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CNN —A federal appeals court in Washington, DC, on Wednesday allowed a prediction market to offer election betting, denying a government watchdog’s request to halt a ruling that made way for legal political gambling in the United States. It is unclear whether the New York-based startup will launch more election markets. “US presidential election markets are legal. Because the sources of information that election markets absorb can be “opaque and unreliable,” like polls with undisclosed methodologies or fake news reports, Schwartz suggested that they can be uniquely susceptible to manipulation. While the legal dispute with Kalshi plays out, the CFTC has also embarked on a broader clampdown on events-based betting.
Persons: ” “, Patricia Millett, , ” Kalshi, Jia Cobb, Tarek Mansour, X, Stephen Hall, ‘ deepfakes, Kalshi, , Rob Schwartz, Schwartz, Yaakov Roth, ” Roth, Rostin Behnam Organizations: CNN, Senate, Futures Trading Commission, DC, Appeals, US, DC Circuit, Kalshi, CFTC, Better Locations: Washington ,, United States, New York, Washington,
No, the tech that’s going to save humanity will be powered by the tech that very nearly destroyed it. The tech industry’s solution, for now, is nuclear energy, which is more stable than wind or solar and is virtually carbon-emission-free. Amazon is working on putting a data center campus right on the site of a Talen Energy nuclear power plant in Northeast Pennsylvania. And while AI doomer predictions often get brushed off as alarmist forecasts, you can’t as readily dismiss the folks who are concerned about nuclear energy. Bottom line: There’s no AI future without a serious uptick in our power supply, which makes the expansion of nuclear power practically unavoidable.
Persons: CNN Business ’, Sam Altman, Peter Thiel, Anna Erickson, Organizations: CNN Business, New York CNN, Nvidia, International Energy Agency, JPMorgan, Microsoft, Energy, Financial Times, Founders Fund, Georgia Tech, Big Locations: New York, Harrisburg , Pennsylvania, Northeast Pennsylvania, Idaho, Big Tech
Learn moreThe Real Housewives of New York City are back for a 15th season, and this year is shaping up to be just as exciting as the last. How to watch The Real Housewives of New York in the USThe Real Housewives of New York airs Tuesdays at 9 p.m. Cord-cutters hoping to live stream new episodes can do so with the help of live TV packages like Sling TV, DirecTV Stream, or Fubo. This grants subscribers access to all 14 past seasons and most other Real Housewives series, so there's a massive back-catalog of programming for Bravo fans. Check price at ExpressVPNHow to watch The Real Housewives of New York with a VPNSign up for a VPN if you don't already have one.
Persons: Sai De Silva, Ubah Hassan, Erin Lichy, Jenna Lyons, Jessel Taank, Racquel, we've, Fubo, Peacock, ExpressVPN Organizations: Business, Housewives, New, Real Housewives, New York, Bravo, DirecTV, DirecTV Stream, NBC Locations: New York City, New York, York, United States, USA
Learn moreFresh off of last month's presidential debate, JD Vance and Tim Walz will meet tonight to debate and showcase their skills as prospective vice presidents. We've combed through all of the global watch options and identified everything you need to know about how to watch the vice presidential debate, including free streaming options. Keep reading to learn how to watch tonight's debate, including how to live stream the event without cable. How to watch the vice presidential debate in the USThe vice presidential debate will air on CBS on Tuesday, October 1, at 9 p.m. ET/6 p.m. PT in the US. How to watch the vice presidential debate in the UKAs was the case with the presidential debates, the VP debate will be simulcast on BBC News in the UK.
Persons: JD Vance, Tim Walz, We've, Norah O'Donnell, Margaret Brennan, Donald Trump, Vance, Joe Biden, Kamala Harris, Harris, Walz, Fubo, ExpressVPN Organizations: Business, CBS, Longtime CBS, Paramount, DirecTV, CBS News YouTube, Showtime, NFL, Nickelodeon, Comedy Central, BET, MTV, DirecTV Stream, ABC, FOX, NBC, CNN, BBC News, BBC, YouTube Locations: New York, Ohio, Minnesota
Below, we've compiled everything you need to know about where to watch the Las Vegas Aces vs. New York Liberty, whether you have cable or are looking for live streaming options. The Las Vegas Aces head to Brooklyn for the second game of the WNBA semi-finals. The options we highlight will also allow you to watch the Connecticut Sun vs. Minnesota Lynx game that immediately follows the Aces vs. Liberty match-up. Where to watch Las Vegas Aces vs. New York Liberty in the USThe Las Vegas Aces vs. New York Liberty game will air on ESPN2 on Tuesday at 7:30 p.m. Check price at FuboHow to watch Las Vegas Aces vs. New York Liberty from anywhereIf you're traveling away from home at tip off, you can still watch the Aces vs. Liberty game through your streaming subscriptions with the help of a virtual private network or VPN.
Persons: Fubo, ExpressVPN Organizations: Business, WNBA, Las Vegas Aces, . New York Liberty, The New York Liberty, Aces, Las Vegas, New York Liberty, Liberty, Connecticut Sun, . Minnesota Lynx, ESPN2, US, DirecTV, ESPN, ESPN3, DirecTV Stream Locations: Brooklyn, Las Vegas
Israel launched a "limited" ground offensive in Lebanon after killing a top Hezbollah leader in airstrikes. Foreign policy experts said Israeli Prime Minister Benjamin Netanyahu and the US don't see each other as reliable partners. The ground offensive came after a series of airstrikes on September 27 that killed Hezbollah's longtime chief, Hassan Nasrallah, a major victory for Israeli Prime Minister Benjamin Netanyahu. AdvertisementHe added that the prime minister may also consider the US an unreliable partner. AdvertisementRepresentatives for the State Department and the Israeli prime minister's office did not respond to requests for comment from Business Insider.
Persons: Israel, Benjamin Netanyahu, , Hezbollah's, Hassan Nasrallah, Netanyahu, Israel's, Chuck Freilich, Barack Obama's, Benjamin Radd, Joe Biden's, Radd, Donald Trump, Biden weren't, Sean McFate, Bibi, McFate, Nasrallah, Biden Organizations: Service, Israel Defense Forces, Israeli, Hamas, Columbia University, UCLA Center for Middle East Development, Syracuse University, Reuters, State Department, Business Locations: Lebanon, Iran, Israel, Gaza, America, Rafah
Israel launched a "limited" ground offensive in Lebanon after killing a top Hezbollah leader in airstrikes. Foreign policy experts said Israeli Prime Minister Benjamin Netanyahu and the US don't see each other as reliable partners. The ground offensive came after a series of airstrikes on September 27 that killed Hezbollah's longtime chief, Hassan Nasrallah, a major victory for Israeli Prime Minister Benjamin Netanyahu. AdvertisementHe added that the prime minister may also consider the US an unreliable partner. AdvertisementRepresentatives for the State Department and the Israeli prime minister's office did not respond to requests for comment from Business Insider.
Persons: Israel, Benjamin Netanyahu, , Hezbollah's, Hassan Nasrallah, Netanyahu, Israel's, Chuck Freilich, Barack Obama's, Benjamin Radd, Joe Biden's, Radd, Donald Trump, Biden weren't, Sean McFate, Bibi, McFate, Nasrallah, Biden Organizations: Service, Israel Defense Forces, Israeli, Hamas, Columbia University, UCLA Center for Middle East Development, Syracuse University, Reuters, State Department, Business Locations: Lebanon, Iran, Israel, Gaza, America, Rafah
Impulse SpaceLos Angeles-based space startup Impulse, which is led by renowned rocket specialist Tom Mueller, has raised $150 million in a new fundraising round led by venture capital firm Founders Fund. University of IdahoImpulse flew its first mission, called LEO Express-1, with a Mira vehicle carrying and deploying a small satellite. A wide swath of venture investors joined the company's $150 million round including: Airbus Ventures, Alumni Ventures, Balerion Space Ventures, Lux Capital, RTX Ventures, Spring Tide, Tamarack Global, 137 Ventures, DCVC, Elysium, First Principles Group, Island Green, Overmatch and Trousdale Ventures. A Mira vehicle in orbit during the LEO Express-1 mission that launched November 2023, with several pairs of its Saiph thrusters visible. "There's a lot of cost and efficiency to be gained … [with] a reliable solution for any customer who wants to move things around in space," Mueller said.
Persons: Tom Mueller, Elon Musk, Mueller, Helios, Mira, we're, there's, SpaceX Organizations: Fund, Mueller, SpaceX, CNBC, University of Idaho, University of Idaho Impulse, LEO, Impulse, U.S . Space Force, Airbus Ventures, Ventures, Balerion Space Ventures, Lux, RTX Ventures, Trousdale Ventures, GEO, Rocket Lab, NASA Locations: Los Angeles, Beach, Redondo Beach , California
Learn moreThe 2024 MLB Playoffs are here, and the month-long run-up to the World Series kicks off with a slate of Wild Card games. Whether you're looking to live stream a game or you just want to know what channel it's on, we've got you covered. How to watch the MLB Playoffs in the USThe MLB Playoffs will be spread across several networks: ABC, ESPN, ESPN2, FOX, FS1, and TBS. However, many ABC MLB games are simulcast on ESPN3 (which comes with Sling) and several FOX MLB games, with the exception of the World Series, are simulcast on FS1. Sling TV Subscription For just the essentials without any extra fluff, Sling TV is the streaming service you're looking for.
Persons: We've, They're, we've, Fubo, ExpressVPN Organizations: Business, Card, MLB, The Milwaukee Brewers, New York Yankees, Cleveland Guardians, Los Angeles Dodgers, Philadelphia Phillies, Houston Astros, Baltimore Orioles, San Diego Padres, Detroit Tigers, Kansas City Royals, New York Mets, Atlanta Braves, Brewers, Yankees, Guardians, Dodgers, ABC, ESPN, ESPN2, FOX, TBS, Sling, ABC MLB, ESPN3, FOX MLB, DirecTV, Entertainment, DirecTV Stream, DirecTV Fubo, TNT, CNN, Warner Bros, Fubo
Flowserve supplies fluid motion controls and instrumentation to nuclear plants, with that side of the business currently accounting for about 5% of total revenue. TD Cowen sees 11% upside for Flowserve with a stock price target of $57. TD Cowen sees a big opportunity servicing nuclear reactors for maintenance, repair, advanced diagnostics and retrofitting. "This is especially pertinent for the U.S. market, given it has the largest amount of existing nuclear reactors in the world," Giordano told clients. Nuclear plants with the equivalent of 85 gigawatts of capacity are in various stages of shutdown across the U.S. and Europe, according to TD Cowen.
Persons: TD Cowen, Cowen, Joe Giordano, " Giordano, Flowserve, Giordano Organizations: Flowserve, Constellation Energy, U.S Locations: Michigan, Pennsylvania, Europe
“It’s clear enemies of Israel,” she said, referring to those whom Israel says it is targeting. The next day, an explosion in a Tehran government guest house killed Hamas’ political leader, Ismail Haniyeh. But that scheme drew withering criticism from national security veterans and was finally quashed when Israel escalated the war in Lebanon. Jalaa Marey/AFP/Getty ImagesBroader political supportNadav Shtrauchler, a political strategist who has worked closely with Netanyahu, told CNN that bringing Sa’ar into government was intended to have three effects. Finally, he told CNN, broader political support is important as the war with Hezbollah escalates, and the possibility of a ground invasion looms.
Persons: Israel CNN —, Minister’s Benjamin Netanyahu’s, , Netanyahu, pollster, Dahlia Scheindlin, , Amir Cohen, Israel, Hezbollah’s, Fu’ad, Ismail Haniyeh, Hassan Nasrallah, Gideon Sa’ar, Sa’ar, ” Netanyahu, Yoav Gallant, Gideon Sa'ar, Jalaa Marey, Nadav, Sa’ar –, , Itamar Ben, Gvir, ” Shtrauchler, Netanyahu “, Gallant, ” Scheindlin, Benny Gantz, ” Gantz, toasting Organizations: Israel CNN, Hamas, Likud, Israel’s, CNN, Reuters, Revolutionary Guards, Getty, National, Israel Defense Forces ’ Locations: Tel Aviv, Israel, Lebanon, Gaza, Syria, Beirut, Tehran, Yemen, AFP, Sa’ar
We've put together everything you need to know about how to watch the Seahawks vs. Lions, including free Monday Night Football streaming options. Below, you can find all the details on how to watch the Seahawks vs. Lions. How to watch Seahawks vs. Lions in the USThe Seahawks vs. Lions game will air on ABC at 8:15 p.m. Check price at FuboHow to watch Seahawks vs. Lions in the UKWhile most UK coverage of the NFL requires a DAZN Game Pass subscription, Monday Night Football airs free on Channel 5 in the UK. Viewers can catch the Seahawks vs. Lions game by creating a free My5 account.
Persons: We've, ExpressVPN Organizations: Business, Seattle Seahawks, Lions, Seahawks, . Lions, Seattle, NFC, San Francisco 49ers, The Lions, Buccaneers, Rams, Cardinals, NFL, US, ABC Locations: Detroit
DirecTV agrees to buy Dish for $1
  + stars: | 2024-09-30 | by ( Jordan Valinsky | Ramishah Maruf | Liam Reilly | ) edition.cnn.com   time to read: +4 min
New York CNN —DirecTV announced Monday it’s buying rival Dish Network, ending multiple decades of on-and-off talks about the satellite services merging. The agreement provides DirecTV and Dish with greater scale, a DirecTV spokesperson told CNN. The newly merged DirecTV-Dish entity will continue to support the Dish brand for the foreseeable future, the DirecTV spokesperson said. DirecTV does not currently have plans to make changes to the existing Dish or Sling TV brands, meaning that current Dish customers should not be concerned about being forced over to DirecTV. The deal also strengthens the duo’s foothold in the industry, allowing them to more easily compete with pay TV rivals and streaming services.
Persons: Charlie Ergen, Mike White, Echostar, Hughes, Organizations: New, New York CNN, DirecTV, Dish Network, Netflix, Hulu, Amazon’s, Dish, , TPG, T, CNN, Disney, Hughes Electronics, EchoStar Corporation, Bloomberg, General Motors, Monday, Antitrust Locations: New York
With some ground-based communications in tatters from the storm, Starling said the stations had resorted to using SpaceX’s satellite internet service Starlink to remain online. In the wake of the storm, WWNC and other local news outlets region produced indispensable service journalism as communities reeled from the disaster. During WWNC’s marathon live broadcast, listeners were urged to keep the faith and have patience, since the recovery effort will take weeks. Wilson told CNN, “We’ve had people calling all day long trying to locate other people.”Starling said the radio network’s live coverage began on Thursday as Helene approached Florida’s Gulf Coast. We’re all neighbors.”Starling laughed on air about looking forward to seeing his local Amazon delivery driver once again.
Persons: Paul, ” Paul, iHeart, Mark Starling, , Starling, Eddie Foxx, Ashley Wilson, Wilson, couldn’t, Helene, ” Foxx, Foxx, , “ We’ve, ” Starling, hadn’t, We’re, Mark, Apple Crisp, ” Wilson Organizations: CNN, Radio, iHeartMedia, Sunday, Asheville Citizen, Times, Public Radio, Apple Locations: North Carolina, tatters, Asheville, Charlotte, New Orleans, , Florida’s Gulf Coast, Georgia
—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: Katie Stockton Organizations: Nvidia, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: NVDA
(Harris, 59, is herself among the youngest baby boomers, born in 1964, the last year that’s considered part of the generation.) Smith and her husband have struggled to stretch their monthly Social Security income of around $4,000 as their costs have increased. The average Social Security check was around $2,000 at the start of the year and adjusts annually for inflation. About half of Social Security recipients make enough income to have their benefits taxed, according to the Social Security Administration. Polls show a tightening race between Trump and Harris among seniors, with Harris appearing to pick up support compared to Biden.
Persons: Teresa Smith, Smith, Donald Trump, Joe Biden, Kamala Harris, she’s, , he’d, “ He’s, Harris, that’s, Mitt Romney, Barack Obama, , Bob Ward, Fabrizio Ward, Biden, hasn’t, ” Trump, Medicare —, Walz, Seth Schuster, Trump, Phil Martin, Martin, Pam, “ Trump’s, Denise Meyer, ” Meyer, Kamala, Gary Schlossberg, Dick Edgecombe, Edgecombe, we’re, Gary Allen, Allen, Kristen Soltis Anderson Organizations: White House, Democratic, Trump, Republicans, Biden, AARP, Social Security, Social, Social Security Administration, Medicare, Pew Research Center, NBC, FedEx, Wells, Investment Institute, Republican, Locations: Georgia, North Carolina, Charlotte, Wells Fargo, , Pennsylvania, Pittsburgh, , Michigan
Learn moreThe Walking Dead: Daryl Dixon returns for a second season with The Book of Carol. We've put together everything you need to know about how to watch The Walking Dead: Daryl Dixon from anywhere, including a free streaming option. How to watch The Walking Dead: Daryl Dixon in the USThe Walking Dead: Daryl Dixon's second season, The Book of Carol, airs Sunday nights at 9 p.m. How to watch The Walking Dead: Daryl Dixon in AustraliaNew Book of Carol episodes of The Walking Dead: Daryl Dixon will be available to stream through Stan in Australia at the same that they air in the US. How to watch The Walking Dead: Daryl Dixon in New ZealandThe Walking Dead: Daryl Dixon is available to stream for free on TVNZ in New Zealand.
Persons: Daryl Dixon, Carol, We've, Norman Reedus, he's, Carol Peletier, Melissa McBride, Carol —, Daryl, we'll, Daryl Dixon's, Philo, Stan, we've, ExpressVPN Organizations: Business, AMC, Sling, TVNZ, US Locations: France, Australia, New Zealand, Stan
The survey of 1,000 Latino likely voters found the Democratic presidential candidate, Vice President Kamala Harris, leading the Republican candidate, former President Donald Trump, by 54% to 40%. Harris's 14-point lead is the narrowest margin for a Democratic candidate among surveyed Latino voters in at least the past four elections, going back to 2012. All of these groups rate the economy poorly, with Latino voters overall about as downbeat on the economy as the rest of the country. While that's about equal to the rest of the population, it stands 11 points higher than in the NBC 2022 Latino survey. Here is a demographic profile of Latino voters from the NBC/CNBC/Telemundo survey:
Persons: Donald Trump, Kamala Harris, Joe Biden, Hillary Clinton, Aileen Cardona, Arroyo, Micah Roberts, Republican pollster, Harris, Trump, Harris's, Biden, That's, it's Organizations: Republican, Democratic, National Constitution Center, Republicans, NBC, CNBC, Telemundo, Trump, Hart Research, America Economic Survey Locations: Philadelphia , Pennsylvania, America
Learn moreThe WNBA Semifinals kick off on Sunday with an Aces vs. Liberty match-up in New York, a repeat of the 2023 Championship. We've put together everything you need to know about where to watch the Las Vegas Aces vs. New York Liberty, including when the game tips off and how to live stream it without cable. The Las Vegas Aces beat the New York Liberty last year 3-1 in the Finals, giving the Aces their second Championship title in a row. Where to watch Las Vegas Aces vs. New York Liberty in the USGame 1 of the Las Vegas Aces vs. New York Liberty semifinals will air on ABC in the US. Check price at ExpressVPNHow to watch Las Vegas Aces vs. New York Liberty with a VPNSign up for a VPN if you don't already have one.
Persons: We've, A'ja Wilson, they've, Breanna Stewart, we've, Fubo, ExpressVPN Organizations: Business, Aces, Liberty, Las Vegas Aces, . New York Liberty, New York Liberty, Connecticut Sun, . Minnesota Lynx, ABC, DirecTV, ESPN, ESPN2, DirecTV Stream Locations: New York, Vegas
Below, we've put together everything you need to know about how to watch the Chiefs vs. Chargers, whether you have cable or are hoping to live stream the game. For updated info on tuning into the entire season, bookmark our how to watch NFL games streaming guide. How to watch Chiefs vs. Chargers in the USThe Chiefs vs. Chargers game kicks off on CBS Sunday at 4:25 p.m. Upgrade to Paramount+ with Showtime for $13/month for 24/7 CBS live streaming abilities and ad-free on-demand content. Check price at DAZNHow to watch Chiefs vs. Chargers from anywhereNFL fans traveling abroad don't need to worry about missing any games.
Persons: we've, Fubo, ExpressVPN Organizations: Business, Kansas City Chiefs, Chargers, Chiefs, . Chargers, Baltimore Ravens, Cincinnati Bengals, Atlanta Falcons, The Chargers, Super, Kansas City, Los, NFL, US, CBS, Paramount, Showtime, Nickelodeon, Comedy Central, BET, MTV, DirecTV, DirecTV Stream Locations: Los Angeles, United States, China
Keep reading to learn everything you need to know about where to watch Georgia vs. Alabama, including cable and live streaming options. The Georgia vs. Alabama game is scheduled to kick off on Saturday at 7:30 p.m. Where to watch Georgia vs. Alabama in the USESPN+ is your cheapest possible streaming option today. The service carries select ABC games, including today's Georgia vs. Alabama game, in addition to select ESPN offerings. Check price at ExpressVPNHow to watch Georgia vs. Alabama with a VPNSign up for a VPN if you don't have one.
Persons: we've, It's, There's, ExpressVPN Organizations: Business, SEC, Crimson Tide, Georgia, Rose Bowl ., Bulldogs, . Alabama, . Georgia, ABC, Alabama, ESPN, MLB, NHL, NFL, UFC, Hulu, Disney Plus, Sling, DirecTV, CBS, DirecTV Stream Locations: Tuscaloosa, Alabama, Georgia, Rose Bowl . Georgia, ., Michigan, Texas
AdvertisementJohn Hussman, the president of the Hussman Investment Trust who called the 2000 and 2008 market crashes, isn't shy about his characterization of the current market environment. The first piece of evidence Hussman cites is valuation, specifically the total market cap of non-financial stocks to total value added of those stocks. He predicted in 2000 that the S&P 500 would likely see negative total returns over the following decade, which it did. He predicted in April 2007 that the S&P 500 could lose 40%, then it lost 55% in the subsequent collapse from 2007 to 2009. The S&P 500, by comparison, is up about 32% over the past year.
Persons: John Hussman, , It's, Mike Wilson, Michael Kantrowitz, Lance Armstrong, Hussman, Armstrong, David Walsh Organizations: Service, Hussman Investment Trust, Tour de France, Hussman, Intelligence, Labor Locations: Irish
The U.S. needs to add 200 gigawatts of nuclear, Goff told CNBC in an interview. “A lot of the data centers are coming in and saying they do need firm, 24/7, baseload clean electricity,” Goff said. But restarting reactors in the U.S. will only provide a small fraction of the nuclear power that is needed, he said. From coal to nuclearCoal communities across the U.S. could provide a runway to build out a large number of new nuclear plants. Between coal and nuclear sites, the U.S. potentially has space for up to 269 gigawatts of additional nuclear power.
Persons: Mike Goff, Goff, , ” Goff, Goldman Sachs, , “ It’s, Doug True Organizations: of Nuclear Energy, Department of Energy, U.S, CNBC, Bank of America, Microsoft, DOE, Holtec, Palisades, Nuclear Regulatory Commission, Nuclear Energy Institute Locations: U.S, New York City, Georgia, Michigan
This week, Putin once again rattled the arms-control world by revealing proposed changes to his country’s nuclear doctrine. “In the current version of Russia’s nuclear doctrine, there is no distinction between an aggression by nuclear- and non-nuclear-weapon state,” he wrote. “There are two noteworthy points of departure from the previous 2020 Russian military doctrine,” she wrote on X. “2020 doctrine allowed the use of NW [nuclear weapons] in response to conventional aggression that jeopardizes the very existence of the state. And the results of Zelensky’s visit to the US may soon tell us whether anyone in Washington is listening to Putin’s nuclear talk.
Persons: Vladimir Putin, Putin, Volodymyr Zelensky, Biden, Pavel Podvig, , ” Podvig, , Mariana Budjeryn, Harvard Kennedy, Alexander Nemenov, Budjeryn, Kristin Ven Bruusgaard, ” It’s, Ven Bruusgaard Organizations: CNN, Kremlin, Council, Russian Federation, , Harvard, Getty, Norwegian Intelligence School Locations: Ukraine, Russia, Moscow, Washington, USSR, United States, ” Moscow, AFP, Russian
Spitznagel thinks they should focus instead on lagging drivers that could spur a sharp stock downturn. Advertisement"Black Swan" investor Mark Spitznagel thinks that the stock market's streak of record highs is distracting from a more jarring reality that could come by year-end. In a recent interview with Bloomberg TV, he said investors are currently enjoying a market that's in a "Goldilocks zone." "When the yield curve disinverts and then unverts, the clock starts ticking and that's when you enter black swan territory," Spitznagel told Bloomberg. He has warned of a stock market crash since January 2023, and back in July, he said the market's yearslong rally has become the "greatest bubble in human history," and its bursting would make for a recession.
Persons: Stocks, they've, Mark Spitznagel, Spitznagel, , That's, capitalizes Organizations: Service, Bloomberg TV, Bloomberg, Universa Investments
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