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Jancee Dunn is out this week. I’m Christina Caron, a reporter on the Well desk, filling in. Nowadays the practice of letter writing feels almost quaint, but when I examined the science behind gratitude in June, I learned that expressing it doesn’t need to be time-consuming. Cultivating a grateful outlook, and taking a few minutes a day to count our blessings, can also reduce symptoms of depression and anxiety, increase self-esteem and improve life satisfaction. As one expert put it: “Gratitude seems to be the gift that keeps on giving.”In that spirit, we asked New York Times readers to tell us how they practice gratitude, and we received nearly 800 responses.
Persons: Jancee Dunn, I’m Christina Caron Organizations: , New York Times Locations: California
When Does Anxiety Become a Problem?
  + stars: | 2023-06-23 | by ( Christina Caron | ) www.nytimes.com   time to read: +1 min
On Tuesday, a panel of influential medical experts recommended for the first time that doctors screen all adult patients under 65 for symptoms of anxiety. There are millions of Americans who struggle with anxiety: About 1 in 5 adults in the United States has an anxiety disorder, according to the National Alliance on Mental Illness. Having some anxiety isn’t necessarily a problem: Experts say an internal alarm system benefits us in different ways, helping to improve our performance or recognition of danger and encouraging us to be more conscientious. How do you distinguish the protective anxiety from the more problematic anxiety? And, given that the panel did not recommend screenings for older adults, what do you do if you’re 65 or older and have been feeling anxious?
Persons: we’re Organizations: U.S . Preventive Services Task Force, National Alliance, Mental Locations: United States
Multnomah County in Oregon is suing oil and gas companies Exxon Mobil , Shell , Chevron , BP, ConocoPhillips and related organizations for the damages caused by the 2021 Pacific Northwest heat dome. Multnomah County said these and other fossil fuel companies and entities operating in the region are significantly responsible for causing and worsening the deadly heat event. Starting on June 25, 2021, Multnomah County had three consecutive days where the heat reached 108, 112 and 116 degrees Fahrenheit, respectively. The heat event is called a heat dome which is a weather event caused by a high-pressure system that in this case prevented cooler maritime winds to blow and also prevented clouds from forming. Jessica Vega Pederson, the chair of Multnomah County, is seeking to protect the residents of the county she represents.
Persons: Shanton Alcaraz, Eddy Norby, Jessica Vega Pederson, Pederson, Caron PC, Thomas, Coon, Frost Organizations: Salvation Army Northwest Division, Exxon Mobil, Shell, BP, ConocoPhillips, Anadarko Petroleum, Occidental Petroleum, American Petroleum Institute, Chevron, Koch Industries, Marathon Petroleum, McKinsey & Company, Motiva, Peabody Energy, Specialties USA, Valero Energy, Western States Petroleum Association, Worthington Locations: Seattle , Washington , U.S, Multnomah County, Oregon, Chevron, Pacific, Occidental
How to Stay Calm During a Bumpy Flight
  + stars: | 2023-06-15 | by ( Christina Caron | ) www.nytimes.com   time to read: 1 min
On a recent flight to Chicago, Allison Levy said she was “white-knuckling” the armrest as the plane rumbled and shook for brief periods of time. Ms. Levy, 47, who lives in Arlington, Va., started to take deep breaths and tried to reassure herself: “It’s like a bumpy road — it’s not a big deal.”But, she added, “if I knew the person next to me, I’d definitely grip their thigh.”Airplane turbulence, which is usually caused by large changes in airflow in the Earth’s upper atmosphere, is generally a minor nuisance. But this year alone, there have been multiple instances of severe turbulence on flights that have led to dozens of passenger injuries. And scientists have warned that we may have bumpier flights in the years ahead because of elevated carbon dioxide emissions that are warming the atmosphere, which can alter the speed and direction of the wind.
Persons: Allison Levy, Levy, Locations: Chicago, Arlington , Va
The purchase will boost the money manager's offerings in the booming private credit space. The world's largest asset manager is set to buy a lender to European technology and healthcare companies to boost its private credit business. One area that BlackRock has been focused on ramping up has been its $320 billion alternatives business, especially private credit. Private credit has grown tremendously as traditional banks pull away from loaning to small and risky companies. Within private credit, venture debt is a growing area.
Persons: Larry Fink, Stephan Caron, Monese, Keefe, Michael Brown, Brown, Martin Small Organizations: BlackRock, Investors, Silicon Valley Bank, Tennenbaum Capital Partners Locations: London, BlackRock, loaning, Europe, Asia, Silicon
In 2022, Stacy Batten said, her “whole year was on fire.”Her husband died of cancer, and her father died after a long battle with Parkinson’s disease. And she moved across the country from Seattle to Fairfield County, Conn., after selling the home that she had lived in for 26 years. In her devastation, she noticed that she felt better when she looked for the good parts of each day. So she took a large Mason jar and turned it into a “gratitude jar,” which she now keeps on her night stand. Every night, she writes down a few things that she is grateful for on a scrap of paper and drops it inside.
Persons: Stacy Batten, , ” Batten, Robert A, Emmons Locations: Seattle, Fairfield County, Conn
Seasonal allergies can be miserable. The sneezing, congestion and itchy, watery eyes can feel like a terrible cold that won’t go away, especially now that pollen seasons are getting longer and more intense. Not only are the physical symptoms draining, but a growing body of research also shows an association between allergic rhinitis — commonly known as hay fever — and mood disorders like anxiety and depression. The relationship between allergens and mood disorders “really is underrecognized, not only in the general population but even among health care practitioners,” said Dr. David A. Gudis, chief of the division of rhinology and anterior skull base surgery at NewYork-Presbyterian/Columbia University Irving Medical Center. But given that millions of Americans suffer from seasonal allergies, it’s an important link for both doctors and patients to understand, he added, in order to speak openly about any mental health concerns and to ensure the best possible treatments.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed wants to 'keep the door open' to more rate hikes, says Morgan Stanley's Jim CaronJim Caron, Morgan Stanley Investment Management, joins 'Power Lunch' to react to the Fed's 25 basis point rate hike.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan's David Kelly expects the Fed to change its forward guidanceCiti's Kristen Bitterly, JPMorgan's David Kelly and Morgan Stanley's Jim Caron, join 'The Exchange' to discuss the Fed ahead of the imminent decision.
It might be scary at first, but remember that people are wired to connect, Dr. Murthy added. How often have you caught yourself looking at your phone while someone is speaking with you? “Listening is as important as what we say.”While you’re at it, scale back on social media. “And we lose a lot of that when we are communicating electronically.”When people call, pick up the phone. You see it’s a call from your best friend from college whom you haven’t caught up with in a long time.
[1/2] A vehicle is towed from the property as community members pray while visiting a memorial at the school entrance after a deadly shooting at the Covenant School in Nashville, Tennessee, U.S. March 29, 2023. Security experts said the Covenant School apparently had good safety protocols. It was a grim reminder that any campus could be the target of gun violence, spurring educators around the country to review security protocols and try to reassure parents. Protective measures notwithstanding, Corcoran said the Covenant School shooting exposed how deadly such attacks can be even when school leaders "did everything right." It is not clear that hardening school security always works.
Gun Violence Has Changed Us
  + stars: | 2023-03-26 | by ( Christina Caron | ) www.nytimes.com   time to read: +2 min
On a hot day in July, he got into an argument with a man at the bike store. The man eventually left, but later returned — this time with a gun. Fear was a unifying thread, regardless of whether someone had directly encountered gun violence. Mass shootings, though only a fraction of the number of gun murders nationwide, are also on the rise. One survey, conducted by the Harris Poll for the American Psychological Association, found that more than seven in 10 adults cited gun violence as a significant source of stress.
Are we going to celebrate the end of Fed rate hikes because things have started to hit the fan?" Strategists pointed to Powell's comment that financial conditions may have tightened more than it appears in traditional market measures, which would be stocks and bond spreads. "Number one, he remains unwavering on inflation, and he does acknowledge he sees a tightening of credit conditions. Briggs also called out Powell's comments about the impact from credit tightening , and the effect those actions can have. "That tightening via credit conditions can take the place of hikes (and vice versa if we don't get tighter credit conditions)," he said. "
Fund manager Ian Mortimer will explain how he selects high-yielding companies and identifies growth stocks while avoiding the hype. He joined Guinness Global Investors in 2006 and manages the Guinness Global Equity Income Fund and the Guinness Global Innovators Fund. Join CNBC Pro Talks on Wednesday, March 22 at 6:30 a.m. GMT / 2:30 p.m. SGT / 2:30 a.m. He joined Guinness Global Investors in 2006 and manages the Guinness Global Equity Income Fund and the Guinness Global Innovators Fund. Join CNBC Pro Talks on Wednesday, March 22 at 6:30 a.m. GMT / 2:30 p.m. SGT / 2:30 a.m.
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The banking turmoil in the U.S. — which appeared to be contained just yesterday — spread to Europe on Wednesday in the form of Credit Suisse. Tightening financial conditions and a slowdown in the economy are exactly what the Federal Reserve is hoping to engineer through its interest rate hikes. Subscribe here to get this report sent directly to your inbox each morning before markets open.
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The banking turmoil in the U.S. — which appeared to be contained just yesterday — spread to Europe on Wednesday in the form of Credit Suisse. Tightening financial conditions and a slowdown in the economy are exactly what the Federal Reserve is hoping to engineer through its interest rate hikes. Subscribe here to get this report sent directly to your inbox each morning before markets open.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo top market watchers on why the picture has changed dramatically in market leadershipKevin Caron of Washington Crossing Advisors and Quincy Krosby of LPL Financial discusses how the markets and investors need to navigate around tighter financial conditions and seek higher quality names.
2022 was the worst year the "60/40 portfolio" had since 1926 . But Morgan Stanley 's Jim Caron is unconvinced by the rally, calling the 60/40 strategy "a thing of the past." "But that was when interest rates were falling from 1980 to 2021. The logic of holding a 60/40 portfolio for the long term appears "broken," he wrote in a Feb. 13 note. The shift from a 2% [average fed funds rate] world to a 5% world means structurally higher inflation and interest rates," he said.
Fed Chairman Jerome Powell talked tough Wednesday, promising more rate hikes in the unrelenting battle against inflation, but he also let slip a few comments dovish enough to send the stock market sharply higher. The Federal Reserve raised interest rates Wednesday afternoon by a quarter point, as expected, and also kept a comment in its statement that it anticipates ongoing rate hikes. .SPX 1D line stocks Powell spoke afterward at a press conference, warning the market of more rate hikes and a tough stance on inflation. But traders seemed to cherry pick comments that had a dovish tilt to them, and the stock market reversed course and rallied hard. In its statement, the Fed swapped out the word "pace" for "extent" of future rate hikes when describing what it would take into account in in deciding on further increases.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDow falls more than 300 points after Fed raises rates, sees 'ongoing' hikesDavid Kelly of JPMorgan asset management, Jim Caron of Morgan Stanley Investment Management, and Cameron Dawson of NewEdge Wealth join 'The Exchange' to discuss the latest Fed rate decision.
"He's going to do that by still saying the Fed's going to stay tight for a while. The Fed's rate hike Wednesday would be the eighth since last March. That is just a half percentage point away from the Fed's estimated end point, or terminal rate range of 5% to 5.25%. In the futures market, fed funds futures continued to price a terminal rate of less than 5%. "I think he's going to be hawkish relative to market pricing," said Jim Caron, head of macro strategies for global fixed income at Morgan Stanley Investment Management.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCaron: The stock market has reset, so the investing environment is now better in the long runWashington Crossing Advisors' Kevin Caron gives his thoughts on earnings and the stock market.
Economic growth is expected to have slowed slightly in the fourth quarter but was still solid, driven by a strong consumer. According to Dow Jones, economists expect that U.S. gross domestic product grew by 2.8% in the fourth quarter, down from the 3.2% pace in the third quarter. While economists see a strong fourth quarter, they are divided on where the economy goes from here and a key is the consumer. The slowdown in residential investment has taken a full percentage point off of growth in the fourth quarter, he said. Some market strategists see a strong fourth quarter as another sign the economy could avoid falling into recession, and a better-than-expected report could reinforce that view.
A federal jury in Virginia on Tuesday found mostly in favor of two police officers who were sued by a U.S. Army lieutenant after he was pepper sprayed, struck and handcuffed during a traffic stop. The jury also awarded Nazario $1,000 in punitive damages after Windsor police officer Daniel Crocker illegally searched Nazario’s SUV, the attorneys said. A federal judge already ruled last year that Crocker was liable for the search. The jury found in favor of Crocker and against Nazario’s claims of assault and battery and false imprisonment, the attorneys said. U.S. District Judge Roderick C. Young had narrowed the scope of Nazario’s lawsuit.
Since the traffic stop, Nazario has developed anxiety, depression and PTSD, according to his lawsuit. “In fact, shortly after the traffic stop, Mr. Nazario deployed to Washington, D.C. in support of the January 6, 2021 disturbance.”Nazario, a medical officer, said he arrived after the insurrection occurred, according to a deposition. Besides Nazario’s lawsuit, fallout from the traffic stop includes a lawsuit brought by the state attorney general that alleges Windsor discriminated against Black Americans. U.S. District Judge Roderick C. Young also narrowed the scope of Nazario’s lawsuit. That episode happened during a 2019 traffic stop while Gutierrez served as a sheriff’s deputy in Isle of Wight County.
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