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Wall Street rallies on Election Day
  + stars: | 2024-11-05 | 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 EmailWall Street rallies on Election DayBarry Knapp, director of research at Ironsides Macroeconomics, joins CNBC's The Exchange to discuss how markets are reacting to the presidential election, responses to potential policy scenarios, and more.
Persons: Barry Knapp
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmall business weakness is only thing preventing Treasury market from retesting 5%, says Barry KnappBarry Knapp, Ironsides Macroeconomics managing partner and director of research, joins 'Squawk Box' to discuss the state of the economy, the economic importance of the next nine days, state of the Treasury market, and more.
Persons: Barry Knapp Barry Knapp Organizations: Ironsides, Treasury
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIronsides Macroeconomics' Barry Knapp on inflation trends and resetting rate cut expectationsBarry Knapp, Ironsides Macroeconomics director of research, joins CNBC's 'The Exchange' to discuss why inflation is trending higher, what the Fed's neutral target should be, and more.
Persons: Barry Knapp
A chemical gas leak from a rail tanker near Cincinnati prompted fears of an explosion and evacuation orders for people within at least a half-mile radius of the incident. Firefighters try to contain a dangerous chemical leak from a train car in Whitewater Township, Ohio. The threat for the community 22 miles east-northeast of Cincinnati is that the rail car tank has been heating up and will explode if it continues, Siefke said. It wasn't yet clear who owns the rail car or its cargo, officials said Tuesday night. Whitewater Township and Hamilton County officials said the situation will likely remain static overnight as they await input from environmental agencies.
Persons: Mike Siefke, It's, it's, Siefke, ” Siefke, Communications Andrew Knapp Organizations: Little, Rescue, Authorities, Firefighters, U.S . Centers for Disease Control, CDC, Environmental, Rivers Local School District, Central Railroad, Ohio Department of Transportation, Communications Locations: Cincinnati, Whitewater Township, Kentucky, Little Miami, Whitewater Township , Ohio, Indiana, Hamilton
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're already in a 'small business recession,' says Ironsides Macroeconomics' Barry KnappBarry Knapp, chief market strategist at Ironsides Macroeconomics, joins ‘The Exchange’ to discuss his take on the Fed’s 50 bps rate cut, what that means for the markets, and more.
Persons: Barry Knapp Barry Knapp
The survey shows 84% of the 27 respondents, including economists, fund managers and strategists, see the Fed cutting by a quarter percentage point, with 16% seeing a half-point decrease. That compares with 65% probability of a half-point cut now priced into fed futures markets. "That forecast is more in line with a hard landing than a soft landing." (One basis point equals 0.01%)Soft landing expectedThe major difference could be that survey respondents appear less worried about the economy overall than futures markets, and more convinced the Fed has time to enact gradual rate cuts. Seventy-four percent said the September rate cut comes in time to preserve a soft landing, with just 15% saying it's too late.
Persons: Jerome Powell, Andrew Harnik, John Donaldson, Barry Knapp, it's, Michael Englund, Guy LeBas, Janney Montgomery Scott Organizations: Federal Reserve, CNBC Fed Survey, CNBC, Haverford Trust Co, Ironsides, Fed
Read previewA high school in London is replacing teachers with AI tools such as ChatGPT to help some students prepare for exams. In the pilot scheme at David Game College starting in September, 20 students who are about 15 years of age will use AI tools for a year before taking their GCSE exams. This story is available exclusively to Business Insider subscribers. The students will also be supported by three full-time learning coaches, and will receive personalized learning paths. He added that the college has "humanized the AI learning process by creating a holistic and engaging educational experience."
Persons: , John Dalton, coprincipal, Dalton, Hadida, Grabow, Karl Knapp Organizations: Service, David Game College, Business, Higher Learning, Los Angeles Unified School, University of Indianapolis Locations: London, Hadida Grabow
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmall business sector is being overestimated by the BLS, says Ironsides Marcroeconomics' Barry KnappBarry Knapp, director of research at Ironsides Macroeconomics, joins 'The Exchange' to discuss his take on the Fed's actions towards rate cuts, what that means for the markets, and more.
Persons: Ironsides Marcroeconomics, Barry Knapp Barry Knapp Organizations: BLS
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's too early for a sustainable rally in small caps, says Ironsides Macroeconomics' Barry KnappBarry Knapp, Ironsides Macroeconomics managing partner and director of research, joins 'Squawk Box' to discuss the latest market trends, the recent small caps rally, and more.
Persons: Barry Knapp Barry Knapp Organizations: Ironsides
“He didn’t want attention, good or negative,” said Julianna Grooms, 19, who first remembered seeing Mr. Crooks when they were freshmen. The Bethel Park School District confirmed that Mr. Crooks graduated from high school in 2022, but declined to release any other details about his school record. “He was a very good student,” said Mr. Knapp, who retired two years ago as a guidance counselor. “He liked the idea of being by himself because that was his human nature,” Mr. Knapp said. Mr. Crooks had been a member of the Clairton Sportsmen’s Club, a gun club that features a 200-yard-rifle range.
Persons: Thomas Crooks, Jim Knapp, Crooks, , ” Mr, Knapp, Julianna Grooms, Donald J, Trump, Jennifer Meredith, Matthew Crooks, Ms, Grooms, SpongeBob, , Mr, Anna Dusch, ” Jill Bortz, That’s, Michael Rothfeld, Aric Toler, Susan C, Beachy, Julie Tate Organizations: Bethel Park High School, Trump, Secret, Bethel Park School District, Community College of, Republican, Democrat, eBay, Osage, Osage County Guns Locations: Bethel, Pittsburgh, Butler, Pa, Bethel Park, Bethel Park’s, Community College of Allegheny County, Osage County, Wright City, Mo
Read previewAs details emerge about the background of the man who tried to assassinate Donald Trump, his motive remains a mystery. The shooter, who has been named Thomas Matthew Crooks, 20, of Bethel Park, Pennsylvania, tried to kill Trump during a rally in Pennsylvania. In 2022, he graduated from Bethel Park High School with a prize for math and science, which was also awarded to around a dozen other students, reported the Pittsburgh Tribune-Review. AdvertisementDuring a brief press conference from the White House, President Joe Biden said investigators had not yet determined Crooks' motive. The FBI told the AP he appeared to have acted alone and had bomb-making materials in the vehicle he drove to the rally.
Persons: , Donald Trump, Thomas Matthew Crooks, Trump, Neighbors, Crooks, Kevin Rojek, Rojek, Joe Biden, Biden, it'd, he'd, Jameson Myers, Max R, Smith, Tom, That's, Jason Kohler, Kohler, Jim Knapp, Knapp, Michael Dudjak, hadn't, Abdulloh Rakhmatoz, Rakhmatoz Organizations: Service, Investigators, Business, Financial Times, Bethel Park High School, Pittsburgh Tribune, FBI, ABC News, Associated Press, White, Philadelphia Inquirer, NBC News, Reuters, Financial, Pittsburgh CBS Locations: Bethel Park , Pennsylvania, Pennsylvania, Bethel Park, Pittsburgh, Bethel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSofter labor market gives Fed incentive to cut rates 'sooner than later,' says UBS' Brian RoseMichael Kushma, Morgan Stanley Investment Management senior fixed income portfolio manager; Barry Knapp, Ironsides Macroeconomics managing partner; and Brian Rose, UBS senior economist, join CNBC's 'The Exchange' to discuss outlooks on the economy, expectation for rate cuts, and how to position.
Persons: Brian Rose Michael Kushma, Morgan, Barry Knapp, Brian Rose, CNBC's Organizations: UBS, Morgan Stanley Investment Management, Ironsides
Hollywood Sharpens Aim at Online Pirates
  + stars: | 2024-06-24 | by ( Brooks Barnes | ) www.nytimes.com   time to read: +1 min
In recent years, Hollywood has become much better at hunting pirates. But thieves are also getting better, moving operations overseas and taking advantage of the rising popularity of streaming to steal more content. official to lead the drive and renewing a push for federal legislation to combat online thievery overseas. The companies, which include Netflix, Disney, NBCUniversal and Warner Bros. as a special agent investigating computer hacking and intellectual property crimes and ultimately became the bureau’s fourth-highest-ranking official and highest-ranking woman.
Persons: Larissa L, Knapp Organizations: Hollywood, Netflix, Hulu, Amazon’s, Disney, Warner Bros, Association
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market is having an 'unhealthy broadening out', says Ironsides Macroeconomics’ Barry KnappBarry Knapp, Ironsides Macroeconomics managing partner and director of research, joins 'Squawk Box' to discuss the latest market trends, state of the economy, what to make of the economic data this week, and more.
Persons: ’ Barry Knapp Barry Knapp Organizations: Ironsides
The Rocket-Firing Boba Fett action figure, modeled after the “Star Wars” bounty hunter, was purchased in Dallas by an anonymous buyer for $525,000, Heritage Auctions announced last Monday. Dolls are for girls, action figures are for boysUnlike fine art or sports memorabilia, the collectible action figure market is only a handful of decades old because action figures have only been around since the mid-1960s. “The first action figure was G.I. He recounted how Hasbro executive Don Levine coined the term “action figure” as a marketing tool, because “we can’t call these dolls. Caravoulias recalls laying in bed as a kid in 1985 and wishing he could buy a $5 Rambo II action figure.
Persons: Boba, Barbie, , Justin Caravoulias, Joe, Boba Fett, Fett, Kenner, Brian Rachfal, , Don Levine, , “ Nobody, Caravoulias, Price, Tom Derby, Darth Vader, It’s, Rambo, Rachfal, , Paul Arnold, Arnold, Gary C, Knapp, they’re, ” Caravoulias, Circana, ” “ Barbie, ” James Zahn Organizations: New, New York CNN, , Heritage Auctions, Heritage, Kenner, Hasbro, CNN, Derby, ‘ Power Rangers Locations: New York, United States, Dallas, American, Virginia Beach, Va
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe only way we would get rate cuts is if something broke, says Ironsides Macroeconomics' KnappBarry Knapp, Ironsides Macroeconomics managing partner and director of research, joins 'Squawk Box' to discuss Knapp's overall investing thesis, what the latest CPI print says about the economy, and more.
Persons: Knapp Barry Knapp Organizations: Ironsides
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed 'shouldn't be using forward guidance,' says Ironsides Macroeconomics' Barry KnappBarry Knapp, director of research at Ironsides Macroeconomics, Paul McCulley, former PIMCO chief economist, and CNBC's Steve Liesman join 'The Exchange' to share outlooks on the Fed's rate stance.
Persons: Barry Knapp Barry Knapp, Paul McCulley, Steve Liesman
“To be honest it being a par 5, it’s pretty helpful,” he said afterwards, according to the PGA Tour. “(I) always used to watch her, and then ended up falling in love with it myself,” he told reporters before the tournament, per the PGA Tour. And after making the step up to the PGA Tour, Kim now sits in a tie for 36th place, seven shots behind overnight leader Jake Knapp. The American carded a seven-under 64 in his second round to leapfrog Englishman Matt Wallace who sits in a tie for second place with the USA’s Troy Merritt. Meanwhile, three-time major winner Spieth, whose record Kim broke, failed to make the cut as he continued to struggle with a wrist injury.
Persons: Kris Kim, Byron Nelson, Jordan Spieth, , “ I’ve, Kim, Ji, Hyun Suh, , Mike Mulholland, McGregor, Jake Knapp, Matt Wallace, Troy Merritt, Spieth, Knapp, Merritt Organizations: CNN, PGA, LPGA, Boys Locations: McKinney , Texas
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed 'is in no position to disinvert the curve', says Ironsides Macroeconomics’ Barry KnappBarry Knapp, Ironsides Macroeconomics managing partner and director of research, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, interest rate outlook, the Treasury market, and more.
Persons: ’ Barry Knapp Barry Knapp Organizations: Ironsides, Treasury
3 Jon Rahm given LIV Golf players are absent from the PGA Tour’s flagship tournament. Yet while no stars from LIV Golf will be represented in Florida, the presence of the Saudi-backed venture has loomed large over the 50th edition of golf’s ‘fifth major.’World No. Speaking ahead of The Players Championship, Monahan had said long-running reconciliation talks with LIV Golf were “going to take time” but “accelerating.”How can I watch The Players Championship? PGA Tour Live – which includes coverage of featured holes and groups – is available exclusively to those with ESPN+. Michael Reaves/Getty ImagesThe absence of any LIV Golf players means three of the world’s top-50 ranked players are missing; Rahm (3), Tyrrell Hatton (16), and Brooks Koepka (31).
Persons: Scottie, Jon Rahm, LIV, golf’s, Xander Schauffele, Jay Monahan, , Monahan, LIV Golf, Jared C, Tilton, , Arnold Palmer, Rory McIlroy, teeing, Nick Dunlap, Dunlap, Matthieu Pavon, Jake Knapp, Austin Eckroat, Orlando Ramirez, Tiger Woods, ” Woods, Woods, Michael Reaves, Rahm, Tyrrell Hatton, Brooks Koepka, Cameron Smith, Phil Mickelson, Sergio Garcia, Henrik Stenson, “ You’ve, ” Monahan, , ” Rahm, I’m, ” Scheffler, Scheffler Organizations: CNN, PGA Tour’s, PGA, NBC, ESPN, Sky Sports, Getty, TPC, Arnold Palmer Invitational, American Express, November’s Locations: Florida, Saudi, United Kingdom, that’s
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRegional banks will need to consolidate unless the Fed cuts rates aggressively, says Barry KnappBarry Knapp, Ironsides Macroeconomics managing partner and director of research, joins 'Squawk Box' to discuss the latest market trends, the state of the economy, regional banking crisis, the Fed's inflation fight, and more.
Persons: Barry Knapp Barry Knapp Organizations: Ironsides
CNN —Just two years ago, a cash-strapped Jake Knapp was steering inebriated revelers towards the nightclub exit. “For the rest of my life, this will be my first win on the PGA Tour. Orlando Ramirez/Getty ImagesKnapp won despite hitting just two fairways during the final round, the fewest ever made by a PGA Tour event winner since tracking began in 1983. “I was thankful I wasn’t living off that job; it helped fund mini-tour stuff and [PGA Tour] Canada that summer. “‘Winner, winner, chicken dinner,’ that’s his go-to,” Knapp said.
Persons: Jake Knapp, Knapp, Sami Valimaki, “ I’ll, ” Knapp, ” Knapp toasts, Orlando Ramirez, , , Hector Vivas, ’ Knapp, Gordon Bowley, Bowley, , C’mon, , ’ that’s, he’d Organizations: CNN, Mexico, PGA, American, University of California –, UCLA, Country, Costa Mesa United Locations: Vidanta Vallarta, Finnish, University of California – Los Angeles, Costa Mesa, Canada
The first trailer for the movie “Road House,” a “high-octane, adrenaline-filled reimagining” of the 1989 Patrick Swayze classic, shows a beefed-up Gyllenhaal ready to take on some local bad guys in the Florida Keys. On Monday, Gyllenhaal had teased the movie, sharing the official “Road House” poster and announcing the trailer was coming. Road House - Official Trailer | Prime Video“In the studio, putting the finishing touches on @roadhousemovie and feeling fortunate to have worked with so many talented folks throughout the making of this film,” he wrote. It is the first movie role for MMA fighter Conor McGregor. “Road House” will premiere on Prime Video March 21.
Persons: Jake Gyllenhaal, , Patrick Swayze, Gyllenhaal, Dalton, , Swayze, Doug Liman, Jessica Williams, Lukas Gage, Daniela Melchior, Billy Magnussen, Joaquim de Almedia, Arturo Castro, B.K, Cannon, Beau Knapp, Darren Barnet, Conor McGregor Organizations: CNN, UFC, Bourne Locations: Florida
Germany Can Cut Funding to Far-Right Party, Rules Court
  + stars: | 2024-01-23 | by ( Jan. | At A.M. | ) www.usnews.com   time to read: +1 min
KARLSRUHE, Germany (Reuters) - Germany can cut off state funding to the successor party to the far-right NPD even though it is not banned, the Constitutional Court said on Tuesday in a landmark ruling which adds fuel to a debate about whether the nationalist AfD could be penalised. The court in Karlsruhe justified its decision by saying the National Democratic Party (NPD) and its successor, Die Heimat, aimed to impair or eliminate the country's democratic system. The ruling is being closely watched as mainstream politicians struggle to respond to a surge in support for the far-right Alternative for Germany (AfD), second in most polls with support of about 22%. Hundreds of thousands of people have taken to the streets across Germany protesting against the AfD after a report that some party members discussed policies such as mass deportations of people of foreign origin at a meeting of right-wing radicals. (Reporting by Ursula Knapp; Writing by Madeline Chambers; Editing by Kirsti Knolle)
Persons: Ursula Knapp, Madeline Chambers, Kirsti Knolle Organizations: Constitutional, National Democratic Party, NPD Locations: KARLSRUHE, Germany, Karlsruhe, Bundestag
The long wait between S & P 500 all-time highs is a friendly factor for forward performance, as far as historical observations go. John Kolovos of Macro Risk Advisors says, "It is OK to be bullish on the stock market (S & P 500) just not the market of stocks (everything else)," from a trend-following perspective. Barry Knapp of Ironsides Macroeconomics calculates that the equal-weight S & P is one standard deviation cheap versus the market-cap-weighted index. Remarkably, the S & P 500 first pushed above 19-times forward earnings exactly four years ago, right before the Covid crash. Well, the S & P 500 has delivered an annualized total return near 11% in the four years since.
Persons: Ned Davis, Wayne Whaley, Whaley, I've, haven't, John Kolovos, Barry Knapp, Knapp, USTs, it's, hasn't Organizations: Ned Davis Research, Foresight, Federal, noncommittal, Nvidia, Nasdaq, Deutsche Bank
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