Former Seattle Seahawks, Oakland Raiders and Buffalo Bills running back Marshawn Lynch was arrested Tuesday for allegedly driving under the influence in Las Vegas, police confirmed. Lynch, 36, was pulled over near the Las Vegas Strip around 7:25 a.m., according to TMZ, but reportedly did not submit to a breathalyzer test. Lynch retired from the NFL — again — following the 2019 season with the Seahawks. It was his third retirement since 2015: Lynch initially called it quits in 2016, only… Source link
Read More »‘The consumer has substantially built their savings’ to weather some inflation: Merrill Lynch exec
The reaction to retail earnings this week may be too bearish on the state of the consumer, says one investing expert. “Candidly, I think some of the read on the retailers is more pessimistic on the state of the consumer than what our data shows,” Andy Sieg, president of Merrill Wealth Management, told Yahoo Finance Live on Thursday. “When we look at checking and savings accounts across Bank of America, we see our client base, which is 67 million households across the U.S. in strong… Source link
Read More »Legendary stock picker Peter Lynch made a remarkably prescient market observation in 1994
A version of this post was originally published on TKer.co. Peter Lynch, the legendary stock picker who ran Fidelity’s market-beating Magellan Fund for 13 years, made a prescient observation in a speech he gave to the National Press Club back in October 7, 1994. It comes from the 38-minute mark of this video (via @DividendGrowth): Some event will come out of left field, and the market will go down, or the market will go up. Volatility will occur. Markets will continue to have these ups and… Source link
Read More »Niners GM John Lynch explains liking anti-Jimmy Garoppolo tweet
Some people did not react well to the San Francisco 49ers‘ frustrating loss to the Tennessee Titans on Thursday. For a second, that group seemed to include Niners general manager John Lynch, whose Twitter account appeared to have liked a tweet calling for the team to leave starting quarterback Jimmy Garoppolo, who made some critical mistakes during the game, in Nashville. The tweet has since been unliked, but Lynch really did appear to have hit that button at some point between Thursday night… Source link
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