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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTeeter: Markets have handled the news and uncertainty well, though valuations are a concern. Robert Teeter, Chief Investment Strategist at Silvercrest Asset Management, notes that markets handle current news and uncertainty well, with decent earnings but concerns about valuations. He expects a period of consolidation due to a lack of new catalysts and the Fed's slow movement. Teeter believes the Fed will be data-dependent, possibly moving 25 basis points and then pausing if inflation slows.
Persons: Robert Teeter, Teeter Organizations: Silvercrest Asset Management
President-elect Donald Trump raised eyebrows when he decided to hold a campaign rally in the Bronx in late May. Results so far show Trump winning more than 27% of the vote in the Bronx, shrinking his margin of defeat there significantly. Not only did the Teamsters decline to endorse, Murtaugh noted, but they also released polling in swing states, including Pennsylvania, that showed Trump winning over large numbers of their members. ‘We have no easy path here’For one Democratic policy aide, the biggest concern was movement among younger voters. And what happened [Tuesday] was a Louisville Slugger baseball bat going upside the head of the Democratic Party for not telling people the truth.
Persons: Donald Trump, Trump, Ritchie Torres, , ” Torres, “ Donald Trump’s, Joe Biden, Kamala Harris, It’s, Torres, , Harris, Nancy Mace, Trump’s, , Court’s Dobbs, ” Mace, Robert F, Kennedy Jr, Tulsi Gabbard, Elon Musk, ” Trump, ” There’s, Biden, Mike Berg, ” Tim Murtaugh, Murtaugh, MAGA, , you’re, ” —, we’re Organizations: The New, Democratic, Trump, Republican, Democrat, Democratic Party, NBC, GOP, , National Republican Senatorial, NBC News, Teamsters, Voters, Republicans, Pennsylvania Democrat, Louisville Slugger, Party, county, Democrats Locations: Bronx, The New York City, Manhattan, America, Pennsylvania , Michigan, Wisconsin, Hawaii, Pennsylvania, New York , New Jersey, Illinois, , New York
About three weeks after Elon Musk bought Twitter in October 2022, #RIPTwitter started trending. As the bird app's outlook grew more bleak, several alternative conversation platforms hatched: Narwhal, Spoutible, Spill, Post, and Cohost among them. I talked to several founders about what they learned trying to compete with Musk, and the state of civil discussion online. "There's a ton of power in whoever controls" a big social media platform, Thompson says. Spill, a Black-owned social platform, has been downloaded more than half a million times.
Persons: Elon Musk, RIPTwitter, shitposting, Gabor Cselle, Cselle, Meta, Jack Dorsey, Twitter, Musk, Twitters, he's, imminently, Fortune, Noam Bardin, Andreessen Horowitz, Bardin, Laurene Powell Jobs, Nicholas Thompson, Thompson, Narwhal, Trump, Hitler, Alphonzo Terrell, Kerry Washington, Terrell, there's, Joe Biden, Kamala Harris, Harris, I've, I'm Organizations: Elon, Google, Twitter, Anti Software Software, Politico, Boston Globe, The, Amplica Labs, Democratic, Spill, Phillies
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTeeter: It's important to stay the course here, even though there will be some volatilityRobert Teeter of Silvercrest Asset Management discusses the number of potential catalysts that could impact the markets in coming weeks, including the jobs report, the election, earnings, and the next Fed meeting.
Persons: Robert Teeter Organizations: Silvercrest, Management
“Just to both of us getting frustrated.”Therein lies the problem: Gentle parenting is proving to be too hard on many parents. One study published in July found that over 40% of self-identified gentle parents teeter toward burnout and self-doubt because of the pressure to meet parenting standards. A wave of think pieces called gentle parenting “too gentle” of a practice that required a parent to turn into a “self-renouncing, perpetually present humanoid.”The gentle parenting philosophy, said Pezalla, is largely a social media trend with no scholarship to back it up. Enter gentle parenting. In theory, gentle parenting has great values to apply to parenting practices — speak kindly and honor connections.
Persons: Lauren Eaton Spencer, Noah, Spencer, , ” Spencer, There’s, Annie Pezalla, Emily Oster, Vivek Murthy, Sarah Ockwell, Smith, gentleparenting, , Dr, Kenneth Ginsburg, overindulgent, Ginsburg, it’s, Diana Baumrind, , Becky Kennedy’s, disciplining, Mariah Maddox, Maddox, Nate, we’re, Loly Spencer, ” “, Pezalla, “ We’ve Organizations: Macalester College, Star, Children’s Hospital of Philadelphia, Parent, NBC News, Pew, University of North Locations: Katy , Texas, influencers, U.S, Lucas County , Ohio, University of North Texas,
New York CNN —Cooking a Thanksgiving turkey presents a host of unique challenges, including making sure it’s not dry, and making sure it’s delicious. But thawing out a multi-pound frozen bird is the first big one. Butterball has a solution with a new frozen turkey that the company says eliminates the hours-long thawing process. This week, the country’s largest turkey producer unveiled a new “Cook from Frozen” turkey that only has two steps to make it, which are unwrapping it and popping it in the oven. Butterball made a “specially formulated” brine that keeps the meat moist during the roughly 5-hour long roasting process.
Persons: Butterball, Cook, it’s, Neil Saunders, ” Saunders, Harris Teeter Organizations: New, New York CNN, GlobalData, CNN, Walmart, Kroger Locations: New York, Turkey
This is the story of how the marathon has changed, told by some of the people behind the technological revolution. Marathon running is done individually but succeeds best when athletes work in packs, either with official pacemakers or using each other to share workloads and draft. They put one into a marathon shoe in a 2006 study, got sub-elite athletes to run on treadmills, and found a 1.3 per cent benefit in terms of energy reduction. “We set up at that point (2016), one of the most in-depth and best controlled studies on running shoes. Hoogkamer uses MRI scanners at the University of Massachusetts, which “you can’t really run in.” Some opt for ultrasound devices and others for muscle oxygenation sensors.
Persons: Eliud Kipchoge, Kipchoge, Roger Bannister’s, He’d, Alex Halada, Kelvin Kiptum’s, Paula Radcliffe’s, Tigst Assefa, Peres Jepchirchir, Tim Hutchings, Kenenisa Bekele, Sir Jim Ratcliffe, , Maxwell Muttai, Benno Nigg, , Wouter Hoogkamer, Nike’s, , ” Nigg, Hoogkamer isn’t, he’s, it’s, you’re, Marco Tacca, Muttai, They’re, they’re, Nike Vaporfly, Hoogkamer, Liam Tharme, Soh Rui Yong, Molly, “ There’s, Rui Yong, Yong Teck Lim, Soh, “ Asics, Hutchings, , Mike Marsland Organizations: Breaking2, Getty, London, Research, University of Calgary, Nike, University of Colorado, of Colorado, Athletic, Adidas, University of Massachusetts, New York City Marathon, Sports, Asics, Brands, World Athletics, Formula, Nike Vaporfly Locations: Vienna, Rio de Janeiro, Monza, Nike’s Alphaflys, AFP, Chicago, Berlin, Tokyo, Boston, London, Chicago , New York, supershoes, Paris, Boulder , Colorado, , Rio
Israel observes the first anniversary of the Oct. 7 attacks as it steps up attacks on Gaza and Lebanon. The people of Gaza have endured an unmitigated humanitarian catastrophe as Israel carries out one of the most intensive bombing campaigns in history. Gaza was already impoverished, overcrowded and largely inescapable, blockaded by Israel and Egypt for 17 years. Life-threatening storm surges are due to hit the state’s Gulf Coast as Hurricane Milton is set to make landfall on Wednesday. Justine Goode / NBC News; Getty ImagesWaking up and browsing your closet each morning might sometimes feel like an immense challenge.
Persons: Israel, Hurricane Milton, It’s, , , Frank Lowenstein, Barack Obama, Milton, Helene, Hurricane Helene, Anna Maria, Ron DeSantis, Donald Trump, Bush, Gore, George W, Joe Biden’s, Roe, Wade ., Clarence Thomas, Samuel Alito, NFL Todd Rosenberg, Jalen Tolbert, Greg Rosenstein, alen, J. Organizations: Hamas, United Nations, IDF, United, Gov, Washington, Getty, Republican, Wade, NFL, Getty Images Dallas Cowboys, Pittsburgh Steelers, Sunday, NBC Locations: Gaza, Lebanon, Hurricane, Florida, Israel, Egypt, Beirut, Iran, United States, Coast, Tampa, Gulf of Mexico, U.S
Outside the Mellow Mushroom, there was a long line of people Tuesday waiting for something that has also been hard to come by — pizza. Gerry Mahon, who owns the popular pizzeria on Broadway Street, said he has given out $5,000 worth of pizza to his fellow storm survivors. "It’s good," a delighted Charity Padilla, of Asheville, said after she secured one of the precious pies. A long line of cars queued up Tuesday at a drive-thru water distribution center at Asheville Middle School. Koral Alexander, who lives near Pisgah National Forest outside Asheville, said she was in town watching a friend's dog when the storm hit.
Persons: Hurricane Helene, Gerry Mahon, Mahon, Helene, Charity Padilla, It’s, I’ve, ” Padilla, , Alyse Goodman, Sean Morrison, ” Goodman, Goodman, Morrison, chow, Jeanisha Williams, Williams, We've, ” Williams, We’ve, Andrez Vives, Brianna Lee, Lee, Harris, it’s, Sala Menaya, Merritt, Menaya, Koral Alexander, Alexander, Minyvonne Burke, Corky Siemaszko Organizations: YMCA, Asheville Middle Locations: ASHEVILLE, N.C, Hurricane, Florida, North Carolina, Buncombe County, Asheville, Asheville's Hillcrest, Pisgah, Forest, New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTeeter: Healthcare has potential for margin gains, driven by AI and roboticsRobert Teeter, Head of the Investment Policy & Strategy Group at Silvercrest Asset Management, sees opportunities in healthcare, predicting margin gains through AI and robotics despite labor challenges.
Persons: Robert Teeter Organizations: Investment, Silvercrest Asset Management
Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. "The market got a little bit ahead of itself in that run-up that it's had. Soon, traders began pricing in aggressive Fed rate cuts after expecting the central bank to do little the rest of the year. "This is the confluence of a very high market that has been soaring and riding on a lot of sentiment and emotion. For several months now, the momentum trade has been the successful trade," said Michael Farr, CEO of Farr, Miller & Washington.
Persons: Spencer Platt, Robert Teeter, it's, John Belton, , Kamala Harris, Republican Donald Trump, Michael Farr, Farr Organizations: New York Stock Exchange, Getty, Federal Reserve, Silvercrest Asset Management, Dow Jones, Labor Department, Gabelli, Bank of Japan, Nvidia, Democratic, Republican, Miller & Washington Locations: New York City, cumulatively, Ukraine, U.S
Cole is an example of what retirement can look like with a good savings plan and a variety of government assistance programs. Her prior government role left her with a hefty retirement benefit; she still gets healthcare. She's taken advantage of a few water aerobics classes in DC and was swimming up at a pool near Capitol Hill. "The last season," what she calls the "senior season" of life, is the best, Cole said. "I know people think they're in a good season now, but live long enough to get that Medicaid card," she said, adding: "I don't have nobody to tell me what to do.
Persons: , Carol Cole, she's, Fred —, Cole, scot, didn't, Carol, Harris Teeter, Ross, She's, It's Organizations: Service, Fiat, Business, Produce, Kennedy Center, DC, Amtrak Locations: Washington, Charlottesville , Virginia, bam, It's, San Francisco, Chicago, Denver, Reno, Vegas
Against that already grim backdrop, photos and videos of a dead Malayan tiger went viral on social media in late June. It was the fourth Malayan tiger killed by a vehicle collision between November 2023 and May 2024, according to authorities. Video Ad Feedback In Thailand, these tigers are coming back with a roar 04:04 - Source: CNNEight-year planThe Malayan tiger was recognized as a subspecies in 2004. In an eight-year National Tiger Conservation Action Plan released in collaboration with non-profit groups in 2020, Malaysian officials outlined priorities such as conservation tools and a “National Physical Plan” to aid conservation efforts. CNN has reached out to official wildlife agencies for further comment about recent tiger conservation efforts.
Persons: ” Henry Chan, ” Chan, , , Mark Rayan Darmaraj Organizations: CNN, Malayan, World Wildlife Fund Malaysia, Wildlife Conservation Society Malaysia, Conservation Locations: Malaysia, Kelantan, Pahang, Perak, Thailand, Bengal, South Asia, Malayan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTeeter: Excellent time for European equities with elections behind usRobert Teeter, Head of the Invsetment Policy & Strategy Group at Silvercrest Asset Management, discusses the U.S. and European markets.
Persons: Robert Teeter Organizations: Silvercrest Asset Management
Put another way, this isn’t going to be an “abortion” election or an “economy” election: 2024 is going to be the mom election. That decline is largely attributed to one key cost: child care. Both have since lapsed, leaving many families to teeter on (or fall off) a “child care cliff.”In 2024, the cost of child care — the cost of motherhood — has become untenable. They don’t see “motherhood issues,” such as child care and paid leave, as substantive, economic issues worth fighting for. For decades, moms have been divided — working moms versus stay-at-home-moms, single moms versus coupled moms, Moms for Liberty versus Moms Demand Action.
Persons: CNN — Kellyanne Conway, Reshma, Biden, Donald Trump, ” Conway, Conway, , who’ve, we’re, ” isn’t, they’re, Trump Organizations: CNN, , New York Times, , Federal, Household Economics, Liberty, Twitter, Republicans Locations: teeter
When consumer sentiment falters or the economy starts to teeter, RV sales follow suit, said Michael Hicks, an economics professor at Ball State University and director of Indiana University’s Center for Business and Economic Research. “People don’t make these large, luxury purchases unless they’re actually feeling better about the economy,” said Hicks, who follows the RV industry closely. “It’s so sensitive to interest rate changes, which often precede a downturn.”A Winnebago travel trailer at Motor Sportsland RV dealership in Salt Lake City on April 6, 2020. Nika Shneyder and her father and business partner, Alex Shneyder, standing by a Chill RV in Malibu RV Park, California, in 2019. They moved down to a historically strong, but noticeably smaller, 493,000 the next year, according to data from the RV Industry Association.
Persons: That’s, Nika Shneyder, “ We’re, ” Shneyder, , Michael Hicks, , Hicks, George Frey, bode, ” Michael J, Happe, hasn’t, We’ve, we’ve, Covid, Alex Shneyder, Nika, they’d, Monika Geraci, David Titus, Ty Wright, there’s, Ball State’s Hicks, ’ Titus, they’re, we’ll, Titus, ” Titus Organizations: CNN, Ball State University, Indiana University’s Center for Business, Economic Research, Bloomberg, Getty, Winnebago Industries, RV Industry, Dealers, RVs, Consumers, HL Enterprise, Manufacturing, of Labor Statistics Locations: Los Angeles, teeter, Salt Lake City, YOLO, Malibu, , California, Elkhart , Indiana, The Northern Indiana, South Bend, Elkhart, , Elkhart .
And I think if somebody doesn't fix the problem, we could be gone," Malcolm Collins previously told BI in 2022. Malcolm Collins resumed his conversation with the stunned reporter after telling his child: "I love you but you gotta be nice in restaurants. Related storiesSoon afterward, the episode went viral on X — the platform owned by Elon Musk, whom Malcolm Collins was incidentally gushing over moments before striking his toddler. This is all to say that yes, 100%, Torsten was pushing boundaries and not acting unintentionally," Simone Collins wrote. AdvertisementOver the phone, Malcolm Collins told Business Insider that he "bopped" his son on the nose to jar him, not to hurt him.
Persons: Malcolm, Simone Collins, Malcolm Collins, Jenny Kleeman, Elon Musk, Christ, Torsten Savage, Torsten Organizations: Service, Business, Guardian, Elon, CNN Locations: Pennsylvania
Teeter: Health care is ripe for disruption and earnings growth
  + stars: | 2024-05-22 | 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 EmailTeeter: Health care is ripe for disruption and earnings growthRobert Teeter, Head of the Investment Policy and Strategy Group at Silvercrest Asset Management, discusses Nvidia, the rate cut timeline, and his top sector picks.
Persons: Robert Teeter Organizations: Investment, Silvercrest Asset Management, Nvidia
Read previewTwo-year-old Graza has popularized squeeze bottles filled with olive oil that appear in seemingly every food influencer's social videos. And those influencers are playing a key role in the brand's largest product launch to date beyond the squeezable bottles: Beer-can refills. On May 9, Graza rolled out beer cans of olive oil, sending the new product to about 300 creators, said Kendall Dickinson, head of social and influencer marketing for Graza. The goal was to show people how to refill the signature squeezable bottles with more sustainable cans and a kitchen funnel. For example, a TikTok and Instagram video shows how to make onion rings using Pabst Blue Ribbon beer and Graza's olive oil.
Persons: , Graza, Kendall Dickinson, Andrew Benin, influencers, Dickinson, Harris Teeter, We've Organizations: Service, Graza, Business, Procter, Gamble, Walmart Locations: Benin
The energy sector has pulled up from behind to overtake nearly every other sector of the market this year and may still have room to advance, according to analysts. The energy sector has gotten a lift as crude oil prices are on a tear this year after plummeting in the last quarter of 2023. The refiners Marathon Petroleum , Phillips 66 and Valero also hit all-time highs on Friday. Diamondback Energy is trading at all-time highs Monday dating back to its IPO in October 2012, while ConocoPhillips is at levels that have not been seen since November 2022. "We think it's a theme that has more to go as well," Ginsberg said of the energy sector rally.
Persons: Jonathan Krinsky, Krinsky, it's, Rob Ginsberg, Brent, Iran teeter, Ginsberg, Valero Organizations: Energy, BTIG, Exxon Mobil, Wolfe Research, Fund, JPMorgan, OPEC, refiners, Petroleum, Phillips, Diamondback Energy, ConocoPhillips Locations: Ukraine, Israel, Iran, Occidental
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTeeter: Valuations are a bit elevated, but we're nowhere near a bubbleRobert Teeter of Silvercrest Asset Management says the markets will continue to struggle to come to terms with a Fed that's likely to remain on pause until at least June or July.
Persons: Robert Teeter Organizations: Silvercrest, Management
By the time I was 26, in 2020, I still hadn't outgrown the drinking phase I had started when I turned 18. After a particularly heavy night, I was rushed to the emergency room and spent the night in the hospital due to a drug overdose. He joked sometimes that when he saw my name flash up on his screen, it would give him a mild panic attack. He was always a firm but fair man, so I listened intently when he phoned me months later with a proposition. I updated my dad after every new bit of spending, proud that I hadn't sniffed it away.
Persons: I'd, It's
New York CNN —The Federal Trade Commission on Monday sued to block the $25 billion deal between Kroger and Albertsons, alleging the largest supermarket merger in US history would lead to higher prices for consumers. The merger, announced in 2022, sought to combine the fifth and tenth largest retailers in the country. “This supermarket mega merger comes as American consumers have seen the cost of groceries rise steadily over the past few years. With the FTC’s blessing, Haggen, a small supermarket chain in the Northwest with just 18 locations, bought 146 of the former Albertsons and Safeway stores. She criticized the FTC’s handling of Albertsons’ deal with Safeway, pointing to it as a prime example of the limitations of divestitures.
Persons: Harris Teeter, Fred Meyer, Kroger, Rodney McMullen, Henry Liu, Piggly, Khan, Lina Khan, Haggen, ” Khan, Organizations: New, New York CNN, Federal Trade Commission, Kroger, Albertsons, Safeway, Vons, Bureau of Labor Statistics, FTC, Walmart, Amazon, Costco, Competition, S Wholesale Grocers, Democrats, Republicans, Capitol Locations: New York, United States, Aldi, FTC’s, Northwest
CNN —Judge Arthur Engoron hit Donald Trump with his biggest punishment to date on Friday, in a ruling that fined the former president $355 million for fraudulently inflating the values of his properties. Combined with the $83 million judgment issued against Trump for defaming E. Jean Carroll, that means Trump has been fined roughly $438 million over the past four weeks. Engoron found that the defendants’ fraud saved them about $168 million in interest, fining Trump and his companies that amount. “Overall, Donald Trump rarely responded to the questions asked, and he frequently interjected long, irrelevant speeches on issues far beyond the scope of the trial,” Engoron wrote. properties that offered a much lower valuation than reported on Donald Trump’s financial statements.
Persons: Arthur Engoron, Donald Trump, Jean Carroll, Trump, Friday’s, Engoron, , ” Engoron, Letitia James, fining Trump, , Bernard Madoff, Alexander Pope, , Trump’s, fixer ‘, Michael Cohen’s, Cohen, “ Michael Cohen, “ Trump, Michael Cohen, – who’ve, execs Allen Weisselberg, Jeff McConney, Eric Trump’s, “ Eric Trump’s, begrudgingly ”, Eric Trump unconvincingly, Donald Trump’s, Eric, Donald Trump Jr, Ivanka Trump, , Christopher Kise, ” Kise Organizations: CNN, Trump, defaming, Trump Organization, New York, Post, Independent, , Trump Org, Independent Monitor, SFC, Washington DC, OAG, Division Locations: New York, Washington , DC, Ferry, Bronx, York, , disgorgement, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFuel for the market rally is dependent on the Fed's execution of rate cuts, says Robert TeeterRobert Teeter, Head of the Investment Policy & Strategy Group at Silvercrest Asset Management, discusses the economic data out this week and its impact on the markets.
Persons: Robert Teeter Robert Teeter Organizations: Investment, Silvercrest Asset Management
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