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"Feud" season two shines a light on the late New York socialite Babe Paley and her husband Bill. AdvertisementOne of the first scenes of "Feud: Capote vs. Capote exposed Bill Paley's infidelity in a short story published in 1975Babe Paley (Naomi Watts) and Truman Capote (Tom Hollander) in episode 1 of "Feud: Capote vs. Babe Paley (Naomi Watts) in episode 1 of "Feud: Capote vs. "Feud: Capote vs.
Persons: Babe Paley, Bill, Babe, Truman Capote, Happy Rockefeller, , Tom Hollander, hurrying, Naomi Watts, Capote, Chitty Chitty Bang, Bill Paley, Treat Williams, Paley, Media —, Paley's, Laurence Leamer, Murphy, Jon Robin Baitz, Ina Coolbirth, Slim Keith, Sidney Dillon, Cleo Dillon, Sidney, he's, hadn't, Marie Harriman, W, Averell Harriman, Rockefeller, Rebecca Creskoff, Nelson Rockefeller, Melanie Benjamin Organizations: New York, Service, Paley Center, Media, Basque, New York Times, New, Swans Locations: New, Manhattan, New York, La, Capote's
While his teammates celebrated wildly, Mainoo seemed to take it all in his stride as he slid towards the crowd on his knees after scoring his first Premier League goal. “To start playing in the Premier League for my boyhood club has been amazing. Naomi Baker/Getty ImagesEven before his magical goal, Mainoo had been impressing the soccer world this season. In a frantic finale, Scott McTominay reestablished United’s two-goal lead before Max Kilman pulled another goal back for Wolves. Manchester United now sits seventh in the Premier League as it bids to chase down a top-four finish, which would ensure qualifiation for next season’s Champions League.
Persons: Kobbie Mainoo, Mainoo, “ I’ve, ” Mainoo, , Naomi Baker, Erik ten Hag, Jim Ratcliffe, Ratcliffe, Marcus Rashford, Rasmus Højlund, Pablo Sarabia, Scott McTominay, United’s, Max Kilman, Pedro Neto Organizations: CNN, Manchester United, Wolverhampton Wanderers, Wolves, Premier League, TNT Sports, FA, Newport County, season’s, League Locations: United
CNN —Since the early 2000s, a coin has lay buried next to a tree at Augusta National Golf Club, nestled there as a good luck charm by the mother of a promising young French golfer. Not since Arnaud Massy became the first non-Briton to win the Open Championship in 1907 has a Frenchman lifted silverware at a recognized Tour event. The world’s 890th ranked amateur when he turned professional in 2013, Pavon spent two years on the Alps Tour before graduating to the Challenge Tour, finally securing his card on the DP World Tour (European Tour) in 2017. “I don’t come from a normal background because I wasn’t a great player once,” Pavon told CNN Sport’s Don Riddell. Augusta National and Spyglass Hill – host of this week’s Pebble Beach Pro-Am – were once courses Pavon could only navigate in the video game world of Tiger Woods PGA Tour 06.
Persons: Matthieu Pavon, Pavon, Arnaud Massy, Frenchman, Denmark’s Nicolai Hojgaard, ” Pavon, CNN Sport’s Don Riddell, , Gregory Bull, Michel, Beatrice, Naomi Baker, Justin Thomas, Rickie Fowler, “ Spyglass, you’re, You’re, you’ve, Céline Boutier, Massy, Catherine Lacoste, Patricia Meunier, Lebouc, Boutier, Lewis Joly, Organizations: CNN, Augusta National Golf, Farmers Insurance, Spanish, PGA, Harvard University, France’s Ligue, Getty, Pavon’s PGA, Players, . Augusta National, Tiger, Céline, Evian Championship, Chevron, Evian, Ryder, Europe Locations: Augusta, French, Toulouse, California, Europe, America, Pavon, France’s, Bordeaux, Rome, Bethpage , New York
Woodward's suicide is depicted in the first episode of "Feud: Capote vs. Ann Woodward had a run with Truman Capote where she reportedly called him a homophobic slurTom Hollander plays Truman Capote in "Feud: Capote vs. Ann Woodward and William Woodward Jr. at the Embassy Club in the Ambassador Hotel in New York in 1975. According to Montillo, Capote recognized Woodward and approached her table; after a brief conversation, she reportedly called Capote a homophobic slur. Despite the two decades since her husband's death, Woodward's reputation was still in tatters among those who remembered the headline-making incident.
Persons: , Ryan Murphy's, Truman Capote, Jon Robin Baitz, Laurence Leamer's, Tom Hollander, Capote, Leamer, Ann Woodward, Woodward, Demi Moore, Holly Golightly, Angeline Lucille Crowell, Ann Eden, William Woodward Jr, Susan Braudy, Bettmann, Roseanne Montillo's, Woodward's, Moritz, Montillo, Mrs, Bang, Lady Ina Coolbirth, Jones, Ann Hopkins, David Hopkins, Babe Paley, Naomi Watts, Nancy, Slim, Keith, Diane Lane, Ann Woodward's, Gerald Clarke, Capote's, Elsie Woodward, Truman, BuzzFeed's Alessa Dominguez, Jimmy, William Organizations: Service, Business, FX, Hulu, New York, Embassy Club, Woodward Locations: American, New York, Manhattan, La, Basque, Kansas, New, Europe, St
They Don’t Make Socialites Like They Used To
  + stars: | 2024-02-01 | by ( The Styles Desk | ) www.nytimes.com   time to read: +1 min
Ryan Murphy’s new limited series, “Feud: Capote vs. the Swans,” takes viewers into a defunct world, set in the rooms once inhabited by the carefully coifed fixtures of Manhattan’s high society. The show examines the rift between the writer Truman Capote and his friends — a pack of socialites whom he called his “Swans” — after a fictionalized excerpt from his unfinished novel spilling their secrets was published in Esquire magazine in 1975. The Swans, each dressed in her own polished, throwback style, are played by an impressive cast: Diane Lane as Nancy “Slim” Keith, Calista Flockhart as Lee Radziwill, Naomi Watts as Barbara “Babe” Paley and Chloë Sevigny as C.Z. Ahead of the release of the first two episodes, members of the Styles desk gathered to discuss the designers highlighted in the series and how the show made them nostalgic, but also hopeful, for the return of a more intentional way of dressing.
Persons: Ryan Murphy’s, , Truman Capote, Diane Lane, Nancy “ Slim ” Keith, Calista Flockhart, Lee Radziwill, Naomi Watts, Barbara “ Babe ” Paley, Chloë Sevigny, C.Z, Styles Organizations: Swans, Esquire
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
Tokyo CNN —Three foreign-born residents in Japan are suing the country’s government over alleged racial profiling, highlighting an ongoing debate about Japanese identity and nationality. The three plaintiffs, all residents of Tokyo, filed the lawsuit in the Tokyo National Court and held a news conference with their lawyers on Monday, according to public broadcaster NHK. One plaintiff came to Japan from India after marrying his wife, and has lived there for more than 20 years, NHK reported. Since then, he has been repeatedly stopped and questioned by police officers on the street, sometimes twice a day. The third plaintiff is an American-born man who said he hoped to raise awareness of the issue among the Japanese population, according to Reuters.
Persons: , , Philip Fong, Nissin, Naomi Osaka –, Karolina Shiino Organizations: Tokyo CNN —, Tokyo National Court, NHK, Aichi, Reuters, Court, Getty, CNN, Pew Locations: Japan, Tokyo, India, Pakistani, American, AFP, Aichi, Nagoya
Learn moreThe women's Australian Open final is beginning soon, and we can show you how to watch a free Sabalenka vs. Zheng live stream online anywhere in the world. How to watch free Sabalenka vs. Zheng live stream from anywhereIf you want access to the free Sabalenka vs. Zheng live stream of the Australian Open final, there's an excellent option direct from the source on the free Australian 9Now streaming service. Watch the Sabalenka vs. Zheng live stream. How to watch Sabalenka vs. Zheng in the USAESPN has the rights to live stream all of the Australian Open in the USA. How to watch Sabalenka vs. Zheng in the UKYou'll find the Australian Open live streams on Eurosport in the UK.
Persons: Zheng, We've, Iga Swiatek, Emma Raducanu, Naomi Osaka, Coco Gauff, Qinwen Zheng, she's, there's, It's, we've, ExpressVPN, There's Organizations: ESPN, Six Nations, Australian, USA ESPN, Hulu, Disney Plus, Eurosport, Amazon Prime Locations: Australia, Canada, Belarus, USA
TOKYO (AP) — Crowned Miss Japan this week, Ukrainian-born Karolina Shiino cried with joy, thankful for the recognition of her identity as Japanese. But her Caucasian look rekindled an old question in a country where many people value homogeneity and conformity: What does it mean to be Japanese? Shiino has lived in Japan since moving here at age 5 and became a naturalized citizen in 2022. But her crowning triggered a debate over whether she should represent Japan. Others said there was no problem with Shiino's crowning because her Japanese citizenship makes her Japanese.
Persons: Karolina Shiino, Shiino, ” Shiino, I’ve, , Chiaki Horan, “ I've, , Ariana Miyamoto, Naomi Osaka, Ayaka McGill Organizations: TOKYO, Miss, Miss Universe, Tokyo Games, AP Locations: Japan, Ukrainian, Miss Japan, Nagasaki, African American
NEW YORK (AP) — Lorrie Moore, Naomi Klein and the Egyptian writer Ahmed Naji are among the finalists for National Book Critics Circle awards. Honorary prizes are going to Judy Blume and to a longtime ally of Blume's in the fight against book bans, the American Library Association. On Thursday, the critics circle announced nominees in seven competitive categories, ranging from fiction to debut book to best translation. The other fiction nominees are Justin Torres' “Blackouts,” winner of the National Book Award last fall; Teju Cole's “Tremor,” Daniel Mason's “North Woods”; and Marie NDiaye's “Vengeance Is Mine,” translated from the French by Jordan Stump. The book critics circle, founded in 1974, consists of hundreds of reviewers and editors from around the country.
Persons: — Lorrie Moore, Naomi Klein, Ahmed Naji, Judy Blume, Blume's, Moore, , Justin Torres, ” Daniel Mason's “, Marie NDiaye's, Jordan Stump, Grace E, Tina Post's, ” Nicholas Dames, , Myriam Gurba's, Naji, Katharine Halls, Matthew Zapruder's “, ” Susan Kiyo Ito's, David Mas, Patricia Wakida, Jonathan Coe's Martin Luther King, Gregg Hecimovich, Hannah Crafts, Anna, Rachel Shteir's, Betty Friedan, Jonny Steinberg's, Winnie, Nelson, Saskia Hamilton's “, ” Kim Hyesoon's, ” Romeo Oriogun's, Robyn Schiff's, Kareem Abdulrahman, Natascha Bruce, Dorothy Tse's ”, Don Mee, Kim Hyesoon's, ” Todd, ” Maureen Freely’s, Tiffany, Indonesian Norman Erikson Pasaribu's, John Leonard, Ariana Benson's, ” Emilie Boone's, ” Victor Heringer's “, ” Tahir Hamut Izgil's, Donovan X, Martin J, Siegel's, Blume, Becca Rothfield, Marion Winik Organizations: American Library Association, Rotten, PEN America, U.S, Washington Locations: Egypt, Indonesian
CNN —For Manchester City star Phil Foden, two major influences have shaped his soccer career: his late grandfather and current manager Pep Guardiola. In his eight years at Manchester City, Guardiola has created a squad atmosphere that has been at the heart of the club’s success. The 23-year-old Phil Foden (C) has already won 14 trophies with Manchester City. From Stockport in Greater Manchester, Foden is a lifelong City fan and joined the club when he was just four years old. At home, in particular, Manchester City has dominated.
Persons: Phil Foden, Pep Guardiola, , , Foden, Guardiola, Naomi Baker, there’s, they’re, We’ve, he’s, David Ramos, Rico Lewis, Oscar Bobb, Lewis, I’ve, Michael Regan, John Terry, they’ve, , ” Terry, Pep, Jan Kruger, it’s, we’re Organizations: CNN, Manchester City, City, Premier League, FA, League, Men’s, Newcastle United, Guardiola’s, UEFA Champions League, Guardiola, Champions League, Real Madrid, Etihad, Chelsea, England, Globe, CNN Sport, Manchester, Premier League Rules, Abu Dhabi United Group, Liverpool, Copenhagen, Tottenham Locations: Dubai, , Stockport, Greater Manchester, Real, overshadows, Anfield
The show focuses on the schism between the novelist Truman Capote, played by Tom Hollander, and the coterie of New York City socialites he befriended. Some of the society fixtures, whom Capote referred to as his “swans,” are played by a distinguished cast: Barbara “Babe” Paley (Naomi Watts), Nancy “Slim” Keith (Diane Lane), C. Z. Guest (Chloë Sevigny), Lee Radziwill (Calista Flockhart), Joanne Carson (Molly Ringwald) and Ann Woodward (Demi Moore). The series is based on “Capote’s Women,” a 2021 book by Laurence Leamer. The Times’s Charlotte Curtis reported that “international Who’s Who of notables” attended including Frank Sinatra, Mia Farrow and the Maharani of Jaipur.
Persons: FX’s, , Truman Capote, Tom Hollander, Barbara “ Babe ” Paley, Naomi Watts, Nancy “ Slim ” Keith, Diane Lane, Chloë Sevigny, Lee Radziwill, Joanne Carson, Molly Ringwald, Ann Woodward, Demi Moore, Laurence Leamer, Capote, Charlotte Curtis, Frank Sinatra, Mia Farrow Organizations: Swans, New, New York City, Esquire, Museum of Modern Locations: New York, Jaipur
PARIS (AP) — An air of surrealism enveloped Chanel’s Spring Couture show Tuesday as celebrity guests including Naomi Campbell and Kendrick Lamar faced a navigational challenge: walking past a towering pair of open metal scissors. Here are some highlights of Tuesday’s spring couture shows:BUTTONS AND BALLETThe button is a humble icon, but it was not always so. Viard used the button-jewels as a spice for the drama of the ballet stage, scattering them across contrasting and often segmented silhouettes. The house was keenly aware of its history: 2024 marks a century since Coco Chanel first ventured into ballet design. In a world that often seeks the innovative, Mabille reminds us of the enduring allure of classic couture.
Persons: Naomi Campbell, Kendrick Lamar, Baz Luhrmann, Gabrielle “ Coco ” Chanel, , Virginie Viard, Viard, Coco Chanel, Léon Bakst, Sergei Diaghilev, Chanel, ” Viard, Karl Lagerfeld, didn’t, Margaret Qualley, Andie MacDowell, Dave Free, Barbra Streisand’s, , Rue, Anna Mouglalis, Alexis Mabille Organizations: PARIS, Palais, Russes, Rue Cambon Locations: Paris
PARIS (AP) — Paris Men’s Fashion Week, ending Sunday, has witnessed a striking dichotomy of styles. Here are some highlights of fall-winter 2024 men's shows:SACAI’S BOLD WARRIOR CHICAs the sun set on Paris Menswear Week, Sacai, Japan’s commercial juggernaut in the fashion world, delivered imaginatively. This season’s Paris Men’s Fashion Week traveled from the elegantly understated to the boldly expressive. In contrast with this muted luxury, Balmain made a striking comeback to men’s fashion with a lineup that screamed opulence. Menswear week showcased the dual nature of men’s luxury fashion, oscillating between the quietly sophisticated and the unapologetically extravagant.
Persons: Chitose Abe, Abe’s, WOOYOUNGMI’S, Naomi Campbell, Rick Owens, Owens, Jamie Dornan, Zayn Malik gracing, Loewe, Louis Vuitton, Yohji, Wim Wenders, Norman Reedus, Zinédine Zidane Organizations: PARIS, Paris, AMI, Balmain Locations: Paris, Paris Seoul, PARIS
What books are on your night stand? “Everything/Nothing/Someone” by Alice Carrière, “Everything’s Fine” by Cecilia Rabess, “The Drama of the Gifted Child” by Alice Miller, “Small Things Like These” by Claire Keegan, “Severance” by Ling Ma, “The Future” by Naomi Alderman. What books are you embarrassed to admit you’ve never read? I’m all about emotion and beauty of the language over intellect. I want to weep, not take notes.
Persons: Alice Carrière, Cecilia Rabess, Alice Miller, , Claire Keegan, “ Severance, Ling Ma, Naomi Alderman, What’s, Sting ”, Paul Murray, Read, you’ve, , Ulysses
"American Nightmare" examines the 2015 kidnapping of Denise Huskins. AdvertisementIn 2015, a man broke into the Mare Island, California, home of Aaron Quinn, kidnapped his girlfriend Denise Huskins, and held her hostage for two days. On March 23, 2015, Quinn, then 30, reported that a man in a wetsuit brandishing a Taser had drugged him and then kidnapped Huskins. Denise Huskins and Aaron Quinn married in 2018 and have two daughtersAaron Quinn and Denise Huskins on their wedding day in 2018. Denise Huskins/InstagramDenise Huskins and Aaron Quinn stayed together after enduring the disturbing ordeal and tried to move on with their life.
Persons: Denise Huskins, Huskins, Quinn, , Aaron Quinn, Matthew Muller, Vallejo, Gillian Flynn's, Mr, Kenny Park, Muller, Miller, Quinn didn't, Shawny Williams, Williams, Netflix docuseries, Apiros, Olivia, Naomi Organizations: Service, Netflix, Local, Vallejo Police Department, Business, Vallejo Police, ABC7, Police Locations: Mare Island , California, Huntington Beach, Vallejo, Coast
Kate Moss at 50: A supermodel through the decades
  + stars: | 2024-01-16 | by ( Amy Woodyatt | ) edition.cnn.com   time to read: +7 min
CNN —British supermodel Kate Moss turns 50 today — and she remains as much a cultural icon as when she emerged as a breakout star more than three decades ago. Johnny Green/PA/Getty Images Kate Moss and her then-boyfriend, the actor Johnny Depp, attend the Golden Globe Awards in 1995. Dave M. Benett/Getty Images Kate Moss and Jamie Hince pose with bridesmaids after getting married on July 1, 2011 in Southrop, England. Jewel Samad/AFP/Getty Images Moss arrives for a screening of the movie "Loving" at the 2016 Cannes Film Festival. Scroll through the gallery above to see some of the most memorable moment’s from Kate Moss’ life and career.
Persons: Kate Moss, Moss, it’s, , Corinne Day, Cindy Crawford, Naomi Campbell, Claudia Schiffer, Chanel, Calvin Klein, Johnny Green, Johnny Depp, Ron Davis, Pierre Verdy, Donatella Versace, De, UPPA, Zuma Moss, Pete Doherty, MJ Kim, Alexander McQueen's, Andy Paradise, Banksy, Andy Warhol's, Marilyn Monroe, Carl De Souza, Marc Jacobs, Patrick McMullan, Mario Testino, Kate Who, Dave M, Jamie Hince, bridesmaids, Neil Mockford, Stella Tennant, Lily Cole, Karen Elson, Jourdan Dunn, David Gandy, Jewel Samad, Antonin Thuillier, Stella McCartney, Chris Joseph, Louis Vuitton's, Peter White, Lila, Princess Eugenie of York, Jack Brooksbank, George's, Alastair Grant, Stephane De Sakutin, Amber Valletta, Daniele Venturelli, Amber Heard, Evelyn Hockstein, Jamie McCarthy, David Bailey, Kate, ” Moss, Jefferson Hack, Marc Quinn, Lucian Freud, Johnny Cash, Paul McCartney, Elton John Organizations: CNN, Vogue, Burberry, British Vogue, Getty, Globe, Glastonbury Music, Olympic, London, Louis, Milan, BBC, Forbes, Stripes Locations: British, South London, Croydon, London, Couture, Paris, AFP, Glastonbury, New York City, Southrop, England, St, Windsor , England, Fairfax, Fairfax , Virginia, Arizona, Egypt
CNN —Naomi Osaka’s return to grand slam tennis ended in a first-round defeat against Caroline Garcia at the Australian Open. Osaka, a two-time champion in Melbourne, was competing in her first grand slam tournament in more than a year when she fell to Garcia 6-4 7-6(7-2) on Monday. But the 30-year-old Garcia produced an assured performance against the four-time grand slam champion, hitting 13 aces – including two in the second-set tie-break – and 34 winners. This was Osaka's first grand slam appearance since the US Open in 2022. Phil Walter/Getty ImagesPrior to the Australian Open, Osaka marked her return to tennis with a victory against Germany’s Tamara Korpatsch.
Persons: Naomi Osaka’s, Caroline Garcia, Garcia, Rod Laver, Osaka’s, Edgar Su, ” Osaka, Magdalena Fręch, Phil Walter, Germany’s Tamara Korpatsch, Karolína Plíšková, Organizations: CNN, Rod Laver Arena, Osaka, Reuters, Getty, Australian, Brisbane International Locations: Osaka, Melbourne, Polish, Czech,
Folks in Canada and the UK, we've found the cheapest options for you, too, or we can help you tune into that free Australian coverage. How to watch Australian Open live streams free from anywhereIf you want free access to all of this year's Australian Open, then there's an excellent option direct from the source on the Australian 9Now streaming service. Watch the Australian Open. How to watch the Australian Open in the USAESPN has the rights to live stream the Australian Open in the USA. How to watch the Australian Open in the UKYou'll find the Australian Open live streams on Eurosport in the UK.
Persons: we've, You'll, you'll, Alcaraz, Djokovic, Emma Raducanu, Coco Gauff, Naomi Osaka, ExpressVPN Organizations: ESPN, Nations, Six Nations, USA ESPN, Hulu, Disney, Eurosport, Amazon Prime Locations: Australian, Canada, Australia, USA, Fubo
In 2005, I visited Japan for work and ended up meeting my wife, with whom I have two boys and a girl. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs biracial Japanese stars such as Rui Hachimura and Naomi Osaka shine on the world stage, being Black and Japanese is having a moment. AdvertisementTheir lives include a mix of Japanese and Black cultureOur tranquil suburban enclave in Saitama, which I call the "New Jersey of Japan," offers my children a typical Japanese lifestyle. And like other kids in Japan, they frequent the mall, savor ramen and melon pan, and belt out tunes at karaoke.
Persons: , Rui Hachimura, Naomi Osaka, shoji, Finn Organizations: Service, Japan Exchange, YouTube Locations: Japan, Saitama, Jersey, Tokyo
In Germany, kids are given a lot of independence and they go outside all year. Cargo bikes, which have large baskets or carts, are particularly popular among German families with young kids. In Germany, kids are independent at a young ageGermany has been a culture shock for me when it comes to kids' levels of independence. Preschool isn't super academic focused — and kids learn about taking care of their teethMany kids brush their teeth in German preschools. AdvertisementAnd, in German preschools, kids are taught about dental hygiene.
Persons: I've, , It's, Elva Etienne Organizations: Service, Child Protective Services Locations: United States, Germany
PASADENA, Calif. (AP) — Audra McDonald will serve as grand marshal of the 135th Rose Parade next year. “As a California kid raised in Fresno — very proud to be from Fresno — the new year was always ushered in with the Rose Bowl,” McDonald said. McDonald will be part of the coin flip for the 110th Rose Bowl game later that day. Those barriers have been broken down so I can walk through.”McDonald was joined on the outdoor stage by members of the Rose Court, including 2024 queen Naomi Stillitano. “I was very pleased to see just how beautiful and diverse the court is,” McDonald said.
Persons: — Audra McDonald, ” McDonald, , Tony, McDonald, “ I’m, , Naomi Stillitano, ” She's, Alex Aghajanian, Sandra Day O'Connor Organizations: 135th Rose Parade, House, Rose, 110th Rose Bowl Locations: PASADENA, Calif, Pasadena, California, Fresno, Colorado
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
For much of this year central banks have successfully pushed back against rate cut bets. "I believe the Fed will act rationally and begin to cut rates by the end of next year, but we can't rule out the scenario that the Fed is not going to cut rates and just let the ramifications of recession do what they do." Reuters GraphicsSHIFT NEARINGMarkets now fully price in a 25 basis point U.S. rate cut in May, having seen a 65% chance earlier this week. "There are now committee members in all three (banks) willing to talk about rate cuts next year," said Chris Jeffery, head of rates and inflation strategy at LGIM. "The ECB should begin to ease policy as soon as April 2024, with risks that a more sinister downturn in growth could warrant a rate cut as soon as March," he said.
Persons: Jonathan Ernst, ramping, It's, Nate Thooft, Goldman, Christopher Waller, Huw Pill, Yannis Stournaras, Chris Jeffery, we'd, Dario Perkins, Simon Harvey, Yoruk, Naomi Rovnick, Harry Roberston, Davide Barbuscia, Ira Iosebasvili, Saqib Iqbal Ahmed, Dhara Ranasinghe, Catherine Evans Organizations: . Federal, REUTERS, ECB, U.S . Federal Reserve, European Central Bank, Manulife Investment Management, Treasury, Graphics, Bank of England, Deutsche, Lombard, Traders, Yoruk Bahceli, Thomson Locations: Washington, United States, Europe, Goldman Sachs, Greek, Amsterdam, London
MSCI's world stock index (.MIWO00000PUS) is set to close the month up around 9%, its best performance since November 2020, when markets cheered the arrival of COVID-19 vaccines. Global bond prices have soared, with an ICE BofA index of global investment-grade bonds in major markets set to return 3.4% in November, the best month on record going back to 1997. Global growth stocks in high-tech sectors are up 11% (.dMIWO0000GNUS) while value stocks, which are mainly in cyclical industries and offer high dividends, have gained 6.5% (.dMIWO0000VNUS). And a cloudier outlook for stocks suggests a divergence could open up between again between stocks and bonds. The broader global index is set to return 1.6% for the year.
Persons: Joshua Roberts, That's, bode, Altaf Kassam, Wall, We've, Guy Miller, Joost Van Leenders, Van Lanschot Kempen, Van Leenders, Kassam, Naomi Rovnick, Yoruk Bahceli, Dhara Ranasinghe, Christina Fincher Organizations: Federal Reserve, REUTERS, U.S . Federal Reserve, European Central Bank, State Street Global Advisors, Traders, Fed, Insurance Group, Equity, Reuters Graphics Reuters, Treasury, Thomson Locations: Washington , U.S, COVID, U.S
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