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Hyman: The Fed's in a good spot, and the soft landing is in hand
  + stars: | 2024-11-08 | 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 EmailHyman: The Fed's in a good spot, and the soft landing is in handSimeon Hyman of ProShares discusses why small-caps are still primed for gains, even they continue to trail the broader market.
Persons: Hyman, Simeon Hyman, ProShares
Urolithin A supplement company Timeline has investments from both Nestlé and L'Oréal. This year, the conversation quickly turned to the supplement du jour, the compound that has drawn investment from both Nestlé and L'Oréal: Urolithin A. Starting in 2008, Rinch's supplement company, Amazentis, funded over a dozen studies on urolithin A, including some relatively large, placebo-controlled trials in people — a rarity in supplement research. Urolithin A has also captured the attention of longevity researchers, who are typically more skeptical about products promising to make you young again. Timeline was on the agenda at this year's ARDD, an annual longevity research conference held in Copenhagen in August.
Persons: , There's, Urolithin, Hilary Brueck, Chris Rinsch, Rinsch, Johan Auwerx, Amazentis, Auwerx, He's, Mark Hyman, Dave Asprey, Gwyneth Paltrow's, Will Cole, Dominic Denk, Denk, wouldn't, Timeline's, Andrea Maier, it's, Maier Organizations: Service, VC, Business, Frankfurt University Hospital, National University of Singapore Locations: Gstaad, Swiss, skincare, urolithin, Davos, Copenhagen, Germany, Switzerland, Nestlé
Luxury hotels are offering guests longevity packages that can cost tens of thousands of dollars. AdvertisementFrom offering guests IV drips for hangovers to personalized nutrition programs and full-body MRIs, luxury hotels are upping their wellness game — and wealthy Americans are ready for it. "It's astounding the speed in which a new focus on longevity is rewriting the wellness market," she said. AdvertisementThe global wellness market — which encompasses beauty, healthy eating, spas, wellness tourism, personalized medicine, and more — was valued at $5.6 trillion in 2022, up from $3.4 trillion in 2013, according to the Global Wellness Institute. Luxury hotels want to cash in on the longevity trendBlink and you'll miss an announcement for a new longevity-themed program.
Persons: , Bryan Johnson, Beth McGroarty, Mark Hyman, Tony Robbins, Sam Nazarian, Robbins, Nazarian, COVID Organizations: Service, Global Wellness Institute, Consulting, Clinique, Next, Bloomberg, Times Locations: Clinique La, Swiss, Dubai, St Kitts, sbe, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: The U.S. economy is stronger than the rest of the world despite tensions. Simeon Hyman, Global Investment Strategist at ProShares Advisors, emphasizes "income" as the key focus, highlighting the opportunity in fixed income markets, which could provide 10-15% returns if geopolitical tensions worsen.
Persons: Hyman, Simeon Hyman Organizations: Global Investment, ProShares Advisors Locations: U.S
(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for Pro subscribers. Worldwide Exchange airs at 5 a.m. "The fixed income market has enough yield to bail you out if the geopolitical tensions get worse," said Hyman said on Worldwide Exchange. "Investors are not focusing on the likely U.S. response post election to replenishing defense stocks and ramping up capabilities." Worldwide Exchange Pick: Biotech Stocks Scott Ladner of Horizon Investments is seeing opportunities in the biotech sector, specifically the iShares Biotechnology ETF (IBB) and SPDR S & P Biotech (XBI) ETFs.
Persons: Simeon Hyman, Hyman, Terry Haines, Haines, Lockheed Martin, Scott Ladner, Ladner Organizations: Pro, Worldwide, Proshares Advisors, Defense, Lockheed, Raytheon, Biotech, Horizon Investments, iShares Biotechnology, P Biotech, Shipping Stocks Shipping, U.S Locations: Israel, Iran, Ukraine, South China, U.S, East, Gulf Coast
The market's turn toward treating good economic news as positive for stocks is pictured here in a chart from Citi strategists, showing the three-month correlation between the S & P 500 and the Citi U.S. Economic Surprise index has turned sharply higher. The S & P 500's low for the week was Wednesday morning, right at the 5400 level where it previously hit a low a week ago Friday after a tepid employment report. Forward 12-month S & P 500 earnings forecasts continue to rise smartly, now approaching $270. But, thanks to the past two months of sideways churn, that's down from 21.7 when the S & P first hit its current level in July. And the rally last week could well have front-run any potential positive inference from the Fed's move next week.
Persons: Ally Financial, Ed Hyman, Loretta Mester, William Dudley, John Kolovos Organizations: Citi, Citi U.S, Fed, Ally, CPI, Wall Street, Financial Times, Treasury, National Association of Active Investment, American Association of
Economists Ed Hyman is backing off his call for a hard landing, even though he still sees the potential for a recession ahead. "History and experience say to stick with a hard landing outlook," he said in a client note Thursday. "However, the hard math that our team has reviewed says flip to a soft landing outlook. "In our view, arguments for a hard landing are still persuasive," Hyman wrote. "So this flip could be a mistake," Hyman wrote.
Persons: Ed Hyman, Hyman, Ally, Russell Hutchinson, it's Organizations: ISI, Atlanta Federal Reserve, JPMorgan Chase, Federal Reserve Locations: New York
Thursday brought more negative news from the jobs market: unemployment insurance claims for the week ending July 27 were up by 14,000 from the previous week to 249,000. Stepping back from last week's weak data, chief investment officers and top strategists say the market is overreacting, and they're using this as a buying opportunity. Related storiesSimilarly, the manufacturing data is not as foreshadowing as it seems on the surface. "But the ISM manufacturing data can be a leading indicator of S&P earnings, particularly the new order number." "If you look at non-US stocks and you look at their valuations, they're trading at about 13 times earnings," Calcagni said.
Persons: Dow, we've, Philip Straehl, Morningstar, Goldman Sachs, Jan Hatzius, Alicia Levine, Levine, it's, what's, Morningstar's Straehl, Simeon Hyman, Hyman, Donald Calcagni's, Calcagni Organizations: Service, Nasdaq, Institute for Supply, Business, BNY, Big Tech, Mercer Advisors Locations: Americas
(This is CNBC Pro's live coverage of Monday's Wall Street chatter as global markets sell off. — Lisa Kailai Han 7:02 a.m.: How long sell-offs typically last Bad news: The current market sell-off may have further to go. — Lisa Kailai Han 6:09 a.m.: Oppenheimer's Stoltzfus: Best to not 'jump to conclusions' Investors need to have a cool head as global markets sell off, according to Oppenheimer's John Stoltzfus. — Fred Imbert 5:51 a.m.: Global markets in an 'aggressive risk-unwind', Vital Knowledge says Fears of a U.S. recession are pressuring global markets, leading investors around the world to sell some of this year's top winners, according to Adam Crisafulli of Vital Knowledge. "Markets are caught in an aggressive risk-unwind as equities plunge around the world, with tech getting hit particularly hard," he wrote in a note Monday.
Persons: Wharton's Siegel, Jeremy Siegel, CNBC's, Siegel, hasn't, it's, … They're, , Lisa Kailai Han, Tom Lee, Lee, Duncan Toms, Toms, Fred Imbert, Victoria Greene, Greene, It's, Nimrit Kang, — Lisa Kailai Han, Dan Ives, Gene Goldman, Gennadiy Goldberg, Ives, Goldman, Goldberg, Oppenheimer's John Stoltzfus, Evercore, Ed Hyman, Hyman, Adam Crisafulli, Crisafulli Organizations: CNBC, Stock, Nikkei, Dow Jones Industrial, Nasdaq, Wharton, Federal Reserve, Fundstrat Global, HSBC, G Squared, Wealth, NorthStar Asset Management, Street, Wedbush, TD Securities, Federal, NASDAQ, U.S, Fed, Global Locations: U.S, Europe, Japan, China
Hyman: Daily covered call strategies are good defensive plays
  + stars: | 2024-07-01 | 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 EmailHyman: Daily covered call strategies are good defensive playsSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses the markets in the second half of the year.
Persons: Hyman, Simeon Hyman Organizations: Global Investment, ProShares Advisors
Function announces $53 million funding
  + stars: | 2024-06-25 | 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 EmailFunction announces $53 million fundingDr. Mark Hyman, co-founder and chief medical officer at Function, joins 'Squawk Box' to discuss the company's series A funding round, comprehensive health services, and more.
Persons: Mark Hyman
In the words of Florida Panthers captain Aleksander Barkov, the Stanley Cup Final has become “everyone’s dream.”The Edmonton Oilers have come back from the brink, igniting imaginations and creating a unique chapter in NHL history. “Game 7, so everyone’s dream, and that’s why we need to be ready for Game 7,” Barkov told reporters. The home team in Game 7 has a 12-5 record in the Stanley Cup Final. Home advantage has helped historically, with the host team enjoying a 12-5 record in Game 7 of the Final. Hyman, who with 16 goals has scored the most in a single postseason since Joe Sakic had 18 in the 1996 Stanley Cup playoffs, summed up the Oilers’ position nicely.
Persons: Aleksander Barkov, ” Barkov, , Zach Hyman, Leon Draisaitl, , Sergei Belski, Reuters “ You’ve, Paul Maurice, reporterrs, Dmitry Kulikov, Barkov, Sam Reinhard, , Hyman, Carter Verhaeghe, Oilers “, ” “, Codie McLachlan, Joe Sakic, we’ve Organizations: CNN, Florida Panthers, Edmonton Oilers, Panthers, ” Oilers, Oilers, Edmonton, Toronto Maple Leafs, USA, Sports, Reuters, ” Panthers, Rogers, , Getty Images, NHL Locations: Florida, Edmonton, Getty Images Edmonton
Job postings that claim to offer a "competitive salary" are on the rise, putting more onus on job seekers to suss out how much money they can expect from a new role. If you're at the start of a hiring process without pay clarity, there may be early indications that the promise of a "competitive salary" is an empty one. Here are some red flags to watch out for in your conversations with recruiters and hiring managers. But if the company continues to evade the pay conversation after multiple interviews, that's a clear red flag, according to Hyman. Why don't you take some time to digest it and circle back once you have established [the compensation] level?'"
Persons: Bonnie Dilber, Dilber, Jeff Hyman, that's, Hyman, they've
Pay transparency laws are on the rise nationwide, but so is the share of companies that use the ambiguous phrase "competitive salary" to describe what they'll pay. As of May, the phrase appeared in 3% of U.S. job postings on Indeed, up from 2.5% of postings at the same time last year, the employment website told CNBC Make It. It's a small but notable increase that reflects thousands of job posts with unclear pay ranges, according to Indeed. "But without further details in the job posting, the phrase puts the onus on the job seeker to know what a competitive pay range may look like." If you're applying to jobs without clear pay ranges, here are a few ways to discuss salary during the hiring process.
Persons: Jeff Hyman, Hyman, Jennifer Herrity, Bonnie Dilber, — that's, we've, It's, Organizations: CNBC, Companies
Dylan Holloway added two goals for the Oilers, and Mattias Janmark, Adam Henrique, Darnell Nurse, Ryan Nugent-Hopkins and Ryan McLeod had the others. Instead, the Oilers became the fourth team in a row to win Game 4 to extend a series after dropping the first three games of a Stanley Cup Final. “It only counts as one win,” Panthers captain Aleksander Barkov said. He was in on all three goals the Oilers had in the middle frame, scoring once and adding two assists. Leon Draisaitl, Hyman and Nugent-Hopkins were all pointless — a big reason the Oilers were in their gigantic hole.
Persons: Connor McDavid, Yogi Berra, “ it’s, McDavid, Wayne Gretzky’s, Dylan Holloway, Mattias Janmark, Adam Henrique, Darnell Nurse, Ryan Nugent, Hopkins, Ryan McLeod, Stuart Skinner, Doug Gilmour’s, Evgeni Malkin, Vladimir Tarasenko, Aleksander Barkov, Conn Smythe, yY2beIXAwx — Michael Russo, Bob, Sergei Bobrovsky, Anthony Stolarz, Bobrovsky, Holloway, Zach Hyman, , ” Darnell Nurse, eason, ince, enrique, tim e, nic, ove Organizations: EDMONTON —, Edmonton Oilers, ” Edmonton, Florida Panthers, Rogers, Wayne Gretzky’s NHL, Oilers, Panthers, Edmonton, Montreal Canadiens, New York Rangers, New Jersey Devils, ” Panthers, Boston Bruins, Eastern Conference, ” Oilers, ust, pla Locations: South Florida, goa
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings growth isn't justifying current valuations, says Simeon HymanSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses earnings season and investing in the tech sector.
Persons: Simeon Hyman Simeon Hyman Organizations: Global Investment, ProShares Advisors
We need to move on Rafah, Israeli government spokesperson warns
  + stars: | 2024-04-10 | 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 EmailWe need to move on Rafah, Israeli government spokesperson warnsAvi Hyman, spokesperson for the Israeli government, outlined plans for a military offensive in Rafah, addressing mounting criticism on the move from Western allies. Hyman pushed back against international claims that Israel is committing genocide in the region, insisting that the country's fight is with Palestinian militant group Hamas, not with the people of the Gaza Strip.
Persons: Avi Hyman, Hyman, Israel Organizations: Palestinian, Hamas Locations: Rafah, Western, Gaza
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDividends show companies are confident in the future, says Simeon HymanSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses the Fed meeting, the markets, and the tech trade.
Persons: Simeon Hyman Simeon Hyman Organizations: Global Investment, ProShares Advisors
Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management's Matt Hougan, the cryptocurrency's wild price swings have come down substantially over the past decade. "What's driving the bitcoin market right now is a simple demand-supply imbalance," the firm's chief investment officer told CNBC's "ETF Edge" on Monday. While Bitwise is betting on bitcoin's growth, ProShares has an ETF looking to profit from losses with its Short Bitcoin Strategy ETF . Hyman's ProShares also operates a long-bitcoin ETF: ProShares Bitcoin Strategy ETF.
Persons: Matt Hougan, CNBC's, Bitcoin, Hougan, Mark Twain, Simeon Hyman, Hyman, bitcoin Organizations: CNBC
There may be a stronger case to invest in single stocks over exchange-traded funds in the weight loss space. With just two players currently at the forefront of the U.S. obesity drug market, ProShares' Simeon Hyman questions the relevance of weight loss ETFs for investors looking to buy into the industry. "If the benefits are going to incumbents, then maybe there isn't a theme per se that needs to be exploited." Strategas' Sohn also suggested that ETFs based on themes, rather than sectors or indices, might be falling out of favor with investors. So far in 2024, Novo Nordisk has gained 29% and Eli Lilly is up 30%, as of Wednesday's close.
Persons: Todd Sohn, Eli Lilly, Lilly, CNBC's, ProShares, Simeon Hyman, Sohn Organizations: Roundhill, Novo Nordisk Locations: U.S, Novo
A single dose of doxycycline, a widely used antibiotic, taken after sex halved the incidence of chlamydia and early syphilis among gay and bisexual men and transgender women in San Francisco, city health officials announced on Monday. The findings offered a glimmer of hope amid a rising tide of sexually transmitted infections nationwide. In San Francisco, gay and bisexual men and transgender women who had a history of S.T.I.s or multiple sex partners were given a supply of the antibiotic and asked to take two 100-milligram pills within 72 hours of unprotected sex. New cases of chlamydia and early syphilis — but not gonorrhea — dropped over the course of about a year. “It’s not subtle, it is very fast and we’re seeing the beginning of it, not the end,” Dr. Hyman Scott, a medical director at the San Francisco Department of Public Health, said in an interview.
Persons: , , Dr, Hyman Scott Organizations: Conference, San Francisco Department of Public Health Locations: San Francisco, Denver
More than 100 people were killed in northern Gaza where Israeli troops opened fire Thursday, triggering panic as hungry Palestinian civilians were gathering around food aid trucks, Palestinian officials and eyewitnesses said. CNN is unable to independently confirm the death toll, and the Israeli military has given a different account of the circumstances. People had swarmed around the newly arrived aid trucks when Israeli forces started shooting, according to witnesses. As the aid trucks tried to escape the area, others were accidentally rammed, causing further deaths and injuries, an eyewitness told CNN. Israeli government spokesperson Avi Hyman also told reporters the incident was "obviously a tragedy, but we're not sure of the specifics quite yet."
Persons: Haroun Al, Khader Al Za’anoun, Avi Hyman, we're, Izzat Al, Risheq Organizations: CNN Locations: Gaza, Haroun, Gaza City, Sheikh, People
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDon't get too worked up about how CPI impacts the Fed, says Simeon HymanSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses inflation, rates, and the markets.
Persons: Simeon Hyman Simeon Hyman Organizations: Global Investment, ProShares Advisors
Now, that 15-minute window has shrunk to five minutes, both for in-person and phone or video interviews, Hyman says. Don't panic if you're late to a job interview — Hyman says you can still recover and win over the person you're speaking to with a quick, genuine apology. But you don't need to launch into a lengthy explanation about why you were late either, Hyman adds. Instead, he recommends a brief, sincere apology along the lines of: "I'm really sorry I'm late, something came up, but I value your time and I'm very interested in this opportunity. 7 job interview phrases you should never use—what to say instead
Persons: Jeff Hyman, Hyman, — Hyman, I've Organizations: CNBC, Google, Microsoft Locations: Ringover
And it still remains the case that bitcoin futures are regulated, and spot bitcoin is not," Simeon Hyman, head of the investment strategy group at ProShares, told CNBC. One theory for why the futures ETF has continued to have success is that there are listed options for bitcoin futures products, but not for the spot products, said Aniket Ullal, head of ETF data and analytics at CFRA. The ProShares futures ETF may also be getting helped by increased action in the futures market itself. To be sure, not all bitcoin futures products are going strong. VanEck announced Jan. 17 that it was liquidating its bitcoin futures ETF.
Persons: FactSet, Simeon Hyman, Aniket Ullal, Ullal, Hyman, it's, Tim McCourt, VanEck, Jan, BITO Organizations: CNBC, CME Group Locations: United States, bitcoin
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