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This post was originally published on TKer.com. Jim Reid, macro strategist at the bank, wrote that “historically the S&P 500 normally always only bottoms in a recession and usually not until mid-way through.” Reid and his colleagues expect the U.S. economy to enter a recession in 2023. As such, they also believe the S&P 500 is “likely” to see a low that year before resuming any rally. There are two ways of thinking about this chart. First, recessions are common in history and… Source link

An oft-repeated regret among former aides to President Obama is that they didn’t spend enough time traveling and selling voters on their accomplishments. Recent days from the Biden White House have been a demonstration of how intent aides are on not repeating that perceived mistake. Last week, President Biden visited Wisconsin, Pennsylvania, Ohio, and Maryland for numerous events. This week, Biden will visit Massachusetts and Michigan and is expected to deliver seven speeches. “I don’t… Source link

For a while, it looked like whoever trained Le’Veon Bell for his exhibition boxing match had been playing an elaborate prank on him. Then Adrian Peterson walked straight into a hard right. The former Pittsburgh Steelers running back emerged victorious from a sparsely attended Social Gloves exhibition against his fellow NFL running back on Saturday despite an embarrassing show of form in the first four rounds. Each boxer landed only a handful of blows — and few, if any, significant strikes… Source link

LAS VEGAS, NEVADA – SEPTEMBER 10: Nate Diaz taunts Tony Ferguson in a welterweight fight during the UFC 279 event at T-Mobile Arena on September 10, 2022 in Las Vegas, Nevada. (Photo by Chris Unger/Zuffa LLC) Nate Diaz‘s exit interview from the UFC went about as expected after an incredible turn of events during fight week meant he’d be facing Tony Ferguson on short notice in the main event of UFC 279 instead of Khamzat Chimaev. Diaz locked in what may end up being the final submission of his… Source link

LAS VEGAS — Nate Diaz put on a vintage performance Saturday in the main event of UFC 279 at T-Mobile Arena, submitting Tony Ferguson with a guillotine choke at 2:52 of the fourth round in the new main event. Diaz left the door open for a return to the UFC, but said he planned to show fighters how to take over another sport. “I want to get out of the UFC for a minute and show all these UFC fighters how to take over and own up another sport how you’re supposed to do it,” Diaz said in the… Source link

Scott Frost’s Nebraska tenure now includes another ugly loss. The Cornhuskers lost 45-42 to Georgia Southern on Saturday night as the Eagles became the third Sun Belt team to beat a Power Five opponent in Week 2. Nebraska had a chance to send the game to overtime as time expired but Timmy Bleekrode’s 52-yard kick sailed wide left. The defeat is the first time in 215 home games at Memorial Stadium that Nebraska has lost while scoring 35 or more points. And it drops Frost’s record at… Source link

For just the second time in 43 years, Kentucky found a way to win in The Swamp. It wasn’t always pretty, but the No. 20 Wildcats overcame offensive struggles and special teams sloppiness with an excellent effort on defense in a 26-16 victory over No. 12 Florida. Of those 26 points, 13 came directly off interceptions of Florida’s Anthony Richardson. Richardson was phenomenal in Florida’s Week 1 win over Utah but struggled mightily in this one. After rushing for 106 yards and three… Source link

Albert Pujols crushed the 696th homer of his illustrious career on Saturday night, tying Alex Rodriguez for fourth on the all-time home run list. The St. Louis Cardinals legend now has 17 homers in a surprising 2022 resurgence, with time left to reach for 700. Facing JT Brubaker of the Pittsburgh Pirates, Pujols cranked a first-pitch slider 418 feet into the left-field stands. Albert Pujols climbing toward 700-homer club The year Pujols debuted in MLB, Barry Bonds hit 73 home runs on his way to… Source link

Iga Swiatek has done it again. For the second time this year, she’s standing at the top of a podium, holding a Grand Slam trophy above her head. This time, she defeated Ons Jabeur 6-2, 7-6(5) to win the 2022 US Open, capping off a year of incredible and unexpected success. Swiatek, who looked extremely nervous before the match began, looked anything but once the rackets started swinging. She came out strong, showing off all the skills we know her for: explosive movement, pinpoint precision… Source link

Marcus Freeman is going to have to wait a little longer to get his first win as Notre Dame’s head coach. Marshall played spoiler on Saturday in No. 8 Notre Dame’s home opener, upsetting the Fighting Irish 26-21 in South Bend. It was an ugly performance all around for the Irish, who are now 0-3 during Freeman’s brief time as head coach. On Saturday, the Irish came out of the gates sluggish and fell behind 9-7 at halftime. The Marshall lead grew to 12-7 entering the fourth until the Irish… Source link