Robert Shiller released a book in 2000 titled Irrational Exuberance, which proclaimed the stock market was a bubble. Soon afterward, the tech bubble burst. Then in 2004, the Yale economics professor called attention to spiking real estate prices with a paper titled Is There a Bubble in the Housing Market? By 2007, Shiller predicted its bust was inevitable. Soon afterward, of course, the 2008 housing bubble burst. As the pandemic housing boom—which has pushed up U.S. home prices by 42% over… Source link
Read More »Kliff Kingsbury let Kyler Murray call plays in practice to teach him ‘this s*** ain’t easy’
Arizona Cardinals coach Kliff Kingsbury wants quarterback Kyler Murray to understand one thing about calling plays: “This s*** ain’t easy.” Kingsbury gave Murray a chance to call plays in practice and gave an evaluation of Murray as a play-caller. The verdict: Kingsbury wouldn’t want to play for Murray. As Kingsbury explained, he let Murray call plays for the backup quarterbacks Saturday. Kingsbury made the decision so Murray could experience what it was like to call plays during a game…. Source link
Read More »Colts All-Pro Darius Leonard would like for you to call him Shaquille
Darius Leonard has a request. He would like for you call call him Shaquille. The Indianapolis Colts All-Pro linebacker made the revelation as training camp got underway on Tuesday. In fact, he hates being called Darius. “I hate being called Darius,” Leonard told reporters. “I understand it’s going to be hard, but I would love it if y’all would try to call me Shaquille or D or Maniac, and not Darius.” So why the switch? It turns out it’s not a switch for Leonard except in broader NFL… Source link
Read More »Jamie Mullarkey rallies to outslug Michael Johnson for split call
LAS VEGAS – Jamie Mullarkey left UFC on ESPN 39 with the biggest win of his career, but it didn’t come without some help from the judges and a lot of shots from Michael Johnson. Mullarkey (15-5 MMA, 3-3 UFC) edged Johnson (29-18 MMA, 12-14 UFC) by split decision in their lightweight bout at the UFC Apex, taking scores of 29-28, 28-29 and 29-28 in a brutal, back-and-forth contest. The first round started with both men taking a measured approach, but then it evolved into chaos. Johnson… Source link
Read More »Brittney Griner’s wife said American embassy ruined phone call
Brittney Griner tried to call her wife Cherelle Griner 11 times on Saturday through the American embassy in Russia, but the embassy wasn’t properly staffed, Cherelle Griner told The Associated Press on Monday. Cherelle and Brittney haven’t spoken in more than four months since Brittney was arrested in Russia. The two were set to talk over the phone Saturday to celebrate their wedding anniversary. Yet Brittney never called, at least that’s what Cherelle initially thought. On Monday,… Source link
Read More »Wall Street Sounds a Louder Recession Call After Fed Rate Hike
(Bloomberg) — Analysts increasingly see a recession looming in the US following the Federal Reserve’s biggest increase in interest rates since 1994 and signs of weaker consumer spending. Most Read from Bloomberg The Fed hiked its policy rate by 75 basis points Wednesday to a range of 1.5% to 1.75%, as officials intensified their battle against inflation that’s remained stubbornly high. Wells Fargo & Co. now forecasts a “mild recession” starting in mid-2023, as inflation becomes more… Source link
Read More »This investing veteran says hot inflation and a tight Fed call for a shift in strategy. He likes 3 specific areas for protection
‘The tide has changed’: This investing veteran says hot inflation and a tight Fed call for a shift in strategy. He likes 3 specific areas for protection 2022 continues to give growth stocks — particularly those in the tech sector — a blunt reality check. The tech-centric Nasdaq index is down 24% year to date, more than double the 10% decline of the Dow over the same period. Story continues MoneyWise recently interviewed investing veteran Claudio Chisani — investment advisor and portfolio… Source link
Read More »Crypto collapse ‘wake-up call’ and ‘opportunity to reset,’ top bank regulator says
Acting Comptroller of the Currency Michael Hsu said this week that hype is a serious risk for cryptocurrencies and likened certain crypto transactions to Ponzi schemes, warning that the crypto space is very dangerous for investors of modest means. The comments come after the collapse of stablecoin TerraUSD (UST-USD) on May 9 reverberated through the cryptocurrency market. “The recent collapse of the TerraUSD stablecoin and associated sell-off in crypto markets has shown that hype-driven… Source link
Read More »Al Michaels to call select playoff games at NBC after Amazon jump
Al Michaels may be done in the “Sunday Night Football” booth, but he’s not leaving NBC just yet. Michaels has been given “emeritus status” and will “continue to broadcast and contribute across NBC Sports’ high-profile properties,” the network announced on Tuesday. Among other things, Michaels is expected to work NFL playoff games on NBC and help with Olympics coverage again in 2024. Michaels is set to take over calling “Thursday Night Football” broadcasts for Amazon Prime… Source link
Read More »A Bitcoin margin call. If the world’s leading cryptocurrency drops below $21,000, Michael Saylor’s MicroStrategy will be forced to pay up
Michael Saylor is perhaps one of the most fervent supporters of Bitcoin on the planet—and that’s saying something, given the almost cultlike community behind the world’s leading cryptocurrency. Saylor, an MIT graduate and the cofounder and CEO of the business intelligence firm MicroStrategy, has become a hero to the Bitcoin faithful ever since his company began stockpiling the cryptocurrency in August 2020. The CEO has gone so far as to call Bitcoin “freedom,” and “the most… Source link
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