversation with the Alternative fur Deutschland (AfD), Germany’s leading far-right party. To one camp, this meeting represented a call for political change; to the other, a risk to German democracy. The AfD has officially tried to distance itself from the reports, saying it was not an official party meeting. But the AfD knows it has a struggle on its hands, as opponents of the party vow to keep protesting.

Persons: Germany’s, Adam, “, Chris Stern, Bessin, Lars Hunich, Marlon, Berndt, Hans, Christoph Berndt, he’s, ”, Chancellor Olaf Scholz, Scholz, Nouripour, Dr Berndt, Hitler, Conspiracy, wouldn’t Organizations: CNN, Adam Sevens, ”, CNN Coalition of, Green, East Germany –, ” Protesters, Sevens Locations: Brandeburg, Germany, Freienthal, Netherlands, Italy, Berlin, Brandenburg, Potsdam, Brandenburg’s, Frienthal, East Germany, East Germany – Brandenburg, Thuringia, Saxony

☆ I'm a business and leadership coach who uses the Enneagram. I've had corporate clients cry during workshops.
▼ + stars: | 2023-10-26 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

Jay Hidalgo is a business and leadership coach who uses the Enneagram in his corporate practice. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Jay Hidalgo, a business and leadership coach who leads Enneagram trainings and workshops with corporate clients. If you know their Enneagram type, think about the core motivation of that type and have that frame how you're going to approach that conversation." The Enneagram requires each of us to look inside to deal with things like core motivations, childhood messages, things we want to hear, and core longings. And the Enneagram is a great, great tool to do that.

Persons: Jay Hidalgo, Hidalgo, —, Beth McCord, It's, we've, he's, I'm Organizations: Service Locations: New Jersey

☆ England set to drop Ford, start Smith at fullback in Fiji quarter-final
▼ + stars: | 2023-10-12 | by ( Mitch Phillips | ) www.reuters.com time to read: +3 min

MARSEILLE, France, Oct 12 (Reuters) - England coach Steve Borthwick looks set to make radical changes for Sunday's World Cup quarter-final against Fiji by dropping George Ford and starting Marcus Smith at fullback, strengthening his midfield defence and injecting some energy into the attack. However, while his defence and aerial skills are superior to Smith's, Steward has shown little in attack - though he is far from alone there. Defence generally has not been the issue for England as they racked up four wins in a row. Before the Samoa game they had the best defence in the tournament and had conceded only one try. England have made the second-fewest carries (108.8) for the second-fewest metres (461.3), they rank sixth for defenders beaten (22.5) and last for offloads (5.8).

Persons: Steve Borthwick, George Ford, Marcus Smith, Borthwick, Ford, Owen Farrell, Smith, Freddie Steward, Steward, Manu Tuilagi, Joe Marchant, Elliot Daly, Henry Arundell, Jamie George, Mitch Phillips, Ken Ferris Organizations: Fiji, Harlequins, Samoa, Fijians, Defence, England, Thomson Locations: MARSEILLE, France, England, Chile, Samoa, Portugal

MADISON, Wis. (AP) — A Democratic legislator from central Wisconsin announced Tuesday that she is running for U.S. Rep. Derrick Van Orden's seat next year. State Rep. Katrina Shankland, of Sevens Point, joined a crowded field of Democratic challengers in western Wisconsin's 3rd Congressional District. Van Orden, a former Navy SEAL, narrowly defeated Democratic state Sen. Brad Pfaff to flip the seat for the GOP last year after longtime Democratic incumbent Ron Kind chose not to seek reelection. Pfaff has decided not to challenge Van Orden in 2024. Van Orden was outside of the Capitol during the Jan. 6, 2021 insurrection, before he was elected to Congress.

Persons: Derrick Van Orden's, Katrina Shankland, Tara Johnson, Rebecca Cooke, Aaron Nytes, Van Orden, Sen, Brad Pfaff, Ron Kind, Pfaff, vulgarities, didn't Organizations: —, Democratic, Wisconsin, U.S . Rep, State, Congressional District, Former La, Harvard Law, Navy SEAL, GOP, Democrats, Senate, Capitol Locations: MADISON, Wis, Wisconsin's, Former La Crosse County

CINCINNATI (AP) — Getting into the end zone seemed tougher for the Los Angeles Rams when it mattered most on Monday night. The Rams suffered a 19-16 loss to the Bengals in their first regular-season rematch of the Super Bowl after the 2021 season. While the Aaron Donald-led defense kept Cincinnati without a touchdown in the first half, the Rams' offense behind a young, banged up offensive line couldn't capitalize. His pick in the second half led to a Cincinnati field goal. The Rams averaged more yards per play than Cincinnati — 5.6 yards to 4.2 — but they couldn’t string enough plays together.

Persons: Aaron Donald, Matthew Stafford, Tutu Atwell, Stafford, Atwell, we’re, ” Stafford, Sean McVay, Ahkello Witherspoon, Joe Burrow, ” McVay, “, ” ___ Organizations: CINCINNATI, Los Angeles Rams, Rams, Bengals, ”, Cincinnati, Indianapolis, ” ___ AP Locations: Cincinnati, Los Angeles, Los

☆ Rugby World Cup: After triumphing with the All Blacks, Malakai Fekitoa has found a ‘new purpose’ with Tonga
▼ + stars: | 2023-09-14 | by ( George Ramsay | ) edition.cnn.com time to read: +9 min

Long before he had the chance to travel to New Zealand, Fekitoa set his sights on competing for the All Blacks – undoubtedly the most famous rugby team on the planet. “It was always a dream of mine to play for New Zealand, even though I was born and raised in Tonga,” Fekitoa tells CNN Sport. Fekitoa tries to force his way through a tackle during a Rugby Championship match between New Zealand and Argentina in 2014. The change has proved particularly beneficial for Tonga, which, as well as Fekitoa, has named former All Blacks Vaea Fifita, George Moala and Charles Piutau in its squad for the ongoing Rugby World Cup in France. After the rule change, he thinks more All Blacks players will follow his lead by swapping allegiances.

Persons: Fekitoa, ” Fekitoa, Jonah Lomu, Cameron Spencer, –, haven’t, Fifita, George Moala, Charles Piutau, Leon Lord, Adam Coleman, Israel Folau, “, ”, “ I’m, I’ve, Richard Heathcote, It’s, James Crombie, “ It’s Organizations: CNN, All Blacks, New Zealand, CNN Sport, Tonga, Wellington Sevens, Wesley College, Rugby, Blacks, Fiji, Getty, Australia, Ireland, Wasps, Gloucester, Tonga –, Rugby Championship, Nations, United Rugby, Munster, Romania, Tonga’s, Tongan, Kiwi, New Locations: Tonga, New Zealand, Australia, Auckland, Argentina, Europe, Monaco, France, AFP, New, England, Ireland, Italy, South Africa, Scotland, Samoa

☆ The 10-year Treasury yield hit its highest level since 2007. What it means for stocks
▼ + stars: | 2023-08-22 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

The U.S. 10-year Treasury yield climbed to its highest level since 2007 this week. Meanwhile, the 30-year Treasury yield reached its highest point since 2011. What's more, higher yields are typically a negative for tech and growth stocks — this year's best-performing group — as they lessen the value of their promised future earnings. Ned Davis Research's Joseph Kalish said Monday he expects the 10-year Treasury yield could rise to 5.25%, citing risks to the bond market on inflation expectations. US10Y YTD mountain U.S. 10-year Treasury yield YTD "The market has been consistently underpricing the risk of additional rate hikes and overpricing the speed of rate cuts," Kalish wrote.

Persons: Ned Davis Research's Joseph Kalish, Kalish, Strategas, Chris Verrone, 133bps, Verrone, Wolfe, Chris Senyek, Morgan Stanley's Matthew Hornbach, it's, Tom Essaye, — CNBC's Michael Bloom, Chris Hayes Organizations: Treasury, Federal Locations: U.S

☆ Wall Street is declaring victory too early — the US is still headed for a recession
▼ + stars: | 2023-08-22 | by ( William Edwards | ) www.businessinsider.com time to read: +11 min

In theory, these higher interest rates push down demand and slow inflation by forcing companies to cut prices to attract stretched-thin customers. And Americans have been spending right through the higher interest rates: Personal consumption expenditures and retail sales numbers have continued to forge upward. But eventually, this attitude will wane as people realize that the higher rates aren't a flash in the pan. The Treasury yield curve measures the different interest rates that are paid out on various bonds issued by the US government. It's the same story every time, both Kantrowitz and Rosenberg say: Investors are bad at pricing in a recession before it unfolds.

Persons: Michael Kantrowitz, Piper Sandler, Milton Friedman, Bob Doll, Doll, David Rosenberg, Rosenberg, Tom Essaye, Essaye, Granger, Kantrowitz, Jerome Powell, William Edwards Organizations: Philadelphia Fed, Bank of America, JPMorgan, Consumer, Crossmark Global Investments, BlackRock, Silicon Valley Bank, Rosenberg Research, Fed, Auto, Wall, CPI, Institute for Supply Management's, Treasury, Royal Bank of Canada Locations: Silicon, YOLO

☆ Wanted: Female Athletes. Multiple Vacancies.
▼ + stars: | 2023-08-19 | by ( Rory Smith | More About Rory Smith | ) www.nytimes.com time to read: +1 min

Brooke Walker spent that first night watching as much Australian rules football as she could. She did the same the next night, and the night after that. Walker had not grown up playing what is, depending on whom you ask, Australia’s most popular sport. As a child, she had played touch, the minimal-contact version, and rugby league. “Even when I was 14 or 15, I wouldn’t ever have seen it,” she said.

Persons: Brooke Walker, Walker, ”, “, — Organizations: league, Australian Football, — Carlton Locations: New Zealand, Australia, Melbourne

☆ Forget about a recession sinking the stock market. Rising rates threaten to spoil the party just like they did in 2022.
▼ + stars: | 2023-08-19 | by ( William Edwards | ) www.businessinsider.com time to read: +6 min

Yields on 10-year Treasury yields have surged well above 4%. With both stock valuations and interest rates high, stock prices could continue to fall. Yields on 10-year Treasury notes surged to 15-year highs this week, surpassing 4.3% for the first time since late 2007. This has put a damper on what was a 20% rally for the S&P 500 from January to the end of July. The median S&P 500 year-end price target among major Wall Street strategists is 4,300, just below the index's current price around 4,370.

Persons: Stocks, Adam Turnquist, Treasurys, It's, John Lynch, they've, Tom Essaye, Lynch, Turnquist, David Rosenberg, Rosenberg, Greg Boutle, Cantor Fitzgerald's Eric Johnston, Piper Sandler's Michael Kantrowitz Organizations: Treasury, LPL, Bank of America, Comerica Wealth, Wall Street, Rosenberg Research, RBC, BNP

☆ Versions of Hong Kong protest anthem no longer available on iTunes and Spotify
▼ + stars: | 2023-06-14 | by ( Jessie Pang | Thomson Reuters | Jessie Pang Joined Reuters In After An Internship. She Covers Hong Kong With A Focus On Politics | ) www.reuters.com time to read: +3 min

HONG KONG, June 14 (Reuters) - Various versions of the pro-democracy protest anthem "Glory to Hong Kong" were unavailable on Apple’s iTunes Store, Spotify, Facebook and Instagram’s Reels on Wednesday after the government sought an injunction banning the song outright. “Hong Kong Special Administrative Region has a duty and obligation to safeguard national security, and we should do it proactively and also preventively,” Lee said. "Glory to Hong Kong", including its various versions, dominated the top ten in Apple’s Hong Kong iTunes Store chart as people rushed to buy the song after the government announced its bid to ban it. "Glory to Hong Kong" has been played mistakenly instead of the Chinese national anthem "March of the Volunteers". Hong Kong's security chief said in December Google had refused to change its search results to display China's national anthem instead of "Glory to Hong Kong" when users searched for Hong Kong's national anthem, expressing "great regret" at the decision.

Persons: Hong, ThomasDGX, John Lee, ” Lee, Sarah Brooks, Hong Kong, HongKongers ”, Jessie Pang, Josh Ye, Nick Macfie Organizations: iTunes, Spotify, Facebook, Reuters, Rugby Sevens, “ Hong, Amnesty, High Court, Hong Kong iTunes, Apple, Google, Volunteers, Asia Rugby Association, Hong, Thomson Locations: HONG KONG, Hong Kong, Taiwan, China, “, “ Hong Kong, Hong, British

☆ Bob Baffert's National Treasure wins Preakness, hours after another of his horses was euthanized
▼ + stars: | 2023-05-20 | by ( ) www.cnbc.com time to read: +4 min

National Treasure, with jockey John Velazquez, edges out Blazing Sevens, with jockey Irad Ortiz Jr., to win the148th running of the Preakness Stakes horse race at Pimlico Race Course, Saturday, May 20, 2023, in Baltimore. National Treasure won the Preakness on Saturday in Baffert's return to the Triple Crown trail following a suspension, but it came hours after another 3-year-old colt, Havnameltdown, was put down because of a left leg injury in an undercard race. His defeat, caused by a pace much slower than the Derby, means there will not be a Triple Crown winner for a fifth consecutive year. The thrill of victories by National Treasure in the Preakness and Arabian Lion in an earlier stakes race contrasted with the agony of Havnameltdown's death. Medina Spirit was Baffert's most recent Preakness horse, finishing third.

CNN —National Treasure won the 2023 Preakness Stakes at Pimlico Race Course in Baltimore Saturday evening. The win made Baffert the winningest trainer in Preakness Stakes history and the only trainer to have eight horses win the race. Blazing Sevens placed second, and prerace favorite and Kentucky Derby winner Mage placed third in the seven-horse field. The win means no horse will take home the coveted Triple Crown this year, achieved when a horse wins the Kentucky Derby, the Preakness Stakes and the Belmont Stakes in one year. National Treasure was ridden by Hall of Fame jockey John Velazquez, who tallied his first win at the Preakness Stakes.

☆ Baffert's National Treasure wins Preakness Stakes
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +1 min

[1/2] May 20, 2023; Baltimore, Maryland, USA; National Treasure with John R. Velazquez up (1) defeats Blazing Sevens with Irad Ortiz, Jr. up (7) to win the 148th running of the Preakness Stakes at... Read moreMay 20 (Reuters) - National Treasure won the Preakness Stakes at Pimlico Race Course in Baltimore on Saturday, giving Hall of Fame trainer Bob Baffert a record-breaking eighth win in the middle jewel of U.S. thoroughbred racing's Triple Crown. With John Velazquez aboard, National Treasure held off a late charge from Blazing Sevens. Kentucky Derby winner Mage finished third, meaning the chestnut colt will not have a shot at becoming U.S. thoroughbred racing's 13th Triple Crown winner. "Losing that horse today really hurt but I am happy for Johnny, he got the win," Baffert said fighting back tears, referring to the jockey. Reporting by Frank Pingue in Toronto; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

CNN —One of the horses scheduled to run before today’s Preakness Stakes, the Bob Baffert-trained Havnameltdown, has been euthanized, after suffering a serious injury in an undercard race this afternoon, officials said. How to watchThe Preakness Stakes will take place on Saturday at the Pimlico Race Course in Baltimore, Maryland. Julio Cortez/APThe controversy started after Medina Spirit, who died in December 2021, won the Kentucky Derby two years ago. After the race, Baffert revealed that the horse had tested positive for elevated levels of betamethasone. In February 2022, the Kentucky Horse Racing Commission announced its decision to disqualify Medina Spirit.

US viewers can watch Preakness Stakes coverage on NBC, NBCSports.com, and Peacock. The Preakness Stakes is the second race of the Triple Crown, which also includes the Kentucky Derby and Belmont Stakes. The winner of the 2023 Kentucky Derby, Mage, is competing at this year's Preakness Stakes. How to watch the Preakness Stakes in the USYou can watch the Preakness Stakes on NBC, Peacock Premium, and NBCSports.com. Preakness Stakes scheduleEvent Day and time Channel Preakness Stakes broadcast May 20, 4:30 p.m.

☆ Fijiana Drua brush aside adversity to retain Super W title
▼ + stars: | 2023-05-06 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, May 6 (Reuters) - Fijiana Drua put aside a season of adversity to retain the Super W title with a 38-30 victory over the Queensland Reds in the final of the sixth edition of the Australian elite women's competition in Townsville on Saturday. While last year they topped the regular season standings, this year the Drua finished fourth and had to beat the four-times champion New South Wales Waratahs in the semi-finals to reach the final. On Saturday, tries from Drua number eight Sereima Leweniqila and winger Adita Miliana early in the second half broke open what had been a tight game. Hooker Tiarna Molloy and replacement winger Sam Curtis scored tries to make the scoreline more respectable but the Reds were unable to escape a fourth loss in the five Super W finals. "What an epic battle that was tonight, we'll definitely be back next year," said Queensland captain and Olympic Sevens champion Shannon Parry.

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