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PARIS (AP) — Paris Men’s Fashion Week, ending Sunday, has witnessed a striking dichotomy of styles. Here are some highlights of fall-winter 2024 men's shows:SACAI’S BOLD WARRIOR CHICAs the sun set on Paris Menswear Week, Sacai, Japan’s commercial juggernaut in the fashion world, delivered imaginatively. This season’s Paris Men’s Fashion Week traveled from the elegantly understated to the boldly expressive. In contrast with this muted luxury, Balmain made a striking comeback to men’s fashion with a lineup that screamed opulence. Menswear week showcased the dual nature of men’s luxury fashion, oscillating between the quietly sophisticated and the unapologetically extravagant.
Persons: Chitose Abe, Abe’s, WOOYOUNGMI’S, Naomi Campbell, Rick Owens, Owens, Jamie Dornan, Zayn Malik gracing, Loewe, Louis Vuitton, Yohji, Wim Wenders, Norman Reedus, Zinédine Zidane Organizations: PARIS, Paris, AMI, Balmain Locations: Paris, Paris Seoul, PARIS
PARIS (AP) — In a dazzling universe where high-art, fashion and celebrity collide, Jonathan Anderson’s latest collection for Loewe explored modern masculinity, set against the backdrop of our social media-saturated world. Amidst the audience, actor Jamie Dornan was spotted, amusedly gazing at fleeting images of himself woven into pulp fiction video collages that spanned from paparazzi shots to art history and social media. LOEWE’S SOCIAL MEDIA COLLAGECentral to this digital-age collection was the theme of divergence. Anderson skillfully eschewed the idea of one single aesthetic, presenting a full, fabulous collage of social media characters, each uniquely styled — and seemingly caught off-guard, as they might be by the lens of TMZ or Us Weekly. His latest display shows how the ever-evolving dynamics of social media and celebrity are reshaping modern masculinity.
Persons: Jonathan Anderson’s, Loewe, Richard Hawkins, Jamie Dornan, Anderson, Hawkins, HERMES, Hermès, Prince, Nichanian Organizations: PARIS, MEN Locations: Wales
Investors are continuing to pour cash into money market funds, thanks to their juicy 5% yields. In the month of January, money market funds typically see outflows after having big inflows in December, she said. That's because there is generally a lag between the cuts and money market fund yields coming down. Still, even as yields in money market funds eventually go down, they will still be attractive, said Peter Crane, founder of Crane Data. Typically, retail investors have an allocation of about 5% or 10% in cash, including money market funds.
Persons: Deborah Cunningham, Cunningham, Peter Crane Organizations: Bank of America, Federated Hermes, Crane Data, Investment Company Institute
AdvertisementWhen you think of Norwegian Cruise Line Holdings, you probably think of its giant amusement park-like cruise ships with 10-story-tall slides, go-kart tracks, and many families. Its newest Oceania Vista ship, which debuted in May 2023, is at the higher end of the range with a 1,200-guest capacity. Regent Seven Seas Cruises — the true ultra-luxury optionThe Seven Seas Grandeur's pool was surrounded by several hot tubs. And both vessels — built without loud water slides or arcades — exude a feeling of peace and quiet not often experienced throughout larger family-friendly cruise ships . Brittany Chang/Business InsiderNCLH's mass-market eponymous brand still has more ships in its fleet than Regent Seven Seas and Oceania combined.
Persons: , NCLH, Brittany Chang, Hermes Birkin, Bulgari, Jacques Pépin, isn't, — they're, I've, Pablo Picasso, Mark Kempa Organizations: Cruise Line Holdings, Regent Seven Seas, Regent Seven, Service, Norwegian Cruise Line Holdings, Norwegian Cruise, Mexico itineraries, Business, Oceania, Culinary Arts, Regent Locations: Oceania, Norwegian, Africa, Asia, Caribbean, Mexico, Greece, Italy, Spain, Turkey, New York City, Oceania Vista, Brittany, French, France, Nicaragua, Regent Seven Seas
Investors seeking income in the stock market have reason to cheer, according to author and portfolio manager Daniel Peris. He's predicting a major paradigm shift in the market as dividends come back in vogue. "Conservative, self-proclaimed dividend investors are going to have access to more companies over time," said Peris, author of the new book, " The Ownership Dividend ." These days, about 80% of S & P 500 stocks pay a dividend. Investing in dividend stocks Still, just because a company offers a dividend doesn't mean it is a good investment.
Persons: Daniel Peris, Peris, Peris doesn't, He'd Organizations: Conservative, Nasdaq, Federated Hermes, Strategic, Google, Big Tech Locations: Silicon Valley, U.S
A former Qatar Airways flight attendant said police targeted him for wearing items from Hermès. AdvertisementA former Qatar Airways flight attendant who was detained for using tinted moisturizer says an officer accused him of being a sex worker because he was wearing luxury clothing. Ignatius told BI. The following day, Ignatius said Qatar Airways confiscated his passport and that he was not allowed to leave the living quarters. He said he now works as a flight attendant with Jetstar, owned by Australia's Qantas.
Persons: Gilbert Ignatius, Ignatius, , he's, Irving loafers, Kelly Organizations: Qatar Airways, Service, Criminal Investigation Department, Qatar's, South Metropolitan TAFE, Irving, BI, Jetstar, Australia's Qantas Locations: Qatar, Doha, Indonesia, Perth, Australia, Indonesian, Philippines
By contrast, even the most expensive Shopping Bags often cost less than $300. Telfar Clemens at the CFDA x Vogue Fashion Fund 'Americans in Paris' event, Paris Fashion Week, France in March 2018. Maker of the ‘Bushwick Birkin’“This Telfar bag imported. The Covid-19 pandemic sent the popularity of the Shopping Bag to new heights — new bag releases announced online sold out in minutes. ‘For everyone’In 2015, Telfar had an unusual partner at New York Fashion Week: fast-food chain White Castle.
Persons: Bella Hadid, Alexandria Ocasio, “ Abbott, they’re, Birkin, , Telfar Clemens —, ” Clemens, Clemens, He’s, Telfar, Telfar Clemens, Hagop Kalaidjian, Clemens “, Lois Sakany, Beyoncé, Gonzalo Marroquin, Patrick McMullan, Solange Knowles, David X Prutting, Bushwick Birkin, , Adrienne Jones, Samia Laaboudi, Edward Berthelot, Chanel, Laticha Brown, , Robert F, Kennedy, Babak Radboy, , It’s, Elliott Jerome Brown Jr, ” Sakany, Sakany, Pratt’s Jones, Radboy, ” Telfar, DiCianno, Jones, ” Jones, it’s Organizations: New, New York CNN, Rep, ABC, Brooklyn, tote, Gay Times, Fund, Paris, CNN, Liberian, New York’s Pace University, Breakfast Club, of Fashion Designers of America, Vogue, Guggenheim Museum, ” Pratt Institute, Security, New York, Reuters, Analysts, Bag Security, Fashion Institute of Technology, White, Kennedy Human Rights Liberty, Justice Fund, Old, Fast Locations: New York, Alexandria, Cortez, Bushwick, Brooklyn, Paris, France, New York City, Liberian, Queens, Liberia, United States, USA, . Clemens
11-year-old Moo Abraham went viral on TikTok this year after showing off her lavish lifestyle. Videos on the account of Love Luxury, a store owned by her parents, show her modelling clothes and jewelry worth thousands. AdvertisementAn 11-year-old girl has caused a stir on TikTok and divided users' opinions as videos of her showing off her luxury items including a $124,000 watch and a $31,000 Hermés handbag have gone viral. The Patek Philippe Nautilus 5711 , which was discontinued by the brand, is being resold for anywhere between £70,000 ($87,000) to £266,798 ($333,000) on the luxury watch marketplace Chrono24. Business Insider couldn't independently verify whether Moo Abraham owns the items she models, or whether they are stock in her parents' store.
Persons: Moo Abraham, , Emily, Adam Abraham, Louis Vuitton, Dior, Gucci, billionairesdaughter, She's, Emily Abraham, she's, Philippe, Kelly, Philippe Nautilus, couldn't, Moo, Royce Cullinan, item's Organizations: Service, Love, Philippe Nautilus, Fashion Locations: London, TikTok, Knightsbridge , London, Dubai
[1/2] Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. The Pentagon said it was aware of reports regarding attacks on an American warship and commercial vessels in the Red Sea on Sunday, while Yemen's Houthi group claimed drone and missile attacks on two Israeli vessels in the area. Such worries flared after Hamas’ Oct. 7 attack into southern Israel but subsided in recent weeks. Quincy Krosby, chief global strategist at LPL Financial, said a widening conflict could push some investors to take profits on the recent rally in stocks. Signs of an intensifying Middle East conflict could also boost oil prices, which have slumped in recent weeks.
Persons: Brendan McDermid, Yemen's, Quincy Krosby, , , Phil Orlando, Federated Hermes, Santa Claus, Orlando, I'm, Krystal Hu, Ira Iosebashvili, Chizu Organizations: New York Stock Exchange, REUTERS, Hamas, Pentagon, Reuters, LPL, U.S ., Federated, West Texas, Thomson Locations: New York City, U.S, American, Israel, United States, Iraq, Iran, Santa
The authors of the subcommittee’s submission, in perhaps their most admirable achievement, summarized Santos’ grand political deception in a single sentence. (Santos’ first treasurer, Nancy Marks, resigned before pleading guilty to a conspiracy fraud charge and implicating Santos in a scheme to hoodwink donors.) Not coincidentally, all five swing-district Republican freshmen are expected to vote for Santos’ removal on Friday. In comments to reporters on Thursday, Santos promised more drama before he leaves town. “I’m going to be the first member of Congress expelled without any of those parameters.”On that point at least, Santos is telling the truth.
Persons: George Santos ’, Michael Guest, Santos, He’s, America’s, Santos ’, Mary Magdalene, United States Congress ”, “ Santos, , , Goldman Sachs, Robert Zimmerman, might’ve, Santos –, Elise Stefanik, machers –, Stefanik, Anthony D’Esposito, Nick LaLota, Mike Lawler, Brandon Williams, Marc Molinaro, Thomas Datwyler, Nancy Marks, ” “, ” Santos, Marks, Mike Johnson, “ I’m Organizations: CNN, New York Republican Rep, Republican, GOP House, United States Congress, Baruch College, Business Administration, New York University, Citi Group, Democratic, Congressional District, New York Times, Empire State Democrats, Democrats, GOP, New York, Washington and New York, Battleground, , Republicans, Confederate Locations: Mississippi, Business, New York, Washington and New, Long, New York City, Battleground New York, Santos, Washington
He has admitted fabricating much of his biography, and federal prosecutors accuse him of laundering campaign funds and defrauding donors. At least 77 Republicans, along with the chamber's 213 Democrats, will have to vote for expulsion to meet that threshold. House Speaker Mike Johnson told reporters on Wednesday that he had reservations about the vote, but had called on members of his party to "vote their conscience." On the House floor on Thursday, Santos said, "I have been convicted of no crimes. Before Santos' win in 2022, the district was represented by Democrat Tom Suozzi, who unsuccessfully ran for governor.
Persons: George Santos, Elizabeth Frantz, Republican George Santos, Santos, Mike Johnson, Democrat James Traficant, Goldman Sachs, Nick LaLota, Kathy Hochul, Tom Suozzi, Suozzi, Makini Brice, Andy Sullivan, Moira Warburton, Scott Malone, Jonathan Oatis Organizations: Rep, U.S, Capitol, REUTERS, Rights, Republican, U.S . House, Republicans, Santos, Democrat, New York University, Citigroup, Republican Party, White, Democratic New York, Thomson Locations: Washington , U.S, U.S, New York City, Long, OnlyFans, Civil, New York, Washington
The documents showed that the government also labeled as part of its climate change efforts items as disparate as Navy security operations and distributing fortified milk among the rural poor. Of this, Pemex spent 5.6 billion pesos on climate change and 1.3 billion pesos on the energy transition in the same period, the public accounts show. "Mexico started really strong," said Maria Jose de Villafranca, the lead researcher for Mexico at Climate Action Tracker. The government did not make officials available to discuss its climate change plans. Mexico has not released information about its strategy, which has been criticized by climate change experts as non-compliant with the Paris Agreement.
Persons: Gustavo Graf, Andres Manuel Lopez Obrador, Lopez Obrador, Lopez Obrador's, Pemex, Victor Gomez, Gomez, Maria Jose de Villafranca, There's, Jason DeVito, Stefanie Eschenbacher, Simon Jessop, Dave Graham, Claudia Parsons Organizations: REUTERS, MEXICO CITY, Reuters, United, CFE, United Nations, Navy, Federated Hermes, Thomson Locations: El Bosque, Mexico, MEXICO, DUBAI, United States, Paris, United Nations, Dubai, CFE, Mexico City
"This is bullying," Santos said at a news conference outside the Capitol. His fellow Republicans have scheduled a vote on his expulsion on Friday. Santos survived one expulsion vote earlier this month, but faces longer odds this time. Santos declined to comment on that report, but said he was not wearing anything purchased with campaign funds. Santos predicted he would be forced out in Friday's vote and said he was proud of his record in Congress.
Persons: George Santos, Elizabeth Frantz, Representative George Santos, Santos, Jamaal Bowman, Bowman, Goldman Sachs, Makini Brice, Andy Sullivan, Susan Heavey, Scott Malone, Nick Zieminski, Jonathan Oatis Organizations: U.S . Rep, U.S, Capitol, REUTERS, Rights, Representative, Republicans, Congress, Democratic, U.S . Constitution, Representatives, New York University, Citigroup, Republican Party, White, Thomson Locations: Washington , U.S, Congress, New York City, New York, U.S ., Civil
WASHINGTON, Nov 29 (Reuters) - The U.S. House of Representatives is expected to vote on Friday on whether to expel scandal-plagued Republican George Santos, who faces criminal corruption charges and new accusations that he misspent campaign money, according to Republican aides. The motion requires a two-thirds majority in the House, which Republicans control by a narrow 222-213 majority. Santos' district, which includes a small slice of New York City and some of its eastern suburbs, is seen as competitive. The bipartisan Ethics Committee on Nov. 16 released a report on allegations that Santos committed campaign finance fraud. A vote on Nov. 1 to expel Santos failed because Republicans need Santos' seat to protect their narrow House majority, which empowers them to block much of Democratic President Joe Biden's legislative agenda.
Persons: Republican George Santos, Santos, Mike Johnson, Johnson, George Santos, Elizabeth Frantz, Hermes, Joe, Goldman Sachs, Katharine Jackson, Makini Brice, Scott Malone, Andy Sullivan, Grant McCool, Jonathan Oatis, Daniel Wallis Organizations: U.S . House, Republican, U.S . Rep, U.S, Capitol, Democratic, Representatives, REUTERS, Justice Department, Citibank, New York University, Thomson Locations: New York City, New York, Washington , U.S, OnlyFans
[1/2] The office door of U.S. Rep. George Santos (R-NY) is seen the morning after two Democratic lawmakers moved to force a vote to expel Santos from the House of Representatives, on Capitol Hill in Washington, U.S., November 29, 2023. The motion requires a two-thirds majority in the House, which Republicans control by a narrow 222-213 majority. Republicans are divided on whether to expel Santos because he has not been convicted of a crime, the speaker said. The bipartisan Ethics Committee on Nov. 16 released a report on allegations that Santos committed campaign finance fraud. A vote on Nov. 1 to expel Santos failed because Republicans need Santos' seat to protect their narrow House majority, which empowers them to block much of Democratic President Joe Biden's legislative agenda.
Persons: George Santos, Santos, Elizabeth Frantz, Republican George Santos, Mike Johnson, Johnson, Hermes, Joe, Goldman Sachs, Katharine Jackson, Moira Warburton, Scott Malone, Andy Sullivan, Grant McCool, Jonathan Oatis Organizations: U.S . Rep, Democratic, Capitol, REUTERS, Rights, U.S . House, Republican, Justice Department, Citibank, New York University, Thomson Locations: U.S, Washington , U.S, New York City, New York, OnlyFans, Washington
Berkshire Hathaway vice chairman Charlie Munger dies at 99
  + stars: | 2023-11-28 | by ( ) www.reuters.com   time to read: +12 min
Nov 28 (Reuters) - Charlie Munger, the longtime vice chairman and second-in-command to Warren Buffett at Berkshire Hathaway (BRKa.N), died on Tuesday morning at a California hospital. For stock-pickers like us to lose Charlie Munger, would be like if you’re a basketball fan and you lose Bill Russell. "I wouldn't think Berkshire will look much different, apart from Buffett no longer being able to share ideas with Munger. CATHERINE SEIFERT, VICE-PRESIDENT, CFRA RESEARCH, NEW YORK“Berkshire Hathaway shareholders are not going to be directly or negatively impacted from the passing of Charlie Munger. Therewass already a transition plan in place and there's a transition plan in place when Warren Buffett passes away.
Persons: Charlie Munger, Warren Buffett, Charlie, WHITNEY TILSON, BRIAN MOYNIHAN, Charlie Mungerwass, ” BURNS MCKINNEY, Bill Russell, , Berkshire Hathaway, ” PHIL ORLANDO, FEDERATED HERMES, BILL, Buffett, Munger, PHILLIP, , STEVE SOSNICK, , ” WIN MURRAY, DIAMOND, MARY JO, BILL SMEAD, Warren, ” “ Buffett, Todd Combs, Ted Weschler, ” PAUL LOUNTZIS, Greg Abel, I've, you'll, STEPHEN DODSON, hewass, ” PAUL NOLTE, FOR MURPHY, Warren Buffet, they've, QUINCY KROSBY, RICK MECKLER, CHERRY, NEW VERNON, Hewass, obviouslywass, DOUG KASS, ” THOMAS RUSSO, GARDNER RUSSO, QUINN, CATHERINE SEIFERT, he's, ” ANTHONY SAGLIMBENE, THOMAS HAYES Organizations: Berkshire Hathaway, COOK, APPLE, WHO, KASE, OF, FEDERATED, Berkshire, ” WIN, THE BRETTON, SAN, SYLVEST, NEW, Buffett, GREAT, Global Finance, Markets, Thomson Locations: California, Munger, Berkshire, American, DALLAS , TEXAS, GLENVIEW, CALIFORNIA, CONNECTICUT, DIAMOND HILL, COLUMBUS , OHIO, PHOENIX, ” “ Berkshire, , PENNSYLVANIA, ELMHURST, IL, CHARLOTTE, NC, CHERRY LANE, NEW JERSEY, LANCASTER , PENNSYLVANIA, Munger . Berkshire, TROY , MICHIGAN, GREAT HILL
U.S. Rep. George Santos (R-NY) leaves the Capitol after a series of votes, in Washington, U.S., November 15, 2023. The motion requires a two-thirds majority in the House, which Republicans control by a narrow 221-213 majority. Democrats Robert Garcia and Dan Goldman, the lawmakers who filed Tuesday's resolution, introduced resolutions to expel Santos earlier this year that were referred to the House of Representatives Ethics Committee. Santos survived a vote to oust him on Nov. 1, but on Nov. 16, following a scathing report by the Republican-majority Ethics Committee, its chairman, Michael Guest, filed his own motion to expel Santos. If expelled, Santos would be only the sixth lawmaker to be ousted by a vote of the House.
Persons: George Santos, Elizabeth Frantz, Santos, Robert Garcia, Dan Goldman, Michael Guest, Hermes, Makini Brice, Moira Warbuton, Scott Malone, Grant McCool Organizations: Rep, REUTERS, Rights, . House Democratic, Republican, Capitol, Justice Department, Thomson Locations: Washington , U.S, New York City, New York, OnlyFans
Listen and follow The DailyApple Podcasts | Spotify | Amazon MusicOnly five members of the U.S. House of Representatives have ever been expelled from the institution. This week, Representative George Santos, Republican of New York, could become the sixth. In a damning ethics report, House investigators found that the congressman spent tens of thousands of dollars in political contributions on Botox, Ferragamo goods and vacations. Grace Ashford, who covers New York State politics and government for The Times, explains why, after a year in office, so many of Mr. Santos’s colleagues have had enough.
Persons: George Santos, Grace Ashford, Santos’s Organizations: Spotify, U.S . House, Representatives, Republican, New, The Times Locations: New York, New York State
Rep. George Santos went on an extended tirade against his colleagues on Friday evening. Santos says he expects to be expelled this week and will wear it "like a badge of honor." AdvertisementDays before his likely expulsion from the House of Representatives, Rep. George Santos of New York went on his most unhinged tirade yet. "It ain't gonna be the dude from Mississippi that's gonna kick me, a New Yorker, out of Congress," Santos said. According to the House Ethics Committee's report on Santos's conduct, the congressman was largely uncooperative during the investigation.
Persons: George Santos, Santos, , Monica Matthews, George Santos's, jnjPt9jph8 — bryan metzger, @metzgov, Michael Guest, Madison Cawthorn, — Santos, they're Organizations: Service, Representatives, George Santos of New York, Republican, , Republican Rep, Madison Locations: George Santos of New, Mississippi, New
IN NEWS sure to leave biker gangs uncharacteristically tearful, leather pants are threatening to go bougie. Long a bad-boy symbol, hide trousers have been transformed by high fashion this fall. They’re being proposed as a suave, sensual and comfortable alternative to chinos, cargo pants and tailored trousers. Some feature high waists to elongate legs or pleats to conjure old-school élan worthy of Cary Grant. Nick Paget, senior menswear strategist at trend forecasting firm WGSN, attributes the leather look to a post-Covid desire for sensual dressing.
Persons: Long, Tod’s, Rocker, They’re, Cary Grant, Nick Paget, lockdowns, , Organizations: Givenchy, Metallica
Investors looking ahead to 2024 should pick up shares of Hermes , Cartier owner Richemont and Hugo Boss in the luxury goods sector, according to UBS. The Swiss investment bank has a bullish call on those three stocks, though it struck a more cautious tone for the sector. RMS-FR CFR-CH,BOSS-DE YTD line UBS has a price target of 85 euros ($93) a share for Hugo Boss, which points to a 38% upside from the current share price. The Swiss bank also raised its price target for Hermes to 2,216 euros, which is 12% above its current share price. The outlook for the three stocks contrasts with UBS' view that slowing sales momentum and easing pricing power warrant caution on the luxury sector on the whole.
Persons: Cartier, Richemont, Hugo Boss, Zuzanna Pusz, Hermes Organizations: Hermes, UBS, Amundi, CFR, Burberry, EssilorLuxottica, Swatch, Tod's Locations: Swiss
Baseball is not popular in Colombia. In Bogotá, the capital, many know very little about “béisbol.” And the city has only two public baseball fields. But swing by Hermes Barros Cabas baseball stadium on any weekend, and it doesn’t feel that way. On a recent Sunday, five groups of children dressed in their team uniforms filled every corner of the main field. The vast majority of the 500 players in the Bogotá baseball league are from neighboring Venezuela, where baseball is the most popular sport.
Persons: Hermes Barros Organizations: Coaches, Colombian Locations: Colombia, Venezuela
The police found he was wearing tinted moisturizer and accused him of being a sex worker, he added. The I reported that Qatar Airways took the flight attendant's passport and drove him to the border. AdvertisementA former Qatar Airways flight attendant told the British newspaper the I that he was fired and deported after the police accused him of being a sex worker amid a crackdown on LGBTQ+ people. On the following day, the newspaper reported, Qatar Airways held Ignatius' passport and told him he was grounded. This month, Qatar Airways appointed a new CEO to take over from the outspoken Akbar Al Baker, who once said a woman couldn't do his job.
Persons: Gilbert Ignatius, , Ignatius, Akbar Al Baker Organizations: Qatar Airways, Service, British, Qatari, Criminal, Business Locations: Doha, Qatar, Indonesia, Indonesian Embassy, Bangkok, Saudi Arabia
[1/5] The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Israel on Sunday said the Houthis had seized a British-owned, Japanese-operated cargo ship in the southern Red Sea, describing the incident as an "Iranian act of terrorism" with consequences for international maritime security. The Houthis, an ally of Tehran, confirmed that they had seized a ship in that area but described it as Israeli. The Glovis Star drifted for a number of hours in the Red Sea before continuing its journey, AIS ship tracking data showed on Monday. Houthi leadership last week said their forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait.
Persons: Yemen's Houthis, Ray Car, Ambrey, Hermes, Isaac Herzog, Jonathan Saul, Mark Porter, Christina Fincher Organizations: Galaxy Leader, Houthi Military, REUTERS Acquire, Sunday, Nippon, Galaxy, Ray, Ray Car Carriers, Glovis, Hermes, AIS, Galaxy Maritime Ltd, Thomson Locations: Red, Gulf, Aden, Israel, British, Tehran, Japan, Saudi, Omani, Nishtun, Yemen, Sri Lanka, Mandeb Strait . U.S, Hodeidah
The S&P 500 could be on track to notch a new record next year, according to market vet Phil Orlando. AdvertisementThe bull market in stocks has more room to run, and it could take the S&P 500 to a new high by the end of next year, one market veteran says. Orlando sees the S&P 500 surging to 5,000 by the end of 2024, representing an upside of around 10% from the benchmark index's current levels. Higher bond yields influence other interest rates in the economy, which have also helped tighten financial conditions. The S&P 500 has climbed 7% over the past month, trading around 4,535 on Monday.
Persons: Phil Orlando, , Orlando, They've Organizations: Federated Hermes, Service, Bloomberg, Fed, Treasury
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