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Hussman FundsThese levels indicate the S&P 500 is likely to return around -5% annualized over the next 12 years, according to Hussman's math. AdvertisementBy the time the current market cycle bottoms out, the S&P 500 could well have fallen by 50%-70%, Hussman said. He predicted in 2000 that the S&P 500 would likely see negative total returns over the following decade, which it did. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 33% over the past year.
Persons: , John Hussman's, Hussman, he's, we've, Jeremy Grantham, Grantham, There's, David Rosenberg, Merrill Lynch's, Gary Shilling Organizations: Service, Hussman Investment Trust, Business, Exchange, Federal Locations: Miami
Dries Van Noten Announces Retirement
  + stars: | 2024-03-19 | by ( Vanessa Friedman | Jessica Testa | ) www.nytimes.com   time to read: +1 min
In a shock to the fashion world, Dries Van Noten announced that he was stepping down as creative director of the brand that bears his name. His fall 2024 men’s show, scheduled to take place in Paris in June, will be his last. “My dream was to have a voice in fashion,” Mr. Van Noten, 65, wrote in a letter sent to editors. Now, I want to shift my focus to all the things I never had time for.”Mr. Van Noten was an original member of the Antwerp Six, the group of Belgian designers who changed fashion when they arrived in Paris in the early 1980s. His last women’s show, held in late February in Paris, was an emotional, generous paean to style over fashion and the creativity of dressing oneself.
Persons: Van Noten, , Mr, ” Mr, Van Noten’s Organizations: Antwerp Locations: Paris, Belgian
In her 14-page order, Brooklyn Federal Judge LaShann DeArcy Hall traced the evolution of hip-hop over five decades, referencing tracks from over a dozen artists before ultimately finding the lyrics inadmissible. “From the genre’s nascence as an oral tradition, rap artists have played the part of storytellers, providing a lens into their lives and those in their communities,” Hall wrote. The use of rap lyrics in criminal prosecutions has become a contentious subject in several high-profile cases, including the ongoing racketeering trial of Young Thug. Defense lawyers have claimed the government dragged its feet in indicting Washington and Jordan, making it harder for them to defend themselves. Both men have pleaded not guilty, as has a third defendant who was charged this past May and will be tried separately.
Persons: Jay can’t, Karl Jordan Jr, gunning, Jay, Jason Mizell, LaShann, , Prosecutors, Jordan, Hall, Nas, Vince Staples, Joe, Queen Latifah, Jason Aldean, Young, Ronald Washington, Mizell Organizations: Brooklyn Federal Locations: York, Brooklyn, indicting Washington, Jordan
The Debate Over January
  + stars: | 2024-01-20 | by ( Melissa Kirsch | More About Melissa Kirsch | ) www.nytimes.com   time to read: +2 min
Winter friends — those who, contrary to all hedonic and circadian sense, love dark days and black ice — have been forwarding the story to me, triumphant, as if once and for all it’s been settled, the pointless, perennial battle of the seasons. Everyone just wants to feel better, I get it, but resisting their campaign is a twisted part of coping with the season. I spent the week exchanging snapshots with friends in Mississippi, their mutt cavorting in the snow-covered yard (look how cozy! Another friend asked if I didn’t find the cold and snowfall moody and melancholy, in a good way. It’s a case that the poets have been making for eons: “Barren winter, with his wrathful nipping cold,” Shakespeare wrote.
Persons: Steven Kurutz’s, mutt cavorting, , Stu, Roz Chast’s, Shakespeare, what’s Locations: Mississippi, New
Last year, this natural spectacle coincided with the woolly propagation of two new colonies of the Crochet Coral Reef, a long-running craft-science collaborative artwork now inhabiting the Schlossmuseum in Linz, Austria, and the Carnegie Museum of Art in Pittsburgh. The project also explores mathematical themes, since many living reef organisms biologically approximate the quirky curvature of hyperbolic geometry. By contrast, the surface of a sphere displays constant positive curvature; at all points, the surface bends inward toward itself. And a hyperbolic plane exhibits constant negative curvature; at all points, the surface curves away from itself. Reef life thrives on hyperbolism, so to speak; the curvy surface structure of coral maximizes nutrient intake, and nudibranchs propel through water with frilly flanges.
Organizations: Carnegie Museum of Art Locations: Linz, Austria, Pittsburgh
London, UK CNN —It was billed as Britain’s answer to the Met Gala, and last night’s inaugural “Vogue World” at the Theatre Royal on London’s Drury Lane didn’t disappoint. Vianney Le Caer/Invision/APActress and singer Dove Cameron went back to the future in a shiny silver suit and matching bikini top. Vianney Le Caer/Invision/Vianney Le Caer/Invision/APThe late Queen Elizabeth II's granddaughter, Princess Eugenie, looked elegant in an emerald silk dress by Fendi. Vianney Le Caer/Invision/APKate Winslet went for casual chic in a loose-fit two-piece white suit with a beige bustier underneath. Vianney Le Caer/Invision/APRita Ora arrived in a black Alaïa mermaid gown sourced from eBay.
Persons: Lane didn’t, Anna Wintour, Edward Enninful —, Sienna Miller, Miller, Beatrice, Eugenie, Richard Quinn, Fendi, Yui Mok, Sadiq Khan, Baz Luhrmann, Kate Winslet, Jared Leto, Jodie Turner Smith, Maisie Williams, Stella McCartney, Christopher Kane, Victoria Beckham, Olivier, Stephen Daldry, John Galliano, Kate Moss, Hongni Wu, Rambert, Stormzy, Sophie Okonedo, Damien Lewis, Cush Jumbo, James Corden, Damian Lewis, James McAvoy, , Annie Lennox, Naomi Campbell, Cindy Crawford, Linda Evangelista, Christy Turlington, Mike Marsland, AJ Odudu, Robert Wun, Vianney Le Caer, Dove Cameron, Queen Elizabeth II's, Princess Eugenie, Fendi . Vianney Le Caer, Princess Beatrice, David M, Alison Mosshart, Alexa Chung, Nicklas Skovgaard, Anna Shaffer, David Fisher, Carrie Mulligan, Henry Nicholls, Jenna Coleman, Peter Pan, May Jagger, Jerry Hall, Mick Jagger, Vivienne Westwood, Tom Daley, Gemma Chan, Louis Vuitton, Rita Ora, Hollie Adams Organizations: UK CNN, Theatre Royal, US, British Vogue, London, London’s, BAFTA, National Theatre, Royal Opera House, Royal Ballet, Southbank Sinfonia, Rambert, Getty, Rodarte’s, MTV, Model, eBay, Reuters Locations: London, UK, British, Invision, AFP
An unusual special election that lawmakers have scheduled in Ohio for Aug. 8 may tell us a great deal about this moment in American politics after Roe v. Wade. In Dobbs v. Jackson Women’s Health Organization, the Supreme Court justified its decision overruling Roe with an appeal to democracy. In that time, more than a dozen states have banned abortion, through the enforcement of pre-Roe abortion bans or the enactment of new ones. In other states, abortion access has been severely limited. But one important countervailing trend in the post-Dobbs era has been the use of direct democracy to protect abortion rights.
Persons: Roe, Wade, Dobbs, overruling Roe, Samuel Alito Organizations: Jackson, Health Organization Locations: Ohio
Last week, Jason Aldean’s song “Try That in a Small Town,” which the country star portrays as a paean to neighborly values but critics have described as a call to racist vigilantism, opened at No. 2 on Billboard’s Hot 100 chart, after its music video became a culture war battleground. 1 single on Billboard’s all-genre singles chart in Aldean’s nearly two-decade career as a top Nashville hitmaker. As the song has stirred debate, tweaks have been made to its music video, which early on was pulled without explanation by Country Music Television but remains available on YouTube. Last week, a new version appeared, six seconds shorter than the original and scrubbed of news clips showing Black Lives Matter protests in 2020.
Persons: Jason Aldean’s, Nashville hitmaker Organizations: Nashville, Country Music, YouTube Locations: , Aldean’s, United States
You don't get the best first-half Nasdaq rally in 40 years simply because the Federal Reserve did this, or the yield curve in the bond market did that. It was almost as if it was prosaic to seek profits, like, "How dare you defy the teachings of the yield curve, you foolish soon-to-be- broke apostate." It was the second move, the second week of March, that told the second tale of the first half: the fall of Silicon Valley Bank. Here we had an out-of-nowhere collapse of a well-known seemingly well-run bank that ran afoul, again, of the yield curve. No company could rival Club stocks Apple (AAPL), Alphabet (GOOGL), Amazon (AMZN), Microsoft and Meta Platforms (META) — nice metamorphous there and Tesla , not a Club name.
Persons: William Jennings Bryan, Gandhi, Bud, Altman, Sam Altman, Jensen Huang, Jensen, mutt, Cezanne, Monet, Shakespeare's Henry IV, Carl Quintanilla, David Faber, da, Lisa's, Wendy's, Scylla, Charybdis, ChatGPT, haut, Morgan Stanley's Mike Wilson, aren't, They've, isn't, Goldman Sachs, Tesla, Didn't, Freddie, Lehman, Jerome Powell, We've, it's, Eli Lilly, Jim Cramer's, Jim Cramer, Jim, Mad Organizations: Nasdaq, Federal Reserve, Intel, The New York Times, Veterans, Club, Microsoft, Nvidia, Globe Theatre, Silicon Valley Bank, Fed, Apple, Meta, RCA, US Steel, Washington Mutual, AIG, IBM, Jim Cramer's Charitable, CNBC, NYSE Locations: America, Philadelphia, OpenAI, Oz, Queens, mull, Ithaca, Weimar, Silicon, Republic, Valley, Delray , Florida, Alleghany, China
Here are the meanings of the least-found words that were used in (mostly) recent Times articles. Literally, in Amleth’s case, as he hacks, stabs and cudgels his way over ramparts and through muddy dooryards and alleyways. — ‘The Northman’ Review: Danish Premodern (April 21, 2022)7. vanillin — the main part of vanilla extract:The treat is so beloved that Somerville is home to an annual What the Fluff? festival, where tens of thousands of people celebrate every possible use of the concoction, a mixture of corn syrup, sugar, egg white and vanillin. — In ‘Mandela: The Lost Tapes,’ a Veteran Journalist Finds Himself (Nov. 30, 2022)And the list of the week’s easiest words:
Persons: plena, — Bush, villanelle, Adam Giannelli’s paean, Proust, lollop —, palapa, appellee, Marshall, dooryard —, , Eggers —, vanillin, Somerville, napoleon, paean, Stewart, Mr, Gutfeld, paeans, Stengel, ‘ Mandela, Organizations: Scottish Highlands, Junior, Fox, Fox News, Locations: Puerto Rican, Mexico, Russia, Englanders, New York, Breton
Black Men Don’t Do Therapy. Or So I Thought.
  + stars: | 2023-05-18 | by ( Ismail Muhammad | ) www.nytimes.com   time to read: +4 min
Sitting in a chair next to the record player, I’d play the song over and over and over, listening tearfully. When my favorite TV characters died, I’d mourn them, staying in my feelings for days at a time. Eventually I met a therapist who practiced cognitive behavioral therapy, an approach whose orientation toward problem-solving suited me. I’d learned to register, name and acknowledge my feelings as a way of managing them rather than being overwhelmed. Sadness sneaked up on me as I tried to describe my emotional life to people who I knew loved me but with whom I communicated through a haze of mutual discomfort.
The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.
As a founding document of modern Italian literature, children’s literature and the Disney animation catalog, “Pinocchio” must have presented an irresistible challenge to an iconoclast like Guillermo del Toro , Oscar-winning Mexican director and mixologist of the tender and grotesque (“Pan’s Labyrinth,” “The Shape of Water”). A wooden boy who longs to be real? Mr. Del Toro likely looked at timber the way Michelangelo gazed at marble. But for all its anti-traditionalist, antifascist and maybe even anti-Disney attitude, what “Guillermo del Toro’s Pinocchio” leaves on one’s palate is sweetness—bittersweetness, at times, though the stop-motion film is melancholic and sentimental without being cloying; goofy but intelligent; enchantingly musical and moralistic without preachments. It is also a paean to the love of fathers and sons: The puppeteer Geppetto is, after all, Pinocchio’s father, though it takes the old man a while to let that sink in.
The fifth season of Netflix’s superb, ambitious “The Crown” covers the years from 1988 to early 1997, arguably the nadir of England’s modern monarchy. “The Crown” sets up series creator Peter Morgan to be a 21st- century Shakespeare for the Second Elizabethan era. “The Crown” sets up series creator Peter Morgan to be a 21st-century Shakespeare for the Second Elizabethan era. His retellings of royal life are no more accurate than “Richard II” or “Henry V,” making royal whining all these years later all the sillier. “The Crown” even finds ways to make Charles a sympathetic figure in the divorce, no small feat.
How Xi Jinping Remade China in His Image
  + stars: | 2022-10-23 | by ( Agnes Chang | Pablo Robles | Vivian Wang | ) www.nytimes.com   time to read: +11 min
In 10 years of ruling China, Xi Jinping has expunged political rivals, replacing them with allies. With Comrade Xi Jinping as the core” Unite more closely around the Party Central Committee with Comrade Xi Jinping as the core. Take practical actions to welcome the victory of the Party's 20th National Congress” With Comrade Xi Jinping as the core” With Comrade Xi Jinping as the core” Unite more closely around the Party Central Committee with Comrade Xi Jinping as the core. Take practical actions to welcome the victory of the Party's 20th National Congress” With Comrade Xi Jinping as the core” With Comrade Xi Jinping as the core” Unite more closely around the Party Central Committee with Comrade Xi Jinping as the core. Earlier this year, local officials in the southern region of Guangxi printed and distributed small red booklets about Xi Jinping Thought.
"For his policy record, I would pick Hu," said Yu Jie, senior research fellow on China at Chatham House. Hu is depicted in state media as a man of action, sometimes shown checking on planting progress in far-flung provinces. YOUTH LEAGUE ROOTS, POVERTY FIGHTERHu got his start in the party training ground of the Communist Youth League. Despite his Youth League roots - the faction was seen to be a rival to Xi's - Hu has proved his loyalty to Xi, promoting many of his initiatives in rural areas, including the campaign to eradicate poverty. Hu also wrote a paean to Xi's "historic achievements" on rural issues published in the party's official People's Daily in July.
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