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☆ TikTok’s ‘Mob wives’ aesthetic is fueling a resurgence of fur
▼ + stars: | 2024-02-01 | by ( Yola Mzizi | ) edition.cnn.com time to read: +7 min

This year may bring even more demand due to the explosion of the “mob wives” aesthetic on TikTok. In 2021, Israel became the first country in the world to enact a ban on new fur sales, while Italy and Norway announced they would stop fur farming. ‘Mob wives’ influenceOn TikTok, trends can rise and fall within a matter of weeks, if not days, and “mob wife” is no exception. In the coming months, Spiber said they will partner with a number of brands to develop custom fur products. Leopard print is another key tenet of the 'mob wife' style.

Persons: CNN — Edwards, Edwards, Lowell Furs ’, —, Paul Matsumoto, Natalie Bloomingdale, Raymond Hall, ”, Matsumoto, it’s, Porter, Versace, Prada, Neiman Marcus, Michael Kors, Israel, François, Henri Pinault, Angela Raiola, Drea de Matteo, Adriana La Cerva, Victoria Gotti, John " Junior, Gotti, Ray Tamarra, Mary Altaffer, Mandy Lee, Lee, Emmanuel Dunand, Kayla Marci, “ We’ve, Spiber, Victor Virgile, Callie Clayton, PJ Smith, Smith Organizations: The, Fashion, CNN, Lowell, HBO’s, Everett, Dolce, Gabbana's, Humane Society of, Business Locations: California, Beverly Hills, Edwards, Dua Lipa, New York, Bloomingdale, Canada, Italy, Norway, Paris, AFP, Zara, Milan, Spiber, United States

☆ A simple options trade on a steady health care stock benefitting from an aging population
▼ + stars: | 2024-02-01 | by ( Michael Khouw | ) www.cnbc.com time to read: +3 min

The U.S. population is getting older and per capita health care spending has been rising — other than the pandemic blip — very steadily for half a century. We'll detail a simple trade on a resilient health care industry stock that stands to benefit from that long-term trend. Becton Dickinson (BDX) has a large array of healthcare products and consequently doesn't exhibit the volatility that some other health care companies have like biotech. Unsurprisingly, when we look at the health care sector, we also see consistent long-term growth. The Health Care Select Sector Index (IXV) includes more than 60 companies in pharmaceuticals, biotech, equipment, managed care, service providers and distribution.

Persons: Becton Dickinson Organizations: Moderna Inc

☆ Millennials Have the Children, but Boomers Have the Houses
▼ + stars: | 2024-02-01 | by ( Michael Kolomatsky | ) www.nytimes.com time to read: +1 min

You’re probably a millennial, the generation now likeliest to be raising children. Millennial households with children own half as many, about 14 percent. And the disparity persists despite the fact that millennials (aged 26 to 41) now outnumber boomers, making up 28 percent of the U.S. population. Boomers (aged 58 to 76) account for 27 percent. Among the other generations, Gen X-ers (aged 42 to 57, making up 24 percent of the population) with children own 12 percent of larger homes, while Gen Z households (aged 19 to 25, with 12 percent of the population) with children own just 0.2 percent.

Persons: You’re, Redfin, Gen

☆ Opinion: Why Megyn Kelly’s fake feminism is so chilling
▼ + stars: | 2024-01-31 | by ( Jane Carr | Opinion Holly Thomas | ) edition.cnn.com time to read: +6 min

The unsubstantiated, misleading misogyny of former Fox News anchor Megyn Kelly’s tirade about the harm plastic surgery does to women. Throughout her segment on Moriarty, Kelly latched onto what might, in other hands, under other circumstances, have been sympathetic and important themes. She flagged mental health, the pressures put on women by social media and the beauty industry and the struggle to remain authentic in an increasingly “fake,” AI-dominated world. Moriarty said she would be taking “an extensive if not permanent break” from social media and in her words, she experienced “one of the most challenging weeks” of her life. So much for Kelly’s concerns about her mental health.

Persons: Holly Thomas, Katie Couric, CNN —, Jonathan Rauch, Steve Bannon’s, Holly Thomas Holly Thomas, Rauch, that’s, It’s, Donald Trump, George Floyd’s, Megyn, Kelly, Erin Moriarty, Moriarty, —, ” Kelly, “, Kim Kardashian, ”, Michael Knowles, ” Knowles, Knowles, “ I’ve, she’d “, wasn’t, Naomi Klein, Megyn Kelly Organizations: Katie Couric Media, CNN, America, White House, Fox News, YouTube Locations: London, Hollywood

One proposal to Mr. Zuckerberg for 45 new staff members was declined. It was rejected and he returned to Mr. Zuckerberg in November with a scaled-down proposal for 32 new hires. It is unclear what Mr. Zuckerberg decided. At the hearing, Mr. Zuckerberg plans to suggest that Apple bear the responsibility for verifying ages via its App Store, according to his prepared remarks. Mr. Zuckerberg has long positioned Meta — and the internet writ large — as a place for both good and ill.

Persons: Mark Zuckerberg, Zuckerberg, Meta, Richard Blumenthal, Marsha Blackburn, Mr, Blumenthal, “ We’ve, Andy Stone, Sheryl Sandberg, Nick Clegg, Clegg, Zuckerberg’s, ”, “ Organizations: Meta, Facebook, Republican, Apple Locations: Connecticut, Tennessee

SAN DIEGO (AP) — Free-agent reliever Wandy Peralta and the San Diego Padres have agreed to a $16.5 million, four-year contract, a person with knowledge of the deal said Wednesday. The person spoke with The Associated Press on condition of anonymity because the deal was pending a physical exam and hadn’t been finalized. The 32-year-old left-hander spent the last three seasons with the New York Yankees. While they still have big holes elsewhere heading into spring training, the budget-minded Padres at least have a well-stocked bullpen. The Padres have only two outfielders on their active roster and need to firm up their rotation behind Yu Darvish, Joe Musgrove and Michael King.

Persons: Wandy Peralta, hadn’t, Woo, Suk, Yuki Matsui, Robert Suarez, Josh Hader, flopping, Yu Darvish, Joe Musgrove, Michael King, King, Juan Soto, Trent Grisham, ___ Organizations: DIEGO, San Diego Padres, Associated Press, New York Yankees, Padres, Houston, Yankees Locations: South Korea, Japan, Diego, New York

☆ Ukraine needs different weapons to blunt Russia's artillery fire advantages because HIMARS aren't enough anymore, war experts say
▼ + stars: | 2024-01-30 | by ( Jake Epstein | ) www.businessinsider.com time to read: +5 min

War experts say Kyiv will need more precision-guided munitions to blunt Moscow's advantage in artillery fire. Western officials continue to warn that giving Ukraine more weapons and ammo is the "path to peace." The experts said Moscow's rate of fire will be sustainable next year "in excess of that number." Notably, Ukraine can no longer rely on its US-provided High Mobility Artillery Rocket System (HIMARS) or Excalibur artillery shells to diminish Russia's firepower, the experts said. "Weapons to Ukraine," he said, "is the path to peace."

Persons: —, Michael Kofman, Dara Massicot, Rob Lee, Dmytro Smolienko, Lee, HIMARS, Serhii Mykhalchuk, Jens Stoltenberg, Antony Blinken Organizations: Service, Kyiv, Carnegie Endowment, International Peace, Foreign Policy Research Institute, American, Publishing, Getty, Artillery, NATO, EG, MGM, Tactical Missile Systems, Republican, Western Locations: Ukraine, Russia, Kyiv, Moscow, Donetsk Oblast, France

☆ NJ school officials were aware of a 'culture of violence' among students before Adriana Kuch committed suicide: lawsuit
▼ + stars: | 2024-01-29 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +4 min

That culture included "physical assaults and attacks by students of students," the lawsuit says. The teen's family says school district officials "knew or should have known" that attacks within their schools, specifically Central Regional High School, "were being recorded and posted to various social media sites by other students, contrary to School Board policy." AdvertisementThe lawsuit, which names the Central Board of Education, the Central Regional High School's principal and other school officials as defendants, alleges negligence and accuses them of failing to protect Kuch. "It is the defendants' job to provide a safe and secure environment for the students at Central Regional High School," Kuch family attorney William Krais said in a statement. "It's clear this school has a serious bullying problem that none of the school administrators care to admit or address.

Persons: —, Adriana Kuch, Kuch, William Krais, Krais, catastrophically, Adriana, Michelle CarneyRay, Yoder, CarneyRay, Michael Kuch Organizations: Service, New, Business, of, New Jersey's, Regional High School, Central Regional High School, Board, Central Board of Education, Central Regional, Regional School, Educational Locations: New Jersey, Superior, of New Jersey, New

☆ Yields will end the year lower than where they are now, says Piper Sandler's Michael Kantrowitz
▼ + stars: | 2024-01-29 | 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 EmailYields will end the year lower than where they are now, says Piper Sandler's Michael KantrowitzMichael Kantrowitz, chief investment strategist at Piper Sandler, joins 'Squawk on the Street' to discuss how the strategist is parsing through the earnings results thus far, if there are still hopes for a bond rally, and more.

Persons: Piper Sandler's Michael Kantrowitz Michael Kantrowitz, Piper Sandler

☆ A lower-cost way to get long this 'Magnificent 7' member trading at an all-time high
▼ + stars: | 2024-01-29 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

The five reporting this week — Microsoft, Apple, Alphabet, Amazon, and Meta — represent more than 23% of the index by market capitalization. But let's focus on Microsoft (MSFT) . Breaking down MSFT fundamentals Microsoft is one of the most important technology companies in the world. Over the past five years, Microsoft's price-to-earnings ratio has been as low as 25.8 and as high as 41. Some are anticipating organic sales growth of 15%, double the 7.5% average the company experienced over the past 4 quarters.

Persons: OpenAI, Sam Altman, Satya Nadella Organizations: Microsoft, Apple, Meta, Saudi Arabian Oil Company, Windows, Activision Blizzard

☆ 5 reasons to be unapologetically thrilled about this year’s Oscar nominations
▼ + stars: | 2024-01-28 | by ( Dan Heching | ) edition.cnn.com time to read: +8 min

CNN —The nominations for the 96th Academy Awards were revealed last week and – as they so often do – caused quite a stir. Co-written and directed by Triet, “Anatomy of a Fall” is nominated for five Oscars this year in total, including for best original screenplay and best picture. That gives Williams more Academy Award nominations than any other living person. According to the Academy, the late Walt Disney holds the overall record of career nominations, with a grand total of 59. Still, it seemed to be a role destined for Brooks, who received a Tony Award nomination in 2016 for playing the same character in the Broadway revival of the musical.

Persons: Barbie’s, Greta Gerwig, Margot Robbie, Ryan Gosling, there’s, we’re, Justine Triet, Palme, Sarah Meyssonnier, Triet, Sandra Hüller, Barbie ”, Colman Domingo, Bayard Rustin, Rustin, David Lee, Steven Spielberg’s “, ” Domingo, “ Rustin, ”, Domingo, – Ian McKellen, Jodie Foster, Bonnie Stoll, Anthony Allen Ramos, ” Ramos, ” Cord Jefferson, Cord Jefferson, Claire Folger, Jeffrey Wright, Cord Jefferson’s, Jefferson, he’s, Trayvon Martin, Mike Brown, ’ ”, Percival Everett, Wright, Sterling K, Brown, John Williams, Ray Dolby, Michael Kovac, “ Indiana Jones, ” Williams, Oscar, Williams, Walt Disney, Danielle Brooks, Eli Ade ´, ” Brooks, Oprah Winfrey, Spielberg, Alice Walker, Brooks, “, Corey Hawkins, Harpo Organizations: CNN, Cannes Film, Reuters, “, Netflix, Orion, Jefferson, Hollywood & Highland Center, Academy of Motion Picture Arts and Sciences, Academy, Warner Bros, Entertainment Inc, Broadway, Juilliard Locations: Cannes, France, German, Steven Spielberg’s “ Lincoln, “ Nyad, Hollywood, Sofia, New York City

☆ A slate of banks slashed CD yields. Here’s where you can still find a solid rate
▼ + stars: | 2024-01-26 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +2 min

Online banks, which have offered some of the richest annual percentage yields on savings products, are slashing the interest they pay. Though the 1-year Treasury bill is yielding about 4.78%, select institutions will offer upward of 5% to hold your cash in a 1-year CD. "We believe banks are repositioning their CD rates ahead of potential Fed rate cuts in 2024," said analyst Michael Kaye in a report on Friday. See below for a table of where online banks now stand on 1-year CD rates. Wells Fargo scanned the online banks under its coverage and found the average APY for a 1-year CD was 0.64% in March 2022.

Persons: Wells Fargo, Michael Kaye, Mark Haefele, Cash Organizations: Treasury, Federal Reserve, CME Group, Synchrony, UBS Locations: Wells

☆ Russia has the advantage, and Ukraine needs to dig in if it's going to fend off the enemy's war machine, conflict experts say
▼ + stars: | 2024-01-26 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

Russian maintains several advantages over Ukraine, including manpower and material, experts say. To keep Moscow's forces at bay, Kyiv will need to dig in and strengthen its defenses, they said. AdvertisementNearly two years into its full-scale invasion of Ukraine, Russia again has the initiative, and its advantages over Ukraine are mounting. They're struggling as the Russian war machine gains momentum. "Ideally," the experts explained, "Ukraine can absorb Russian offensives while minimizing casualties and position itself to retake the advantage over time."

Persons: —, Michael Kofman, Dara Massicot, Rob Lee, They're, Congress —, Biden, Elif, Dmytro Smolienko, Vladimir Putin, Pat Ryder, Kostiantyn, Lee, Massicot Organizations: Service, Carnegie Endowment, International Peace, Foreign Policy Research Institute, Russian, Roman, Getty, Kyiv, Congress, American, Publishing, Getty Images, Pentagon, Ukraine Locations: Ukraine, Kyiv, Russia, Moscow, Ukrainian, Donetsk Oblast, Washington, Anadolu, Russian, Avdiivka, Kreminna, Kofman

☆ Super Bowl LVIII logo: Social media is abuzz with theory believing logo predicts the two teams who will play in Las Vegas
▼ + stars: | 2024-01-26 | by ( Ben Morse | ) edition.cnn.com time to read: +6 min

CNN —There are 18 weeks of action and then three rounds of playoff games to decide which two teams will compete in the Super Bowl. Social media is abuzz with suggestions that the logo used to promote the Super Bowl each year includes the colors of the two teams who will play in the season’s showpiece finale. What is the Super Bowl logo theory? For this season’s Super Bowl – LVIII which will be played in Las Vegas, Nevada, on February 11 – the logo is purple and red. And with the Chiefs in the other conference, we could have a red vs. red matchup in Super Bowl LVIII.

Persons: it’s, Vince Lombardi, Christian McCaffrey, Lamar Jackson, Arian Foster, XT4HTsOGnq, Patrick Mahomes, Jalen Ramsey, Justin Fields, Ja’Marr Chase –, ”, Keegan, Michael Key, Daniel Elkan, Robert Barton –, Russell Hill, Brock Purdy, Henderson, ” Barton Organizations: CNN, Super, Social, NFL, Los Angeles Rams, Cincinnati Bengals, Philadelphia Eagles, Kansas City Chiefs, Las, Baltimore Ravens, San Francisco 49ers, Getty, Ravens, AFC, 49ers, Detroit Lions, NFC, CNN Sport, NBA, Green Bay Packers, Arizona Cardinals, Atlanta Falcons, Tampa Bay Buccaneers, Chiefs Locations: Las Vegas, Las Vegas , Nevada, Los Angeles, Phoenix , Arizona, Athens

☆ Gauging when Tesla may hit bottom and using options to trade it
▼ + stars: | 2024-01-25 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

I'll describe how options traders will bet the bottom is in and the levels they may find attractive to do so. Tesla's margins of nearly 11% are twice those of the 2 biggest U.S. automakers, but a bear will point out that Porsche margins are 13%. Even still, it's not clear that the legacy automakers can compete long term with Tesla or China's BYD. Apple, Amazon, Costco, Lululemon, Nike, Yeti and Tesla are, if the actual dollars spent are measured, high on this list. TSLA YTD mountain Tesla YTD Sometimes, whether it's a fast car, or a fast-moving stock, the best thing to do is wait.

Persons: Gene Munster, it's, Tesla, Tesla's, it's Ford Organizations: Deepwater Management, Ford, GM, Toyota, U.S, Apple, Costco, Lululemon, Nike, Holly Locations: …

☆ Where Can Gen Z Buy a Home?
▼ + stars: | 2024-01-25 | by ( Michael Kolomatsky | ) www.nytimes.com time to read: +1 min

If Gen Z can’t afford the rent, how are they ever going to buy a home? A recent study by Point2 examined housing markets in 100 of the largest U.S. cities, using earnings and employment data to find the places where Gen Z-ers have the best and worst chances of buying a home. Older Gen Z-ers, that is. The study found that Gen Z-ers are out of luck in most large cities. Richmond, Va., Newark, Boston and New York all were among the hardest areas for Gen Z-ers to own homes.

Persons: Z, Point2, Gen Organizations: Gen Locations: Fremont, Calif, California, Fresno, East Coast, Richmond, Va ., Newark, Boston, New York, Bronx

He said his strong finish Thursday doesn't give him much momentum because the final two rounds are on the South Course. Aaron Rei (70), Emiliano Grillo (69) and Joseph Bramlett (66) were all at 8 under after playing the South Course. First-round leader Kevin Yu fell off the pace after a 74 on the South Course. 6 Patrick Cantlay also had a rough day on the South Course with a 73. 7 in the world, shot a 70 on the North Course and was at 4 under.

Persons: — Stephan Jaeger, Nicolai Hojgaard, Jaeger, ”, “, it’s, ” Hojgaard, Thomas Detry, Matthieu Pavon of, Pavon, Detry, I’ve, Tony Finau, Michael Kim, Aaron Rei, Emiliano Grillo, Joseph Bramlett, Xander Schauffele, Kevin Yu, Patrick Cantlay, Max Homa, Hideki Matsuyama Organizations: DIEGO, Farmers Insurance, Torrey Pines, Torrey, NFL Locations: Germany, Denmark, Belgium, Matthieu Pavon of France, Torrey Pines, Dubai

☆ Cornell donor demands president step down, citing ‘toxic’ diversity policies
▼ + stars: | 2024-01-25 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —The growing battle between Ivy League institutions and frustrated alumni is now playing out at Cornell University. A prominent alumnus and longtime donor is calling for the immediate resignations of Cornell President Martha Pollack and Provost Michael Kotlikoff, arguing the university’s diversity policies have created a “toxic” environment. Jon Lindseth, an emeritus member of Cornell’s board of trustees, penned an open letter demanding university leaders clean house. Lindseth’s criticism of Cornell’s DEI policies are supported by the Cornell Free Speech Alliance, an alumni group founded in August 2021 pushing to reform the university. While the website for Cornell’s board of trustees does indicate meetings are scheduled, university officials say these are not emergency meetings.

Persons: Martha Pollack, Provost Michael Kotlikoff, Jon Lindseth, Lindseth, Cornell “, ” Lindseth, Bill Ackman, Claudine Gay, Pollack, ” Kraig Kayser, ”, “, ” Joel Malina, ” Cornell Organizations: New, New York CNN, Ivy League, Cornell University, Cornell, Harvard, Cornell Free Speech Alliance, Department of Education, Committee, University and Pennsylvania, Massachusetts Institute of Technology Locations: New York, America, Israel

☆ Opinion | The What-Ifs of Trump’s New Hampshire Win
▼ + stars: | 2024-01-24 | by ( Ross Douthat | ) www.nytimes.com time to read: +1 min

Like his victory in Iowa last week, Donald Trump’s defeat of Nikki Haley in New Hampshire was substantial enough to remove any real doubt about the outcome of the primary campaign yet also somewhat underwhelming as a statement of voter enthusiasm for a former president and de facto incumbent candidate. It proved that Trump is basically unbeatable in this timeline while hinting that it could have been otherwise, that we were only a few what-ifs away from a more competitive campaign. You can see some of those what-ifs hovering around an interesting Politico profile of a New Hampshire Republican voter who considered Haley, even donated to her, before returning to Trump when the primary arrived. When Kruse first meets him, Johnson says that Trump feels to him like a “rebel without a cause” and that he’s looking for a candidate who can help reunite the country — which draws him to Haley as her star rises in New Hampshire. Flash forward to the days just before the election, though, and Johnson has swung back to Trump, even though — or because — the former president is a “wrecking ball” who Johnson thinks will “break the system.”

Persons: Donald Trump’s, Nikki Haley, Trump, Haley, Michael Kruse, Ted Johnson, He’s, Obama, Kruse, Johnson, ” Organizations: New, New Hampshire Republican, Trump Locations: Iowa, New Hampshire, Bedford, N.H

NEW YORK (AP) — Comedian Jon Stewart is rewinding the clock, returning to “The Daily Show” as a weekly host and executive producing through the 2024 U.S. elections cycle. Comedy Central on Wednesday said Stewart will host the topical TV show, the perch he ruled for 16 years starting in 1999, every Monday starting Feb. 12. Two former correspondents in particular got massive boosts — Steve Carell and Stephen Colbert. '”The show's abrupt end was reportedly triggered due to clashes between Stewart and Apple over its coverage of stories around China and artificial intelligence. A spokesperson did not immediately respond to questions about who will host “The Daily Show” after the November election.

Persons: Jon Stewart, Stewart, “ Jon Stewart, ” Chris McCarthy, Jon, Craig Kilborn, Trevor Noah —, Noah, Desi Lydic, Michael Kosta, Ronny Chieng, Jordan Klepper, Stewart didn't, untethered, ”, “, I’m, ’ ”, John Oliver, Larry Wilmore, Olivia Munn, Samantha Bee, Roy Wood Jr, Aasif Mandvi, Kennedy, Mark Twain, Steve Carell, Stephen Colbert, Carell, Ron Burgundy, ” Colbert, ___ Mark Kennedy Organizations: Central, Showtime, MTV Entertainment Studios, Strike Force, Hollywood, Guardian, CBS, Apple, Los Angeles Times Locations: China

(AP) — A military veteran charged with attacking police officers with a baton during a mob's Jan. 6, 2021, attack on the U.S. Capitol was ordered released from custody on Tuesday, a day after his arrest. Assistant U.S. Attorney Lyman Thornton III said authorities found an AR-15 rifle and ammunition when they searched Richmond's Louisiana home this week. Political Cartoons View All 253 ImagesHowever, U.S. Magistrate Judge Erin Wilder-Doomes ordered Richmond's release from custody after a detention hearing attended by relatives, including his 16-year-old son. Richmond was arrested Monday in Baton Rouge on charges including civil disorder and assaulting, resisting or impeding police with a dangerous weapon. Richmond initially was charged with unpremeditated murder, which carries a maximum sentence of life in prison.

Persons: Edward Richmond Jr, Attorney Lyman Thornton III, Richmond, Thornton, ” Thornton, Erin Wilder, Doomes, Wilder, “, ”, John McLindon, Richmond hasn't, ” McLindon, Muhamad Husain Kadir, herder, Kadir, Michael Kunzelman Organizations: U.S . Capitol, U.S . Army, U.S, Attorney, Capitol, Army, Associated Press Locations: BATON ROUGE, La, Iraq, Louisiana, Richmond, Baton Rouge, Geismar , Louisiana, Taal Al Jai, Silver Spring , Maryland

“The defendant used fear, violence and intimidation to get what he wanted," Assistant U.S. Attorney William Akina said in his opening statement. “What he wanted was money, control and revenge.”Miske's attorney, Michael Kennedy, painted a completely different picture of his client. Miske even fumigated a Honolulu concert hall for free after the city couldn't afford the $200,000 estimate, Kennedy said. His attorneys argued that a new jury should be selected because Miske's half-brother John Stancil pleaded guilty after a jury had been assembled and sworn and Miske’s daughter-in-law Delia Fabro Miske pleaded guilty after four days of jury selection. Defense attorney Lynn Panagakos noted that Stancil pleaded guilty early Monday before the courthouse was even open to the public.

Persons: Michael Miske Jr, William Akina, ”, Michael Kennedy, Kennedy, Akina, Miske, Johnathan Fraser, Miske's, Caleb, Fraser, “, John Stancil, Delia Fabro Miske, Lynn Panagakos, Stancil, Derrick Watson Organizations: —, Miske, Shell, ʻIolani, Polynesian Cultural, U.S, District Locations: HONOLULU, U.S, Honolulu, Pest, Hawaii

☆ A simple, low-cost protection trade for those doubting this bull market
▼ + stars: | 2024-01-22 | by ( Michael Khouw | ) www.cnbc.com time to read: +9 min

For an agonizing month, the S & P 500 toyed with the prior all-time highs of January 2022 before finally breaking through to new all-time highs on Friday. Yet here we are, reviewing the biggest trading day of the year so far, and AMD was the best-performing stock in the S & P. Nvidia was 12th. What is true is that the S & P 500 rises over time. Market Cap weighted indices, such as the S & P 500 represent the largest and generally most successful publicly traded companies. Notice that a January 2025 SPDR S & P 500 Trust (SPY) $460 strike put costs just over $16 per contract.

Persons: bender, Stocks, SPDR Organizations: AMD, Nvidia, Healthcare, Centene Corp, United Health, Enphase Energy, SEC, Investors, Apple, Microsoft, U.S . Locations: China, U.S

☆ Wall Street is bullish on mortgage-backed securities for their juicy yields and attractive fundamentals
▼ + stars: | 2024-01-22 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

For investors looking for high-quality income with the potential for significant total return, agency mortgage-backed securities (MBS) may be the answer. Fitting MBS into your portfolio In fact, Atluri believes agency MBS are more attractive than investment-grade corporate right now. In addition, agency mortgage-backed securities also trade defensively if the economic outlook were to worsen, he added. About 25% of core bond fund holdings are in mortgage-backed securities, according to Morningstar. "Mortgage-backed securities didn't do as well [as investment grade] last year," said Wei Li, BlackRock's global chief investment strategist.

Persons: Fannie Mae, Freddie Mac, Ginnie Mae, Jason Smith, Neuberger Berman, Smith, Michael Kessler, Kessler, Pramod, Atluri, Morningstar, Wei Li, Albion's Kessler Organizations: Agency MBS, U.S ., MBS, Mortgage News, Albion Financial Group, Federal Reserve, Capital Group, Fund of America, BlackRock

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