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Arone spoke with Before the Bell to outline three things about markets right now “that investors should know, but probably don’t.”1. You write that investors might be surprised to hear that small- and mid-cap stocks have outperformed large-cap stocks over the past five months. Why do you think that’s surprising, and what does it say about markets? Most investors think that the S&P 500 has been outperforming everything else, largely dragged up by the performance of the Magnificent 7 (Amazon, Tesla, Alphabet, Meta, Apple, Microsoft and Nvidia). The big beneficiaries of that, I think, would be a surprise for most investors — those mid-cap stocks and small-cap stocks.
Persons: , Michael Arone, Arone, That’s, that’s, Jerome Powell, I’m, Warren Buffett, Berkshire Hathaway, Charlie Munger, Buffett, Greg Abel, Ajit Jain, Munger’s, Read, Parija Kavilanz Organizations: New, New York CNN, Wall, Federal Reserve, Bell, Apple, Microsoft, Nvidia, Treasury, Fed, Berkshire Hathaway, Oracle, Ikea Locations: New York, Berkshire, Woodstock, Nebraska, Omaha
"I don't have the capacity to think through, well, what if, what if, what if," Menendez told me. Mayor Bhalla told me that he began contemplating his primary challenge shortly after the elder Menendez was first indicted in September. AdvertisementSitting in his recently opened campaign office, the mayor told me that the most important facet of his candidacy was his fight against New Jersey's party boss-driven political culture. "Everything here is a headline or a deadline driving the process," Councilman Paul Presinzano said of Mayor Bhalla. Menendez looks on as Bhalla's opening remarks at a Jersey City candidate forum are filmed by a cameraman.
Persons: Rob Menendez —, Sen, Bob Menendez —, Ravi Bhalla, Menendez, , Rob Menendez, Bob Menendez, who's, that's, frat bro, I've, Stephen Chernin, he's, father's, Phil Murphy, Bhalla, Pete Buttigieg, outraise Menendez, Ted Shaffrey Bhalla, Menendez —, there's, They're, Andy Kim, Tammy Murphy, James Solomon, you've, hasn't, bossism, Anna Moneymaker, deriding, didn't, I'm, wasn't, we're, It's, Sam Bankman, rZ6H2IB4N0, — Rob Menendez, @RobMenendez4NJ, Councilwoman Tiffanie Fisher, Kim, Fisher, Paul Presinzano, Union City —, Donald Trump, Bryan Metzger, Rob's, Tammy Murphy's, He's, Cory Booker, Rob Menendez Bhalla, Steve Fulop —, corruptly Organizations: Hoboken, Service, Nike Air Force, Gov, Port Authority of New, New Jersey ., Sikh American, Congress, South, AP, New, Democratic Rep, First, Jersey City, Getty, Lipton Tea Company, House Transportation, Infrastructure, Union City, Homeland Security, Democratic, House Democratic, Facebook Locations: New Jersey, Manhattan, Jersey, Hoboken, Port Authority of New York, he's, Jersey City, Washington ,, Washington and NJ, Menendez's, Union City
CNN —The teeth-gnashing aspects of “Star Wars: The Phantom Menace” have been chewed upon for a quarter century, from Watto to Anakin Skywalker’s Midi-chlorian count (and miracle birth) to almost everyone’s favorite punching bag, Jar Jar Binks. Think of them as creative building blocks, which overcame clunkier parts of the script and awkward performances to influence the rest of the “Star Wars” timeline. Ray Park as the villainous Darth Maul in "Star Wars: Episode I - The Phantom Menace." It’s also likely a key reason why “Star Wars” has continued to flourish as parents pass it on to their kids. “Star Wars: The Phantom Menace” will play in select theaters beginning May 3.
Persons: Anakin Skywalker’s, George Lucas ’, Dave Filoni, “ Obi, Wan, They’re, Darth Sidious, Ian McDiarmid, Lucas, credibly, Mace Windu, Samuel L, Jackson didn’t, Ray Park, Darth Maul, Filoni, , Ewan McGregor, Liam Neeson, Obi, Wan Kenobi, McGregor, Neeson, Wan –, John Williams, It’s, Organizations: CNN, , “ Star, Lucasfilm, Force Locations: Watto, Republic
Temperatures during the lunar night can plunge to minus 208 degrees Fahrenheit (minus 133 degrees Celsius), according to NASA. And Moon Sniper wasn’t expected to withstand even one lunar night, which is a period of darkness on the moon lasting about two weeks. Riding out the lunar nightThe mission team communicated with Moon Sniper on April 23 after the lander rode out its third lunar night. From JAXAIn addition to surviving the extreme cold of the lunar night, Moon Sniper has also endured the searing temperatures of the lunar day, which can reach 250 degrees Fahrenheit (121 degrees Celsius), according to NASA. On February 29, after seven days of operating, Odie went to sleep because it wasn’t intended to survive the lunar night.
Persons: CNN —, Smart, SLIM, , Moon, , Odysseus, Odie ”, Odie, “ Odie, Jack Fischer, Fischer, ” Fischer, , I’m, Vikram, Artemis, Noah Petro, Artemis III, ” Petro Organizations: CNN, Japan Aerospace Exploration Agency, NASA, JAXA, Reconnaissance, Artemis, Apollo Locations: Japan, Houston, India, China
Samsung 65-inch S95D 4K OLED TV This exceptional high-end TV is the brightest OLED we’ve ever tested. I've seen this kind of behavior on a few other OLED TVs, but it's more extreme on this model than on competitors. However, there is speculation that the brand could sell versions of its 2024 OLED TVs with WRGB panels instead. Steven Cohen/Business InsiderBased on my initial testing, the Samsung S95D is an excellent option for anyone who wants a high-end OLED TV. Ultimately, buyers seeking a premium viewing experience can't go wrong with any high-end OLED TV.
Persons: It's, Slim, HLG, Steven Cohen, I've, wonky, upscaling, you'll, there's, that's, S95C Organizations: Business, Samsung, LG, Sony A95L, Shop, Dolby, HLG Smart, Samsung TV, Forza, Sony Locations: La
In the fierce debate over abortion in the United States, the subject of data collection might seem wonky and tangential. But the information that state and city governments collect about abortion patients is becoming another flashpoint in the country’s bitter divide over the issue. Some states with Republican-controlled legislatures have moved to require more information about each abortion, while some states where Democrats dominate are reducing the information they collect, fearing that it may be used to identify patients or to prosecute abortion providers. “Interstate conflict is only intensifying, and data is the first shot across the bow for how to actualize that conflict,” she added. Abortion rights supporters say they are especially concerned about the potential for anti-abortion states to use data to track patients who travel out-of-state for abortions or receive pills shipped from other states.
Persons: , Rachel Rebouché Organizations: Republican, Temple University Beasley School of Law Locations: United States
This week, a reader's car was damaged when their friend drove it with the parking brake engaged. When he finally finished, my best friend did me a huge favor by driving from Portland to Seattle to bring me my car. While these feelings are perfectly natural, allowing them to ruin your relationship with your best friend would be unfair to you both. Knowing that your best friend "can barely afford rent" and still expecting her to repay you for the car parts is the wrong choice. But even if it isn't, I hope you don't lose your best friend over a single space-out.
Persons: I've, I'd, doesn't Organizations: VW Locations: Seattle, Portland , Oregon, Portland
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
But some states have “open primaries,” meaning any registered voter can vote in either the Democratic or Republican primary. Other states have “closed primaries,” meaning only people registered in a particular political party – usually Republicans or Democrats – can vote in that party’s primary. If multiple candidates win in party primaries in different states, how is the ultimate presidential candidate determined? Delegates can either be apportioned through a winner-take-all system, meaning the top candidate in a state’s primary gets all of that state’s delegates, or they can be apportioned proportionally to the primary election results. Republican rules this year generally require that states with primaries and caucuses before March 15 apportion delegates proportionally.
Persons: Kent Nishimura, Organizations: Museum of Contemporary Art, Democratic, Republican Locations: Arlington , Virginia, It’s
A Pop Star’s Wonky Climate Campaign
  + stars: | 2024-03-12 | by ( David Gelles | ) www.nytimes.com   time to read: 1 min
There’s a major bottleneck impeding the development of new wind and solar projects in the United States: permits. File them under “seemingly boring but supremely important.”It can take years for proposed renewable energy developments to win the necessary approvals from the environmental and zoning authorities. The red tape is causing a devastating slowdown in the country’s transition to a cleaner energy system. But what if there was a way to fast-track wind and solar developments with a hack: place the projects on state and federal lands that have already been approved for oil and gas production. That is the unusual plan being promoted by a somewhat unlikely policy buff, a pop star named Adam Met.
Persons: There’s, Adam Met Locations: United States
In contrast, monetary policy refers to actions taken by a country's authority on money — the Federal Reserve in the U.S. — to reach a desired economic outcome. Fiscal policy and monetary policy are implemented independently, even as one impacts the other. Expansionary fiscal policy combined with contractionary monetary policy. Contractionary fiscal policy combined with expansionary monetary policy. Now consider a situation in which the Fed is easing its monetary policy while Washington raises taxes, thus reducing after-tax income.
Persons: it's, we've, Apple, Jim Cramer's, Jim Cramer, Jim Organizations: Federal, White House, nab, Federal Reserve, U.S, CNBC, Treasury, Fed, Companies, Jim Cramer's Charitable Locations: U.S, Washington
9 to 0 — I’m going to say that again — 9 to 0, ruled that states can’t keep Donald Trump off their ballots. It’s how — Trump has said to his loyalists, I am your retribution, so maybe we should just look at this as a blueprint for retribution. He’s going to end up — when he gives his big convention speech, he’s going to end up making promises on economic policy, domestic policy, and so on. ross douthatSo here’s why I’m sort of — Carlos, especially to your point — like, trying to focus us on the sharpest possible conflicts. But if most of the country’s political and emotional energy is instead focused on Trump himself, rather than real, actual debates, then I think Trump is winning, period, and the country is losing.
Persons: carlos lozada, polgreen Wow, ross douthat, lydia polgreen, Kiefer Sutherland, carlos lozada Totally, michelle cottle Perfect, lydia polgreen You’re, Kiefer, I’m Ross Douthat, michelle cottle I’m Michelle Cottle, carlos lozada I’m Carlos Lozada, Lydia Polgreen, michelle cottle Chin, Biden, lydia polgreen It’s, , can’t, Donald Trump, Grover Cleveland, michelle cottle, Jesus, Donald Trump’s, Carlos Lozada, it’s, Carlos, ross, carlos lozada You, , Trump, Nikki Haley, carlos lozada Yes, He’s, United States — carlos lozada, carlos lozada Harold Meyerson, , Harold — carlos lozada —, michelle cottle —, — Trump, Trumpism, lydia polgreen Trump, carlos lozada —, part’s, michelle cottle You’re, Lydia, let’s, Michelle, — ross douthat Michelle, michelle cottle Oh, Hillary Clinton, — ross, lydia polgreen Get, michelle cottle Mexico’s, Mike Shear, Julie Davis’s, ” ross douthat, carlos lozada Michelle, michelle cottle I’m, George Floyd, I’m — ross, polgreen, I’m, — michelle cottle, he’s, lydia polgreen I’m, Dobbs, ross douthat Carlos, we’ve, unquote, carlos lozada Well, carlos lozada He’s, — carlos lozada Boo, Matt Iglesias, That’ll, that’ll, Peter Navarro, doesn’t, there’ll, lydia polgreen There’ll, carlos lozada Ross, there’s, ” michelle cottle, lydia polgreen Couldn’t, John Roberts, Peter Baker, Susan Glasser’s, Maggie Haberman’s, — michelle cottle Beat, ross douthat —, It’s, Asli Aydintasbas, she’s, Ross, Viktor Orbán, Joe Biden, ideologues, ross douthat Lydia, — carlos lozada, ross douthat Go, nope — ross, Miley Cyrus, it’s Truman, I’ve, lydia polgreen There’s, Bilbo, Martin Freeman, michelle cottle Big, michelle cottle Carlos, We’ve, carlos lozada You’re, We’ll, lydia polgreen Bye Organizations: New York, Republican, New York Times, Siena College, Trump, Heritage Foundation, Leadership, GOP, Republicans, HHS, Department of Health, Human Services, Department of Life, CDC, Department of Justice, Justice Department, National Guard, of Homeland Security, Democrats, Politico, America, United States Constitution, Swans, East, Brooklyn, Northwest Missouri State University, carlos lozada Business Locations: New, America, Douthat, , Washington, United States, lydia polgreen Get Mexico, Francisco, China, Turkish, Turkey, Manhattan, Brooklyn
It refers to the estimated future volatility of the underlying asset through a future (expiration) date. Leaving the fancy options mumbo jumbo to the side, it's just another way options traders think about the price of an option . It is because inputting volatility solves for price, or inputting price solves for volatility, that options traders tend to think of the two interchangeably. Big move expected for Foot Locker In the table below, we highlight some of the stocks reporting this week where options prices estimate fairly high moves around earnings. And how does one play it given that Foot Locker options are incredibly expensive?
Persons: Foot, Locker Organizations: Big, Nike Locations: it's
October 1 has been the official kickoff date for the federal fiscal year since 1977. Lawmakers have passed at least one continuing resolution in all but three of the years in the nearly half-century since. Instead, they will wrap the spending bills into larger packages – frequently called an “omnibus” that is passed in December or later. In 1997, for instance, there was no CR, but the spending bills were all passed together as an omnibus. Don’t hold your breath for them to get the 2025 spending bills done on time.
Persons: , Joe Biden, haven’t, Maya MacGuineas, CNN’s Tami Luhby, arrearages, Biden, What’s, Mike Johnson Organizations: CNN, CRs, Journalists, Senate, Lawmakers, Congressional Research Service, GAO, Federal, WIC, Budget, Low Income, Energy Assistance, National Energy Assistance, Association, Partnership for Public Service, Democratic, Capitol Hill, Agriculture, FDA, Commerce, Justice, Science, Energy, Water, Veterans Affairs, Transportation, Housing, Urban Development, Defense, Financial Services, General Government, Homeland Security, Labor, Health, Human Services, Foreign Locations: Washington, State
Why are shopping carts always broken?
  + stars: | 2024-02-17 | by ( Eva Rothenberg | ) edition.cnn.com   time to read: +5 min
The notoriously combative wheels are actually created by the repeated battering that shopping carts are often subject to, explained Alex Poulos. Rogers, which supplies thousands of shopping carts to companies like Whole Foods, Tractor Supply Company and Meijer. Customers push shopping carts outside a Lidl Stiftung & Co. KG supermarket in Berlin, Germany, on Tuesday, Oct. 4, 2022. The ethics of returning shopping cartsConsumers bear some of the responsibility for the banged up and broken qualities of their shopping carts. A supermarket employee returns shopping carts in the Market Basket parking lot in Plymouth, Massachusetts, during a fast-moving winter storm that hit the US Northeast February 13, 2024.
Persons: New York CNN —, Alex Poulos, Poulos, Rogers, Krisztian Bocsi, , Alvar Diaz, Christopher Furlong, they’re, Beth Thieme, Ken McGagh, Diaz Organizations: New, New York CNN, R.W, Tractor Supply, Meijer, CNN, Customers, Stiftung, KG, Bloomberg, Getty, Aldi, Tesco, Lidl, Amigo Mobility, Reuters Retailers, Walmart, Target Locations: New York, Berlin, Germany, Europe, Tarleton, United Kingdom, United States, Plymouth , Massachusetts
Among the most common email scams are phishing emails. Instead of sending out generic emails, the emails are addressed to an individual or a specific organization. Now, criminals anywhere in the world can use ChatGPT or FraudGPT to create convincing phishing and spear phishing emails. If I'm going to do 1,000 spear phishing emails or CEO fraud attacks, and I find one in 10 of them work, that could be millions of dollars," said Davies. It will take some time for companies to adjust, but for now, cybersecurity experts say generative AI is leading to a surge in very convincing financial scams.
Persons: Chase, Christopher Budd, Elon, Gayle King, Tucker Carlson, Bill Maher, Andrew Davies, Cyril Noel, Tagoe, Davies, Venmo, Wise, Netcea, Banks, Ajay Bhalla, haven't, Noel, I've, Budd Organizations: Association of Financial, eBay, CBS, Fox News, Facebook, YouTube, PayPal, Mastercard Locations: Hong Kong, ComplyAdvantage
Read previewThe S&P 500 surpassed 5,000 for the first time on Friday, riding a wave of investor optimism about the health of the US economy. It's represented by the red line in the chart below, while the S&P 500 is shown in blue. Here's a chart from a regression analysis by Bank of America showing the impact that valuations have on long-term stock market returns. 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 23% over the past year.
Persons: , John Hussman, Hussman, It's, Tom Lee, Jeffrey Buchbinder, Adam Turnquist Organizations: Service, Hussman Investment Trust, Business, Hussman, Bank of America
Long viewed as an intriguing, if somewhat wonky, approach to conducting elections, ranked-choice voting — allowing voters to list candidates in order of preference instead of selecting just one — appears to be having a moment. Across the country, voters have adopted the system for municipal and county elections in each of the last 27 times the issue has been put to them. Nevada and Oregon — and perhaps Colorado and Idaho as well — will hold referendums on adopting the system this fall. Critics call the system confusing and even undemocratic, since candidates who initially get the most first-place votes don’t always win in the end. But just how popular ranked-choice voting is may depend on the group that has most often waged tooth-and-claw battles against it: conservatives, and in particular Republican political figures, who have ideological and practical reasons to oppose the system.
Persons: Long, don’t Organizations: Republican Locations: Nevada, Oregon, Colorado, Idaho, Maine, Alaska
Read previewIn 2011, the small women's interest blog The Hairpin broke new ground in the field of visual journalism with the iconic post "Women laughing alone with salad." This story is available exclusively to Business Insider subscribers. Kate Knibbs reports:In an attempt to understand the future of media, I tracked down The Hairpin's new owner — a Serbian DJ named Nebojša Vujinović Vujo. Choire Sicha, a cofounder of the Awl Network, which published The Hairpin, told Business Insider that they have sent a letter to the domain's new owner. "This entity or person did not purchase The Hairpin," he told Business Insider.
Persons: , Edith Zimmerman's, James Nolen, Kate Knibbs, Vujinović Vujo, Vujo didn't, Jia Tolentino, Anne Helen Petersen, Jazmine Hughes, Choire, It's, Vujo, Sicha, they're Organizations: Service, Business, Google, Awl Locations: Serbian
Everything was getting bigger — its cultural influence, geopolitical ambition, population — and seemed poised to continue until the world was remade in China's image. But now China's economy is withering, and the future Beijing imagined is being cut down to size along with it. What Beijing does — or fails to do — to fight this malaise will determine the course of humanity for decades to come. China's deflation worries started in earnest in the summer. Years of overbuilding — by about double the population, according to some estimates — and slowing population growth caused prices to collapse .
Persons: Minxin Pei, there's, Charlene Chu, Autonomous Research Charlene Chu, Chu, Wei Yao, Générale, I'm, Ben Bernanke, Bernanke, Xi Jinping, Xie Huanchi, Société Générale's Yao, Yao, It's, , aren't, Logan Wright, Wright, Xi doesn't, Jinping, it's, Xi, Claremont's Pei, magnanimity Organizations: Claremont McKenna College, Autonomous Research, Federal Reserve, Getty Images Japan, Chinese Communist Party, Xi, CCP Locations: China, Beijing, dauphin, Xinhua, Japan, Xi's China, East Asia, Taiwan, Europe
Delegates use wonky terms like “NDCs” “1.5 degrees” and “loss and damage,” not exactly conversation starters at parties. Currently, temperatures have increased about 1.2 degrees Celsius (2.2 degrees Fahrenheit). As extreme weather events driven by climate change have increased and intensified, climate scientists have pushed to limit warming to 1.5. Last year’s climate talks, COP27 in Egypt, produced a landmark agreement for rich countries to contribute to a fund to help developing nations adapt to climate change. The wonky speeches, lots of discussion and disagreements will continue, all with the hope of combatting climate change.
Persons: FOSTER, , ___ Peter Prengaman Organizations: United Arab Emirates, of, Delegates, Biden, Associated Press, AP Locations: DUBAI, United Arab, Dubai, Paris, United States, COP27, Egypt
There’s some torque applied to the characters and the situations, which reminds me of comedy, but it isn’t always a comedy. I guess that’s maybe the mortality. Maybe I could try to elicit the audience’s sympathy for someone, but I wouldn’t want to with this show. It wasn’t like, Oh, let’s try and push people away or draw them in. But if it could happen or would happen, we’d always say, let’s do it.
Persons: isn’t, I’d, Nick Britell, Robert Maxwell, Rupert, Murdoch, Sumner Redstone, let’s, we’d Locations: British
This scenario is one of the scenes in the demo video for the AI Pin, a new wearable device. Humane, a AI hardware startup, announced that its first device, the AI Pin will go on sale at $699. You can ask the AI Pin if it's "okay" to eat. But the AI Pin isn't like a flip phone. I'm not looking to get rid of my phone — and I don't think the AI Pin could really do that anyway.
Persons: , Imran Chaudhri, Bethany Bongiorno, Siri, Alexa, he's, Katie, I'm, Amy, Siri — Organizations: Apple, Service
Olivier Douliery | Afp | Getty ImagesAmberlee McGaughey, a librarian in Pennsylvania, was not worried about the restart of student loan payments. In August, she applied for the Public Service Loan Forgiveness program with her loan servicer, MOHELA, or the Missouri Higher Education Loan Authority. Around 7% of student loan borrowers are now more than $100,000 in debt. "The government has made all these announcements, and it's really confusing to people," said Scott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal student loan servicers. Her original student loan bill of $483, which was listed as due on Oct. 20, wasn't affordable for her.
Persons: Miguel Cardona, Kamala Harris, Olivier Douliery, she's, MOHELA, couldn't, Ella Azoulay, Carolina Rodriguez, Rodriguez, Scott Buchanan, Joe Biden, he'd, didn't, Biden, servicers, Braxton Brewington, Sarah Cluff, Sarah Cluff Still, servicer, Cluff, Sen, Elizabeth Warren, Nelnet, Joe Popevis, NelNet, Popevis, Servicers, Brewington, Amberlee, Jane Fox, Fox, Buchanan, Rocky, they'll Organizations: Washington , D.C, Afp, Getty, Public, Missouri Higher Education Loan Authority, CNBC, Finance, Biden, Student, Protection, Carolina, Education, Consumer, Student Loan, Alliance, U.S . Department of Education, Valuable Education, Education Department, MOHELA, SAVE, Legal, Association of Legal Locations: Washington ,, Pennsylvania, Missouri, U.S, New York, servicers
Why It MattersBy voting to move ahead with a proposal to restore net neutrality, the F.C.C. The agency will then be able to police broadband providers for net neutrality violations, consumer harm and security lapses. Background: What is net neutrality? Telecom companies have also argued that net neutrality rules could lead to regulatory creep and the regulation of broadband rates. What Critics SayRepublican lawmakers are fighting the move to restore net neutrality rules.
Persons: ” Jessica Rosenworcel, Tim Wu, Barack Obama’s F.C.C, Donald J, Trump, Rosenworcel, USTelecom, Brendan Carr, Mr, Carr Organizations: Netflix, Skype, Telecom, Democrat, Broadband, House Energy, Commerce, Verizon, and, Republican Locations: Columbia, cybersecurity
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