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☆ Safe-haven gold breaks $2,700 per ounce level as uncertainty looms
▼ + stars: | 2024-10-18 | by ( ) www.cnbc.com time to read: +2 min

Spot gold firmed 0.5% to $2,706.76 per ounce by 0220 GMT, adding nearly 2% so far in the week. U.S. gold futures rose 0.5% to $2,722.00. It's just a bull market that shows no signs of exhaustion," said Tai Wong, a New York-based independent metals trader. Spot silver rose 0.5% to $31.92 per ounce and was headed for a weekly gain. Elsewhere, data showed that top metals consumer China's economy expanded 4.6% in the third quarter from a year earlier, slightly beating analysts' expectations.

Persons: Tai Wong, Yahya Sinwar, Kamala Harris, Donald Trump Organizations: U.S ., Treasury, Federal, European Central Bank, Democratic, Republican Locations: New York, U.S, Israel

☆ Timing isn't right for Israel to escalate: BMI Chief Economist
▼ + stars: | 2024-10-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTiming isn't right for Israel to escalate: BMI Chief EconomistCedric Chehab, Chief Economist at BMI, talks about rising tensions in the Middle East, and why he thinks oil prices don't seem to reflect the usual supply concerns.

Persons: Cedric Chehab Organizations: BMI Locations: Israel

☆ Baby Boomers are living longer than previous generations but have worse health, study finds
▼ + stars: | 2024-10-08 | by ( Rosa Rahimi | ) edition.cnn.com time to read: +3 min

London CNN —Baby Boomers may be expected to live longer than their predecessors, but a recent study has found that they are more likely to suffer from worse health than previous generations. It covered several generations, including the Greatest Generation (born before 1925) and Baby Boomers (born between 1946 and 1959), according to the study. Younger post-war cohorts, like Generation X, are also at risk of worse health than the generation preceding them, Gimeno said. “Generation X were more likely to be obese, have diabetes, and be in poor mental health than Baby Boomers in their 40s,” said Gimeno. The analysis of 135,000 people living in England suggested that although they’re living longer, their lives weren’t necessarily healthier.

Persons: ”, Laura Gimeno, Boomers, Gimeno, X Organizations: London CNN, University of Oxford and University College London, UCL, Boomers, CNN, Gerontology, Baby Boomers Locations: United States, England, Europe

☆ My dentist told me they couldn't remove a tooth because of my weight. It was the wake-up call I needed to lose 100 pounds.
▼ + stars: | 2024-10-07 | by ( Jane Ridley | ) www.businessinsider.com time to read: +5 min

Carol Evans' oral surgeon told her she was too heavy to have her tooth removed under anesthetic. It was the wake-up call she needed to lose 100 pounds through diet and exercise. "Please make another appointment for three months' time after you've lost weight." By mid-September 2021, a year after the surgery, I'd lost 100 pounds. I regained some of the weight and lost it againI kept up the regimen for nearly two years.

Persons: Carol Evans, —, John, I'd, you've, Jillian Michaels, snacking, Evans, Tim Hetherington, I'm Organizations: Service, BMI, Business Locations: Birmingham, France

☆ Israel’s economy is paying a high price for its widening war
▼ + stars: | 2024-10-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +10 min

London CNN —In late September, as Israel’s nearly year-long war widened and its credit rating was downgraded yet again, the country’s finance minister, Bezalel Smotrich, said that, while Israel’s economy was under strain, it was resilient. Israel’s economy could shrink even more than that, based on a worst-case estimate by the Institute for National Security Studies at Tel Aviv University. Before the October 7 attack and ensuing Israel-Hamas war, the International Monetary Fund forecast that Israel’s economy would grow by an enviable 3.4% this year. Smotrich, the finance minister, is confident that Israel’s economy will bounce back once the war ends, but economists are concerned the damage will far outlast the conflict. Florion Goga/ReutersOther sectors of Israel’s economy, while less important than tech, have been hit much harder.

Persons: London CNN —, Bezalel Smotrich, ” Smotrich, Hassan Nasrallah, ratcheting, Karnit, ‘, Menahem Kahana, ”, “ Israel, “, Smotrich —, Flug, Ahmad Gharabli, Fitch, —, Coface, Avi Hasson, Hasson, Florion Goga, Yaron Liberman, ” Liberman Organizations: London CNN, CNN, West Bank, United Nations, BMI, Fitch Solutions, Institute for National Security, Tel Aviv University, International Monetary Fund, of Israel, Getty, Bank of Israel, Israel Democracy Institute, Institute for National Security Studies, Moody’s, Startup Nation Locations: Lebanon’s, Beirut, Israel, Lebanon, Gaza, Israel’s, Iran, AFP, Egypt, Syria, Golan, Jerusalem's Old City, United States, Tel Aviv, housebuilding . Tourism

☆ Goldman Sachs says crude could spike by $20 on Iran oil shock
▼ + stars: | 2024-10-04 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

The oil tanker 'Devon' prepares to transfer crude oil from Kharg Island oil terminal to India in the Persian Gulf, Iran, on March 23, 2018. Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, according to Goldman Sachs. U.S. crude oil prices just saw a third consecutive session of gains after Iran launched a ballistic missile attack on Israel, heightening tensions in the region. If Israel hits Iran's oil industry, supply disruptions in the Strait of Hormuz could become of concern, other analysts echoed. This strategically significant waterway connects crude oil producers in the Middle East with major global markets.

Persons: Struyven, Daan Struyven, Goldman Sachs, CNBC's, Saul Kavonic, Joe Biden, Brent Organizations: U.S . Energy Information Administration, Oil, CNBC, White, bbl, USD150, Fitch Solutions, BMI Locations: Devon, India, Persian Gulf, Iran, Saudi Arabia, UAE, Israel, U.S, China, Hormuz, Strait, Oman, OPEC

☆ China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
▼ + stars: | 2024-10-01 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

China's slowing crude demand growth and economic struggles are dampening oil market sentiment. Global benchmark Brent crude oil futures were up 0.17% to $71.82 per barrel at 2.14 a.m. This would be a big shift in policy, since Saudi Arabia has been leading OPEC and the group's allies, including Russia, in maintaining oil supply cuts since late 2022. AdvertisementDespite the downside pressure on oil prices, things could change quickly if geopolitical uncertainty rises further in the Middle East. The US may also provide some support to the market as crude oil inventories hit a two-and-a-half year low as of September 20, the latest data available.

Persons: Israel, —, Henning Gloystein, Xi Jinping, Brent, Naeem Aslam, Aslam Organizations: Service, Israel, Brent, Benchmark, Texas, Eurasia Group, Beijing, BMI, Financial Times, London Locations: Lebanon, Brent, China, Saudi Arabia, Russia

☆ Consumer companies vie for share of India's booming stock market
▼ + stars: | 2024-10-01 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

More consumer-centric companies are looking to capitalize on India's booming stock market and strong economic growth, by going public. "After a decade, India's growth story is now likely to be driven by private consumption. With a better macro outlook, the risk appetite for investors for business to consumer companies have gone higher," said Atul Singh, CEO and managing director of wealth management firm LGT Wealth India. It may have started with large corporations like Reliance and Adani , but the positive macro story is driving more business to consumer companies to list," Singh told CNBC in an interview. India had 238 listings in 2023, reaching a nine-year high with 614 billion Indian rupees ($7.35 billion), according to FactSet data.

Persons: Ola, Atul Singh, Singh Organizations: National Stock Exchange, BMI, LGT Wealth, Reliance, CNBC, Transportation, Hyundai Motor India, Insurance, Hyundai, Ola Electric Locations: Mumbai, India

☆ GE Healthcare has been an under-the-radar winner — and a new catalyst just arrived
▼ + stars: | 2024-09-30 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

Wall Street currently sees GE Healthcare earning $6.72 per share in 2028, according to FactSet, up from $4.25 projected this year. GE Healthcare has been a stock we've been battling since its steep slide during the second quarter. That dynamic — coupled with the positive China stimulus announcements in recent days — turned GE Healthcare into one of our top-performing stocks in the third quarter . A PET scan using Flyrcado has better diagnostic efficacy than SPECT scans, according to GE Healthcare. GE Healthcare may also see a recovery in its China business due to the roll out of medical-focused stimulus spending .

Persons: Wells, Flyrcado —, Wells Fargo, Flyrcado, FactSet, Jim Cramer, —, Jim, Leqembi, Eli Lilly, Stifel, Jim Cramer's, Yi Haifei Organizations: GE Healthcare, GE, Food and Drug Administration, Wall, FDA, Federal, Club, CDC, Management, CNBC, Fair for Trade, Services, China National Convention Center, China News Service, Getty Locations: China, U.S, Beijing

☆ Kris Kristofferson, singer-songwriter and actor, dead at 88
▼ + stars: | 2024-09-29 | by ( Associated Press | ) edition.cnn.com time to read: +5 min

Los Angeles AP —Kris Kristofferson, a Rhodes scholar with a deft writing style and rough charisma who became a country music superstar and A-list Hollywood actor, has died. Kristofferson died at his home in Maui, Hawaii, on Saturday, family spokesperson Ebie McFarland said in an email. Kristofferson, who could recite William Blake from memory, wove intricate folk music lyrics about loneliness and tender romance into popular country music. “There’s no better songwriter alive than Kris Kristofferson,” Nelson said during a November 2009 award ceremony for Kristofferson held by BMI. Producer Jon Peters, from left, Barbra Streisand and Kris Kristofferson appear at a preview of the film, "A Star is Born," in Dec. 23, 1976, in New York.

Persons: Kris Kristofferson, Kristofferson, Ebie McFarland, McFarland, Bobby McGee, ” Kristofferson, Ray Price crooning, Janis Joplin, ”, Ellen Burstyn, Martin Scorsese’s, Alice Doesn’t, Barbra Streisand, Wesley Snipes, William Blake, Bob Dylan, Willie Nelson, John Prine, Tom T, “, ” Nelson, Barbara Streisand, Dylan, Jon Peters, Suzanne Vlamis, Cash, Grand Ole Opry, I’d, Fred Foster, Foster, Bobby McKee, Frederico Fellini, Waylon Jennings, Johnny Cash, Rob Verhorst, Joplin, Jesus, Rita Coolidge Organizations: Los Angeles AP, Hollywood, Times, BMI, Golden Gloves, Merton College, University of Oxford, U.S . Military Academy, West, Columbia Records, US Army, Associated Press, Grand Ole, Monument Records, “, Getty, Joplin Locations: Rhodes, Maui, Hawaii, Brownsville , Texas, England, West Point , New York, Nashville, New York

☆ Risk analyst discusses the uncertainty that markets face, from Trump to Middle East conflict
▼ + stars: | 2024-09-27 | 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 EmailRisk analyst discusses the uncertainty that markets face, from Trump to Middle East conflictCedric Chehab, global head of country risk at BMI, discusses the geopolitical uncertainty that global markets face, and the factors that support global risk assets.

Persons: Cedric Chehab Organizations: BMI Locations: Trump

☆ Gold, silver head for weekly gains on U.S. rate-cut momentum
▼ + stars: | 2024-09-27 | by ( ) www.cnbc.com time to read: +2 min

Gold and silver prices retreated on Friday from record highs, but were positioned for weekly gains on growing anticipation of another bumper U.S. interest rate cut this year, as markets awaited a key inflation report for additional guidance. Gold and silver prices retreated on Friday from record highs, but were positioned for weekly gains on growing anticipation of another bumper U.S. interest rate cut this year, as markets awaited a key inflation report for additional guidance. Silver prices surged due to bullion's strong performance and China's stimulus measures, though some analysts warn that the rally may fade due to concerns over industrial demand. The Federal Reserve's larger-than-usual half-percentage-point reduction last week ignited a rally in gold, which hit consecutive record highs and has gained about 1.8% so far this week. Gold prices are currently supported by anticipated U.S. Fed interest rate cuts and China's stimulus measures, both of them are weakening the dollar, said Kyle Rodda, financial market analyst at Capital.com.

Persons: Kyle Rodda Organizations: FedWatch, U.S, BMI Locations: U.S

☆ Why Ester Manas fears the size inclusive dream is over
▼ + stars: | 2024-09-26 | by ( Alice Pfeiffer | ) edition.cnn.com time to read: +6 min

Paris CNN —On the second day of Paris Fashion Week at the city’s Palais de Tokyo, a giant inflatable elephant welcomed guests to the Ester Manas fashion show. Methods such as ruching and drawstrings eliminate the need for classical sizing and enable Ester Manas to cater to sizes XS to 3XL. Similarly, a 2023 size inclusivity report conducted by Vogue Business found that 95.6% of all looks presented for Fall-Winter 2023 were in a size US 0-4. “Numerically, it is very apparent that this ‘trend’ (of both being personally comfortable with your size and size inclusivity being socially accepted) has retreated,” Delepierre said. “Beyond the size dimension, (Ester Manas clothes) are strong pieces that stand on their own and make everyone feel sexy,” he said.

Persons: Ester Manas, Balthazar Delepierre, SZA, Jorja Smith, Kali Uchis, Beth Ditto, ”, Manas, “, bienveillance, bookers, Goldman Sachs, Ester Manas’s, they’ve, ” Delepierre, Ester Manas “, inclusivity, Giulietta Canzani Mora, ” Guillaume Boulez Organizations: Paris CNN —, BMI, CNN, Goldman, Vogue Business Locations: Paris, de Tokyo, —, Manas, France

☆ How to eat carbs without spiking your blood sugar, according to a nutrition researcher
▼ + stars: | 2024-09-23 | by ( ) www.businessinsider.com time to read: +6 min

Read previewYou don't have to cut out carbs to balance your blood sugar for better health and energy, according to a top nutrition researcher. Choose high-fiber carbs like whole grains and berriesThe type of carbs you chose can also influence your blood sugar response. A recent ZOE study found that people had a more moderate response in blood sugar when they ate a meal for breakfast, but a larger blood sugar response to the same meal when they ate it later in the day. Take a short walk after mealsAnother way to manage your blood sugar is to get moving, since exercise helps use up stored energy and makes you more sensitive to insulin, the hormone that regulates blood sugar. Advertisement"If you have poor night's sleep, you have a higher blood sugar response compared to if you have a good night's sleep.

Persons: —, It's, Sarah Berry, Berry, dietitians, dietitian Bonnie Taub, Dix Organizations: Service, King's College, Business Locations: London

☆ Gold set for weekly gain on Fed rate cut boost
▼ + stars: | 2024-09-20 | by ( ) www.cnbc.com time to read: +2 min

Gold lingered near record high levels on Friday and was on track for a weekly gain after the Federal Reserve's recent super-sized interest rate reduction and on signs that further cuts were on the horizon. Spot gold rose 0.2% to $2,592.17 per ounce, as of 0309 GMT, up about 0.6% for the week so far. Bullion rose to a record high of $2,599.92 on Wednesday after the Fed began easing monetary policy with a half-percentage-point rate cut. "Gold prices are expected to be well supported in the coming months due to a weaker U.S. dollar and lower bond yields, as well as against a backdrop of elevated geopolitical tensions," BMI said in a note. Spot silver rose nearly 1% to $31.09 per ounce and palladium gained 0.6% to $1,086.75.

Persons: Gold, Kyle Rodda Organizations: Federal, Fed, Capital.com, BMI Locations: Birmingham, England, Capital.com . Lower U.S, East, Lebanon, Israel, Lebanese, China, Switzerland

☆ The next big market for weight-loss drugs: children
▼ + stars: | 2024-09-11 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Novo Nordisk's American rival, Eli Lilly, has also been testing obesity-beating drugs for children as young as six. Wegovy and similar drugs for weight loss have become a huge business. The drugs' success has made Novo Nordisk the most valuable company in Europe. AdvertisementChildhood obesityAn FDA approval on weight loss drugs for children could open up a new market for Novo Nordisk. In June, US Sen. Bernie Sanders announced that Novo Nordisk CEO Lars Jørgensen would testify before the committee on September 24 at a hearing focusing on the prices that Novo Nordisk charges Americans for their drugs, Ozempic and Wegovy.

Persons: —, Saxenda, Novo, Claudia Fox, Eli Lilly, Goldman Sachs, Wegovy, Sen, Bernie Sanders, Lars Jørgensen, Sanders Organizations: Service, BMI, Business, FDA, Financial Times, Novo Nordisk, Centers for Disease Locations: Madrid, Europe

The findings bring the phenomenon — and the controversy — of the latest new and powerful weight loss drugs to the youngest age group yet. The new trial looked at liraglutide, the active ingredient used in two of Novo Nordisk’s older GLP-1 drugs: Saxenda, a weight loss drug, and Victoza, a diabetes drug. So instead of looking at overall weight loss like in adult studies, they decided to focus more on BMI, which takes into account both weight and height. A spokesperson for Novo Nordisk said that it has submitted an application to the Food and Drug Administration to expand the approval of liraglutide for weight loss in children ages 6 to 11. Is 6 too young for a weight loss drug?

Persons: Roy Kim, “, ” Kim, Claudia Fox, Fox, Eli Lilly, ”, liraglutide, ” Fox, Sarah Armstrong, ” Armstrong, comorbidities, it’s, ” Wegovy, Zepbound, Shauna Levy, ” Levy Organizations: New England, of Medicine, Novo Nordisk, Cleveland Clinic, Centers for Disease Control, University of Minnesota, BMI, Food and Drug Administration, American Academy of Pediatrics, Duke University, Tulane Bariatric Center Locations: liraglutide, Ozempic, Ohio, U.S, New Orleans

☆ Regular exercise may lead to healthier belly fat, study finds
▼ + stars: | 2024-09-10 | by ( Kaitlin Sullivan | Kaitlin Sullivan Is A Contributor For Nbcnews.Com Who Has Worked With Nbc News Investigations. She Reports On Health | Science | ) www.nbcnews.com time to read: +4 min

Belly fat tends to get a bad rap, but new research shows that one kind of belly fat can be healthier than others — provided you’re willing to get moving. The fat, the study found, essentially behaved differently in people with the same percentage of body fat, based on their long-term exercise habits. Regular exercisers had less rigid or fibrous fat tissue, which allows fat cells beneath the skin to expand to store fat, one of the body’s primary sources of energy. While expanding fat cells may sound like a bad thing, it’s actually better for health than having inflexible fat tissue. Another indication of this was that they had more proteins involved with fat metabolism in their fat tissue, the study found.

Persons: —, ”, Jeffrey Horowitz, Horowitz, exercisers, Jaime Almandoz, Aayush, Rutgers Robert Wood, ” Visaria Organizations: University of Michigan School of Kinesiology, BMI, UT Southwestern Medical Center, Rutgers, Rutgers Robert Wood Johnson Medical School Locations: exercisers, nonexercisers, Dallas

☆ Lack of purpose may predict cognitive decline, study finds
▼ + stars: | 2024-08-13 | by ( Kristen Rogers | ) edition.cnn.com time to read: +7 min

Well-being and cognitive declineMore research is needed due to the lack of diversity in this study, which also includes the fact that participants were volunteers from communities with higher levels of education, the study authors said. It’s possible that poor well-being may lead to cognitive impairment and vice versa. On one hand, greater well-being may lower risk for cognitive impairment and dementia by mitigating the effects of Alzheimer’s disease processes on cognition, the authors said. Positive well-being has been associated with lower levels of inflammatory cytokines and lower cardiovascular risk, which can reduce risk of cognitive impairments. Compared with participants who remained cognitively intact, those who developed cognitive impairment were more likely to be older and have lower body mass index (BMI) and lower psychological well-being.

Persons: ”, Angelina Sutin, Sutin wasn’t, White —, “, Glen R, Finney, Finney wasn’t, ” Sutin, ” Finney, Sutin, — Organizations: CNN, Neurology Neurosurgery, Psychiatry, Florida State University College of Medicine, Alzheimer’s Association Locations: Illinois, Pennsylvania

☆ Many musicians have copyright gripes with Trump, but only some can win in the courts
▼ + stars: | 2024-08-13 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +8 min

"Each songwriter belongs to a single PRO, so the Trump campaign would have needed to secure a license from the appropriate PRO," Litman said. According to BMI, Trump's campaign has taken out a "political entities license" from BMI for his 2016, 2020, and 2024 campaigns. Advertisement"If no license was obtained, the copyright owners in the songs can sue Trump, and they would win," Litman said. Trump's campaign has used Hayes' music at the former president's rallies more than 100 times and as recently as Saturday, Walker said. Walker, a 30-year entertainment-copyright lawyer, said the Hayes family hired him "after getting no response" from the Trump campaign for two years.

Persons: —, Donald Trump, Celine Dion, Trump's, Isaac Hayes, Trump, Hayes, Isaac Hayes III, Jessica Litman, Litman, Jodie Thomas, Thomas, Rihanna, Elton John, Neil Young, Pharrell Williams, Eddy Grant, Grant, James Walker Jr, Walker, we've Organizations: Service, Business, Republican, University of Michigan, American Society of Composers, Publishers, Music Inc, ASCAP, BMI, Trump, BI, National Rifle Association Locations: Montana, Hayes, , Texas

☆ Strong leg muscles could help combat arthritis in the knee, study shows
▼ + stars: | 2024-08-06 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +7 min

Most people undergo a knee replacement due to osteoarthritis in the joint, which can cause pain, swelling and less knee mobility. “We’ve always had this idea that muscle mass matters and helps protect joints,” said Miller, who was not involved with the study. The data that van Meurs and her colleagues studied came from people with an average body mass index of 26. “Before engaging in a lot of weight-bearing activity, do some training in the gym to strengthen your leg muscles,” van Meurs said. And if you’re going to take up a weight-bearing activity such as running, start slowly.

Persons: ”, Joyce van Meurs, ” van Meurs, “, Oleg Breslavtsev, Kathryn Miller, “ We’ve, Miller, van Meurs, Meurs, ” Miller, “ It’s, you’ll, Melanie Radzicki McManus Organizations: CNN, Therapeutic Medicine, JAMA, Erasmus Medical Center, Getty, University of Wisconsin School of Medicine, Public Health, BMI, CNN’s Locations: United States, Netherlands, Rotterdam , Netherlands, Madison, ”

☆ India's ultra-wealthy club is booming — here's where the country's rich are investing
▼ + stars: | 2024-08-06 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +5 min

High-end real estateAbout 30% of India's UHNWI investments go into luxury real estate, including overseas projects, said Alok Saigal, president of wealth management firm Nuvama Private. People have moved away from investing in land as it is less liquid, and more wealth has been allocated to residential real estate since the pandemic, he added. Around 20% of Dubai's offshore real estate pie is owned by Indian investors. Startups' lureInvesting in startups is becoming increasingly popular, especially with the younger generation of rich Indians, wealth managers told CNBC. Bloomberg | Bloomberg | Getty ImagesAbout 17% of India's UHNWIs' wealth goes into luxury goods, with jewelry, art and watches as top preferences, findings from Knight Frank revealed.

Persons: Knight Frank, Alok Saigal, Alok, Chethan Shenoy, Anand, Saigal, Nitin Chengappa, India's, Chengappa, Anand Rathi Wealth's, LVMH Moet Hennessy Louis Organizations: Getty, India, Nuvama Private, Offshore, Nuvama, CNBC, Standard Chartered Bank, Shoppers, DLF, BMI, Bloomberg, Fitch Solutions, LVMH Moet Hennessy Louis Vuitton SA Locations: Mumbai, Beijing, New York, London, UHNWIs, Dubai, Delhi, New Delhi, India

☆ Market selloff: Corrections like this are 'absolutely normal,' says BMI
▼ + stars: | 2024-08-02 | 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 EmailMarket selloff: Corrections like this are 'absolutely normal,' says BMICedric Chehab, global head of country risk at BMI, says "one thing that people aren't remembering is that usually, between the period of July and October, there's a seasonal rise in volatility for equity markets."

Persons: Cedric Chehab Organizations: BMI

☆ The end of the 'carry trade'? How Japan's yen could be ripping through U.S. stocks
▼ + stars: | 2024-08-02 | by ( Sam Meredith | In Samuelmeredith | ) www.cnbc.com time to read: +4 min

Stocks are experiencing a broad slump, with many market participants caught off guard by the speed of the yen's rally. The Japanese national flag is seen at the Bank of Japan (BoJ) headquarters in Tokyo on July 31, 2024. 'An implosion of the carry trade'U.S. stocks kicked off the month sharply lower, as fresh data prompted fears of a worsening economic outlook. "First of all, the hawkish Bank of Japan caused an implosion of the carry trade over a short-term basis. And all of that helps push equity markets, which had been quite expensive, even lower," he continued.

Persons: Nogi, Russell Napier, Napier, Cedric Chehab, Chehab, CNBC's Organizations: Afp, Getty, U.S ., U.S, Bank of Japan, The Bank of Japan, Federal, Dow Jones, Nasdaq, BMI, hawkish Bank of Japan Locations: Tokyo, China, Japan, U.S

☆ Rugby Olympic medalist Ilona Maher is taking on BMI and winning
▼ + stars: | 2024-08-02 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +5 min

“I think you were trying to roast me, but this is actually fact — I do have a BMI of 30. Critics say the term BMI has become a societal judgment by lumping individuals into arbitrary categories that perpetuate misconceptions about body weight. “She could easily say, ‘I am in perfectly good health, so just take your BMI of 25 and shove it.’”That’s exactly the scenario facing Maher. Conversely, BMI can underestimate body fat in older adults and anyone who has lost muscle, according to the Harvard T.H. There is a movement in the medical profession to move away from crude BMI measurements in clinical practice.

Persons: Ilona Maher, ”, Maher, “, you’re, Christophe Petit Tesson, Shutterstock Maher, I’ve, that’s, Thomas Wadden, it’s Organizations: CNN, USA, Olympic, Olympics, BMI, Team USA, Australia, Perelman School of Medicine, University of Pennsylvania, Perelman’s, Harvard, of Public Health, American Medical Association Locations: TikTok, Chan, Boston

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