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CNBC Daily Open: Wariness over rate cuts lingers
  + stars: | 2024-02-22 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Stocks mixed bagWall Street ended Wednesday mixed as investors digested the U.S. Federal Reserve's minutes from the January meeting. Fed's cautionMinutes from the Federal Reserve's last meeting showed central bank officials expressed caution about lowering interest rates too quickly.
Persons: Jerome Powell, Takeshi Ebisawa, Morgan Stanley, Jim Caron Organizations: New York Stock Exchange, CNBC, Dow Jones, Nasdaq, Nvidia, Federal, U.S . Drug, Administration, Morgan Stanley Investment Locations: New York City, . Federal, New York, Japanese, Thailand
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBiggest concern for the markets is the environment is actually good, says Kevin CaronKevin Caron, Senior Portfolio Manager at Washington Crossing Advisors, discusses the recent market sell-off and the higher-for-longer rate narrative.
Persons: Kevin Caron Kevin Caron Organizations: Crossing Advisors
Therapists Trade the Couch for the Great Outdoors
  + stars: | 2024-02-05 | by ( Christina Caron | ) www.nytimes.com   time to read: +1 min
Sometimes a pine cone is just a pine cone. “Growing up, I had some challenges,” Ms. Oppenheimer said, referring to her prickly teenage past, “some struggles with managing my emotions.”But her grandmother, who died four years ago, was soft like the feather, and gave her unconditional love that reminded Ms. Oppenheimer how important it was to treat herself with “soothing tenderness,” especially when she became self-critical. Ms. Oppenheimer and her clinical supervisor, Heidi Schreiber-Pan, were visiting Talmar, a nonprofit farm that offers therapeutic programs and vocational training — a short drive from the busy road and nondescript strip malls near their office. At the farm, the only sounds were a burbling stream, trilling birds and several inches of snow crunching beneath their feet. It was the perfect location to teach Ms. Oppenheimer therapeutic techniques that make use of the natural world.
Persons: Rachel Oppenheimer, ” Ms, Oppenheimer, Ms, Heidi Schreiber Organizations: Chesapeake Mental Health, Locations: Towson, Md
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s Fed panel react to the Federal Reserve’s interest rate decisionJPMorgan’s David Kelly, Citi’s Kristen Bitterly and Morgan Stanley’s Jim Caron, join 'Power Lunch' to discuss the Fed decision to keep rates unchanged.
Persons: David Kelly, Citi’s Kristen, Morgan Stanley’s Jim Caron Organizations: Watch
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed cuts come down to the labor market, says Morgan Stanley’s Jim CaronDavid Kelly, JPMorgan Asset Management chief global strategist, Kristen Bitterly, Citi Global Wealth Management head of North America investments, and Jim Caron, head of Macro Strategies for Global Fixed Income at Morgan Stanley, join 'Power Lunch' to discuss the Fed decision to keep rates unchanged.
Persons: Morgan Stanley’s Jim Caron David Kelly, Kristen, Jim Caron, Morgan Stanley Organizations: Fed, JPMorgan Asset Management, Citi Global Wealth Management Locations: North America
From the outside, it looked as though Adam Alter was gliding along. At 28, he had earned a doctorate in psychology from Princeton and soon afterward landed a job as a tenure-track professor at the N.Y.U. But he felt stuck. Preparing to teach while simultaneously doing research became overwhelming, especially after having just emerged from five intense years of graduate school. And although he was often surrounded by people in New York City, he missed having a close network of friends.
Persons: Adam Alter, , ” Dr, Alter Organizations: Princeton, Stern School of Business Locations: New York City
"When you see the news of a Wall Street employee or any highly paid professional dying this way, it obviously wakes you up." Wall Street is all about relationships, which often means spending big money to show people a good time. "That's been the Wall Street playbook for many, many years, and I don't think it has changed." On the other side of the coin is Wall Street, where a history of drug use can haunt working professionals for years. AdvertisementLaird thinks Wall Street firms could learn a thing or two from other industries when it comes to their response to addiction.
Persons: Rudy Giuliani, It's, Joe, I'm, Anna Lembke, Streeters, biohacking, Wall, couldn't, Rudolph Giuliani, Getty John Battaglia, Spear, Goldman Sachs, " Battaglia, Goldman, Adderall, Jaime Blaustein, Blaustein, Sylvia Brafman, Zyn, who's, JAMES ARTHUR GEKIERE Denise Shull, hasn't, Shull, , Artur Widak, they've, Ray Donovan, AGNES BUN, Battaglia, Ross Peet, Betty, Lembke, Leonardo DiCaprio, Paramount Pictures Trey Laird, Laird, Trey, That's, Peet Organizations: Business, New York Times, Wall, psychedelics, Stanford, Addiction, Mental Health Services Administration, Bettmann, Leeds, Kellogg, Sylvia Brafman Mental Health, BI, Citadel, Getty, National Institute on Drug Abuse, Credit Suisse, Traders, Bank of America, New, Betty Ford Foundation, Street, Paramount Pictures, Needham & Co, Treatment, Industry Locations: Manhattan, New York, Brussels, Silicon Valley, California, Arlington , Virginia, New York City, Bank, New Canaan , Connecticut
Former U.S. First Lady Rosalynn Carter poses for a portrait in New York City, New York, on Friday, September 23, 2011. Jimmy Carter, Democratic presidential candidate, and his wife, Rosalynn, share a moment aboard his campaign plane on Oct 24th, 1976. Rosalynn Carter during Habitat for Humanity - 2005 Jimmy Carter Work Project - Day 2 at Benton Harbor in Benton Harbor, Michigan, United States. A portrait of President Jimmy Carter and his extended family. Left to right: Judy (Mrs. Jack Carter); Jason James Carter; Jack (John William Carter); Annette (Mrs. Jeff Carter); Jeff (Donnel Jeffrey Carter); first lady Rosalynn Carter; daughter Amy Lynn Carter; President Carter; daughter-in law Caron Griffin Carter holding James Earl Carter IV; and son Chip (James Earl Carter III).
Persons: Lady Rosalynn Carter, Carter, Nikki Kahn, Rosalynn Carter, Jimmy Carter, Biden, Trump, Bess Truman, Harry Truman, Truman, Jimmy, Rosalynn, Eleanor Rosalynn Smith, Allethea Murray Smith, Wilburn Edgar Smith, Rosalynn's, Norfolk , Virginia — Jimmy's, John William, James Earl III, Donnel Jeffrey, Amy Lynn —, , Jimmy's, Judy, Jack Carter, Jason James Carter, Jack, John William Carter, Annette, Jeff Carter, Jeff, Donnel Jeffrey Carter, Amy Lynn Carter, President Carter, Caron Griffin Carter, James Earl Carter IV, Chip, James Earl Carter III Organizations: U.S, RAND, First, Initiative, Washington, Getty, Washington Post, The Washington Post, Carter, White, NBC News, Democratic, Bettmann, Carter Center, Humanity, Georgia Southwestern College, U.S . Naval Academy, Habitat, Wireimage, Historical Association, Georgia, U.S . News Locations: New York City , New York, Washington, Georgia, Latin America, Israel, Ukraine, Colorado, Plains, Plains , Georgia, Benton Harbor, Benton Harbor , Michigan, United States, Norfolk , Virginia, Virginia, Hawaii, Connecticut, U.S
Seniors are one of the fastest-growing populations of cannabis users in the United States. In 2007, only about 0.4 percent of people age 65 and older in the United States had reported using cannabis in the past year, according to the National Survey on Drug Use and Health. During the course of his illness, her husband, now 79, had developed insomnia. Doctors prescribed pills to help him rest, but “nothing really worked,” she said. At one point, he reacted so negatively to a medicine he ended up in the hospital.
Persons: Nancy Herring, Organizations: National Survey Locations: United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTech's sensitive to rates but will benefit from higher earnings: Washington Crossing's CaronKevin Caron, senior portfolio manager at Washington Crossing Advisors, joins 'Power Lunch' to discuss the current relationship between yields and tech stocks, the factors in play for growth in tech stocks, and more.
Persons: Washington Crossing's Caron Kevin Caron Organizations: Washington, Crossing Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's still a 50% chance of a December rate hike, says Morgan Stanley's Jim CaronJPMorgan's David Kelly, Citi's Kristen Bitterly, Morgan Stanley's Jim Caron, and Paul McCulley, former PIMCO chief economist, join 'Power Lunch' to discuss the Fed decision and more.
Persons: Morgan Stanley's Jim Caron JPMorgan's David Kelly, Citi's Kristen, Morgan Stanley's Jim Caron, Paul McCulley
But studies have shown that humans are hard-wired to want their fair share, as are other animals that have cooperative relationships, like monkeys, birds and wolves. In one famous experiment, researchers trained two capuchin monkeys to hand them tokens in exchange for a cucumber snack. The other monkey, who continued to receive cucumbers, looked enraged, shook the walls of her enclosure and hurled the cucumbers out of reach. In the workplace, psychologists refer to this as effort-reward imbalance. In humans, the perception that you are getting less than others for the same amount of work can contribute to symptoms associated with burnout and lead to a higher risk of depression.
Persons: Sarah Brosnan Organizations: Georgia State University
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo financial advisors discuss expectations for September CPI and its impact on the marketKevin Caron, Senior Portfolio Manager at Washington Crossing Advisors, and Lee Baker, Owner and President of Apex Financial, discuss CPI, stocks, and the impact of rising rates.
Persons: Kevin Caron, Lee Baker Organizations: Crossing Advisors, Apex Financial
The Beauty of a Silent Walk
  + stars: | 2023-09-23 | by ( Christina Caron | More About Christina Caron | ) www.nytimes.com   time to read: +1 min
The silent walk is TikTok’s latest wellness obsession, a blend of meditation and exercise that aims to improve mental health. Unlike the similarly trendy “hot girl walk,” a four-mile odyssey that requires goal-setting and giving thanks, the silent walk does not involve multitasking. The fact that the silent walk is nothing new has attracted a chorus of critics; “Gen Z thinks it just invented walking,” they say. But silent walking feels relevant right now because many of us have become tethered to our devices, she added. The question then becomes: “How do we counteract that?” Ms. Lorre said.
Persons: Z, Arielle Lorre, , Lorre, Ms Organizations: Environmental Psychology Locations: Los Angeles
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaron: Stocks are better positioned to weather the economy compared to a year agoKevin Caron, Senior Portfolio Manager at Washington Crossing Advisors, discusses stocks versus bonds and where he sees the markets going into year-end.
Persons: Stocks, Kevin Caron Organizations: Crossing Advisors
A recent poll from the National Sleep Foundation, for example, found a link between poor sleep health and depressive symptoms. In addition, studies have shown that a lack of sleep can lead otherwise healthy people to experience anxiety and distress. Fortunately, there is a well-studied and proven treatment for insomnia that generally works in eight sessions or less: cognitive behavioral therapy for insomnia, or C.B.T.-I. Yet it is rarely the first thing people try, said Aric Prather, a sleep researcher at the University of California, San Francisco, who treats patients with insomnia. According to a 2020 survey from the Centers for Disease Control, more than 8 percent of adults reported taking sleep medication every day or most days to help them fall or stay asleep.
Persons: Aric Prather Organizations: National Sleep Foundation, University of California, Centers for Disease Control Locations: United States, San Francisco
In the spring, Riana Shaw Robinson learned that her 11-year-old son, Madison, had sprinted out of class to chase a squirrel through his school’s courtyard in Berkeley, Calif.It’s not how her sixth grader would typically behave. With Adderall, he was calmer and better able to focus. “He actually had a taste for what relief could look like,” Ms. Robinson said. But for nearly a year now the medication — Madison takes the generic version — has been difficult to find. He has had to skip doses, sometimes for up to two weeks, because nearby pharmacies have been out of stock.
Persons: Riana Shaw Robinson, Madison, It’s, Madison hadn’t, Ms, Robinson, Adderall Locations: Berkeley, Calif
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley's Jim Caron: The narrative in the market is starting to incorporate a soft landingMorgan Stanley's Jim Caron joins 'Closing Bell' to discuss what's driving a rise in treasury yields, reducing the risk of a hard landing, and yield curve inversion correcting.
Persons: Morgan, Jim Caron
CNN —The oldest examples of swimming jellyfish, which lived in Earth’s oceans 505 million years ago, have been discovered high within the Canadian Rockies. The multitude of Burgessomedusa phasmiformis fossils at the site showed that large, swimming bell-shaped jellyfish evolved more than 500 million years ago. The Burgess Shale was first discovered in 1909 by Charles D. Walcott, secretary of the Smithsonian Institution in Washington, DC. The more that researchers study fossils from the Burgess Shale, the more complex the ancient food chain becomes. “This adds yet another remarkable lineage of animals that the Burgess Shale has preserved chronicling the evolution of life on Earth.”
Persons: Burgess, Jean, Bernard Caron, Medusozoans, , Joe Moysiuk, Desmond Collins, Raymond Quarry, Charles D, Walcott, Royal Ontario Museum’s Richard Ivey Organizations: CNN, Canadian Rockies, Royal Ontario Museum, Royal Society, University of Toronto, Royal Ontario, Smithsonian Institution Locations: Burgess, Canada's, British Columbia, Washington ,
Jellyfish have been floating through Earth’s oceans seemingly forever. They rarely show up in the fossil record because jellyfish are 95 percent water and are prone to rapid decay. But Dr. Caron and other scientists recently described a cache of jellyfish fossils from the Cambrian period that found an improbable pathway to preservation. In a paper published on Wednesday in the journal Proceedings of the Royal Society B, the scientists posit that these 505-million-year-old animals are among the oldest swimming jellyfish known to science. “These new fossils represent the most compelling evidence of Cambrian jellyfish to date,” said David Gold, a paleobiologist at the University of California, Davis, who was not involved in the new study.
Persons: , Jean, Bernard Caron, Caron, David Gold, Davis Organizations: Royal Ontario Museum, Royal Society B, University of California Locations: Toronto
When Minda Harts was 35 and working as a fund-raiser, she was feeling increasingly frustrated. Her manager viewed her as a “utility player” who could be “put anywhere” and still get the job done. And a recent survey conducted by the Harris Poll on behalf of the American Psychological Association reported that about one-in-five workers say they work in a toxic workplace. Ms. Harts considered quitting, she said, but realized that wasn’t the optimal solution. Years later, when Ms. Harts finally did decide to leave, she used her new skills to start her own company.
Persons: Minda Harts, , , Harts Organizations: Pew Research Center, American Psychological Association
Paris CNN —Back in the 1980s, when I first began living in Paris, I once had to clamber onto the tiny exterior staircase that surrounds the Eiffel Tower and is used to paint or repair it. Still, at that time, nothing could have impelled me to risk a swim in that other iconic Parisian sight — the Seine River — not without a full biohazard suit. Today’s Mayor of Paris, Anne Hidalgo, has made a similar promise, and local authorities have put 1.4 billion euros ($1.55 billion) behind it. Paris has indeed made strides in cleaning up its famous river — water samples from June showed “excellent results” in complying with European regulation, according to city hall. In 1972’s “Last Tango in Paris,” Marlon Brando and Maria Schneider first meet on a Seine bridge.
Persons: David A, David Andelman, , , Mort Rosenblum, who’s, Pont, he’s, Mort, Jacques Chirac, he’d, ” Brice Lalonde, Anne Hidalgo, he’ll, Hidalgo, Chirac, doesn’t, Emmanuel Grégoire, Pierre Rabadan, Louis, Audrey Hepburn, Cary Grant, Leslie Caron, Gene Kelly, ” Marlon Brando, Maria Schneider, Roger Moore’s James Bond, Liam Neeson, ” Chris Tucker, Jackie Chan Organizations: CNN, French Legion of, The New York Times, CBS News, Paris CNN —, David Andelman CNN, CBS, acrophobia, International Herald Tribune, Concorde, of, Today’s, Paris, Olympic, Paralympic Games, , Twitter, Locations: Paris, gunpoint, Seine, French, Hidalgo, Montebello, “ An American
The women had heard that IVF would be hard, but many of them were in shock at how painful the procedure was. “I was sweating profusely and telling them I was just in too much pain — they had to stop.”Their stories were featured on “The Retrievals,” a new podcast from Serial Productions and The New York Times. It chronicles what happened when about 200 women at a Yale fertility clinic underwent egg retrievals with insufficient pain relief because a nurse was stealing their pain medication, fentanyl, from the clinic and replacing it with saline. The fourth episode of the five-part series will be posted on Thursday. What these women experienced was unusual, but pain mismanagement at the hands of providers is pervasive.
Persons: Organizations: Productions, The New York Times Locations: Yale
Manhattan Project: After a harrowing escape from Nazi-occupied Denmark in 1943, Bohr began consulting on the Manhattan Project. Manhattan Project: Between 1943 and 1944, Muller was a civilian advisor for the Manhattan Project, consulting on experiments studying the effects of radiation. Maria Goeppert Mayer, Nobel Prize in Physics, 1963Maria Goeppert Mayer worked on the Manhattan Project and later won the Nobel Prize in physics. Manhattan Project: Working as an assistant to his father, Niels Bohr, Aage Bohr proved instrumental in interpreting for some members of the Manhattan Project. Manhattan Project: At 18, Glauber was still a student at Harvard when he became one of the youngest scientists to join the Manhattan Project.
Persons: Robert Oppenheimer, Alfred Nobel, Joseph Rotblat, Albert Einstein, Christopher Nolan's, Oppenheimer, Niels Bohr, Bohr, Nicholas Baker, Nick, James Franck, Boyer, Roger Viollet, Gustav Ludwig Hertz, Niels Bohr's, Franck, Arthur Compton, Imagno, Compton, Harold Urey, Harold, Urey, James Chadwick, Chadwick, Enrico Fermi, Fermi, Ernest Lawrence, Lawrence, Isidor Isaac Rabi, Nancy R, Schiff, Rabi, Hermann Muller, Muller, Edwin McMillan, Bettmann, Glenn Seaborg, McMillan, Elsie McMillan, Seaborg, Felix Bloch, Edward Purcell, Nobel, Hans Bethe, Bloch, Purcell, Emilio Segrè, Owen Chamberlain, Chamberlain, Segrè, Willard Libby, Leona Libby, Lowell, Libby, Linus Pauling, Leona Woods Marshall Libby, Eugene Wigner, Wigner, Leo Szilard's, Einstein, Franklin D, Roosevelt, Maria Goeppert Mayer, J, Hans Jensen, Goeppert Mayer, Teller, Richard Feynman, Tomonaga, Julian Schwinger, Fenynman, Hans Bethe's, Feynmwan, Feynman, Schwinger, Robert Mulliken, Mulliken, Szilard, Hans A, Bethe, Luis Alvarez, Alvarez, Enola Gay, Walter Alvarez, James Rainwater, Aage Bohr, Ben Mottelson, Rainwater, Wu, Aage Niels Bohr, Mottelson, mumbled, Val Fitch, James Cronin, Fitch, Jerome Karle, Isabelle, Larry Morris, Herbert Hauptman, Karle, Isabella Karle, Norman Ramsey, Ellie Welch, Ramsey, Norman Ramsey's Nobel, David Cheskin, Rotblat, Russell, Bertrand Russell, Enstinen, Frederick Reines, Philippe Caron, Sygma, Reines, Roy Glauber, Gail Oskin, Glauber Organizations: Manhattan Project, Service, Manhattan, US Army, AP, Getty, University of Chicago's Metallurgical Laboratory, Chicago Met, Los Angeles Examiner, USC, Columbia, Keystone, Gamma, Columbia University, University of Chicago, Trinity Test, University of California, Lawrence Berkeley National Laboratory, Lawrence Livermore National Laboratory, Hulton, Trinity, Deutsch, Los Alamos, University of Chicago's Metallurgical, Atomic Energy Commission, Harvard University, MIT Rad Lab, Denver, Chicago Met Lab, Materials Laboratory, Los, Radiation Laboratory, MIT, University of Chicago's, Princeton University, Naval Research Lab, Washington, US Naval Research Laboratory, Science, World Affairs, Einstein, Los Alamos National Laboratory, Harvard, Institute for Locations: Wall, Silicon, Polish, Denmark, Copenhagen, Nazi, London , Washington, Los Alamos, German, Germany, Japan, Manhattan, British, France, Washington, DC, Berkeley, Ridge , Tennessee, Los, New Mexico, Hanford, antiprotons, Hiroshima, Lowell Georgia, San Diego, Chicago, Washington ,
The three-digit dialing code for the 988 Suicide and Crisis Lifeline became available in July of last year after receiving bipartisan support. Almost one million of those contacts were answered by Veterans Crisis Line, which is linked to 988. In fact, 988 does not currently use geolocation, so those who call the hotline remain anonymous unless they choose to disclose identifying information. But you don’t need to be in crisis or suicidal to call 988 and speak with a counselor. “It’s our hope that people will come to us before they are in a mental health crisis,” said Tia Dole, chief officer of the 988 Suicide and Crisis Lifeline at Vibrant Emotional Health, the New York-based nonprofit that manages the Lifeline for SAMHSA.
Persons: Donald J, Trump, , , Tia Dole Organizations: Lifeline, Crisis, Mental Health Services Administration, SAMHSA Locations: New York
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