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☆ Women in Iceland want you to know it's not a gender equality utopia, despite what the statistics say
▼ + stars: | 2024-02-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +22 min

AdvertisementBoth Icelandic and foreign-born women told BI that though they largely feel safe in Iceland, it's no feminist paradise. "That was like a wake up call for many women," Thorgerdur J. Einarsdóttir, professor of gender studies at the University of Iceland, told BI. Some groups of women are more vulnerable to violence and low wages, including foreign-born women, women with disabilities, and trans women, the interviewees said. Older generations fight so younger ones can flourishBut despite these concerns, the women BI spoke to said that they largely felt safe living in Iceland. Women BI spoke to largely said they felt optimistic about the changes that future generations would bring.

Persons: —, Arni Torfason, Saadia Zahidi, Valenttina Griffin, Grace Dean, Adolphsdóttir, Einarsdóttir, Vigdís Finnbogadóttir, Sigurðardóttir, Iceland's, Halldor Kolbeins, Sonja Ýr Þorbergsdóttir, Þorbergsdóttir, Inclusivity, Alice Olivia Clarke, Mads Claus Rasmussen, Ritzau Scanpix, they'd, Steinars, she'd, she's, Ása Steinars, Alondra Silva Muñoz, Griffin, Silva Muñoz, Sigrún, Rósa, that's, Shruthi Basappa, I've, it's, Jewells Chambers, Silva Muñoz –, millennials –, … Organizations: Service, Viking Women, Stockings, Women's Rights, Nordic, Red Stockings, United Nations, Farmers ' Union, University of Iceland, Getty, Iceland, UN, Statistics, Sweden –, Icelandic Teachers ' Union, SEI Locations: Iceland, Reykjavik, Icelandic, Denmark, AFP, Canada, Norway, Sweden, Statistics Iceland, Colombia, Lithuania, Spain, Poland, India, Chile, WomenTechIceland, it's, Brooklyn, New York City, Thorhildur

☆ Neuralink exec Shivon Zilis defends Elon Musk's $55 billion Tesla pay package
▼ + stars: | 2024-01-31 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Read previewNeuralink director Shivon Zilis is coming to Elon Musk's defense after his Tesla pay package was voided. A Delaware judge on Tuesday swatted down Musk's $55 billion Tesla pay package, siding with a shareholder who argued that Musk's pay as CEO was excessive. She stood by his Tesla compensation package in a social media post on Wednesday. "There are so many anti-meritocratic situations where people take money off the table while destroying shareholder value," Zilis wrote. "Never incorporate your company in the state of Delaware," Musk wrote .

Persons: —, Shivon Zilis, Elon, Kathaleen St, J, McCormick, Musk, Zilis, it's, Tesla Organizations: Service, Tesla's, Business, Bloomberg Locations: Delaware

☆ How America’s economy keeps defying expectations when the rest of the world is struggling
▼ + stars: | 2024-01-26 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

Economists were convinced the last quarter of 2023 had to be the one where economic growth slowed significantly after the prior quarter’s gangbuster 4.9% annualized growth rate. Gross domestic product, the broadest measure of economic output, did slow last quarter to a 3.3% annualized rate. It’s remarkable given economists were expecting 1.5% annualized GDP growth last quarter. But what’s perhaps most remarkable about the US economic growth rate is how much it towers over similarly sized advanced economies. Covid stimulus money is helping Americans avoid cutting back on spending.

Persons: Larry David, that’s, rateaccording, Joseph Gagnon, David Paul Morris, Gagnon, That’s, Alicia Wallace, Hanna Ziady, he’s, I’ve, it’s Organizations: New, New York CNN, Gross, Peterson Institute for International Economics, Federal Reserve, Bloomberg Locations: New York, Singapore, Europe, Ukraine

☆ Moms for Liberty leaders are behind a new charter school, which will have little government oversight even as taxpayers fund it
▼ + stars: | 2024-01-21 | by ( Katie Balevic | ) www.businessinsider.com time to read: +4 min

Leaders of the conservative group Moms for Liberty are behind a new charter school in Charleston. AdvertisementSome leaders of Moms for Liberty, the conservative group that has pushed for "parental rights" in schools nationwide, are behind the opening of a new charter school. Tara Wood, the chair of Charleston's Moms for Liberty chapter and a member of the new charter school's board, told Business Insider in a statement that "Ashley River Classical Academy is not a Moms for Liberty school." "We are simply trying to protect our children from sexually explicit books," the group's Charleston chapter says on its website. Asked about the curriculum, Wood said: "What is so 'controversial' about the year our country was founded?"

Persons: —, Ashley, Tara Wood, Wood, Judd Legum, Legum, Trump Organizations: Liberty, Popular, Service, Classical Academy, CBS, Classical, Hillsdale College, Southern Poverty Law Center, MSNBC, Hillsdale, American Historical Association Locations: Charleston ., Mount Pleasent, Michigan, Charleston, United States

☆ Living With Fire When It’s Fire Season All Year Round
▼ + stars: | 2024-01-17 | by ( Jennifer Szalai | ) www.nytimes.com time to read: +1 min

THE LAST FIRE SEASON: A Personal and Pyronatural History, by Manjula MartinEven after evacuating her home in Sonoma County, Calif., as wildfires burned nearby, Manjula Martin reflected on her stubborn longing to exempt herself from what was happening. “I wanted to continue to be an exception to the consequences of climate change,” she writes in “The Last Fire Season,” her powerful account of the dry lightning storms of 2020, which ignited an increasingly parched landscape throughout much of Northern California. “But my desire to remain an observer of history instead of its victim was banal,” Martin admits. “The Last Fire Season” includes a moving record of her life as well as a repudiation of all kinds of exceptionalism, not just her own or her country’s. “Humans are not the main characters in the great drama of Earth,” she notes — an inconvenient truth that the extreme weather effects of climate change have made painfully clear.

Persons: Manjula Martin, “, —, ” Martin, ” Locations: Sonoma County, Calif, Northern California

☆ Dollar on shaky ground as Fed rate cut bets strengthen
▼ + stars: | 2023-12-04 | by ( Brigid Riley | ) www.reuters.com time to read: +3 min

Powell said on Friday it was clear that U.S. monetary policy was slowing the economy as expected, with the benchmark overnight interest rate "well into restrictive territory." The U.S. dollar index , which tracks the currency against six major counterparts, was last hovering around Friday's close at 103.28. That means dollar pairs could continue to get a boost depending on U.S. economic data, Rodda said. Against the yen, the dollar was fetching $146.58 yen , after falling to 146.24 earlier in the session, its lowest since Sept. 11. The yen has recently pulled away from the near 33-year low of 151.92 per dollar touched in the middle of November.

Persons: Jerome Powell, Bitcoin, Powell, Kyle Rodda, Rodda, Sterling, Christine Lagarde, Carol Kong, bitcoin, Brigid Riley, Shri Navaratnam Organizations: Federal, U.S, U.S ., European Central Bank, ECB, Commonwealth Bank of Australia, Thomson Locations: TOKYO, U.S, cryptocurrencies

Yet labour markets are softening, the euro zone faces recession and China's property sector is in crisis. Here's what some closely-watched market indicators say about global recession risks:1/ AMERICAN EXCEPTIONALISM? Britain's economy avoided the start of a recession in the third quarter but still failed to grow. Economists broadly expect the global economy to slow next year but avoid a recession. If supply shocks resulting from the Israel-Hamas war become severe enough to push Brent crude to $150, a level it has never breached, a "mild and fleeting" global recession could result, Oxford Economics reckons.

Persons: Brendan McDermid, Guy Miller, COVID, Zurich Insurance's Miller, Torsten Slok, Austria's, David Katimbo, We've, Brent, Yoruk Bahceli, Dhara Ranasinghe, Naomi Rovnick, Alexandra Hudson Organizations: Wall, REUTERS, Zurich Insurance, Reuters, Traders, U.S . Federal Reserve, ECB, Apollo Global Management, P, Sweden's SBB, HK, Bank of England, Business insolvencies, EdenTree Investment Management, Oxford Economics reckons, Reuters Graphics Reuters, Alexandra Hudson Our, Thomson Locations: New York, U.S, China, Zurich, England, Wales, Europe, Israel

☆ ‘Southern/Modern’: Rediscovering the Radical Art Below the Mason-Dixon Line
▼ + stars: | 2023-11-30 | by ( Walker Mimms | ) www.nytimes.com time to read: +1 min

Of the many strengths of “Southern/Modern,” a daring and revisionist show about the American South at the Georgia Museum of Art in Athens, the one that follows you out to your car is the alternate history of modern art it proposes. Southern art — or food or literature, for that matter — has long suffered a reputation of isolation. You would have to be born there,” says the tortured Quentin in William Faulkner’s “Absalom, Absalom!” Ninety years later, Southern exceptionalism is over (mostly), and the area’s artists and curators and chefs now go to great, overcorrective lengths to be global, to be modern. But the artists of Faulkner’s day — they were still responding to an ancient, haunted South. These 100 or so paintings and prints suggest an invigorating direction that was there all along: a pungent pairing of social history with artistic experiment during the first half of the 20th century.

Persons: ”, Quentin, William Faulkner’s “ Absalom, Absalom ! ”, Mason, “ Organizations: Georgia Museum of Art, Dixon, Museum of Modern Art Locations: Athens, Southern exceptionalism, Florida, Arkansas, Missouri, New York

☆ Dollar eases on bets US rates have peaked
▼ + stars: | 2023-11-24 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +4 min

A woman counts U.S. dollar bills at her home in Buenos Aires, Argentina August 28, 2018. "I think what we're seeing is a classic case of the market taking the 'path of least resistance'," Brown said. The dollar index , which measures the U.S. currency with six peers, eased 0.3% to 103.43, staying close to the two-and-a-half month low of 103.17 it touched earlier this week. Elsewhere, the Japanese yen was about flat against the dollar at 149.53, after strengthening following data that showed Japan's core consumer price growth picked up slightly in October. Separate data showed German business morale improved for a third straight month in November.

Persons: Marcos Brindicci, Michael Brown, Brown, X's Brown, Sterling, Saqib Iqbal Ahmed, Ankur Banerjee, Joice Alves, David Evans, Jason Neely Organizations: REUTERS, U.S, Trader, P Global, Federal, ING, Thomson Locations: Buenos Aires, Argentina, London, U.S, Germany, Singapore

☆ Nomura says 2024 will probably be a great time to diversify out of 'U.S. exceptionalism'
▼ + stars: | 2023-11-21 | 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 EmailNomura says 2024 will probably be a great time to diversify out of 'U.S. exceptionalism'Gareth Nicholson, chief investment officer of international wealth management at Nomura, suggests investors "move some money towards Asia."

Persons: Nomura, exceptionalism, Gareth Nicholson Organizations: Nomura, Asia Locations: U.S

☆ Gen Z is worried they're going to raise a generation of iPad kids
▼ + stars: | 2023-11-20 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +5 min

Gen Z is nervous they're going to raise a generation of iPad kids. "I need everybody else from my generation to promise that we are not going to raise iPad children," one person said. Specifically, they're worried about raising a generation of iPad kids. "Not trying to start a culture war but much of online gen z culture seems to be about gen z exceptionalism & villainizing all other generations," one person wrote on X, formerly known as Twitter, in response to the viral TikTok videos. Advertisement"iPad kids, video games kids, TV kids, same hysteria.

Persons: —, they're, @gabesco, iPads, Gen Z, @hopeyoufindyourdad, she's, It's, Alpha, Sophie Puchulu, Puchulu, there's, Z's, We've Organizations: Service, Alpha, American Academy of Pediatrics, Academy Locations: Minnesota

☆ Multipolar world opens up surprising safe havens
▼ + stars: | 2023-11-17 | by ( Felix Martin | ) www.reuters.com time to read: +7 min

This new-look cap table leaves the U.S. much more vulnerable to the vagaries of foreign investors than before. In a crisis, foreign investors would rush to buy even more U.S. debt. Reuters GraphicsA less orthodox option would be to invest in emerging markets instead. The last time net equity investment in the U.S. NIIP dipped close to negative territory was as the dot-com bubble was deflating in 2001. In the next six years the U.S. saw net equity outflows equivalent to nearly 30% of GDP.

Persons: Hubert Védrine, Xi Jinping, Joe Biden, ’, Donald Trump’s, exceptionalism, NIIP, Peter Thal Larsen, Streisand Neto, Thomas Shum Organizations: Reuters, French, U.S, United, United States, Treasury, Equity, U.S . Treasury, Japan, Democratic, Cooperation Council, Peterson Institute for International, Fed, ECB ”, Thomson Locations: United States, tatters, United, U.S, China, Hong Kong, Switzerland, Singapore, Saudi Arabia, South Africa, Argentina, Mexico, Brazil, Vietnam, India, Chile, Democratic Republic of, Congo, Washington

☆ Morning Bid: Rate cut prospects fuel stock rally
▼ + stars: | 2023-11-06 | by ( Wayne Cole | ) www.reuters.com time to read: +3 min

Nov 6 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. It's been an upbeat start to the week in Asia as markets cast aside concerns about rate hikes, and go straight to pricing in early cuts. Futures imply an 80% probability the ECB will begin easing as soon as April, and the first BoE rate cut is almost fully priced for August. An outlier here is the Reserve Bank of Australia (RBA) which might well resume hiking on Tuesday after four months of steady policy outcomes. But expectations were already so low that it's the dollar that has all the downside in the disappointment stakes.

Persons: Wayne Cole, It's, BoE, Ueda, Jerome Powell, Christine Lagarde, Huw Pill, Lisa Cook, Sam Holmes Organizations: Federal, ECB, Bank of Japan, Reserve Bank of Australia, Atlanta, EU, Bank of England, Federal Reserve, Thomson Locations: Wayne, Asia, South Korea, Europe

☆ Strong GDP growth isn't a sign the US has escaped a recession, and interest rates are a big headwind to economic activity, top economist Mohamed El-Erian says
▼ + stars: | 2023-10-26 | by ( Aruni Soni | ) www.businessinsider.com time to read: +3 min

The strong GDP report isn't a sign the US has dodged a recession, Mohamed El-Erian said. High interest rates still pose a big threat to households, business, and the US government. AdvertisementAdvertisementWhile the GDP numbers underscore US "exceptionalism," El-Erian said, high interest rates are impacting all corners of the economy, and that's something to watch out for. "Secondly, what's been happening in the interest rate market is really problematic. Expecting interest rates to remain higher for the foreseeable future, the bond market has witnessed a historic sell-off in recent months.

Persons: Mohamed El, Erian, —, it's, I've Organizations: Service, Fed, Treasury

☆ Morning Bid: Megacaps scatter in the cloud
▼ + stars: | 2023-10-25 | by ( ) www.reuters.com time to read: +5 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 28, 2023. But after the S&P500 staged an impressive 0.7% bounce on Tuesday, futures were back in the red again ahead of the open. The negativity cut across what was otherwise a more upbeat macro picture and a calmer bond market following recent ructions. Chinese developer Country Garden (2007.HK) is deemed in default on a dollar bond for the first time, Bloomberg News reported. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Brendan McDermid, Mike Dolan, Alphabet's, Microsoft's, Baker Hughes, Teradyne, Hess, Jerome Powell, Barbara Lewis Organizations: New York Stock Exchange, REUTERS, Big Tech, Google, Microsoft, Meta, IBM, Boeing, Bloomberg News, Treasury, Bank of Canada, Deutsche Bank, United Health, General Dynamics, Whirlpool, Otis, Hilton, U.S, Reuters, PMI, Thomson Locations: New York City, U.S, HK, United States, Europe, Worldline, Germany, Ameriprise, EQT, Washington

☆ High bond yields and a strong dollar could be here for longer, as policy conditions mirror the 1980s, Bank of America says
▼ + stars: | 2023-10-19 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The mix of loose fiscal policy and tight monetary policy looks similar to the 1980s, BofA said. In that decade, those circumstances led to high yields and a strong dollar, similar to what's occurring today. As high yields have generally corresponded with a strong dollar, the greenback will remain historically strong, even if inflation is tamed and interest rates reverse course. AdvertisementAdvertisementBofA continues to forecast a non-landing scenario for the economy, which would support both high yields and a strong dollar. This is a case of markets getting concerned about US debt sustainability, both weakening the USD and increasing yields," Bofa added.

Persons: BofA, —, Reaganomics, Volcker, Bofa Organizations: Service, Bank of America, FX

☆ The sure-fire way to save America’s cities? Do what Tokyo does.
▼ + stars: | 2023-10-04 | by ( Eliza Relman | ) www.businessinsider.com time to read: +12 min

But affordability isn't an issue in the world's biggest city, Tokyo. In collectivist Japan, housing policy is designed to benefit the most people possible. Earthquakes and small homesAnother feature of the Japanese housing market is purely situational: The country is a hotspot for earthquakes. Could the US import Japanese housing policy? Japan's housing policy "is now quite well understood" among American housing advocates and scholars, he says, "whereas it was not even three years ago."

Persons: metropolises, Eric Adams, Alan Durning, Durning, Jiro Yoshida, NIMBYism, Jenny Schuetz, Yoshida, Schuetz, André Sorensen, there's, Sorensen, Nolan Gray, Impermanence, Gray, tradeoffs, Eliza Relman Organizations: US, America it's, New York City, Sightline, Pennsylvania State University, Brookings Institution, University of Toronto, Earthquakes Locations: Los Angeles, Miami, New York, San Francisco, Tokyo, it's, America, Paris, Japan, inequity, Montana, California, United States, Vienna, Amsterdam, California , Oregon, Washington

☆ Opinion | ‘The Entire Debate Was a Gong Show’: Winners and Losers From the Second Republican Showdown
▼ + stars: | 2023-09-28 | by ( New York Times Opinion | ) www.nytimes.com time to read: +21 min

Matthew Continetti Governor Haley is an excellent communicator, but her message was often lost amid all the cross talk. Daniel McCarthy In this debate, Governor Haley decided to play the role that Vivek Ramaswamy played last time, frequently interrupting and attacking others. Matthew Continetti Governor DeSantis is not an exciting debater, but he remains the most plausible alternative to Donald Trump. Jane Coaston He really, really, really wanted to fight Donald Trump, who was not present. His worst moment was a canned line in which he compared Donald Trump to Donald Duck (Disney defamation suit to follow).

Persons: Ronald Reagan, Jane Coaston, Tim Scott, Vivek Ramaswamy, Ramaswamy, Gail Collins, Matthew Continetti, Haley, Ron DeSantis, I’m, Michelle Cottle, Ross Douthat, Amy Klobuchar, Vivek Ramaswamy’s Pete Buttigieg —, Michelle Goldberg, Katherine Mangu, Ward, Daniel McCarthy, Katherine Miller Haley, Scott, ” Peter Wehner, she’d, DeSantis, Donald Trump, zinged Trump, Trump, he’s, Nobody, Michelle Goldberg DeSantis, DeSantis —, Daniel McCarthy He’s, don’t, Katherine Miller, Peter Wehner, Christie, Donald Duck, Matthew Continetti Governor Christie, He’s, —, Ross Douthat “ Donald DUCK, “ Donald Duck, ” Katherine Mangu, Biden, ” Daniel McCarthy Governor Christie, Katherine Miller Christie, stemwinders, Donald Trump’s, Haley —, ’, “, ” Matthew Continetti, MAGA populists, MAGA, Haley didn’t, Reagan, Ward Ramaswamy, Katherine Miller Ramaswamy, Burgum, Ross, Yep, Katherine Miller Burgum, Gail Collins Boy, Pence, ”, Mike Pence, Asa Hutchinson, Peter Wehner Trump Organizations: Republican, Ronald Reagan Presidential, American Special Operations, Washington, Trump, Fox, Washington , D.C, South, Blacks, ’, Reagan Locations: California, Iowa, New Hampshire, Mexico, Florida, Ukraine, Washington ,, New Jersey, Simi Valley, China, America, North Dakota

☆ Lauren Boebert was announced as a guest speaker for a conservative youth conference days after she was tossed out of a musical recommended for kids
▼ + stars: | 2023-09-17 | by ( Sebastian Cahill | Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Friday, the Texas Youth Summit announced Boebert would be a speaker at their upcoming conference. The Texas Youth Summit, aimed at children and young adults, allows anyone between 12 and 26 to attend for free. Christian Collins, founder of the Texas Youth Summit, declined to comment to Insider or clarify whether or not the decision to allow Boebert to speak came before or after September 10. In addition to Boebert, this year's speakers include Donald Trump, Jr., Charlie Kirk, and other conservative federal and state representatives. Representatives for Boebert did not immediately respond to a request for comment from Insider sent outside regular business hours.

Persons: Lauren Boebert, @laurenboebert, Boebert, Christian Collins, Donald Trump , Jr, Charlie Kirk Organizations: Texas Youth Summit, Service, Woodlands, Texas Youth Foundation, Woodlands Waterway Locations: Wall, Silicon, Denver , Colorado, Marriott, Houston, Colorado's, Denver, American

☆ US exceptionalism thwarts dollar bears but Fed test looms
▼ + stars: | 2023-09-12 | by ( Saqib Iqbal Ahmed | ) www.reuters.com time to read: +5 min

Signs that the dollar will continue enjoying its yield-advantage over other currencies have undercut support for bearish views on the greenback. That theme will be tested in September, as the market braces for a flood of key U.S. economic data as well as the Fed's monetary policy meeting. Fed Chairman Jerome Powell's message at next week's monetary policy meeting could also influence the dollar's trajectory. While Englander is bearish the dollar in the medium term, the currency's "underlying drivers have been going so much in the opposite direction," he said. Other dollar rebounds this year, in March and May, failed at levels not far from where the dollar index trades now.

Persons: Dado Ruvic, It's, Vassili Serebriakov, Jerome Powell's, Steven Englander, Serebriakov, it's, Kit Juckes, Saqib Iqbal Ahmed, Laura Matthews, Ira Iosebashvili, Sam Holmes Organizations: REUTERS, U.S, Futures Trading, UBS, Reuters Graphics, Fed, Standard Chartered, Reuters, TD Securities, Societe Generale, Thomson Locations: U.S, United States

☆ Yen jumps on Ueda's remarks, dollar tentative ahead of U.S. inflation print
▼ + stars: | 2023-09-11 | by ( ) www.cnbc.com time to read: +3 min

A sheet of newly-designed Japanese 10,000 yen banknotes at the National Printing Bureau Tokyo plant in Tokyo, Japan, on Wednesday, June 28, 2023. Ueda told the Yomiuri newspaper in an interview that the BOJ could have enough data by year-end to determine whether it can end negative rates. "Ueda is laying the foundations for an exit from negative interest rates, and he is giving plenty of notice," said Matt Simpson, senior market analyst at City Index. The dollar index , which capped last week with eight straight weeks of gains, its longest run since 2014, dipped slightly to 104.84. The Australian dollar , often used as a liquid proxy for the yuan, rose 0.29% to $0.6397, while the New Zealand dollar edged 0.28% higher to $0.5900.

Persons: Kazuo Ueda stoked, Ueda, Matt Simpson, Alvin Tan, Index's Simpson Organizations: National Printing Bureau, Bank of Japan, Yomiuri, Federal Reserve, British, Sterling, Fed, U.S, Treasury, Asia FX, RBC Capital Markets, New Zealand Locations: National Printing Bureau Tokyo, Tokyo, Japan, U.S, Asia, United States

☆ The stock market is stuck in a typical but anxious seasonal pullback
▼ + stars: | 2023-09-09 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

.SPX YTD mountain S & P 500 YTD My last column before a late-summer hiatus, published July 15 with the S & P about 1% higher than Friday's close, began: "Enough for now? There's been no net progress since then after a modest push higher, 5% pullback and partial bounce. There's no doubt the market is sensitive to these yield moves, unsure how the economy and market might handle them. There's an insistence among plenty of cautious market participants that stocks are only as high as they are because eventual Fed rate cuts are anticipated. Not to be too literal, but this at least would suggest some more seasonal choppiness before a potential break higher.

Persons: There's, Oleg Melentyev, –, Goldman Sachs, Tony Pasquariello, China's Organizations: Federal Reserve, U.S ., Federal, Treasury, Labor, Bank of, UAW, Atlanta Fed, Investment Locations: Europe, China, U.S

☆ Buy the dip: HSBC says this is a great time to load up on U.S. stocks, other risk assets
▼ + stars: | 2023-08-29 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to start loading up on U.S. stocks and other risk assets, HSBC said. Investors are heading into September after what has been a weak month for equities. However, HSBC analyst Max Kettner said he does not expect any "similar broad-based sell-offs" going forward even if yields remain elevated. "So we think this presents a pretty good tactical entry point into risk assets, above all into US equities." While many economists are leaving behind U.S. recession forecasts, they still expect further weakness in Europe.

Persons: Max Kettner, Kettner, CNBC's, Michael Bloom Organizations: HSBC, Investors, Nasdaq, Atlanta Federal Locations: U.S, Europe

☆ Ramaswamy, the Millennial Candidate, Has a Lot to Say About His Generation
▼ + stars: | 2023-08-26 | by ( Jonathan Weisman | More About Jonathan Weisman | ) www.nytimes.com time to read: +2 min

Vivek Ramaswamy, rising in the polls and buoyed by the first Republican primary debate this week, was barnstorming through central Iowa on Friday with a trademark smile and a remarkably bleak generational diagnosis of what ails younger America. The government “systematically lies to us,” he said. He told another gathering in Indianola, “We face a nonzero risk that the United States of America could cease to exist,” obliterated by the blossoming alliance of Russia and China. And yet somehow his evocation of a generational malaise seems to resonate, at least with the crowds that are packing the restaurants, cafes and even larger venues in the state that will cast the first ballots this January for the Republican presidential nomination. Noticeably, however, those crowds don’t seem to include many young voters.

Persons: Vivek Ramaswamy, Millennials, “, ”, Ronald Reagan’s, Bill Clinton’s Organizations: Republican Locations: Iowa, America, Pella , Iowa, Indianola, United States, Russia, China, Young

☆ The Republican Debate Came Down to These Five Moments - The New York Times
▼ + stars: | 2023-08-24 | by ( New York Times Opinion | ) www.nytimes.com time to read: 1 min

Ross Douthat: Of all the varied and vigorous clashes between Mike Pence and Vivek Ramaswamy, the moment when Ramaswamy started talking about despair and doom and declining mental health in America and Pence shot back with the claim that actually there’s nothing wrong with the American people, just with our failed government and leaders, offered an especially pellucid distillation of the big divide between pre-Trump and post-Trump conservatism. It’s a divide that’s both ideological and generational, pitting the old G.O.P. defaults (which are clearly still Pence’s defaults) of patriotic boosterism against a growing sense on the right that the American exceptionalism conservatives once defended has decayed or dissolved — and that something more radical than a message of small government and stewardship is required to bring it back.

Persons: Ross Douthat, Mike Pence, Vivek Ramaswamy, Ramaswamy, Pence Organizations: Trump Locations: America

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