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☆ Jim Cramer: Costco has room to run despite a rich valuation and shares nearing all-time highs
▼ + stars: | 2024-05-09 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

CNBC's Jim Cramer likes Costco stock despite its high valuation and suggests it has more room to run. "I feel very comfortable" about Costco, Cramer said Thursday on " Squawk on the Street ," after the wholesale retailer reported a solid April sales report. Costco shares rose nearly 1.5% after Wednesday evening's monthly sales report showed core comparable sales, which exclude gas and foreign exchange fluctuations, gained 5.5% last month. Goldman Sachs analysts increased its Costco price target to $840 from $830 and also maintained its buy rating. The Club currently has a 2 rating on Costco shares and a price target of $800.

Persons: CNBC's Jim Cramer, Cramer, FactSet, Wells Fargo, —, Costco's, we're, Goldman Sachs Organizations: Costco, CNBC, Wells, Street, JPMorgan

☆ The Best Fish Is Also the Most Local. Why Is It So Hard to Find?
▼ + stars: | 2024-04-23 | by ( Melissa Clark | ) www.nytimes.com time to read: 1 min

On a cold, windy February morning on Shinnecock Bay, on the South Fork of Long Island, N.Y., Ricky Sea Smoke fished for clams from the back of his 24-foot boat. The fisherman, whose real name is Rick Stevens, expertly sorted through haul after haul as they were dumped onto the sorting rack. Among the usual littlenecks and cherrystones were delicacies that would make chefs swoon: sweet, plump razor clams; vermilion-fleshed blood clams; and dainty limpets (also known as slipper snails) with their inimitable saline, buttery flavor. Depending on the season, fishers like Mr. Stevens can bring in even more treasures, like scallops, squid, blue crabs, striped bass, mackerel and skate. But almost none of them are available locally.

Persons: Ricky, Rick Stevens, Stevens Locations: Shinnecock, Long Island, N.Y

☆ 'Bridgerton' season 3 teasers have fans freaking out about the famous 'mirror scene' — here's what actually happens in the book
▼ + stars: | 2024-04-04 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +4 min

Teasers for season three of "Bridgerton" have hinted at the famous "mirror scene" from the books. Here's what actually happens in the "mirror scene" from Julia Quinn's fourth "Bridgerton" novel. AdvertisementIf you were paying attention to the "Bridgerton" teaser drop on March 27, you might feel very intrigued by something that the book's fans call the "mirror scene." pic.twitter.com/KRC6nsx7H1 — Bridgerton (@bridgerton) March 27, 2024Fans were quick to link the sequence to the book's famous "mirror scene." NetflixHere's how the 'Bridgerton' mirror scene actually goes down in the bookIn book four, "Romancing Mister Bridgerton," Penelope and Colin finally get engaged.

Persons: Penelope Featherington, Colin Bridgerton, Julia Quinn's, —, Nicola Coughlan, Luke Newton, we've, Penelope, Colin, Mister Colin Bridgerton, swoon, you've, Coughlan, Bridgerton, Whistledown Organizations: Service, Netflix, Entertainment

☆ These are the concert residencies that helped define the Las Vegas strip
▼ + stars: | 2024-03-24 | by ( Alli Rosenbloom | ) edition.cnn.com time to read: +8 min

CNN —Las Vegas is a city brightly lit by it’s rich history, extravagant hotels, luxurious dining experiences, perpetually rolling dice and, of course, one-of-a-kind musical residencies. Here’s a look at some of the most influential musical residencies that have helped define Las Vegas as the entertainment capital of the world. Usher previously performed his “Usher: The Las Vegas Residency” through 2021 at the Colosseum at Caesars Palace. Known as Mr. Las Vegas, the performer has become such a local icon that streets are named after him. Marco Piraccini/Mondadori/Getty ImagesThere was a time where Las Vegas residencies were considered something best suited for artists of yesteryear.

Persons: Mariah Carey, Adele, Garth Brooks, Lionel Richie, Usher Usher, Aaron J, Thornton, WireImage, Jennifer Lopez, Kim Kardashian, Jessica Alba, Zendaya, Usher, Wayne Newton Wayne Newton, Ethan Miller, Wayne Newton, Newton, Wayne, Elvis Presley Elvis Presley, Elvis Presley, –, Long, Celine Dion Celine Dion, Tomasz Rossa, Celine Dion, Love, Dion, Diana Ross Diana Ross, Matt Sayles, Invision, Diana Ross, Ross, Ross ’, “, Elton John Elton John, Mick Hutson, Redferns, Elton John, he’s, Rocketman, Britney Spears Britney Spears, Marco Piraccini, Britney Spears, Spears, Katy Perry, Lady Gaga, Bono, Adam Clayton, Bram van den Berg, Kevin Mazur Organizations: CNN, Sin, Vegas, Las, Colosseum, Billboard, Tropicana, Getty, Flamingo, Intercontinental, Westgate Las, “, Venetian, Caesars, Yamaha, Planet Hollywood, Forbes Locations: Sin City, Vegas, Nevada, Las Vegas

☆ 'The Idea of You' soundtrack producer says he wasn't thinking about One Direction while writing music for August Moon
▼ + stars: | 2024-03-16 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +9 min

This was just 'great pop songs,' or what we thought were great pop songs." Advertisement"You'll see throughout the movie that he's writing 'Dance Before We Walk' and toying with the idea," Kotecha explains. I'm actually not just a manufactured boy band guy, I'm actually a musician and I want to be taken seriously.'" "For the boy band songs," Kotecha explained, "you don't sacrifice the melody for the lyric." "Nostalgia may be kicking in, but I also feel like it's time for another boy band," Kotecha said.

Persons: Hayes Campbell, Kotecha, —, Nicholas Galitzine, Anne Hathaway, Solène, Campbell, Savan, Ariana Grande, Demi Lovato, Michael Showalter, Cathy Schulman, Robinne Lee, I've, Hayes, Carl Falk, Moon, Simon Cowell, Alisha Wetherill, I'm, Harry Styles, Jackson, what's, sister's, NSYNC Organizations: BI, Service, SXSW, Vogue, Amazon Prime Locations: Coachella, Pixar's

☆ Where Old Vegas is still alive today
▼ + stars: | 2024-03-03 | by ( Matt Villano | ) edition.cnn.com time to read: +11 min

MuseumsMuseums are obvious celebrations of the past, and in Las Vegas, these two museums have direct links to the Vegas of old. At the Neon Museum, Old Vegas is showcased in the form of neon signs. Other attractionsSeveral other sights and destinations around Las Vegas keep the city’s past alive in this modern age. At one point every casino in Las Vegas had a machine like this one; today this is the only coin-operated iteration left. Finally, the most recognizable throwback to Old Vegas might be the neon “Welcome to Fabulous Las Vegas” sign at the south end of the Las Vegas Strip near Mandalay Bay Resort & Casino.

Persons: upstage Travis, Taylor, Usher, Jackie Gaughan, Kenny Epstein, Epstein, Gaughan, “, ”, you’ve, Bugsy Siegel, Meyer Lansky, La Concha, Caesar, Chris Welsch, Frank Sinatra, Dean Martin, Sammy Davis Jr, Sinatra, Hugo’s, El Cortez, Barbara Streisand’s, Bauer, Griffin, Vegas Vickie, Vickie, Derek Stevens, Vic, Betty Willis, YESCO Organizations: CNN, Sin, Bellagio, Vegas, Eiffel, El, Fremont Street, National Register of Historic Places, Casino, Hotel, Museums, Mob Museum, National Museum of, US Post Office, Commerce, Neon Museum, Las, Virgin Hotels, Minneapolis Star Tribune, Italian American, Four Queens Casino, Las Vegas, Sigma Derby, Fremont Locations: Sin City, Las Vegas, Paris, Vegas, Hotel Nevada, Fremont Street, America, Old Vegas, Sahara, Virgin Hotels Las Vegas, Las, Fremont, Mandalay

☆ The Best Movies and TV Shows Coming to Netflix in March
▼ + stars: | 2024-03-01 | by ( Noel Murray | ) www.nytimes.com time to read: +3 min

Every month, Netflix adds movies and TV shows to its library. Sandler plays a Czech astronaut named Jakub, whose vital deep-space exploratory mission is suffering because of his crushing loneliness and the possible disintegration of his marriage to his pregnant wife, Lenka (Carey Mulligan). Paul Dano provides the voice of a kindly spider-like alien creature named Hanuš, who provides Jakub with some much-needed company and advice. Ritchie’s TV series “The Gentlemen” re-enters the world of the movie from a different angle. Theo James plays Eddie, a fading aristocrat’s estranged son, who unexpectedly inherits his dad’s estate along with its crushing debts and obligations.

Persons: Adam Sandler, Sandler, Jakub, Lenka, Carey Mulligan, Paul Dano, “, ”, Jaroslav, Colby Day, Johan Renck, ‘, Guy Ritchie’s, Gentlemen ”, Theo James, Eddie, Millie Bobby Brown, Princess Elodie, Ray Winstone, Angela Bassett, Nick Robinson, Elodie, Shohreh Aghdashloo, Juan Carlos Fresnadillo, Dan Mazeau Organizations: Netflix, Gentlemen Locations: Czech, British

☆ The Affair That Split New York High Society
▼ + stars: | 2024-02-21 | by ( Liesl Schillinger | ) www.nytimes.com time to read: +1 min

STRONG PASSIONS: A Scandalous Divorce in Old New York, by Barbara WeisbergThe touch of a hand from two centuries ago can spark powerful emotions in the present. In Jane Austen’s novel, their chemistry leads to marriage and the elevation of the heroine’s fortunes. But in New York in 1860, a real-life brush of hands “ignited a fiery and forbidden passion” between members of two prominent families. Their romance wrecked a marriage, destroyed the woman’s reputation and resulted in a lurid divorce trial whose salacious details filled pages of the nation’s newspapers. In “Strong Passions,” her riveting reconstruction of a scandal that “rocked genteel society,” Barbara Weisberg reassembles the story with the clear determination to treat both sides equally, and without leering.

Persons: Barbara Weisberg, “, ”, Jane Austen’s, ” Barbara Weisberg Locations: Old New York, New York

☆ Young homebuyers are about to regain serious leverage over their parents' generation, according to the 'Oracle of Wall Street' who called the financial crisis
▼ + stars: | 2024-02-13 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

“People have not accessed the equity in their homes,” Whitney said. Advertisement“The issue that it leads to is more sellers, fewer buyers,” Whitney said. “I think you’re going to see a bifurcated housing market where you see continued strength in some areas, and then disproportionate weakness in others,” Whitney said. AdvertisementThe obvious question that follows is which real estate markets will be best for buyers and which will favor sellers. In October, Whitney cited Connecticut, Illinois, New Jersey, and Pennsylvania as examples of states where property prices could plummet , especially in rural areas.

Persons: —, Meredith Whitney, Whitney, ” Whitney, Meredith, “ It’s, they’ve, haven’t, “, Whitney isn’t, it’s Organizations: Service, Wall Street, Business, Wall, Advisory Group, Sun Belt Locations: Texas, Florida, Connecticut, Illinois , New Jersey, Pennsylvania, New York, Ohio, States, Tennessee, Utah, Arizona, West Coast

☆ 10 Valentine's Day date-night meals you can make in a slow cooker
▼ + stars: | 2024-02-12 | by ( Erin Mcdowell | ) www.businessinsider.com time to read: +1 min

Valentine's Day often calls for dinner out, but cooking in can be just as romantic. From pasta dishes to short ribs, these slow-cooker dinners are sure to impress. AdvertisementValentine's Day is right around the corner, and using a slow cooker is a great way to put a romantic dinner on the table with minimal effort. From creamy mac and cheese to short ribs and brisket, these slow-cooker meals are equal parts comforting and impressive. Here are 10 date-night meals you can make in a slow cooker.

Persons: — Organizations: Service

☆ Here's what I'm watching to see where the market goes next after the S&P 500 record close
▼ + stars: | 2024-01-21 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

We don't know what we want. The rails are too significant to ignore even as the bond market seems to rely, I would say, wrongly, on the broader data. I think it's a factor of big money flows that aren't sensitive to what moves rates and don't mind being wrong. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Tesla, ServiceNow, Bill McDermott, Russell, —, Abbott, Gamble, Jon Moeller, Heels, what's, hasn't, Steve Jobs, Ray, Kimberly, Clark, Jim Cramer's, Jim Cramer, Jim, Virginia Sherwood Organizations: Union Pacific, CSX, Norfolk Southern, Federal Reserve, Silicon Valley Bank, Microsoft, Nvidia tacking, Google, Apple, Nvidia, JPMorgan Healthcare Conference, Abbott Laboratories, Investing, JPMorgan, Novartis, Walgreens Boots Alliance, Procter, Super, YouTube, Netflix, Vision, Pro, Jim Cramer's Charitable, CNBC, NYSE Locations: U.S, Silicon, San Francisco, Amgen, China

☆ Think Clothes Were ‘Better’ 50 Years Ago? Our Investigation Might Surprise You
▼ + stars: | 2024-01-13 | by ( Jamie Waters | ) www.wsj.com time to read: +1 min

LATE LAST YEAR, old trench coats began trending on X (formerly known as Twitter). As ammunition she supplied a swoon-worthy shot of model-actress Lauren Hutton taken at the 1983 premiere of “Starflight.” Hutton has a twinkle in her eye. Today, the average trench is cut more skimpily, according to Dione Davis, a stylist in New York and Paris. As can other laments that went viral in recent months focused on sweaters, tailored trousers, even T-shirts. Conventional wisdom holds that wardrobe classics were better in previous generations.

Persons: Savannah Bradley, Lauren Hutton, “, ” Hutton, Dione Davis Organizations: LAST Locations: New York, Paris

☆ Opinion | The DeSantis Campaign Is Revealing What Republican Voters Really Want
▼ + stars: | 2024-01-13 | by ( Ross Douthat | ) www.nytimes.com time to read: +2 min

A smaller bloc strongly preferred a pre-Trump and un-Trump-like Republican; this has become the Nikki Haley constituency. This left a crucial middle bloc, maybe 40 percent of the party in my own guesstimation, that was Trump-friendly but also seemingly persuadable and open to another choice. These voters liked Trump’s policies more than his personality. They didn’t like some of his tweets and insults, so they mostly just tuned them out. But they acknowledged that he didn’t always seem entirely in charge of his own administration, fully competent in the day-to-day running of the government.

Persons: Ron DeSantis, Donald Trump, Nikki Haley, Hillary Clinton, —, didn’t Organizations: Republican, Trump Locations: Iowa

☆ An options hedge on the stock market if the Santa rally fails to continue
▼ + stars: | 2023-12-21 | by ( Michael Khouw | ) www.cnbc.com time to read: +6 min

Then we'll review what I think will happen into year end and a possible market hedge idea. FedEx gave us a sense of how things are looking when they reported earnings Tuesday evening, and it wasn't good. We got all of them out of FedEx earnings, they hit a dinger, in a bad way, which disappointed the Street to say the least. Market downside reversal I was surprised when, after dipping slightly on the open the Dow Jones Industrial Average rallied mildly. Hedge The S & P 500 SPDR Trust (SPY) January $460 puts were $2.98 as of the close Wednesday.

Persons: we'll, Charles Dow, Ken Hoexter, Raj Sumbramaniam, I'm, Goldman Sachs, Apple isn't, Santa Claus, Today's Organizations: FedEx, The, Journal, Bank of America, Dow Jones Industrial, Depot, Caterpillar, Boeing, Honeywell, Nasdaq, Apple, Bollinger, FDX Locations: Tuesday's, Santa

☆ How every Club stock performed over the past 10 Decembers, a historically strong month
▼ + stars: | 2023-12-05 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

After closing at its highest level of 2023 on Friday , the first day of December, the S & P 500 fell Monday. A mixed picture is revealed when looking at how every Club stock has performed in December over the past decade. The best-performing Club stock over the past 10 Decembers is Broadcom (AVGO), which has an average gain of 7.1% in the month. Salesforce (CRM) is the worst-performing Club stock in December over the past decade, falling 4.53% on average in the month. Amazon (AMZN), Coterra Energy (CTRA) and Costco (COST) round out the bottom five December performers over the past decade.

Persons: Sam Stovall, Santa Claus, hasn't, It's, Thursday's, Estee Lauder, Eli Lilly, —, Jim Cramer's, Jim Cramer, Jim, Tayfun Organizations: GE Healthcare, Broadcom, Procter & Gamble, Wynn Resorts, WYNN, Salesforce, Ford, Palo Alto Networks, Coterra Energy, Costco, Amazon, Caterpillar, Jim Cramer's Charitable, CNBC, Wall, York Stock Exchange, Financial, Anadolu Agency, Getty Locations: Santa, Broad St, New York City, United States

☆ Stocks Hit New High for the Year, Reversing the Summer’s Swoon
▼ + stars: | 2023-12-01 | by ( Joe Rennison | ) www.nytimes.com time to read: 1 min

After several twists and turns this year, stock investors are in a celebratory mood. The reversal has come as investors have cheered signs that the Federal Reserve has finished raising interest rates, the primary tool in the central bank’s effort to slow inflation. Those high rates have been a drag on corporate valuations because they raise costs for consumers and companies and give allure to investments outside the stock market. Jerome H. Powell, the Fed chair, appeared to add to investors’ bullish mood on Friday, suggesting that the economy continues to cool as expected. “We’re getting what we wanted to get, we now have the ability to move carefully,” Mr. Powell said at an event.

Persons: Jerome H, Powell, ’, “ We’re, Mr Organizations: Federal Reserve

☆ Investors flock to US natural gas ETF despite price slump
▼ + stars: | 2023-12-01 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +2 min

Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo Acquire Licensing RightsDec 1 (Reuters) - Investors have been piling into an exchange-traded fund (ETF) designed to track U.S. natural gas prices, in spite of the commodity's dismal performance in 2023. The U.S. Natural Gas Fund's (UNG) (UNG.P) price, tied to the performance of futures contracts on the commodity, has plunged 60.7% so far this year, falling 27% in November alone. Analysts said the drop in the ETF's price came alongside a fall in the price of natural gas sparked by milder than usual weather across the United States in recent weeks. Natural gas prices fell about 22% in November, the single largest monthly percentage drop since a 40% decline in January.

Persons: Arathy, Stacey Morris, Morris, UNG, Suzanne McGee, Ira Iosebashvili, Emelia Organizations: Reuters, Natural, Analysts, New York Mercantile Exchange, U.S . Energy Information Administration, Thomson Locations: Freeport, U.S, Freeport , Texas, United States

☆ Options traders appear to be betting the worst is over for this beaten-up retailer
▼ + stars: | 2023-11-30 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

What do options traders mean when they referred to an "implied move"? A core component of the implied move is the implied volatility of the options. Implied volatility is an estimate of a stock's future volatility and is embedded in an option's price. What causes large moves, such as the one seen in Foot Locker, and what are traders betting on now? FL YTD mountain Foot Locker in 2023 As the chart reveals, FL has had a tough go of it this year.

Persons: Locker, Foot Locker Organizations: FL, NBA

And gas prices are down around $3 a gallon ahead of this critical week for holiday driving, while mortgage rates have backed off their recent highs. There is little expectation the Fed will raise interest rates in December at its next meeting after being on pause since July and two benign inflation reports last week. Such a benign inflation outcome would increase our conviction that the coming recession will be mild.”It will be a shortened week for economic data and market activity. The week starts with a read on the economy from the Conference Board’s leading economic index. Still, the overriding narrative at the moment is one that sees a slowdown bringing further relief on the inflation front and continued, if weaker, growth ahead for the economy.

Persons: Jerome Powell Organizations: Research, US Bond Strategy, Conference, University of

☆ Morning Bid: Treasury yields dive as oil craters, economy softens
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +5 min

U.S. two-year Treasury yields skidded below 4.80% on Friday for the first time since September 1, with 10-year yields dropping under 4.40% to September lows too. Crude has now lost almost 25% in just six weeks - aided by the U.S. gradually lifting oil sanctions on Venezuela. The Labor Department said import prices fell a whopping 0.8% in October, the most in seven months amid a broad decline in the costs of goods - deepening the annual deflation of import prices to as much as 2.0%. Even though the dollar (.DXY), , is taking a hit from the plunge in U.S. Treasury yields, the drop in sovereign borrowing rates was mirrored across the world in Europe , even Japan . Mirroring the softening demand picture elsewhere, British retail sales volumes fell unexpectedly in October as stretched consumers stayed at home.

Persons: Lucas Jackson, Mike Dolan, plumb, Morgan, Susan Collins, Mary Daly, Austan Goolsbee, Michael Barr, Dave Ramsden, Nick Macfie Organizations: New York Stock Exchange, REUTERS, Walmart, Cisco, Alibaba, Philadelphia Federal Reserve, Labor Department, Treasury, Hong, Housing, Atlanta, Boston Federal, San Francisco Fed, Chicago Fed, Bank of England, United States, APEC, Graphics, Thomson, Reuters Locations: New York, U.S, Wall, Alibaba ., Venezuela, Europe, Japan, HK, Hong Kong, China, San Francisco

☆ Morning Bid: Inflation on the ropes, shutdown averted
▼ + stars: | 2023-11-15 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. Much like then, the sheer scale of the yield swoon has stoked bond volatility gauges (.MOVE) too. What's more, a quarter point rate cut by May is now 80% priced and 100bps of easing through 2024 is now baked in. U.S. corporate news stays on retail later as Target reports earnings, following a beat by Home Depot on Tuesday. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Xi Jinping's, Joe Biden, Russell, Austan Goolsbee, Berkshire Hathaway, Warren Buffett, Michael Barr, Thomas Barkin, Jonathan Haskel, Xi Jinping, Bernadette Baum Organizations: New York Stock Exchange, REUTERS, Wall, Chicago Fed, Bank of America, Home Depot, Berkshire, General Motors, Procter, Gamble, Richmond Fed, Bank of England, APEC, Cisco Systems, Palo Alto Networks, Reuters, NFIB, Reuters Graphics Reuters, Thomson Locations: New York City, U.S, Wall, UK's, York, San Francisco

A recently edgy bond market gobbled all that up. Funds' bonds allocation in November soared 18 points over the month to leave them net 19% overweight - almost 3 standard deviations above long-term averages. Asset managers' overweight bond positions - or at least those in government bonds and U.S. Treasuries - tends to be mirrored by big short positions in Treasury futures among speculative hedge funds. CFTC numbers show the scale of that speculative 'Big Short' on the flipside of the mounting 'Big Long' built by regular asset managers. Lamont points out that U.S. Treasury yields and investment grade corporate debt yields would have to rise about another 100bps for the capital losses to wipe out current yields.

Persons: Sarah Silbiger, Lazard, Ronald Temple, Lombard Odier's Florian Ielpo, Duncan Lamont, Lamont, Jason Pride, Mike Dolan, Susan Fenton Organizations: El Progreso Market, Washington , D.C, REUTERS, Bank of America's, Treasury, Reuters, Thomson Locations: Mount Pleasant, Washington ,, what's

What to watch for in Tuesday’s inflation numberThe markets have rebounded from their fall swoon — with the S&P 500 up more than 7 percent over the past two weeks — as investors grow more optimistic that the Fed is done raising interest rates. That conviction will be put to the test with a new batch of inflation data this week, starting with Tuesday’s Consumer Price Index data at 8:30 a.m. Eastern. It arrives amid deep divisions on Wall Street over the Fed’s next move, and as inflation weighs heavily on President Biden’s poll numbers. Tuesday’s figure could signal that progress on inflation is slowing. That’s no better than the September figure, and well above the Fed’s 2 percent target.

Persons: Biden’s Organizations: Tuesday’s, Wall, Deutsche Bank

☆ Ed Yardeni says the ‘bond vigilantes’ have retreated, so the S&P 500 can rally to 4,600
▼ + stars: | 2023-11-13 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

In Yardeni's estimation, the bear market ended in October 2022, and the stock market has been in a bull market since, calling the August-through-October weakness simply a correction. Yardeni is credited with coining the term " bond vigilantes " in the 1980s. US10Y 1M mountain The 10-year Treasury yield has retreated from its late-October highs. "We are expecting that both the bond yield and the oil price will stabilize around current levels. During the latest stock market correction, the Bond Vigilantes saddled up and were riding high.

Persons: Ed Yardeni, Yardeni, Santa Claus Organizations: Yardeni, Treasury, Bond Vigilantes Locations: Santa

☆ The Family That Turned Malcolm X’s Life Into Opera
▼ + stars: | 2023-11-01 | by ( Zachary Woolfe | More About Zachary Woolfe | ) www.nytimes.com time to read: +2 min

She asked me if I had any ideas, and I said sure, I’d like to write an opera about Malcolm X. I made them much more rhythmic, with short sentences so Anthony could set them. I imagined it as being in three acts, and I labeled each act: Hate, Fear, Love. I thought of it as a classic tragedy, where there’s a false unity that’s destroyed and you come back to the real unity, the real salvation that comes from the pilgrimage to Mecca. Betty Shabazz said that we made the Nation of Islam look too good.

Persons: ANTHONY I, Mary MacArthur, Malcolm X, Eric Bogosian, THULANI, Anthony, Malcolm, CHRISTOPHER, Thulani, Reginald, “, Betty Shabazz Locations: Malcolm, Mecca

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