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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe find Citigroup 'really attractive,' says Putnam's Jackie CavanaughJackie Cavanaugh, Putnam Investments portfolio manager, joins CNBC's 'Squawk Box' to discuss outlooks for markets, banks, and more.
Persons: Putnam's Jackie Cavanaugh Jackie Cavanaugh Organizations: Citigroup, Putnam Investments
Experts say tattoos can impact hiring decisions, especially in customer-facing roles. Putnam, from California, said she went into the store to ask why she hadn't gotten the job, and the hiring manager told her she didn't have enough experience. The hiring manager also denied that her tattoos played any role in the rejection. AdvertisementAnother commenter, who said they used to be a hiring manager for the store, said: "I will tell you it's the facial piercings and tattoos." Ivy Johnson, for example, who also has many tattoos, said she had worked in corporate America as a hiring manager before starting up her apothecary business.
Persons: , Ash Putnam, Maxx, Putnam, hadn't, Putnam wasn't, TikTok, Putnam's, Ivy Johnson, Johnson, Adam Collins, isn't, Michelle Enjoli, Enjoli, Justina Raskauskiene, Rachel Pelta, Pelta Organizations: T.J, Maxx, Service, Business, Pew Research, University of Miami, Daily Locations: California, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPowell's a bit more dovish than others, November rate hike likely off the table: F.L. Putnam's HazenEllen Hazen, portfolio manager at F.L. Putnam Investment Management, joins 'Squawk on the Street' to discuss how Hazen perceived Fed chair Powell's latest comments, what happens if the 10-year treasury yield keeps rising, and more.
Persons: Putnam's Hazen Ellen Hazen, Hazen Organizations: Putnam Investment Management Locations: F.L
A company that prioritizes product-market fit can build a great, customer-focused business. The venture capitalist Marc Andreessen has said that for startups, product-market fit is "the only thing that matters." I appreciate Marc's wisdom: Great product-market fit produces a sugar high. And that goal is well aligned with the broader social goal of making people less lonely. Over time, it became apparent that this was not a great social fit.
Persons: I'm, Vivek Murthy, Robert Putnam's, Jeff Bezos, I've, Marc Andreessen, It's, haven't, Apple, Eventbrite, David Risher Organizations: Netflix, Apple, Amazon, Lyft Locations:
They examined the 10 recessions (as defined by the NBER) that occurred from 1955 to 2020 and what happened to the S & P 500 in those time periods. Let's be optimistic and assume that earnings decline 10% in 2022. The S & P currently is at roughly 4,100, so we are talking about a roughly 25% decline in the S & P 500 from current levels. The bulls do have one thing going for them: if a recession is usually preceded by a bear market, the bear market may already have happened. From the January 2022 peak to the October bottom, the S & P 500 declined roughly 25%, about inline with the historic declines during a bear market.
Donald Trump claims Ron DeSantis cried while asking for his endorsement in 2018. Trump backed DeSantis for governor in 2018. —The Republican Accountability Project (@AccountableGOP) February 2, 2023DeSantis was known for being the Trump-backed candidate in the 2018 GOP gubernatorial primary. In an endorsement tweet on June 22, 2018, Trump called DeSantis a "top student at Yale and Harvard Law School." In July 2018, while he was running for governor, DeSantis released a campaign video in which he called himself a "pitbull Trump defender."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirst half of 2023 will be a slog for markets and the Fed, says Putnam's Jackie CavanaughCarol Schleif, CIO at BMO Family Office, and Jackie Cavanaugh, portfolio manager at Putnam Investments, join CNBC's 'Squawk Box' to break down their market outlooks for 2023.
Potentially, that marks the start of a reversal from this year's pattern, which has seen sharp outflows from high yield funds. High yield bond funds have been beaten down this year, like the rest of fixed income. FlexShares' offerings include the actively managed High Yield Value-Scored Bond Index Fund (HYGV) and the ESG & Climate High Yield Corporate Core Index Fund (FEHY) . To be sure, growing concerns about bankruptcies can hurt high yield investors, even if they never materialize. Because the underlying companies are also essentially investment funds, investors are paying management for both the companies and the ETFs.
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