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☆ The index fund cushion is an equal opportunity booster for stocks
▼ + stars: | 2024-10-20 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

S & P 500 money is oblivious to stock valuations of any kind and ignorant to upgrades and downgrades. The Lilliputian sellers regularly fail to do damage when matched with the oblivious index money. A 4% 2-year note isn't competitive to the magnet of the S & P 500 and its kin. That's emblematic of what happens with a big buyback without stock-based compensation (something many tech firms use that renders moot the S & P 500 inflows). Because of the way that the S & P 500 money is divvied up, the share base becomes overwhelmingly index-fund based and the index fund shareholders do not sell.

Persons: Morningstar, Smoot, Herbert Hoover's, Warren Buffett, Buffett, Jerome Powell, haven't, Charlie Scharf, Wells, Banks, Charlie, Morgan Stanley, Ted Pick, James Gorman, Schwab, Gamble, Jim Umpleby, that's, Butch Cassidy, Jim Cramer's, Jim Cramer, Jim, Charles Scharf, Kyle Grillot Organizations: Federal Reserve, Commerce Department, Taiwan Semi, Trust, Fed, Triple AAA Robinhood, Morgan, Procter, United Airlines, Exxon, Caterpillar, Boeing, Apple, Meta, Sundance, Jim Cramer's Charitable, CNBC, Milken Institute Global Conference, Bloomberg, Getty Locations: Hawley, McCumber, Taiwan, Arizona, American, Wells Fargo, Wells, China, Chevron, Beverly Hills, Calif

☆ The Ballad of Flaco, the Outlaw Who Learned to Fly
▼ + stars: | 2024-02-02 | by ( Michiko Kakutani | ) www.nytimes.com time to read: 1 min

The Times’s longtime literary critic says that like all great outlaw-heroes, the escaped Eurasian eagle-owl tapped into our desire to see an underdog claim his freedom. “The Ballad of Flaco” began with a tear in the fence of a small Central Park Zoo enclosure the size of a bathroom, and then, after nearly 13 years in captivity, in the memorable words of the late-night host Seth Meyers, “Flaco shawshanked out of that cage.”As Flaco embraced his new freedom, New Yorkers marveled at the ability of this bird — whose entire existence had been scripted since he hatched at an avian breeding center in 2010 — to achieve that very American feat of writing a second act to his life. Flaco’s jailbreak and new life on the lam cast him in the role of outlaw — a beloved figure in American movies from “Butch Cassidy and the Sundance Kid” to “The Fugitive” and “The Shawshank Redemption.”

Persons: Flaco ”, Seth Meyers, “ Flaco, Flaco, —, Flaco’s, Butch Cassidy, ” Organizations: Sundance

☆ 5 Scenic E.V. Road Trips
▼ + stars: | 2023-06-30 | by ( Lauren Sloss | ) www.nytimes.com time to read: +4 min

travel:California: up the coast, down through wine countryCalifornia is lousy with scenic drives, from its extensive, 840-mile coastline to routes through the magnificent Sierra Nevada. The route is also the focus of a new electric vehicle-centric initiative, with eight new E.V. New Mexico: The High Road to the Enchanted CircleA road trip between Santa Fe and Taos — two standout New Mexico destinations — is a decided win. The route has beautiful scenery, a dose of history and is easily doable in an E.V. planning tool and then hit the 56-mile High Road to Taos, which passes through villages with epic views of the Sangre de Cristo Mountains.

Persons: “, ”, Cowing, Martin Ray, Mount, it’s, Worthy, that’s, Butch Cassidy Organizations: Point, Gifford, Forests, Elk Loop, Rockies, New, Sundance Locations: United States, California, Sierra Nevada, San Francisco, Point Reyes, Bodega Bay, Jenner, Mendocino ., Philo, Boonville, Sonoma, Healdsburg, Sebastopol, Petaluma, Washington, Chahalis, Naches, Okanogan, Wenatchee, Mount Rainier, Colorado, Elk, Elk Loop Colorado, Carbondale, Crested, Gunnison, New Mexico, Santa Fe, Taos, —, Cristo, El, Red, Taos Ski Valley

☆ Could You Be Dressing Sexier? A Guide For Men
▼ + stars: | 2023-06-24 | by ( Jamie Waters | ) www.wsj.com time to read: 1 min

Do men want to look sexy? I think so, yes,” said Fredric Cibelli, a principal at a big New York consulting firm. Derek Vick’s spin on sexy skews more “Butch Cassidy” machismo. Chunky-heel cowboy boots, which bump his height from 5-foot-10 to about 6-foot, complete the look. “When I go out, I want to turn heads,” he said.

Persons: ”, Fredric Cibelli, baring, Channing Tatum, Mike, ” Rather, Derek Vick’s, Butch Cassidy ” machismo Locations: New York, Hattiesburg, Miss, Wranglers

☆ U.S. composer Burt Bacharach dies at age 94
▼ + stars: | 2023-02-09 | by ( Bill Trott | ) www.reuters.com time to read: +6 min

Bacharach and David had 30 Top-40 hits in the '60s alone. I'd hear his melodies and I'd hear lyrics. I'd hear rhymes, I'd hear thoughts and I'd hear it almost immediately." Bacharach and David scored the Neil Simon Broadway musical "Promises, Promises," which won them two Tonys and a Grammy. While star performers made his songs hits, Bacharach said he also enjoyed performing himself and making a personal connection with smaller audiences.

☆ Burt Bacharach, legendary composer of pop songs, dies at 94
▼ + stars: | 2023-02-09 | by ( ) www.cnbc.com time to read: +10 min

Bacharach was both an innovator and throwback, and his career seemed to run parallel to the rock era. He was an eight-time Grammy winner, a prize-winning Broadway composer for "Promises, Promises" and a three-time Oscar winner. Fellow songwriter Sammy Cahn liked to joke that the smiling, wavy-haired Bacharach was the first composer he ever knew who didn't look like a dentist. Bacharach was essentially a pop composer, but his songs became hits for country artists (Marty Robbins), rhythm and blues performers (Chuck Jackson), soul (Franklin, Luther Vandross) and synth-pop (Naked Eyes). He's everybody's composer ... Burt Bacharach!"

Reyes said Hollywood films often reflected the politics of their time — and that had an influence on Latino roles. Studies by the Government Accountability Office, the University of Southern California and other groups consistently show that Latinos are underrepresented in the film industry. Just this year, UCLA’s Hollywood Diversity Report documented “enormous gains” by women and people of color, but Latino representation still lagged. Slowly but surely, we are shaking up the narrative in Hollywood.”Calderón is frustrated by the continuing practice of “brownface,” whereby Latino roles go to white actors. Sanchez cited Eugenio Derbez in “Coda” (2021) as an example of a well-written Latino film character.

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