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The central bank's quest for a "soft landing" of more slowly rising prices and continued economic growth looks increasingly probable. In fact, the U.S. may hit a sweet spot just as the 2024 presidential election campaign crescendos next year. Rather than cheering, though, after years of economic turbulence since the coronavirus pandemic erupted in 2020, Americans grumble, at least if you ask them about the economy. With fast rising prices and the end of an array of pandemic-era government benefit programs, inflation-adjusted household income fell last year, and the poverty rate increased. A Biden adviser said the White House understands that the economy and inflation are a critical issue, and the campaign has a big media push planned on "Bidenomics."

Persons: Sarah Silbiger, Jerome Powell, crescendos, grumble, Joe Biden, Donald Trump, Jimmy Carter's, Ronald Reagan, George H, Bush, Democrat Bill Clinton, Clinton, Biden, They've, that's, Robert Shiller, stupidly, Shiller, Powell, Howard Schneider, Trevor Hunnicutt, Heather Timmons, Paul Simao Organizations: El Progreso Market, Washington , D.C, REUTERS, Rights, . Federal, Reuters, Republican, Biden, Democrat, U.S . Consumer, Yale University, McKinsey & Company, McKinsey, Thomson Locations: Mount Pleasant, Washington ,, U.S

☆ Russian soldiers say they dream of conquering Ukrainian cities and moving their families there in haunting recruitment ad
▼ + stars: | 2023-09-19 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Russian troops wistfully discuss plans to "recapture Kyiv" in a haunting new recruitment ad. The commercial shows soldiers planning to move their families to conquered Ukrainian cities. Russia, which has struggled to recruit troops, has doubled payments to soldiers since the war began. It's a cool area," a second Russian Army member replies as gunfire pops and explosions ring out in the background. When the war is over and we recapture Kyiv, I will move my family there."

Persons: wistfully Organizations: Service, Russian Armed Forces, Moscow Times, Russian Army, Pentagon, of America, NATO Locations: Kyiv, Ukrainian, Russia, Wall, Silicon, Ukraine

☆ 7 New Songs You Should Hear Now
▼ + stars: | 2023-06-06 | by ( ) www.nytimes.com time to read: +3 min

Silvana Estrada: “Milagro y Desastre”I always appreciate Jon Pareles keeping an ear out for new artists from a vast variety of cultures and musical traditions. Usually known for her sparse, guitar-driven folk songs, “Milagro y Desastre” — miracle and disaster — is something new for Estrada: a song composed largely with looped, layered fragments of her own voice. (See also: her recent, charming cover of Suzanne Vega’s “Tom’s Diner.”) The cooed, percussive notes that provide the song’s rhythmic backbone remind me a bit of Laurie Anderson’s “O Superman,” but Estrada’s impassioned singing and distinct ear for melody ultimately take “Milagro y Desastre” somewhere unique. Rob Moose featuring Phoebe Bridgers: “Wasted”What a name: Rob Moose. Blur: “The Narcissist”Regular Amplifier readers will know about this one already — in its honor, I composed an entire newsletter featuring some of my favorite Blur songs.

Persons: Anohni, —, ” Anohni, Silvana Estrada, “, Jon Pareles, Suzanne Vega’s, Laurie Anderson’s “, Rob Moose, Phoebe Bridgers, Bon Iver, Brittany Howard, Moose, Bridgers, Damon Albarn’s, Graham Coxon’s, Miya, Miya Folick’s, “ Roach Organizations: Spotify, Johnsons, YouTube, Estrada, British Locations: Mexican, Angeles

☆ Wall St Week Ahead 'Uncharted' sell-off in U.S. stocks has investors wondering when the pain stops
▼ + stars: | 2022-09-23 | by ( David Randall | ) www.reuters.com time to read: +5 min

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2022. REUTERS/Brendan McDermidNEW YORK, Sept 23 (Reuters) - A week of heavy selling has brought U.S. stocks and bonds to fresh bear market lows, with many investors bracing for more pain ahead. Goldman Sachs, meanwhile, cut its year-end target for the S&P 500 by 16% to 3,600 points from 4,300 points. Kevin Gordon, senior investment research manager at Charles Schwab, believes there is more downside ahead because central banks are tightening monetary policy into a global economy that already appears to be weakening. A recession would likely push the S&P 500 to trade between 3,000 and 3,500 in 2023, Jolly said.

☆ Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end
▼ + stars: | 2022-09-23 | by ( David Randall | ) www.reuters.com time to read: +5 min

The S&P 500 is down more than 22% this year. If the S&P 500 closes below the mid-June low in the days ahead, that may prompt another wave of aggressive selling, Stovall said. Goldman Sachs, meanwhile, cut its year-end target for the S&P 500 by 16% to 3,600 points from 4,300 points. "The increased probability of breaking the June S&P 500 price low may be what it takes to invoke even deeper fear. A recession would likely push the S&P 500 to trade between 3,000 and 3,500 in 2023, Jolly said.

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