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☆ Watch the Leonids Meteor Shower Reach Its Peak This Weekend
▼ + stars: | 2023-11-17 | by ( Adam Mann | ) www.nytimes.com time to read: +1 min

But on special dates scattered throughout the year, skywatchers can catch a multitude of flares as meteor showers burst in the darkness. The next event is the Leonids, which lasts until Dec. 2 but reaches its peak tonight, on Friday, Nov. 17, into the morning of Saturday, Nov. 18. Meteor showers occur when our planet runs into the debris fields left behind by icy comets or rocky asteroids going around the sun. The regularity of orbital mechanics means that any given meteor shower happens at roughly the same time each year, with the changing phases of the bright moon being the main variable affecting their visibility. This year’s show should be a more placid 15 meteors per hour or so, as the Earth hits debris fields released from its parent body, comet 55P/Tempel-Tuttle.

Persons: Tuttle

☆ National Geographic announces 2024 ‘cool list’
▼ + stars: | 2023-11-06 | by ( Lilit Marcus | ) edition.cnn.com time to read: +3 min

City breaksFor great food, museums and nightlife, head to some of the cities featured on National Geographic’s list. States of beingIn several cases, National Geographic highlighted entire states. National Geographic advises not only visiting New York City – the Empire State is also home to some natural beauty at Lake Placid and Niagara Falls. Meanwhile, National Geographic also lauded the northern Indian state of Sikkim, which is nestled in the Himalayas near the country’s borders with Bhutan and Nepal. Natural wondersThe National Geographic list is heavy on beautiful natural destinations.

Persons: •, Italy •, Germany •, Chile •, Argentina • Organizations: CNN, UNESCO, National Geographic, New, Geographic, Northern Ireland • Emilia, Scotland •, Finland •, Peru •, Peru • New York State, Argentina • Akagera Locations: Europe, Albania, China, Lima, Peru, Tainan, Taiwan’s, Texas, New York, New York City, Lake Placid, Niagara Falls, , Texas, Victoria, Australian, Melbourne, Sikkim, Bhutan, Nepal, Nova Scotia, Canada, Chile, Dominica, Madagascar, Scotland, Galloway and Southern Ayrshire, Albanian, Belfast, Northern Ireland, Romagna, Italy, • Galloway, Southern Ayrshire, Scotland • Nordland, Norway, North Yorkshire, England, Italy • Saimaa, Finland, Finland • Tartu, Estonia, Germany, Germany • Valletta, Malta, Wales, Ireland, Atacama, Chile • Lima, Peru • New York, Miami, Florida, Dominica • Nova Scotia, Yucatan, Mexico, Wetlands, Argentina, Rwanda, Madagascar • Sierra Leone, India, Taiwan, Australia

The official said that Mr. Card was later evaluated at a mental health facility. Mr. Card was in his hometown, Bowdoin, to hunt deer as recently as last fall, a neighbor of his family said. Robert has a brother who had also been in the military and a younger sister, Mr. Goddard said. At the address for the Card family home, no one answered the door on Thursday, and there was only one car parked out front. “We’re on edge right now because we know this is his stomping area,” Mr. Goddard said.

Persons: Robert R, ” Col, William G, Ross, Card, Camp Smith, Bryce Dubee, Dubee, Bowdoin, Rick Goddard, Robert, Goddard, Card’s, Mr Organizations: Maine State Police, Pentagon, Army Reserve, 3rd Battalion, 304th Infantry Regiment, Army, Police, National Guard, West, Subaru, Bowdoin, Mr Locations: Maine, Lewiston, U.S, Saco , Maine, West, Card’s, Lisbon

Image Robert Card. Mr. Card was last known to be driving a white Subaru Outback with a black bumper, officials said. The neighbor, Rick Goddard, 44, said he had known the Card family most of his life, because Mr. Goddard lives less than a mile down the road from the Card family house. At the address for the Card family home, no one answered the door on Thursday, and there was only one car parked out front. “We’re on edge right now because we know this is his stomping area,” Mr. Goddard said.

Persons: Robert R, Robert Card, ” Col, William G, Ross, Robert Russell Card II, Card, Bowdoin, Rick Goddard, Goddard, Robert, Card’s, Mr Organizations: . Lewiston, . Lewiston Maine Police Department, Associated Press, Maine State Police, Pentagon, Army Reserve, Subaru, Bowdoin, Mr Locations: Maine, Lewiston ., ., . Lewiston Maine, U.S, Lisbon, Lewiston

☆ Batters give S Africa belief, but bowlers need to back them up
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +2 min

Aiden Markram’s 49-ball hundred was the fastest at a World Cups as they put Sri Lanka to the sword on a placid wicket in Delhi. South Africa will challenge any bowling attack, but whether they have the armoury with the ball to match that will decide their fate in this tournament. At one stage Sri Lanka were on course to overhaul their total, before South Africa won by 102 runs. Jansen took two wickets against Sri Lanka, but also went for 92 in his 10 overs. South Africa also have wrist-spinner Tabraiz Shamsi in their squad.

Persons: Arun Jaitley, Aiden Markram, Anushree, Aiden Markram’s, Quinton de Kock, Heinrich Klaasen, David Miller, Rassie van, Markram, Keshav Maharaj, seamers Marco Jansen, Gerald Coetzee, Jansen, Bavuma, Tabraiz Shamsi, Nick Said, Toby Chopra Organizations: Cricket, ICC Cricket, Arun, Sri, Australia, South Africa, Thomson Locations: South Africa, Sri Lanka, New Delhi, India, Delhi, Markram, Africa, Kagiso

The famous line etched Al Michaels, the commentator for the historic moment, into sporting folklore. Over an extensive broadcasting career, Michaels became of one of the premiere voices in US sports, covering 11 Super Bowls, eight World Series, three Stanley Cup Finals, two NBA Finals and nine Olympics. He spent 20 years fronting ABC’s Monday Night Football broadcast, becoming known for his partnership with Hall of Fame coach and broadcaster John Madden. Subsequently, Michaels has become the lead commentator for Amazon’s coverage of Thursday Night Football to remain the voice of many big-time NFL highlights. I feel very lucky.”Michaels is seen on the sidelines before a Thursday Night Football game between the Seattle Seahawks and the San Francisco 49ers on December 15, 2022.

Persons: Soviet Union –, Al Michaels, “, ” Michaels, Michaels, CNN’s Chris Wallace, I’m, Steve Fenn, ’ ” Michael, Vin Scully, Hall, John Madden, “ John, Madden, John, Cris Collinsworth, he’s, Jerry Rice, Michael Jordan, Kobe Bryant, Wayne Gretzky – Michaels, there’s, I’ve, ”, “ Somebody, ’ I’ve, Marcio Jose Sanchez, He’s, ‘, –, Chris Wallace, Max Organizations: CNN, Soviet, NBA, Ebbets, Major League Baseball, Brooklyn Dodgers, Sweden, ABC, Getty, Ebbets Field, ”, Arizona State University, Los Angeles Lakers, Hawaii Islanders, Chicago White Sox, Cincinnati Reds, Football, Hall of Fame, Sunday, Cincinnati Bengals, NFL, NBC, Seattle Seahawks, San Francisco 49ers, Fame Locations: Soviet Union, Brooklyn, Lake Placid, Los Angeles

UNITED NATIONS (AP) — Inside, with speeches and machinations and carefully deployed elbows, those who administer the world persist in their search for the elusive path to peace. “Bring lasting peace,” said Pravind Jugnauth, prime minister of Mauritius. Malaysian Prime Minister Anwar Ibrahim spoke of “the imperative to make peace." In July, visiting Indian Prime Minister Narendra Modi used the North Lawn, adjacent to the wooded area, to perform yoga poses as part of his visit. But for one tranquil moment, for one brief respite from the world's most high-stakes conversations, that's more than sufficient.

Persons: ”, Said, Pravind Jugnauth, Anwar Ibrahim, Pendarovski, Siaosi Sovaleni, “, Narendra Modi, Ukraine —, It's, Ted Anthony, General Assembly's Organizations: UNITED NATIONS, United Nations, Hall, New, Malaysian, Indian, —, Associated Press Locations: Manhattan, New York City, Queens, United, Mauritius, North Macedonia, Tonga, India, Pakistan, Armenia, Azerbaijan, Russia, Ukraine, East

UNITED NATIONS (AP) — It's almost the end of the U.N. General Assembly high-level meeting that brings world leaders together at U.N. headquarters in New York. Here are the highlights of what happened Saturday at the United Nations and what to keep an eye on Tuesday, the last day (Monday's off for Yom Kippur). — As Venezuela's foreign minister spoke at the United Nations, The Associated Press visited the hotel just blocks away that's become a center for asylum-seekers from the country. At the United Nations, African leaders have been clear that they want a seat at the global table, especially considering the continent's ascendance. ___For more coverage of this year's U.N. General Assembly, visit https://apnews.com/hub/united-nations-general-assembly

Persons: — It's, Sergey Lavrov, QUOTABLE, don’t, ”, Grace Agbu Organizations: UNITED NATIONS, General Assembly, United Nations, UN GENERAL ASSEMBLY, United, United Arab Emirates, Associated Press, UN GENERAL, Morocco —, General, Hall, —, AP Locations: U.N, New York, Yom Kippur, Ukraine, United States, Armenia, Azerbaijan, Nagorno, Karabakh, Iran, United Arab, India, Syria, North Korea, Canada, Morocco, Morocco — Canada, Canadian, — Morocco, Pakistan, Kashmir, Nigerian

☆ Olympic medalist sues US bobsled team doctor for sexual abuse
▼ + stars: | 2023-09-21 | by ( Frank Pingue | ) www.reuters.com time to read: +3 min

[1/2] U.S. Winter Olympic bobsledder Aja Evans poses for photos wearing Polo Ralph Lauren items designed for U.S. Winter Olympic Team at the company's store in New York City, New York, U.S., January 20, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsSept 21 (Reuters) - Aja Evans, a 2014 Olympic bobsled bronze medalist, has filed a lawsuit alleging that a doctor who worked on Team USA's medical staff subjected her to nearly a decade of sexual abuse and harassment during treatment. The USOPC said it had not reviewed the complaint, but "remains committed to ensuring the safety and wellbeing of Team USA athletes," including by eliminating abuse. USA Bobsled did not immediately respond to a request for comment. "Rather than being protected, believed, and taken seriously, Ms. Evans was subjected to investigation and degradation by the USOPC and USA Bobsled governing bodies," the lawsuit said.

Persons: Aja Evans, Polo Ralph Lauren, Brendan McDermid, Jonathan Wilhelm, Evans, Larry Nassar, Ryan Stevens, Wilhelm, Nassar, USA Bobsled, Ms, bobsled, Frank Pingue, Bill Berkrot Organizations: Winter, U.S, REUTERS, USA's, United States Olympic, Paralympic, Federation, USA Gymnastics, Team USA, videotaping, USA, Thomson Locations: New York City , New York, U.S, New York, USA, Lake Placid , New York, Sochi, Toronto

☆ Multiple crises batter Washington and set up a fateful 2024 election
▼ + stars: | 2023-09-18 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

The octogenarian president is increasingly coming under scrutiny over his ability to serve a full second term if he wins in November 2024. But the trauma seizing Washington will soon intrude, transfixing the nation in a tumultuous 2024 election. The turmoil in the Republican Party is creating the kind of dysfunction and extremism that could turn off general election voters next year. In more placid times, the auto strike would be a dominant national issue defining a fraught political moment. But it’s just one of many crises threatening to overwhelm a political system that appears on the verge of a serious malfunction.

Persons: Donald Trump, Joe Biden’s, – Trump, Biden, Hunter’s, Kevin McCarthy, It’s, Washington’s, Volodymyr Zelensky, Trump, Zelensky, Vladimir Putin “, – Biden, tailgated, ”, McCarthy, Matt Gaetz, “, Kevin, ” Gaetz, demagogue, Jack Smith, Tanya Chutkan, David Weiss, Hunter Biden, Trump’s, Hunter, –, David Ignatius, Kamala Harris, it’s Organizations: CNN, Republicans, White, Republican, Trump Republicans, Senate, GOP, Hollywood, Press, NBC, Caucus, Florida GOP, Sunday, Fox News . House Republicans, Republican Party, Trump, United Auto Workers, Big Three, Biden Locations: American, China, Ukraine, Washington, Russian, Rosh

☆ The first Bob Ross work from ‘The Joy of Painting’ is on sale
▼ + stars: | 2023-09-14 | by ( Aj Willingham | ) edition.cnn.com time to read: +2 min

CNN —It’s hard to quantify the value of painter and all-around cultural icon Bob Ross, but $9.85 million is a good start. The very first on-air painting from the very first episode of Ross’ beloved series “The Joy of Painting” is looking for a new owner after being kept safe for decades by one of the show’s early volunteers. It has been verified as authentic by Bob Ross Inc.A close-up of the work shows Ross' iconic signature. Modern ArtifactModern Artifact owner Ryan Nelson said Ross’ work has seen increasing demand over the years. “The driving force behind the increased demand for Bob Ross paintings seems to be collectors themselves,” Nelson said in a statement.

Persons: CNN —, Bob Ross, Ross ’, Ross, ”, Ryan Nelson, ” Nelson, Nelson, it’s, ” Ross Organizations: CNN, Virginia PBS, Bob Ross Inc, PBS Locations: Minneapolis, Falls Church, Virginia

Bernardo Arévalo had been enjoying a quiet and predictable life for nearly a decade with his family in Geneva, working on pro-democracy issues for a nonprofit. That placid existence ended after he returned to his homeland, Guatemala, and got drawn into politics. Today, whenever Mr. Arévalo appears in public, he attracts throngs to hear him assail the government’s attacks on Guatemala’s democracy. Flanked by a well-armed security detail after receiving death threats following the assassination last week of a presidential candidate in Ecuador — which sent tremors across Latin America — Mr. Arévalo wears a bullet-resistant vest and travels in an armored S.U.V. Now, in what is building into a watershed moment for Central America’s most populous country, Mr. Arévalo, a Hebrew- and French-speaking polyglot with a doctorate in sociology, is on the cusp of winning the presidency in a runoff on Sunday — an implausible scenario just months ago.

Persons: Bernardo Arévalo, Arévalo, throngs Organizations: America’s Locations: Geneva, Guatemala, Ecuador, America

☆ Stock Market Today: Treasury Yields Pull Back; Bitcoin Drops
▼ + stars: | 2023-08-18 | by ( ) www.wsj.com time to read: 1 min

Benchmark Treasury yields pulled back early Friday, after settling at decade-plus highs the previous afternoon. Surging borrowing costs have weighed on stocks, with key indexes pulling back Thursday to extend this month's selloff. Index futures were little changed on Friday morning. After a long stretch of placid trading, action in bitcoin has suddenly revived, with selling pressure picking up. The digital currency recently traded at slightly over $26,500.

Persons: bitcoin Organizations: Treasury

☆ ‘Lady Killer’ and ‘The Strange Mister Victor’ Review: A Golden Age
▼ + stars: | 2023-08-03 | by ( Beatrice Loayza | ) www.nytimes.com time to read: +2 min

Compared to other heavy hitters from the golden age of French cinema — think Jean Renoir (“The Rules of the Game”) or Marcel Carné (“Children of Paradise”) — history hasn’t been kind to Jean Grémillon. This is especially the case in the United States, where the director’s work continues to be discussed among cinephiles like a special secret. “Lady Killer” stars the leonine Jean Gabin as Lucien, a womanizing legionnaire. Lucien falls hard for Madeleine and takes up a job at a print shop in Paris so that they can be together. In his early days, Grémillon was a violinist who played with an orchestra that provided accompaniment for silent films.

Persons: Jean Renoir, Marcel Carné, Jean Grémillon, ”, Victor ”, “, Jean Gabin, Lucien, Madeleine, Mireille Balin, Grémillon Locations: United States, France, Paris

☆ The man Putin wants to take over Wagner was once admitted to the hospital blind drunk with $60,000 cash, military maps of Syria, and receipts for weapons: report
▼ + stars: | 2023-07-17 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +3 min

Vladimir Putin wants to replace Yevgeny Prigozhin as head of Wagner, per The Telegraph. Troshev was once taken to the hospital blind drunk carrying cash, military maps, and receipts for weapons, it said. Troshev was admitted to the hospital blind drunk with some unusual items on him, per The Telegraph. Though Troshev had a placid call sign — "Grey Hair" — The Telegraph reported that he played a part in particularly brutal military operations. Troshev then worked for Omon, Russian riot police, which had the job of violently breaking up anti-government protests, The Telegraph reported.

Persons: Vladimir Putin, Yevgeny Prigozhin, Wagner, Andrei Troshev —, Troshev, Putin, Andrei Troshev Organizations: Service, The Telegraph, Russian Federation, Islamic, Telegraph Locations: Wall, Silicon, Russian, Syria, Islamic State, Palmyra, St Petersburg, Soviet, Chechnya, Bakhmut, Ukraine

The greenback was down 0.18% at 1104 GMT to 144.44 yen , after rising 0.27% on Monday. However, the yen remained close to last week's almost eight-month low of 145.07 per dollar, which prompted Japan's Finance Minister Shunichi Suzuki to warn against excessive yen selling. Market activity was relatively subdued with U.S. markets closed for the July 4 public holiday. Across currency markets, investors remained on watch for possible intervention by Japanese authorities to stem yen losses. Tan said the dollar is likely to rise past 150 yen, which would make intervention "more likely than not".

Persons: Shunichi Suzuki, Alvin Tan, Masato Kanda, Janet Yellen, Charu, Tan, Harry Robertson, Ankur Banerjee, Kevin Buckland, Shri Navaratnam, Emma Rumney, Christina Fincher Organizations: LONDON, Japan's Finance, U.S, Federal, U.S ., Asia FX, RBC Capital Markets, Reserve Bank of Australia, Australian, Treasury, Reuters, Saxo Markets, Japan, Bank, Bank of, Thomson Locations: SINGAPORE, Asia, Bank of Japan, London, Singapore

☆ Wes Anderson’s Secret Weapon: The Camera Moves of Sanjay Sami
▼ + stars: | 2023-06-21 | by ( Melena Ryzik | ) www.nytimes.com time to read: +3 min

And what I thought is this character is going to come out and not just set the stage for this convention they’re doing, but more to set the stage for the decade. Then, Jeffrey comes to us, and then Jeffrey goes over here, and we go over there. And Jeffrey goes over here, and we go here. And Jeffrey goes over here, we move around side to side. So you can slide forward and back and side to side, but it’s an extremely complex rig invented by our key grip Sanjay Sami.

Persons: Wes Anderson, I’m, Jeffrey Wright, I’ve, ”, we’ve, Jeffrey, you’re, Sanjay Sami, “, Dinah Campbell, It’s, they’ve Organizations: ‘, “ Locations: ‘ Asteroid

☆ Ukraine's dam collapse is both a fast-moving disaster and a slow-moving ecological catastrophe
▼ + stars: | 2023-06-11 | by ( ) www.cnbc.com time to read: +4 min

Alexander Ermochenko | ReutersThe destruction of the Kakhovka Dam was a fast-moving disaster that is swiftly evolving into a long-term environmental catastrophe affecting drinking water, food supplies and ecosystems reaching into the Black Sea. The Kakhovka Dam was the last in a system of six Soviet-era dams on the river, which flows from Belarus to the Black Sea. When Russian forces seized the Kakhovka Dam, the whole system fell into neglect. Rainbow-colored slicks already coat the murky, placid waters around flooded Kherson, the capital of southern Ukraine's province of the same name. "The canal that supplied our water reservoir has also stopped flowing."

Persons: Alexander Ermochenko, Zelenskyy, Trudeau, Putin, Kateryna Filiuta, Dmytro Neveselyi, we'll Organizations: Ukraine Nature Conservation, Russian, Associated Press, Agriculture, Farmers Locations: Nova, Russia, Ukraine, Hola, Kherson, Russian, Ukrainian, Belarus, Ukraine's province, Kherson province, Maryinske

☆ ‘Reality’ Review: An Unusual Suspect
▼ + stars: | 2023-05-31 | by ( Amy Nicholson | ) www.nytimes.com time to read: +1 min

Reality Winner’s life changed six years ago in June when F.B.I. agents showed up at her home in Georgia. I’m giving this background because Tina Satter’s gripping docudrama “Reality” doesn’t. Satter strips the political context from that first F.B.I. Working from the official transcript, Satter finds that the young woman is primarily concerned with the safety of her pets.

Persons: she’d, Miranda, Tina Satter’s, Sydney Sweeney, Josh Hamilton, Marchánt Davis, “, ” Organizations: U.S . Air Force Locations: Georgia

☆ How 'the dress' broke the internet — and pushed Facebook to force everyone into their own filter bubble
▼ + stars: | 2023-05-25 | by ( Ben Smith | ) www.businessinsider.com time to read: +8 min

In 2015, a BuzzFeed staffer posted a picture of a dress with the caption, "What color is this dress?" The following is an excerpt from "Traffic: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral" by Ben Smith. Jonah saw it differently. From TRAFFIC: Genius, Rivalry, and Delusion in the Billion-Dollar Race to Go Viral by Ben Smith. Copyright © Ben Smith, 2023.

☆ What College Students Need Is a Taste of the Monk’s Life - The New York Times
▼ + stars: | 2023-05-25 | by ( Molly Worthen | ) www.nytimes.com time to read: +4 min

“On college campuses, these students think they’re all being individuals, going out and being wild,” he said. Undergraduates at Belmont Abbey College outside Charlotte, N.C., share their quadrangles, sidewalks and even their chess clubs with Benedictine monks who live in an abbey in the middle of campus. Their presence compels even non-Christians on campus to think seriously about vocation and the meaning of life. “Either what the monks are doing is valuable and based on something true, or it’s completely ridiculous,” Mr. Lutz said. The point is not to take away the phone for its own sake but to take away our primary sources of distraction.

Koume, a 5-year-old mongrel, was handed an official letter of appreciation by local fire officials at a special ceremony last month for her valiant work at a horse riding club in Wakaba-ku, Chiba City. According to the horse riding club, a man in his fifties collapsed at the riding park on February 25. Koume, a usually placid pup, raised the alarm with her barks which then allowed people to rush to the man’s aid. “Koume is usually quiet and barks only under rare circumstances,” Yuna Maruo, a 23-year-old riding instructor who took part in saving the man that day, said. “But when an emergency arises, Koume does bark.”The Wakaba Fire Department said life saving treatment can be given to heart attack victims if people are alert to “the slightest change.”The appreciation letter given to Koume by Wakaba Fire Department to recognize her life-saving effort.

☆ Factbox: Alberta wildfire shuts in at least 145,000 boepd of Canadian production
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +2 min

May 8 (Reuters) - Canada's main oil-producing province Alberta on Saturday declared a provincial state of emergency due to wildfires, shutting in at least 145,000 of oil equivalent per day (boepd). Tens of thousands of Albertans have been forced to evacuate their homes as unprecedented wildfires rage on in Alberta. It added that about 50,000 boepd of production has been temporarily curtailed since the evening of May 5. Crescent Point Energy Corp (CPG.TO)Crescent Point said about 45,000 boepd of production in the Kaybob Duvernay region has been temporarily shut in with a plan to restart production once safe and permitted to do so. Vermilion Energy Inc (VET.TO)Vermilion Energy said it had temporarily shut in about 30,000 boepd of production and that it was assessing the risk to its operations.

☆ Alberta wildfire shuts in at least 2% of Canadian energy production
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +4 min

It added that about 50,000 boepd of production has been temporarily curtailed since the evening of May 5. Crescent Point Energy Corp (CPG.TO)Crescent Point said about 45,000 boepd of production in the Kaybob Duvernay region has been temporarily shut in with a plan to restart production once safe and permitted to do so. NuVista Energy Ltd (NVA.TO)The company said it has temporarily shut in and depressured all operations proximal to the ongoing fires in the Grande Prairie region. Vermilion Energy Inc (VET.TO)Vermilion Energy said it had temporarily shut in about 30,000 boepd of production and that it was assessing the risk to its operations. Cenovus Energy Inc (CVE.TO)Cenovus said it has shut-in production and brought plants down in some areas of its conventional business.

Though stocks remain near their 2023 highs, some investors now believe those factors will soon start taking a greater toll, limiting further upside. The market may be "back in the soup on the banking crisis," said Chuck Carlson, chief executive officer at Horizon Investment Services. Many investors don’t expect that calm to continue, as a battle over raising the $34 trillion U.S. debt ceiling looms. In the six rate-hiking cycles since 1984, the S&P 500 has posted an average three-month return of 8% following the peak funds rate, Goldman Sachs strategists wrote. However, the S&P 500 is already trading well above its valuation at the end of any cycle except the one ending in 2000, when the S&P 500 declined despite a Fed pause, the bank said.

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