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☆ This 97-year-old has worked at the same hospital for nearly 80 years—her best advice for a long, happy career
▼ + stars: | 2024-09-15 | by ( Morgan Smith | ) www.cnbc.com time to read: +5 min

Carr started training to become a nurse at Sacred Heart Hospital (now known as St. Luke's Sacred Heart Campus) in Allentown, Pennsylvania during World War II in 1944. All five of Carr's children, and nearly all of her 12 grandchildren, were born at Sacred Heart. Her son-in-law, Vincent Burns, was also born at the hospital — Carr met him hours afterward in the newborn nursery. Photo: St. Luke's University Health NetworkMoments like that have inspired her to continue working at Sacred Heart. Carr's passion is infectious: Her daughter, Grace Loring, worked in the pediatric ward at St. Luke's Sacred Heart Campus for 35 years before retiring.

Persons: Grace Carr, Carr, Edward Carr, Grace, Beth Fogel, Freeland, Edward, Vincent Burns, — Carr, Janet, Carr's, Grace Loring, Loring Organizations: Sacred Heart Hospital, Sacred Heart School of Nursing, U.S, Cadet, Luke's University Health Locations: Allentown , Pennsylvania, Freeland , Pennsylvania, St, Allentown

☆ The office market is in trouble. Lower interest rates might not be enough to save it.
▼ + stars: | 2024-09-15 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +4 min

Read previewOffices have been the weak spot in the commercial real estate market since the pandemic gave rise to widespread remote work and caused companies to reassess how much space they need. The Federal Reserve's likely interest rate cut, expected at the end of its meeting on September 18, could give office owners some relief with lower interest rates when they refinance. But that doesn't mean they're in the clear, according to commercial real estate experts. Right now, most commercial real estate loans come from small, regional banks, but that could change. AdvertisementYet even with the weakness in the office market, lower interest rates are a net positive for the industry, economist Richard McGahey says.

Persons: —, Lisa Pendergast, Pendergast, Lisa Knee, Knee, It's, Richard McGahey, McGahey Organizations: Service, Business, CRE Finance

☆ Turkey's 'balancing act' with BRICS may stoke NATO fears, but the West needn't be too worried, analysts say
▼ + stars: | 2024-09-15 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +6 min

Read previewEarlier this month, a spokesperson for Turkey's ruling AK Party said that a process was "underway" for Turkey to join the BRICS group of emerging-market nations. He now appears to be seeking to maintain what experts have dubbed a "balancing act" between its relations with the West, Russia, and China. "Even if Turkey does join BRICS, I do not believe it is going to lead to a fundamental redefinition of Turkey's relationship with the West." Advertisement"Understanding and collaborating with Turkey's perspective can enhance US and NATO relations with Turkey, irrespective of potential administrative changes in Ankara," Can wrote in an article for the Wilson Center. For its part, the US has remained relatively quiet following the news that Turkey's BRICS ambitions may be inching forward, which Aydintaşbaş said was likely a savvy move aimed at avoiding a public dispute.

Persons: —, Omer Celik, Tayyip Erdoğan's, Aydintaşbaş, Erdogan, Bulent Aliriza, Yusuf, Aliriza, there's, Turkey's Organizations: Service, AK Party, Reuters, Business, United, Saudi, NATO, EU, West, Brookings Institution, Russia, China, Eurasia Program, Center for Strategic, International Studies, Middle, Wilson Center, Wilson, of Europe, France Locations: Turkey, Ankara, Turkish, Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Egypt, United Arab Emirates, Saudi Arabia, Ukraine, United States, Europe, France, West, Russian, U.S, Washington, Kazan

☆ Insider Today: The unstoppable Sam Altman
▼ + stars: | 2024-09-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

If you're sick of me running the Sunday edition for Matt Turner, I have good news: He's back next week. On the agenda today:This story is available exclusively to Business Insider subscribers. AdvertisementThe first in-person meeting between Vice President Kamala Harris and former President Donald Trump had plenty of fireworks . (JD Vance, Trump's running mate, isn't worried .) AdvertisementBusiness Insider spoke to some middle managers who said the stress was enough for them to consider asking for a demotion.

Persons: —, Matt Turner, He's, Julia Beverly, Getty, Anna Moneymaker, Tyler Le, Kamala Harris, Donald Trump, Harris, — Elon Musk —, Trump, Hillary Clinton, David Muir, Linsey Davis, Taylor Swift, JD Vance, Trump's, isn't, Chelsea Jia Feng, They've, they're, Kiersten, Samantha Lee, aren't, ANDREW CABALLERO, REYNOLDS, Altman's, Sam Altman, Scarlett Johansson, Kevin Cash Organizations: Service, Business, Harris, Trump, ABC, American, Getty, BI, Green Beret, JPMorgan, Bank of America, Getty Images, Apple, Navy

☆ A boomer lives on $1,768 monthly Social Security and says she's a few hundred dollars away from losing access to necessities
▼ + stars: | 2024-09-15 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

"Over this past year, because my money has gotten so tight, those friends don't call me anymore," she said. The Huntsville, Alabama resident lives on her $1,768 monthly Social Security checks, according to documents reviewed by Business Insider. Monthly Social Security checks aren't enough for most baby boomers to live on — many have told BI they struggle to afford housing, food, and healthcare. AdvertisementRussell's tight finances contribute to lonelinessRussell retired from her food service broker job six years ago and began collecting Social Security around that time. She pays nearly $900 a month, more than half of her Social Security income, making her severely rent-burdened.

Persons: —, Michelle Russell, Russell, Russell doesn't, Russell didn't, isn't, It's, Pete Organizations: Service, Business, Social Security, Social, Walmart Locations: Huntsville, Alabama

My mom is a little old-fashioned and has been upset with me for letting my boyfriend significantly influence my financial decisions. She has said multiple times that a man should have no say in my finances until he's put a ring on my finger. One, your mom has hard-won life experiences to offer, and you would be wise to hear her out. Only that we shouldn't reject our parents' advice out of hand simply because they're "old-fashioned" or we think they're "projecting". Instead, it's about nobody having a say over anyone else's finances until they have a genuine stake in them.

Persons: We're, he's, I've, they've, That's Organizations: Service

☆ Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
▼ + stars: | 2024-09-15 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +13 min

AdvertisementIt's a story all too familiar for some older Americans: An unexpected health crisis derails their retirement planning. With insufficient help from health insurance or Social Security, medical bills eat up any savings or income they have. Jones, who gets $2,200 a month in Social Security, has had to take on part-time work, which made her ineligible for some federal assistance. She paid for chemo out of pocket, spending her way through her retirement savings and maxing out her credit cards. Amend said it's crucial for older Americans to believe everything will be OK, noting "your mindset perpetuates what your outcome will be."

Persons: —, Kimberly Mullen, Mullen, She's, she'll, Nancy Altman, Saul Martinez, Karen Knudsen, they've, Uber, Wendy Jones, it's, she's, Jones, Teresa Ghilarducci, , Ghilarducci, Rebecca Buffum, Buffum, I'm, Andrew Whitaker, Marion, Robert Papalia, Papalia, Leonard Bianconi, Bianconi, Gallup, Monique Morrissey, haven't, Harris, Morrissey, Frank, Weeks, he's Organizations: Service, Business, Social Security, American Cancer Society, Social, Walmart, Medicare, New School for Social Research, Schwartz, for Economic, Kaiser Family Foundation, BI, Institute, Biden, American Heart Association Locations: Kentucky, North Carolina

☆ I Joined New York City's Rat Czar to Fight the City's Rodent Invasion
▼ + stars: | 2024-09-15 | by ( James Rodriguez | ) www.businessinsider.com time to read: +15 min

In reality, the Rat Pack offers regular citizens a crash course in rodent mitigation in hopes of inspiring them to take more active roles in what often feels like an unwinnable battle. AdvertisementThose who join the Rat Pack must complete three activities: a "rat walk" that promises to "uncover the world of urban rats," a two-hour "rat academy" on rodent-prevention methods, and a service project, like a park cleanup. If you seek to understand this rat, Corradi told our group, "you can kind of just hold up a mirror and look at yourself." Related storiesCorradi, recognizable from various press appearances and her navy Rat Pack hat, is supposed to offer New Yorkers additional peace of mind. And yet I secured my precious Rat Pack merch by doing exactly that.

Persons: Andrew Barrett, He's, Barrett, Eric Adams, Kathleen Corradi, Brooklyn's Herbert Von King, wouldn't, Corradi, haven't, Adams, Michael Parsons, we've, doesn't, there's, We've, —, I'd, shrugged, You'll Organizations: NYC, Cub Scouts, Anadolu Agency, Washington DC, Anadolu Locations: Brooklyn, Yorkers, New York, New York City, Chicago, Brooklyn's Chinatown, West Harlem

☆ Hollywood's secret weapon is an independent animation studio called Titmouse
▼ + stars: | 2024-09-14 | by ( Sarah Whitten | ) www.cnbc.com time to read: +5 min

Amazon Prime Video's "The Legend of Vox Machina" is one of the many shows using animation from independent studio Titmouse Animation. Amazon StudiosThere's a powerhouse in the entertainment industry that remains unknown to many casual cartoon viewers — it's called Titmouse Animation. Titmouse worked on Disney's "Star Wars Galaxy of Adventures," a series of animated shorts set in the Star Wars universe. "When we were looking at animation studios, Chris [Prynoski] made it really clear that Titmouse wanted to get into prime-time-style adult animation and that their No. Netflix's "Big Mouth" was produced through Titmouse's animation studio.

Persons: it's, haven't, you've, Chris Prynoski, doesn't, Titmouse, Prynoski, we've, Chris, Shannon Prynoski, Daria, Beavis, Ben Kalina, they've, Kalina, Andrew Goldberg Organizations: Amazon, Amazon Studios, Netflix, Paramount, Hollywood, Disney, Universal, MTV, Cartoon Network, MTV Animation, Wars Galaxy, Star Wars, Warner Bros

☆ David Zaslav risked Warner Bros. Discovery's future by passing on the NBA — and the gamble might pay off
▼ + stars: | 2024-09-14 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

NBA rights proved to be a hotter commodity than many expected — seemingly including WBD CEO David Zaslav. The Charter deal is a coup for WBDWall Street has had little confidence in Zaslav and company lately. AdvertisementAfter the news that WBD had done just that with Charter, Greenfield heaped praise on WBD. As great as WBD's deal with Charter may be, Greenfield doesn't believe Zaslav is out of the woods. If Zaslav surprises the Street again with his Comcast deal, his company may have better days ahead.

Persons: —, David Zaslav, NBCU, WBD's, Max —, WBD, Rich Greenfield, LightShed, Greenfield, Turner, Craig Moffett, MoffettNathanson, Moffett, Zaslav, Brian Roberts, Matt Belloni, Greenfield doesn't, Comcast's NBCU, Charter's, Venu, Brandon Ross Organizations: Service, Warner, NBA, Business, TNT, HGTV, Food Network, Comcast, DirecTV, Warner Bros, WBD, Charter, NBC Universal, Zaslav, Puck News, —, Disney Locations: Zaslav

☆ This couple bought a 19th-century schoolhouse for $210,000 and made it their family home—take a look inside
▼ + stars: | 2024-09-14 | by ( Celia Fernandez | ) www.cnbc.com time to read: +5 min

The North Weare Schoolhouse had been on the market for more than a decade when Danielle and Kreg Jones bought it and made it their home. Danielle and Kreg Jones have a history of renovating homes together and run their own New Hampshire-based architecture firm, Inscription Architects. Kreg and Danielle JonesThat changed when they came across a 19th-century schoolhouse in Weare, a small town just outside of the state's capital. The school house has 14 and 21 foot ceilings and large windows throughout. Courtesy of John W. Hession

Persons: Danielle, Kreg Jones, Kreg, Jones, Danielle Jones, John W, Hession Danielle, Kreg Jones Danielle, We've, we're, We're, Hession Organizations: Inscription Architects, CNBC, National Register of Historic Places Locations: New Hampshire, Montana, downsize, Weare

☆ S&P 500 rallies back to old highs, setting up Fed meeting to be make or break moment
▼ + stars: | 2024-09-14 | by ( Michael Santoli | ) www.cnbc.com time to read: +6 min

The market's turn toward treating good economic news as positive for stocks is pictured here in a chart from Citi strategists, showing the three-month correlation between the S & P 500 and the Citi U.S. Economic Surprise index has turned sharply higher. The S & P 500's low for the week was Wednesday morning, right at the 5400 level where it previously hit a low a week ago Friday after a tepid employment report. Forward 12-month S & P 500 earnings forecasts continue to rise smartly, now approaching $270. But, thanks to the past two months of sideways churn, that's down from 21.7 when the S & P first hit its current level in July. And the rally last week could well have front-run any potential positive inference from the Fed's move next week.

Persons: Ally Financial, Ed Hyman, Loretta Mester, William Dudley, John Kolovos Organizations: Citi, Citi U.S, Fed, Ally, CPI, Wall Street, Financial Times, Treasury, National Association of Active Investment, American Association of

☆ How Bear Grylls spends his 5 to 9 — from walking barefoot outdoors to cold plunges
▼ + stars: | 2024-09-14 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +9 min

But it was a first when Bear Grylls joined our call while hiking in rugged, rural north Wales where he lives. Only seeing him abseil down a mountain with his phone in one hand would have made the set-up any more classic "Bear Grylls." Obama and Grylls on "Running Wild with Bear Grylls." We also make some really good healing mushroom cacao hot chocolates with raw milk and honey, and it's just insanely good. I'm really lucky, I sleep really well.

Persons: I'm, Bear Grylls, Grylls, It's, wasn't, Barack Obama, chow, Zac Efron, Obama, I've, Ian Forsyth, we're, You've, Shara, Karwai Tang, they're, it's Organizations: Eton College, Business, Special Air Service, Delta Force, NBC, British Army, SAS, Royal Marines Locations: Wales, North Wales

☆ A bar is the worst place to meet a potential mate, dating coaches say: Here's where to go instead
▼ + stars: | 2024-09-14 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +3 min

Instead, we spend the next few weeks hopping from bar to bar, in an attempt to manifest the sort of meet-cute you only see on the CW. This is exactly what you shouldn't be doing, says Blaine Anderson, an Austin, Texas-based dating coach and founder of Dating by Blaine. Other dating and relationship experts agree that bars tend to be the go-to venue for singles, but often don't net meaningful connections. "If you're showing up in bars but don't want to build a life around substance use, you're not going to meet someone you like," Bobby says. Grace Lee Dating Coach

Persons: Blaine Anderson, Blaine, Grace Lee, Lisa Marie Bobby, Bobby, Lee Locations: Austin , Texas, New York City, Denver, —

Many said he failed to acknowledge the real reason many grandparents don't help with childcare more: They can't afford to. Many American families are stuck between a retirement crisis and a childcare crisis, with young parents unable to help their own parents — and vice versa. The childcare crisis meets the retirement crisisSandra, 51, has been dealing with both childcare and eldercare challenges over the past year. "And that would help parents who want to stay home and care for kids; it would also help grandparents who want to help care for kids while their parents are working." AdvertisementRachidi also said that revisiting the usefulness of regulations around informal care — settings like friend and family care — should be on the table, too.

Persons: Linda C, Donald Trump, Joe Biden, Sen, JD Vance, Linda, I'd, Vance, Trump, she's, —, Taylor Van Kirk, Van Kirk, Sandra, grandpa, Elliot Haspel, Haspel, Kamala Harris, Jennifer Baker, they'd, that's, Baker, who's, Angela Rachidi, Rowe, Rachidi, Connie Adler, Adler, Vance's Organizations: Service, Democratic, Business, AARP, Capita, American Enterprise Institute, asheffey Locations: California, Sweden, Arizona

☆ The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.
▼ + stars: | 2024-09-14 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Read previewBipartisan momentum is building around a sovereign wealth fund that could help the United States reduce its national debt or fund ambitious projects. And former President Donald Trump recently called for a similar state-owned investment fund to finance "great national endeavors" during a campaign stop at the Economic Club of New York. AdvertisementAlaska's fund offers benefits that mimic a universal basic income — a no-strings-attached, recurring payment distributed to people regardless of socioeconomic status. Federal lawmakers likely see a sovereign wealth fund serving a different purpose, like supporting industries or financing supply chain initiatives. Sovereign wealth funds — like Alaska's or Norway's Government Pension Fund Global, which is the largest in the world — are often funded by wealth generated from state-owned natural resources.

Persons: —, Joe Biden's, Donald Trump, Sarah Cowan, Winston Ma, Hunt, Ma Organizations: Service, White, Economic, of New, Business, Alaska Permanent Fund, NYU, Unicorns, Fund Locations: United States, of New York, American, Alaska

☆ Where Are the Squat Racks? Gyms Are Rushing to Remodel for Strength-Training
▼ + stars: | 2024-09-14 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +14 min

Related storiesThe boom of strength training in 2020Australian personal trainer Kayla Itsines developed the uber popular "Sweat with Kayla" app. "The 20-somethings, the 40-somethings, the 60-somethings will all be gravitating towards strength training, just because of the benefits it provides." They're branding themselves as more of a high-intensity training equipment provider than just a stair-climbing apparatus provider these days. Strength training is ideal for extending your "play span," your ability to keep doing what you love as you age. "What strength training really affords people is to make age just feel like a number," he said.

Persons: you'll, Mauro Maietta, that's, Kenneth Cooper, Arnold Schwarzeneggers, it's, Richard Simmons, Evan Hurd, Pete McCall, Kayla Itsines, Kayla, Kira Stokes, Kaisa Keranen, they'd, Pamela Kufahl, Kufahl, Gen Z, there's, —, they're, you've, Antonio Villalba, McCall, Clive Brunskill, Chris Travis, Jim Rowley, MoMo, JDI, Priscilla Del Moral, JDI's, Miriam Fried, MF, she's, Del, Natalia Mehlman Petrzela Organizations: Venture, Business, Sports, Fitness Industry Association, Crunch Fitness, Kids, Health & Fitness Association, Amazon, Health, Fitness, Getty, Seattle, New, Crunch, Athletech News, New School, Brands, Core Health Locations: Manhattan, L.A, Barre, Orange, New York City, New York

☆ My daughter dropped out of college after just 1 semester and enrolled in cosmetology school. I couldn't be more proud.
▼ + stars: | 2024-09-14 | by ( Kelli Thompson | ) www.businessinsider.com time to read: +5 min

Read previewOn August 13, 2023, my husband and I dropped off our only child, Hailey, at the University of Nebraska. Hailey's college biology courses were much more grueling than in high school, and she struggled to sit through the lectures. She courageously then dropped out of collegeNear the end of her first semester of college, Hailey courageously withdrew, told her friends, and notified her sorority. Her short time in college wasn't wastedWhen Hailey was making her decision, she was nervous that her one semester in college would be a waste. She has a full semester of college credits under her belt that will inform her worldview and future business choices.

Persons: —, Hailey, she'd, wasn't Organizations: Service, University of Nebraska, Tri Delta sorority, Business, University

☆ My husband and I are child-free. Sometimes, I worry we'll regret it.
▼ + stars: | 2024-09-14 | by ( Alix Campbell | ) www.businessinsider.com time to read: +5 min

Though my husband didn't want kids, he also never pushed me either way, which I'm grateful for. It mostly consists of other childless couples (or couples with grown-up children), surfers, business owners and freelancers, and expats from countries like Germany, Poland, France, Venezuela, and Spain. Related storiesI started questioning things after a couple we know had a babyRecently, though, our perfectly crafted child-free lifestyle has been turned upside down. Will we regret our decision to live on our own terms without the chaos and beauty of raising a child? I'm picturing my husband and me — all shriveled up and gray — sitting at an empty dinner table, just the two of us.

Persons: Lachlan, we'd, we've, Alix Campbell, Alix Campbell I'm, I'm, —, they'll Organizations: Service, Business, Netflix Locations: Nicaragua, Australia, Austria, Western Algarve, Portugal, Germany, Poland, France, Venezuela, Spain

In Japan, for example, most people are actually quite satisfied with housing costs. In recent years, rising rents and home prices driven by a severe housing shortage — coupled with elevated mortgage rates — have caused Americans' housing costs to soar to near-record levels of unaffordability. Some experts have pointed to Japan, where housing costs are lower than peer countries, as a potential model for solutions the US could adopt. While Japan's abundance of housing isn't entirely a positive story, when it comes to Tokyo, housing experts say there are many lessons the US could learn from its ally. AdvertisementWhile a population slowdown could help moderate housing costs, some experts believe a substantial population decline would have big economic consequences in the long run.

Persons: —, aren't Organizations: Service, Business, Housing, Gallup Locations: Japan, Israel, Turkey, Slovenia, Portugal, United States, Tokyo

☆ Welcome to a new era of work: The portfolio career
▼ + stars: | 2024-09-14 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

But around a year and a half ago, she decided to pursue what she calls a "portfolio career." Anna Mackenzie has a portfolio career and likes the variety of gigs she can do with this type of work. Mackenzie SweetnamJanel Abrahami, who also has a portfolio career, doesn't see workers going back to how work was before the pandemic. Some people may take on a freelance job or work more than one job to kick off their portfolio career. AdvertisementThe pros and cons of a portfolio careerMackenzie and Abrahami both think a portfolio career isn't for everyone.

Persons: —, Anna Mackenzie, Mackenzie, Mackenzie Sweetnam Janel Abrahami, doesn't, it's, divesting, Abrahami, Janel Abrahami, Janel Abrahami Mackenzie, who've, who's, " Mackenzie Organizations: Service, Business Locations: New Jersey, Australia

☆ 6 major differences between Netflix's 'The Perfect Couple' and the book it's based on — including a dramatically altered ending
▼ + stars: | 2024-09-14 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +7 min

Merritt's death is accidental in the bookMeghann Fahy as Merritt Monaco in "The Perfect Couple." Jack Reynor as Thomas Winbury, Dakota Fanning as Abby Winbury in "The Perfect Couple." The bride-to-be is called Celeste, not AmeliaEve Hewson as Amelia Sacks in "The Perfect Couple." Greer's scandalous past has been invented for the showNicole Kidman as Greer Winbury in "The Perfect Couple." Will, the youngest brother, doesn't exist in the bookSam Nivola as Will Winbury in "The Perfect Couple."

Persons: —, Amelia Sacks, Eve Hewson, Benji Winbury, Billy Howle, Merritt Monaco, Meghann Fahy, Greer Garrison Winbury, Nicole Kidman, Liev Schreiber, Elin Hilderbrand's, Jenna Lamia, Susanne Bier, Hilary Bronwyn Gayle, Lamia, Dakota Fanning, Thomas, Jack Reynor, Abby, Merritt, It's, ingests, Thomas Winbury, Abby Winbury, that's, Greer, Celeste, Amelia Eve Hewson, Celeste Otis, Netflix's, Kidman, That's, Isabel Nallet, Featherleigh Dale, Shooter Dival, Nikki Henry, Donna Lynne Champlin, Greer Winbury, Broderick Graham, Tommy Flanagan, doesn't, Sam Nivola, Will Winbury, Liam Daniel, Winbury, Will, Abby wouldn't, Amelia Organizations: Service, Business, Netflix, London Zoo Locations: Nantucket, British

Below, we've compiled everything you need to know about how to watch UFC 306, including options from around the world. Whether you've never missed a UFC event or you're trying to tune in for the first time, we've got you covered. How to watch UFC 306 in the USUFC 306 is available through ESPN Plus in the US. Check price at ESPNHow to watch UFC 306 everywhere elseIn the UK, you can watch UFC on TNT Sports through Discovery Plus. For the first time ever, a UFC event will be held at the MSG Sphere in Las Vegas, Nevada.

Persons: Sean O'Malley, Merab Dvalishvili, O'Malley, Dvalishvili, Alexa Grasso, Valentina Shevchenko, you've, we've, ExpressVPN, Prelims, Brian Ortega, Diego Lopes, Daniel Zellhuber, Esteban Ribovics, Ronaldo Rodriguez, Osbourne, Irene Aldana, Norma Dumont, Manuel Torres, Ignacio Bahamondes, Yazmin, Ketlen Souza, women's, Edgar Chairez, Kevin Borjas, Raul Rosas Jr Organizations: Business, Noche, UFC, ESPN, TNT, UK, ESPN Plus, TNT Sports, Discovery, & Company, Phish Locations: Riyadh, Canada, Las Vegas , Nevada

☆ The stock market risks keeping Wall Street's biggest bulls up at night
▼ + stars: | 2024-09-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +6 min

The bulls on Wall Street have been largely right about the stock market over the past two years. Business Insider asked three bullish stock strategists what they consider the biggest risks. Yet, those economists have been largely wrong about what could sink the stock market and economy. "In May/June, when you had a lot of bears or those that had been late to jump on the bull parade all of a sudden switch their forecasts and kind of chase markets up, which is pretty, I mean pretty, pretty, pretty classic," Belski told Business Insider. The second risk is, similar to Belski's concern, a 1990's type melt-up in the stock market.

Persons: —, Brian Belski, Belski, Yardeni Research's Eric Wallerstein Eric Wallerstein, Wallerstein, that's, Carson, Sonu Varghese Sonu Varghese, Varghese Organizations: Business, Service, BMO, Nvidia, Yardeni Research, Carson Group, Federal Locations: Russia, Ukraine, China, Taiwan

Lower interest rates may impact your investment portfolio following the Fed's first rate cut. "They get spooked by something like policy changes and sell out of a diversified investment portfolio. "Generally, lower interest rates boost the economy as lending gets cheaper for consumers and businesses, " says Eckles. However, as interest rates fall, the attractiveness of these cash investments declines. The inverse relationship between bond prices and interest rates means that as rates fall, bond prices rise, providing another return component.

Persons: Banks, Goldman Sachs, JP Morgan, Bakkum, Pam Krueger, annualized, Jaime Eckles, Plante Moran, doesn't, We've, Krueger, Cash Organizations: Federal Reserve

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