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Search resuls for: "Eric Leve"


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☆ Analysis: Sharp drop in equity premium may mark return of 60/40 portfolio
  + stars: | 2023-03-03 | by ( Mehnaz Yasmin | ) www.reuters.com   time to read: +4 min
The thinning spread between returns from stocks and bonds is set to bring the 60/40 portfolio strategy back in favor. The Fed's move to tighten monetary policy at the fastest pace in decades pumped up bond yields after nearly two years of near-zero interest rates. On the other hand, "during a recession, yields will fall and Treasury bond prices will rise," said Roberts. While the economic downturn would hit stock returns, drop in bond yields should provide some relief in such a scenario, according to analysts. "For me, the best risk-reward portfolio in this environment for now is long duration Treasury bonds, and deep value, dividend equities," Roberts said.
☆ Analysis: Rebounding U.S. dollar a growing headache for investors
  + stars: | 2023-03-01 | by ( Saqib Iqbal Ahmed | ) www.reuters.com   time to read: +5 min
NEW YORK, March 1 (Reuters) - Investors reeling from the recent volatility in global financial markets are eyeing another potential worry: a rebounding dollar. MSCI’s index for emerging market stocks (.MSCIEF) has slipped 8% from its January highs, while the MSCI Emerging Markets Currency Index (.MIEM00000CUS) is down 3% from its early February high. "A stronger dollar poses a problem for risk assets," said Lauren Goodwin, economist and portfolio strategist at New York Life Investments. The dollar's recent rebound has weighed on various risk assetsBecause of the dollar's central role in the global financial system, its fluctuations have widespread repercussions. Whether the dollar continues its rebound will depend in part on investors' perceptions of how much higher the Fed will need to raise interest rates.
☆ Grant Wahl: Sports reporter died of a ruptured aortic aneurysm at World Cup, his wife says
  + stars: | 2022-12-14 | by ( Kristina Sgueglia Eric Levenson | Kristina Sgueglia | Eric Levenson | ) edition.cnn.com   time to read: +4 min
CNN —Grant Wahl, the American soccer reporter who collapsed and died while covering the World Cup in Qatar last week, died of an aortic aneurysm that ruptured, his wife, Dr. Celine Gounder, said Wednesday. Wahl, a longtime college basketball and soccer reporter for Sports Illustrated and for his own newsletter, collapsed while covering Friday’s Argentina-Netherlands match and was later declared dead. According to the US Centers for Disease Control and Prevention, an aortic aneurysm is a balloon-like bulge in the aorta – the large artery that carries blood from the heart to the chest. CNN Chief Medical Correspondent Dr. Sanjay Gupta said an aortic aneurysm is generally rare and difficult to spot. He added that he sought help at the clinic at the World Cup media center, believing he had bronchitis.
☆ Bill Cosby sued for sexual abuse under new NY lookback law
  + stars: | 2022-12-06 | by ( Eric Levenson | ) edition.cnn.com   time to read: +4 min
CNN —Two former actresses on “The Cosby Show” are among five women who filed a lawsuit against Bill Cosby in New York state court on Monday accusing him of sexual assault and abuse dating back decades. According to the suit, Cosby drugged and raped Bernard, who played Mrs. Minifield on “The Cosby Show,” in New Jersey and Nevada in 1990 and at his Manhattan home in 1991. Gittens alleges Cosby invited her to his Manhattan home in 1989 or 1990 to discuss working on “The Cosby Show” but then drugged her and sexually assaulted her. Thompson alleges Cosby made her inappropriately touch him without her consent at his Manhattan home in 1988 when she was 18. Ladd alleges Cosby drugged her and raped her in 1969.
☆ Bob Chapek’s tenure marked by political missteps inside and outside of Disney
  + stars: | 2022-11-21 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +5 min
Now he’s saying “Goodbye, Disney (DIS).”Chapek’s rocky two-and-a-half year tenure at the head of the entertainment giant had a few wins. But Disney made the surprise announcement Sunday that its revered former CEO Bob Iger is making a return as the head of the company. Disney employees began staging walkouts, saying Chapek’s statements “utterly failed” to grasp the threat to LGBTQ communities. DeSantis quickly ripped Disney after Chapek’s public condemnation, calling the company a “woke corporation” with questionable business interests in China during a private event. Investors celebrated Iger’s return as CEO, sending Disney shares up nearly 7% Monday after dropping roughly 38% this year.
☆ DC Attorney General sues Washington Commanders, owner Dan Snyder and NFL for deceiving residents
  + stars: | 2022-11-10 | by ( Jessica Schneider Eric Levenson David Close Jacob Lev | Jessica Schneider | Eric Levenson | ) edition.cnn.com   time to read: +10 min
CNN —DC Attorney General Karl Racine announced a lawsuit against embattled Washington Commanders owner Dan Snyder, the team and the NFL on Thursday, alleging they colluded to deceive DC residents about an NFL investigation into the team’s toxic workplace culture and allegations of sexual assault. The lawsuit cites the District of Columbia’s Consumer Protection Procedures Act, which gives the Attorney General broad authority to hold individuals or a company accountable for misleading customers. At the same time, Snyder and the team tried to interfere with and obstruct the investigation, the lawsuit states. The Attorney General said the penalties could run into the millions of dollars. Robinson’s agent Ryan Williams tweeted his displeasure with the Commanders’ statement on Wednesday night.
☆ These are the women expected to testify against Harvey Weinstein at his second sexual assault trial
  + stars: | 2022-10-27 | by ( Eric Levenson | ) edition.cnn.com   time to read: +11 min
Jane Doe 1 was a model and actress who was married, had three children and was living in Italy in 2013. Jane Doe 1 then went to the police in October 2017 because she promised her daughter she would, she testified. Jane Doe 2Weinstein is charged with sexual battery by restraint of Jane Doe 2 on or about February 19, 2013, in Los Angeles County. Jane Doe 3Weinstein is charged with sexual battery by restraint of Jane Doe 3 on or about May 11, 2010. He said that Jane Doe 3 gave him four additional massages after the alleged assault.
☆ Harvey Weinstein goes on trial in Los Angeles on charges of rape and sexual assault
  + stars: | 2022-10-24 | by ( Eric Levenson | ) edition.cnn.com   time to read: +2 min
CNN —Two years after his conviction on rape and sexual assault charges, disgraced movie producer Harvey Weinstein is again set to go on trial on similar charges in Los Angeles. Weinstein, 70, has pleaded not guilty to charges including four counts of rape, four counts of forcible oral copulation, sexual penetration by force and sexual battery by restraint in incidents dating from 2004 to 2013. Weinstein was already found guilty in New York of first-degree criminal sexual act and third-degree rape and was sentenced to 23 years in prison. The former movie producer appeared in frail health during the trial and used a walker as he arrived to and left court each day. He used a wheelchair to arrive to the sentencing in March 2020 as well as in a court hearing in Los Angeles in July 2021.
☆ Analysis: Crowd of dollar bulls raises risk of violent pullback
  + stars: | 2022-09-26 | by ( Saqib Iqbal Ahmed | ) www.reuters.com   time to read: +5 min
Some investors worry the dollar trade has become excessively crowded, raising the risk of a sharp unwind if the case for owning the currency changes and investors try to exit their positions all at once. International Monetary Market speculators held a net long U.S. dollar position of $10.23 billion for the week ended Sept. 20. Barring a brief period of peak pandemic-related uncertainty, broad net options positioning data going back to 2014 shows U.S. dollar long positions are the most stretched ever, according to Morgan Stanley. While a hotter-than-expected u.s. inflation report in August dashed those hopes and sent the dollar higher, the dangers stemming from the crowded dollar trade have only grown, investors said. But with the dollar scaling new multi-decade highs, positioning for a pullback can be painful.
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