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☆ In Chloé Show, an Unseen Legacy With Quiet Jewish Roots
▼ + stars: | 2023-10-20 | by ( Vanessa Friedman | Max Lakin | ) www.nytimes.com time to read: +2 min

The exhibition seeks to foreground Aghion at the brand, repositioning Chloé as a historically important fashion name and giving the museum a pop culture edge. Do you think this is a teachable moment about cultural preconceptions, an effort by the museum to reach a new audience, or both? The Jewish Museum has mounted art-historically important exhibitions, though as you say, infrequently about fashion (their first was a buoyant Isaac Mizrahi survey in 2016). It’s rare for one show to focus on a single ready-to-wear brand such as Chloé. Yet that’s what the Jewish Museum is doing, and it suggests that brand has something very important to say.

Persons: Vanessa Friedman, Max Lakin, VANESSA FRIEDMAN Fashion, Isaac Mizrahi, Aghion, — sidelong, “ Ralph Lauren ”, Ralph Lifshitz, FRIEDMAN, Gaby Aghion Organizations: The New York Times, Met, Brooklyn Museum, Fashion Institute of Technology, Jewish Locations: New York, Jewish

☆ Why Fed officials aren’t addressing the Israel-Hamas war the way they did with Ukraine
▼ + stars: | 2023-10-17 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

Emma Jones, a spokesperson for the Fed, declined to comment on why many Fed officials, who in the past moved swiftly to acknowledge the war in Ukraine, weren’t addressing the war in Israel. There are some Fed officials who are starting to talk about it, though — albeit only when asked questions. Fed officials see little immediate threat to the US economyAtlanta Fed President Raphael Bostic was the first to speak about the war, at the American Bankers Association’s annual conference last Tuesday. That’s probably why more Fed officials were quicker to acknowledge the war in Ukraine, Dorn said. “I don’t think the Fed wants to look like they’re taking sides,” Dorn added — but said Fed officials could easily talk about it without looking partial.

Persons: Chris Waller, ” Waller, Michael Barr, Philip Jefferson, Michelle Bowman, Lorie Logan, Emma Jones, James Dorn, “, ”, Raphael Bostic, Bostic, Neel Kashkari didn’t, aren't, they're, Al Drago, Susan Collins, ” Collins, Patrick Harker, we’ve, Harker, JPMorgan Chase, Jamie Dimon, ” Dorn, Dorn, There’s, Gregory Daco, Daco Organizations: New, New York CNN, Federal Reserve, ”, Dallas Fed, Fed, Cato Institute, CNN, Atlanta Fed, American Bankers, Minot State University, Minneapolis, Federal, Bloomberg, Getty, ” Boston, Wellesley College, Philadelphia Fed, Delaware State Chamber of Commerce, JPMorgan, Rystad Energy Locations: New York, Ukraine, Russia, Israel, Waller’s, North Dakota, Delaware, Iran, Lebanon, Syria, United States, That’s, Gaza, Hormuz, EY

☆ Deutsche Bank examined economic data going all the way back to the 1700s and narrowed down the 4 criteria that indicate a recession is coming — and the US economy just triggered the final warning sign
▼ + stars: | 2023-09-24 | by ( Mark Reeth | ) www.businessinsider.com time to read: +8 min

And while 12 months of speculation can seem like a lifetime for investors who just want an answer, it's really only a small moment in economic history. Reid and his team spotted plenty of patterns in all that data, including the common warning signs of a recession. For example, scholars and economists have been tracking recession data in the UK since 1700, while Italy only began tracking recessions in 1980. Reid wrote that black swan events such as geopolitical shocks, natural disasters, and global pandemics happen more often than people think. "And that's before we get on to more traditional causes of recessions, like monetary tightening or speculative bubbles," Reid wrote.

Persons: it's, Jim Reid, Reid, would've, Deutsche Bank Reid Organizations: Deutsche Bank Locations: Canada, France, Germany, Italy, Japan

☆ China's sliding yuan could be next 'black swan event' for markets, hedge fund EDL says
▼ + stars: | 2023-08-17 | by ( Nell Mackenzie | ) www.reuters.com time to read: +2 min

Coins and banknotes of China's yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration/File Photo Acquire Licensing RightsLONDON, Aug 17 (Reuters - Hedge fund EDL Capital is betting on further falls for China's offshore currency and says the yuan's slide could be the next "black swan event" to rattle world markets, according to an investor presentation this month seen by Reuters. The U.S. dollar has strengthened roughly 6% against the offshore yuan so far this year and Chinese state banks have been seen selling dollars this week to stem the yuan fall. The hedge fund held a short position in the offshore yuan , the Aug. 2 presentation shows. The hedge fund, run by star manager Edouard de Langlade, was up about 8% this year, said the presentation.

Persons: Florence Lo, Edouard de Langlade, Nell Mackenzie, Dhara Ranasinghe, Mark Potter Organizations: REUTERS, Capital, Reuters, The U.S, Thomson Locations: China, Vietnam, India, United States, Switzerland

REUTERS/Thomas Peter/Files Acquire Licensing RightsLONDON, Aug 16 (Reuters) - China's top energy official has called for more secrecy in the country’s energy sector to protect national security in an increasingly hostile international environment. U.S. officials are keen to play down analogies between the intensifying strategic rivalry between China and the United States and the Cold War between the United States and the Soviet Union. The result is likely to be a more suspicious and cautious approach to cooperation on energy issues including emissions reductions. He warned about the increasing information security risks posed by smart phones, social media and hacking. Zhang called for “sober awareness” of these challenges and correct handling of the relationship between energy supply and energy security.

Persons: Thomas Peter, ” Zhang Jianhua, Zhang, Xi Jinping, John Kemp, Tomasz Janowski Organizations: REUTERS, National Energy Administration, Energy, Thomson, Reuters Locations: Wu'an, Hebei province, China, United States, Soviet Union, Ukraine

☆ Jokeeta and Donte Marzett make tens of thousands of dollars on every home they flip. They share how they finance their home purchases and remodels — and how to mitigate risks associated with flipping.
▼ + stars: | 2023-08-04 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

The Marzetts' financing strategyAfter their first flipping experience, the Marzetts decided to continue down the path of house flipping. Hard money lenders are a good option for some because they're easier to obtain a loan from than a bank. One example of how the Marzetts have used a hard money lender is in a house they're currently flipping in Texas. For the remaining cost of the house (around $220,000), they borrowed from the hard money lender, plus another $75,000 for renovation costs. That means they can expect to profit between $80,000-$110,000, depending on final renovation costs.

Persons: Donte Marzett, they've, Donte, They've, Skylar Olsen, Olsen Locations: Texas, Backflip

Silicon Valley is bracing for what it fears will be an "extinction event" threatening the survival of hundreds of startups. Tom Loverro, a investor at 40-year-old Bay Area venture capital firm IVP, has been loudly warning for months on Twitter and in media interviews about a coming "mass extinction event" for startups. The total volume of venture capital investment into US startups has slumped for six consecutive quarters, according to data firm Pitchbook. Even a last-ditch slashing of the startup's prospective valuation — a "down-round," in Silicon Valley parlance — didn't whet investors' appetites. Over the past year, many startups that rely on Silicon Valley funding have been steeling themselves for the slowdown to avoid similar fates.

Persons: —, they're, Jennifer Neundorfer, That's, Tom Loverro, Loverro, Consuelo Vanderbilt, Vanderbilt, Cameron Lester, I've, Lester, Linda Ahrens, Ahrens, Unown, " Ahrens, Anna Dittrich, Plastiq, Vincent Harrison, Elad Gil, Steve Brotman, Brotman, Will Hawthorne, VC's, Mike Ryan, Pitchbook's Harrison, Sell, Hawthorne Organizations: Ventures, Sequoia Capital, —, Venture, Twitter, United States Federal Reserve, Jefferies, January Ventures, Alpha Partners, Avid Capital, Sugar, Menlo, BulletPoint Network Locations: Silicon, Sequoia, IVP, Valley, Instacart, Navan, Boston, Snowflake, America

☆ 10 Things in Tech: Airbnb's Montana smackdown, Microsoft whining, Salesforce worrying, and Reddit rage
▼ + stars: | 2023-06-26 | by ( Alistair Barr | ) www.businessinsider.com time to read: +5 min

I'm Insider's global tech editor Alistair Barr, and I've been missing people a lot lately. Airbnb Montana smackdown: Life in the town of Bozeman is harder thanks to short-term rentals. That sparked a boom in Airbnb and Vrbo properties in the town, causing rents and property prices to surge. They are concerned about retaining talented colleagues, their future at Salesforce, and how leadership decisions adhere to the company's core values. Submit your nomination for Insider's 5th annual list recognizing first-time and newly named top marketers at consumer brands.

Persons: Alistair Barr, I've, I'd, we're, let's, Brian Chesky Mike Segar, Airbnb Montana, Dan Latu, Justin Sullivan, Read, Nassim Taleb, SoftBank, it's, that's, Bowties, India Narendra Modi, Mark Zuckerberg, Elon Musk, Kevin Dietsch, Dana White, Lisa Ryan, Jack Sommers Organizations: Bozeman Tenants United, Getty, Microsoft, Silicon Valley titans, White House, UFC, Insider's Locations: Bozeman, Airbnb, Seattle, Washington, Salesforce, Silicon, India, China, Silicon Valley, New York, London

☆ 'Black Swan' author Nassim Taleb warned about the stock market's brewing AI bubble in a new interview. Here are the 8 best quotes.
▼ + stars: | 2023-06-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

"Black Swan" author Nassim Taleb is once again warning investors about potential risks in the stock market. Taleb warned about a bubble brewing in AI stocks and the lingering impact of high interest rates. From calling crypto a "tumor" to warnings about a brewing bubble in artificial intelligence stocks, Taleb had a lot to say about markets. It did exactly the opposite of its mission as an inflation hedge because it collapsed... it's not an inflation hedge... it's not good for real money laundering because it's very traceable. AI bubble"Because you don't know which one is the one that's going to win.

Persons: Nassim Taleb, Taleb, —, It's, it's, Osborne Organizations: CNBC, Service, Universa Investments Locations: Osborne

☆ 'The Black Swan' author Nassim Nicholas Taleb on crypto: A cult coupled with a financial instrument
▼ + stars: | 2023-06-22 | 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 Email'The Black Swan' author Nassim Nicholas Taleb on crypto: A cult coupled with a financial instrumentNassim Nicholas Taleb, Universa Investments scientific advisor and author of ‘The Black Swan’, joins 'Squawk Box' to discuss the markets and economy, why a bubble is looming, the state of cryptocurrency, and more.

Persons: Swan, Nassim Nicholas Taleb, Nicholas Taleb, ‘ Locations: cryptocurrency

☆ 'The Black Swan' author Nassim Nicholas Taleb on looming crisis: The risk is in front of us
▼ + stars: | 2023-06-22 | 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 Email'The Black Swan' author Nassim Nicholas Taleb on looming crisis: The risk is in front of usNassim Nicholas Taleb, Universa Investments scientific advisor and author of ‘The Black Swan’, joins 'Squawk Box' to discuss the markets and economy, why a bubble is looming, the state of cryptocurrency, and more.

Persons: Swan, Nassim Nicholas Taleb, ‘ Locations: cryptocurrency

☆ Watch CNBC's full interview with 'The Black Swan' author Nassim Nicholas Taleb
▼ + stars: | 2023-06-22 | 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 EmailWatch CNBC's full interview with 'The Black Swan' author Nassim Nicholas TalebNassim Nicholas Taleb, Universa Investments scientific advisor and author of ‘The Black Swan’, joins 'Squawk Box' to discuss the markets and economy, why a bubble is looming, the state of cryptocurrency, and more.

Persons: Swan, Nassim Nicholas Taleb Nassim Nicholas Taleb, ‘ Locations: cryptocurrency

☆ 'Chaos Kings': How Wall Street traders made billions on catastrophes
▼ + stars: | 2023-06-15 | 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 Email'Chaos Kings': How Wall Street traders made billions on catastrophesScott Patterson, ‘Chaos King’ author, and 'Black Swan' author Nassim Nicholas Taleb break down how Wall Street traders made billions by making big bets around major catastrophes.

Persons: Scott Patterson, ‘, Swan, Nassim Nicholas Taleb

☆ Goldman Sachs managing director on Portfolio Construction in Difficult Times
▼ + stars: | 2023-06-15 | 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 EmailGoldman Sachs managing director on Portfolio Construction in Difficult TimesBuilding durable portfolios to withstand market volatility, and the occasional unforeseen Black Swan event, can be tricky. The standard 60/40 model can provide some semblance of stability, but it cannot always help investors seize gains when conditions are ripe, or prevent losses when things go sideways. We'll look at how investors can make the most of the good times and the bad, by building portfolios that can capitalize on opportunity while minimizing risk.

Persons: Goldman Sachs

☆ ‘The Idol’ Season 1, Episode 2 Recap: A Human Moment
▼ + stars: | 2023-06-12 | by ( Esther Zuckerman | ) www.nytimes.com time to read: +1 min

Season 1, Episode 2: ‘Double Fantasy’One way Hollywood likes to show a woman in crisis is via her battered feet. It’s a hallmark of ballerina media, like “Black Swan.” Bloodied toes are an example of a performer pushing herself to the brink. Episode 2 of “The Idol” offers up one of these moments. None of the takes are good enough, and everyone is growing more and more frustrated with her perfectionism. She pushes through and finally does a take she’s pleased with, but the camera was out of focus.

Persons: Idol ”, Jocelyn, ” It’s, It’s, she’s, Jocelyn herself Organizations: Idol

☆ A real-estate investor who spent a year talking to former landlords who lost money and had to sell their properties says their one major mistake was refusing to raise rent. He shares the strategy he u
▼ + stars: | 2023-06-07 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

McNeeley's 'binder strategy' allows him to increase rent, while still maintaining happy tenants. 'The binder strategy': asking tenants to increase their own rentMcNeeley's "binder strategy" involves sitting down with his tenants, explaining what the average rent prices in the area are, and ultimately asking them to set a fair price. The first page of the binder features a picture of the property they're renting and the amount McNeeley paid for it. "The tenants asked for more than a $300 increase because it's still below the area average and they're still getting a deal," McNeeley said. Typically, McNeeley employs the binder strategy when he acquires a new property and then does a 5% rent increase every other year.

Persons: Dion McNeeley, McNeeley, that's, he'll, they're, It's, He's, he's, handymen, they'd, I've Organizations: McNeeley Locations: Tacoma , Washington, Washington, McNeeley's

☆ 10 Things in Tech: Renting properties to sublet them, the world’s largest polymer 3D printer, and a bare-bones Tesla Cybertruck interior
▼ + stars: | 2023-05-29 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

I'm Diamond Naga Siu, and I'm excited that the French Open main draw is in full swing today. ChatGPT helped these people earn more money and become better at their jobs. Insider profiled four of them about how it has made their jobs easier: a recruiter, broker, entrepreneur, and chief marketing officer. My colleague Jack Sommers gathered their profiles and highlighted how these workers turbocharged their jobs with technology. Email dsiu@insider.com or tweet @diamondnagasiu) Edited by Alistair Barr (tweet @alistairmbarr) in San Francisco and Hallam Bullock (tweet @hallam_bullock) in London.

☆ Julianne Moore, Natalie Portman anchor Cannes competitor 'May December'
▼ + stars: | 2023-05-20 | by ( ) www.reuters.com time to read: +1 min

[1/5] The 76th Cannes Film Festival - Screening of the film "May December" in competition - Red Carpet Arrivals - Cannes, France, May 20, 2023. Director Todd Haynes, cast members Julianne Moore,... Read moreCANNES, May 20 (Reuters) - Natalie Portman and Julianne Moore anchor director Todd Haynes' attempt at a fourth Palme d'Or in the drama "May December," which premiered at the Cannes Film Festival on Saturday night. Her life begins to unravel when Portman, a Hollywood actor, shows up to prepare for a role as Moore's character. Both Moore and Portman have won Oscars for best actress, 2015's "Still Alice" and 2011's "Black Swan," respectively. "May December," which was shot in just 23 days, is Moore's fourth time working with Haynes.

Two crypto platforms, Voyager and Bittrex, have recently declared bankruptcy, and investors no longer have access to their crypto. To keep your crypto safe with other platforms, consider "cold storage," which refers to keeping your crypto offline. The Voyager and Bittrex bankruptcies are part of a prolonged "crypto winter" along with other crypto company bankruptcies of the past year, including FTX, Celsius, and more. Globally, countries are evaluating Central Bank Digital Currencies, the development of which you can track via the Atlantic Council's website. Regardless of the crypto winter and continuing cascade of crypto platform bankruptcies, digital currencies aren't going anywhere anytime soon.

☆ With eye on Ukraine, top Chinese general calls for unconventional warfare capabilities
▼ + stars: | 2023-05-16 | by ( ) www.reuters.com time to read: +2 min

BEIJING, May 16 (Reuters) - Drawing lessons from the Ukraine crisis, a top Chinese general urged greater integration of novel capabilities, including artificial intelligence, with conventional warfare tactics ahead of any confrontation with the West. A new genre of hybrid warfare has emerged from the Ukraine conflict, with the intertwining of "political warfare, financial warfare, technological warfare, cyber warfare, and cognitive warfare," General Wang Haijiang, commander of the People's Liberation Army's (PLA) Western Theatre Command, wrote in a front-page article in an official newspaper on Monday. The scale and sweep of Chinese military preparations are closely watched not just by the West, but also by China's neighbours and democratically governed Taiwan, which China claims as its own. "At present and in the future, local conflicts and turmoil are frequent, global problems are intensifying, and the world has entered a new period of turmoil and change," Wang wrote in Study Times. The ability to win is needed to maintain national security, Wang wrote.

☆ Quiet quitting hits the housing market: Tight inventory and still-high mortgage rates keep would-be buyers sidelined
▼ + stars: | 2023-05-09 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Today we're talking housing — but before we get to that, the big thing to watch today is President Joe Biden's meeting with congressional leaders. Joe Raedle/Getty ImagesThe housing market seems to be taking a page from the labor market's playbook right now. Daryl Fairweather, Redfin's chief economist took to Twitter last week to describe the sluggish sector:"Homeowners are quiet quitting the housing market." In effect, more and more homeowners are choosing to stay put with their low mortgage rates locked in, rather than trying to finance a new home at rates that are hovering around 20-year highs. That's due mostly to high rates causing homes to sit on the market longer than usual, which leads to accumulating inventory.

☆ 4 of the world's elite investors agree on the biggest risks that will cause the next recession. Here's how they're each protecting clients with over half a trillion in combined assets.
▼ + stars: | 2023-05-05 | by ( William Edwards | Akin Oyedele | ) www.businessinsider.com time to read: +6 min

Below, we've their quotes on the subjects, along with how they said they're protecting their clients' money. I think it is a good chance, more than a little bit, that there will be a conflict, an invasion of Taiwan. Where to invest now: Roeper said he's bullish on aerospace companies because they're having a "pretty solid recovery" right now. The Vanguard Total Bond Market ETF (BND) offers exposure to different areas of the bond market. Where to invest now: Blake said he likes hybrid bonds, investment-grade bonds over a six-12 month duration, and private credit.

☆ Debt crisis is a scary white swan for US economy
▼ + stars: | 2023-04-25 | by ( Ben Winck | ) www.reuters.com time to read: +8 min

If Democrats and Republicans can’t agree to lift the government’s borrowing limit, the country could suffer an unprecedented and catastrophic default on its debt. The standoff over the debt ceiling is a white swan, or an entirely predictable, very frequent event that has the potential to be as catastrophic as its darker sibling. That is why, in all past scuffles over government borrowing, Congress ended up raising or suspending the debt ceiling. Uncertainty over the timing of the agreement led to the most volatile week for financial markets since the 2008 financial crisis. Failure to lift the debt ceiling soon can spark a vicious cycle of market anxiety, rising borrowing costs and bank stress.

☆ Markets are facing a black swan event with 'nowhere to hide' as the latest rally has fueled a bubble that could burst at any time, veteran technical analyst says
▼ + stars: | 2023-04-20 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Markets are facing a black swan event, according to veteran strategist Jeff Bierman. Bierman pointed to a positive correlation between 5 assets, which is a sign the market is overbought. "This is a witch's brew for the pain trade to the downside," Bierman said in a note on Thursday. This is a black swan event. "Prepare for a bout of volatility," Bierman said of stocks this earnings season.

☆ A real-estate investor who's built a 311-unit portfolio over the last 26 years lays out how new investors can scale up and maximize cash flow in today's market as strategies like home-flipping and BRR
▼ + stars: | 2023-04-16 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

A much better strategy to scale up in today's market is house hacking, Curry said. When Anne Curry started to build her 311-unit portfolio in the late 1990s, she turned to hard money lenders. Curry also said it offers investors to maximize cash flow and the chance to scale up. "Buy something that your mortgage payment is such where you could rent it out for that much, or maybe a little more," she said. The total mortgage payment for the property is about $3,000 per month she said, and he's able to charge $1,800 for the one unit and $900 for the bedroom.

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