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☆ Stifel says the S&P 500 will rally 15% over the next 6 months as inflation cools
▼ + stars: | 2022-10-24 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Expect the S & P 500 to rally as much as 15% over the next six months as inflation cools and the Federal Reserve pares back its aggressive tightening campaign, Stifel says. "We do not think a 'classic' U.S. recession has begun, and yet the S & P 500 has already fallen in-line with a post-WW2 recession average," he wrote. Bannister's call comes after the S & P and major averages capped off their best week since June on Friday. BMO Capital Markets' chief investment strategist Brian Belski trimmed his year-end S & P price target to 4,300, saying he had underestimated the influence of inflation. Near-term trends favor cyclical stocks like the beaten-up semiconductors, media and entertainment and tech hardware stocks, Bannister said.

☆ This company wants to pay you $20,000 to make chili at a football game—here’s how to apply
▼ + stars: | 2022-10-23 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Calling all tailgate chefs: You could earn $20,000 and free tickets to the SEC Championship Game by mixing up the right batch of chili. Knoxville, Tennessee-based Bush's Beans is currently hiring its "first ever" chili commissioner. They'll also compete in the tailgate's chili cookoff, judged by a panel of recent World Championship Chili Cook-Off champions. The Bulldogs avenged that loss the following month in the College Football Playoff national championship game, defeating the Crimson Tide in a rematch. Both teams are early contenders again for this year's SEC Championship game, alongside the Tennessee Volunteers, Ole Miss Rebels and LSU Tigers.

☆ Analysts are pounding the table for these 'well positioned' stocks head of earnings
▼ + stars: | 2022-10-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Analysts say there are a handful of buying opportunities as earnings season continues, including a slew of big names. CNBC Pro combed through the top Wall Street research to find stocks to buy ahead of earnings. In fact, Keane said the company's upside potential is so large, it hasn't even begun to scratch the surface. In fact, the firm said it sees "potential upside" due to iPhone "share gains in China and the enterprise market." "We believe CMG represents a rarity as we hunt through our coverage for earnings upside," Bittner said.

☆ Dutch name preliminary World Cup squad list
▼ + stars: | 2022-10-21 | by ( ) www.reuters.com time to read: +2 min

AMSTERDAM, Oct 21 (Reuters) - Netherlands coach Louis van Gaal on Friday sprung some surprises as he named a 39-man preliminary squad for the World Cup in Qatar next month. Mitchel Bakker, Xavi Simons and Micky van de Ven were named for the first time while uncapped Sven Botman, Jeremie Frimpong and Pascal Struijk, who have received previous call-ups, were also included in a list dominated by nine players from Dutch champions Ajax Amsterdam. All World Cup-bound teams are required to select between 35 and 55 players in a preliminary list by Friday and it is from this list that they must make the final selection of 26 by 1800 GMT on Nov. 14. Register now for FREE unlimited access to Reuters.com RegisterThe Dutch compete at the World Cup in Group A and start the tournament on Nov. 21 with a match against Senegal, followed by Ecuador and Qatar in the first round. Register now for FREE unlimited access to Reuters.com RegisterWriting by Mark Gleeson in Cape TownOur Standards: The Thomson Reuters Trust Principles.

☆ Family of Arizona man killed by police after throwing rocks at their patrol cars plan to sue for $85 million
▼ + stars: | 2022-10-19 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

The family of an Arizona man fatally shot by Phoenix police after he threw rocks at their patrol vehicles has filed a notice of claim seeking $85 million. Osman family via KPNXOsman, 34, died at a hospital after two police officers shot him near an intersection in Phoenix. The department said the incident stemmed from Osman hitting police cruisers with rocks. As the patrol vehicles approached the intersection, Osman continued to throw rocks, according to the sergeant. Bower said one of the rocks hit one of the officers in the shin and that both patrol vehicles were damaged, including one which had a broken spotlight.

☆ Your ‘personal inflation rate’ varies by where you live, among other factors
▼ + stars: | 2022-10-18 | by ( Sarah O'Brien | ) www.cnbc.com time to read: +1 min

Yet, depending on variables such as location and spending patterns, your personal rate of inflation could be better or worse than the national average. In September, prices overall were 8.2% higher than they were a year earlier, as measured by the consumer price index, or CPI. More from Personal Finance:How households are preparing for possible recessionThese colleges are promising zero student loansHere's the latest inflation breakdown — in one chartTake location, for instance. Some metro areas in the U.S. come with an overall inflation rate that's worse than the average, according to research from personal finance website WalletHub, which used data from the federal Bureau of Labor Statistics to compile its study. And in Phoenix, the rate of yearly inflation in August was 13%.

☆ Mississippi River water woes, retail overstock trailers: Latest supply chain stresses for economy
▼ + stars: | 2022-10-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

The towboat Roberta Tabor pushes barges up the Mississippi River in Granite City, Illinois, US, on Friday, July 9, 2022. Bloomberg | Bloomberg | Getty ImagesAccording to the National Weather Service Memphis Office, the Mississippi River is projected to tie the all-time record of -10.70 feet, either later today or tonight. The Mississippi River is a vital waterway for trade and the lower water levels have impacted the amount of commodities that can be imported or exported out of New Orleans. "Our members depend upon adequate water levels in the Mississippi River system, to reach domestic and international export markets. The East Coast congestion has had a massive impact on vessel reliability.

Organizers with Stop TxDOT I-45 said expanding in the area would hurt the predominantly Black and Latino communities along the stretch. Kendra London joined Stop TxDOT I-45 three years ago when she learned of the state’s plans to expand the highway. Stop TxDOT I-45 and Allendale Strong are two of more than 70 groups across the country that comprise the Freeway Fighters Network, a coalition of groups advocating for the dismantling of harmful highways and urging city leaders not to expand highways or build new ones. “We hadn’t actually stopped building new highways that still harm communities, predominantly communities of color. “We should be thinking about long-term repair,” Hood said, highlighting the Black communities affected by the highway.

☆ BMO: These 42 dividend stocks will provide strong income growth as inflation continues to run hotter than expected
▼ + stars: | 2022-10-15 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

Brian Belski, the top strategist at BMO Capital Markets, just cut his S&P 500 price target. Here are 42 stocks to consider for strong dividend growth as prices continue to surge. His revised S&P 500 target implies that the index will rise by a "more realistic" 19% in the fourth quarter to finish the year at 4,300. Focus on 42 stocks with solid dividend growth as inflation runs rampantBelski and his colleagues at BMO Capital Markets have nine investing strategy portfolios that can serve as models for investors. Below are the 42 stocks that are currently in the US dividend growth portfolio along with the ticker, sector, dividend yield as of October 10, and rating from BMO analysts for each.

☆ A 26-year market vet breaks down why investing legend Jeremy Grantham is correct to compare the current market to the 2000 and 2008 'superbubbles' — and warns stocks will fall another 20%
▼ + stars: | 2022-10-15 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

There's little reason for optimism in today's market, Lance Roberts laments. Just look at the barrage of headwinds facing stocks right now, the RIA Advisors CIO said in an October 10 commentary. At the start of this year, investing legend and founder of GMO Jeremy Grantham, said stocks were in their fourth superbubble in the last century given that market valuations had veered from historical norms so drastically. On Friday, Roberts told Insider that he agrees with Grantham's assessments, and that he sees the S&P 500 dropping to around 2,900. One of Wall Street's most bullish strategists this year, BMO's Brian Belski, cut his 2022 price target on the S&P 500 again on Friday to 4,200.

☆ Watch CNBC's full interview with BMO's Brian Belski
▼ + stars: | 2022-10-14 | 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 EmailWatch CNBC's full interview with BMO's Brian BelskiBrian Belski, BMO chief investment strategist, joins 'Halftime Report' to discuss Belski's price target for the S&P 500, how stocks will perform if the Federal Reserve keeps raising rates, and more.

☆ BMO cuts 2022 year-end S&P 500 outlook, saying it underestimated inflation
▼ + stars: | 2022-10-14 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

BMO Capital Markets chief investment strategist Brian Belski cut his 2022 year-end stock market forecast after saying he underestimated the impact inflation would have on markets. The simple answer is the inflation environment, which we underestimated with our previous forecast. And with future CPI reports expected to remain hot, we decided we need to be more realistic in terms of 4Q performance expectations," Belski wrote in a Thursday note. The September reading on the consumer price index released Thursday showed inflation rising more than anticipated. "[Although] we have tempered our enthusiasm, we truly believe that stocks can and should rebound from current levels," Belski wrote.

☆ We will transition into more normalized returns and earnings growth in '23, says BMO's Brian Belski
▼ + stars: | 2022-10-14 | 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 will transition into more normalized returns and earnings growth in '23, says BMO's Brian BelskiBrian Belski, BMO chief investment strategist, joins 'Halftime Report' to discuss Belski's price target for the S&P 500, how stocks will perform if the Federal Reserve keeps raising rates, and more.

☆ BMO's Brian Belski becomes latest bull to cuts his S&P 500 price target after inflation comes in hotter than expected
▼ + stars: | 2022-10-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

BMO's Brian Belski is the last bull to cut his year-end price target for the S&P 500 amid high inflation. In a Friday note, Belski cut his S&P 500 price target to 4,300 from 4,800. Belski initially set a 2022 year-end price target of 5,300 late last year. Belski lowered his price target mainly due to higher inflation, which was top of mind on Thursday following September's higher-than-expected CPI report. Any kind of relative rate of change with respect to positive [news], people are going to rush in and buy stocks," Belski said.

Sony Honda Mobility said on Thursday it was aiming to deliver the first of the unnamed EV by 2026, starting in the United States, and will sell them online. Honda has about 1,100 Honda dealers and 270 Acura dealers. "I get teaming up with Sony, but it should be done in conjunction with the dealer network, not outside it," he added. Sony Honda officials promised the vehicle - to be built at one of Honda's Ohio plants - will include advanced driver-assist features and a new software system developed by Sony that offers cloud-connected services that generate recurring revenue. Sony Honda officials declined to say under what brand the vehicle will be sold.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrayscale files lawsuit against SEC, Bitfury CEO lays out state of U.S. regulation: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Bitfury CEO Brian Brooks discusses crypto markets and where regulation in the U.S. is headed.

☆ The NFL updates its concussion protocol after Tua Tagovailoa injury, but a culture change is still needed
▼ + stars: | 2022-10-11 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +10 min

Miami Dolphins player Tua Tagovailoa was injured in a game against the Cincinnati Bengals. A number of former NFL players are taking to social media saying the NFL failed him. On Saturday, The NFL and NFL players union agreed to modify the league's concussion protocol. After leaving the league, Martin was arrested in 2018 for a social-media post that police deemed threatening. "Tua Tagovailoa will never be the same."

☆ The Teen Mental Health Industry Is Failing Them - The New York Times
▼ + stars: | 2022-10-11 | by ( Alexander Stockton | ) www.nytimes.com time to read: +26 min

Sometimes they are treated in ways that are illegal to treat prisoners, let alone kids seeking mental health treatment. But former patients from residential treatment facilities whom Times Opinion interviewed said they received one-on-one therapy only once a week, if that. The company owns dozens of hospitals and hundreds of behavioral health facilities and makes about $11 billion a year. In 2017, when he was 15 years old, his mother, Renee Hanania, sent him to a UHS facility in Virginia. America’s patchwork mental health treatment is still insufficient.

☆ The Justice Department's sex trafficking investigation into Rep. Matt Gaetz seems stalled, attorneys say
▼ + stars: | 2022-10-08 | by ( Marc Caputo | Marc Caputo Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +21 min

Those included a stalking charge for falsely smearing a political rival as a pedophile, identity theft and sex trafficking the same 17-year-old who is the alleged victim in the Gaetz case. The alleged victim, who turned 18 in December 2017, did not answer requests for comment from NBC News. Also according to that plea agreement, the alleged victim falsely claimed she was of age on her SeekingArrangement profile. The Gaetz investigation became public in March 2021, after The New York Times reported the general contours of the investigation. The potential witnesses in the federal government’s inquiry into Gaetz is not limited to Greenberg, the alleged victim and Gaetz’s ex-girlfriend.

☆ I'm an Upper West Side personal trainer who charges $140 an hour. I make my own hours and love my flexible schedule — here's what my days are like.
▼ + stars: | 2022-10-05 | by ( Gabriela De Camargo Gonçalves | ) www.businessinsider.com time to read: +5 min

Penny Smart is a personal trainer who owns a gym on the Upper West Side of Manhattan, New York. The current location of Dakota Personal Training and Pilates, which is my third gym, is very near Central Park on the Upper West Side. Number two would be to start at a commercial gym because that's where you could gain experience and get referrals. I'd only been on staff as a trainer for one year at a commercial gym before I became an independent trainer. From that point on I rented space at the training gym that I eventually bought from the owner.

Prosecutors with the 18th Judicial District and DEA agents seized 114 pounds of pure fentanyl in Colorado. A spokesman for the Colorado State Patrol, which made the initial discovery of the fentanyl, provided a blunt account of the botched operation. But after this story was published, a DEA official confirmed the seizure of 114 pounds of fentanyl. "DEA is relentlessly pursuing the individuals that were involved in the trafficking of the seized fentanyl and will continue to do so." “We’ve got a record amount of fentanyl involved here, in fact, enough fentanyl to kill everyone in the state of Colorado,” Figliuzzi said.

☆ Man pleads guilty in hit-run death of ‘Gone Girl’ actor Lisa Banes
▼ + stars: | 2022-09-29 | by ( The Associated Press | ) www.nbcnews.com time to read: +1 min

The man charged with fatally striking “Gone Girl” actor Lisa Banes with an electric scooter last year pleaded guilty to manslaughter Wednesday and is expected to be sentenced to one to three years in prison. Brian Boyd, 27, will be sentenced Nov. 30 in the death of Banes, who was hit by the scooter Boyd was operating as she crossed a New York City street in June 2021. He pleaded guilty Wednesday to second-degree manslaughter and leaving the scene of an incident without reporting. The sentence promised to Boyd was less than the three to nine years that prosecutors from the Manhattan district attorney’s office had sought. “Lisa Banes will be remembered for her contributions to the rich fabric of New York City through her roles on screen and on Broadway.

☆ Botswana's Morupule aims to boost coal output by 50% with new mine
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +2 min

A Transnet Freight Rail train is seen next to tons of coal , File. Despite the country's estimated 212 billion tonnes of coal resources, MCM was its only operating mine until Minergy Ltd (MIN.BT) commissioned a new one in 2019 with an annual capacity of 1.2 million tonnes. MCM currently produces 2.8 million tonnes of coal a year from its underground operations, feeding two nearby state-owned power stations and exporting to South Africa, Namibia and Zimbabwe. The open cast mine has the potential to supply power station-grade coal for more than 30 years. Minergy said last week its total sales volume for the financial year ended June 2022 increased by 40%, with record sales achieved in May 2022.

☆ Stark divide in P/E multiples leaves plenty of value and opportunity for stockpickers
▼ + stars: | 2022-09-27 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Third quarter corporate earnings are set to kick off soon, and there are the usual concerns about an earnings collapse. While some sectors —technology chief among them — have seen earnings come down, the S & P 500 has not collapsed. Analysts are still expecting S & P earnings gains of roughly 5% for Q3. However, the multiple (P/E ratio) has collapsed, as Brian Belski from BMO pointed out in a note to clients. Belski noted that 66% of S & P 500 stocks currently have P/E multiples below their historical averages, compared to 40% at the end of 2021.

☆ Investors are underinvested in U.S. stocks, strength will come from it in the Q4, says BMO's Brian Belski
▼ + stars: | 2022-09-27 | 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 EmailInvestors are underinvested in U.S. stocks, strength will come from it in the Q4, says BMO's Brian BelskiBrian Belski, BMO chief investments strategist, joins the 'Halftime Report' to discuss his overall view on the markets, stocks being at session lows and the Fed's impact on stocks and the economy.

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