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He said the S&P 500 would climb back to 4,400 by early next year. He said he thinks the S&P 500 will rally back to 4,400, which is about 19% upside from where it closed on Friday. StifelProvided that inflation continues to meaningfully drop, so too will yields on 10-year Treasury Inflation-Protected Securities, or TIPS, Bannister said. When 10-year TIPS yields and 36-month fed funds futures fall, the S&P 500 tend to rise. Longer-term, the S&P 500 is likely to remain range-bound below 4,800 through the rest of the decade, he said.
Hillary Clinton liked Donald Trump's rally in Ohio to speeches by Adolf Hitler, per Fox News. Trump's spokesperson told Fox News that the comparison was "pathetic" and "divisive." "I remember as a young student, you know, trying to figure out, how people get basically brought in by Hitler," Clinton said, per Fox News. Attendees of the rally in Youngstown, Ohio, raised their fingers to the sky as a QAnon-associated song played. The finger salute at the Ohio rally generated controversy, prompting New York State Senator Anna Kaplan to compare it to the "Heil Hitler" salute used by Nazis.
CNBC's Jim Cramer on Thursday said that inflation could soon decline, leaning on charts analysis from legendary technician Larry Williams. "The charts, as interpreted by Larry Williams, suggest that inflation could soon cool down substantially — soon — if history's any guide," he said. The "Mad Money" host's comments come after the Federal Reserve on Wednesday raised interest rates by another 75 basis points and reiterated its hawkish stance against inflation. To explain Williams' analysis, the "Mad Money" host first examined a chart of the current Federal Reserve sticky price consumer price index (in black) compared to the burst of inflation in the late seventies and early eighties (in red).
Why convertible cars are declining in popularity
  + stars: | 2022-09-22 | by ( Robert Ferris | Jade Tungul | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy convertible cars are declining in popularityGaining popularity in the 1950s and 1960s, the convertible car is an automotive American icon. As a symbol of leisure and fun, some history's iconic models were convertibles, such as the Chevrolet Corvette and the Ford Mustang. However, convertibles have been steadily losing popularity among car buyers and make up only 0.46% of new car sales in 2021. Buyers value practicality and functionality over looks and leisure, leading their interests elsewhere. Can the iconic design stand the test of time?
Brian Sullivan's RBI: What history's sell-off signals tell us
  + stars: | 2022-09-21 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBrian Sullivan's RBI: What history's sell-off signals tell usBrian Sullivan's daily RBI segment on Worldwide Exchange focuses on the top 10 hottest CPI prints in the past few decades... and what they may suggest for moves in the markets this year.
(CNN) A prequel to a prequel, "Andor" brings a gritty tone and look to the "Star Wars" universe, as much the washed-out landscape of "Blade Runner" as George Lucas' far-away galaxy. Yet whatever promise that entails is mostly lost in flabby storytelling, essentially stretching what would have been a 10-minute movie prologue over the first three episodes. Disney+ has wisely decided to launch the 12-episode prequel to "Rogue One," starring Diego Luna as the spy Cassian Andor, with those three episodes, providing a somewhat better sense of the series' framework than the plodding first installment. Following a less-trodden path, though, doesn't excuse moving at the pace of a wounded Bantha, bogged down by flashbacks to the protagonist's childhood. Nor do these early episodes do enough to distinguish the shifting cast of supporting characters, a group that doesn't provoke much more than indifference.
It starts with comparing the number of wins from that general to a replacement general in the same circumstances. The real power is ranking the general's WAR score, the aforementioned Wins Above Replacement. For each battle, the general receives a weighted WAR score, a negative score for a loss. There were some surprises in the model, like the apparent failures of generals like Robert E. Lee and more modern generals. To see every general's data point and where they sit in the analysis, check out the Bokeh Plot, an interactive data visualization.
"What bigger problem is there to solve for our generation than climate change?" Not only is climate change an existential-level threat to humanity, it is especially dangerous for the poorest communities around the world. "Eventually, it just got to the point where I couldn't justify to myself why I'm still doing something that isn't climate," Kirpichov told CNBC. "It turns out that there are just so many people who are in the same boat," Kirpichov told CNBC. We know Southeast Asia is going to get hit really hard with climate change.
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