Tag Archives: Misery

(Bloomberg) — Whatever else is on Americans’ minds — and that’s a long list right now — the state of the economy looms large in any US election. That spells big trouble for Democrats in November’s midterm vote. Most Read from Bloomberg A new study by Bloomberg Economics takes one gauge with a knack of predicting ballot outcomes — the misery index, calculated by adding up the inflation and unemployment rates — and projects it forward through election day. The result: Based on past… Source link

It wasn’t fun to watch the Los Angeles Lakers this season. Despite some talented players, the team never got its act together. The team was mercifully eliminated from the postseason following Tuesday’s loss to the Phoenix Suns. At least one member of the organization was glad to put the 2021-22 NBA season behind him. Lakers announcer Stu Lantz was caught on a hot mic asking the Suns to “put [the Lakers] out of our misery” prior to Tuesday’s game. The audio was likely never meant to go public…. Source link

(Bloomberg) — Cathie Wood’s miserable month continued on Tuesday, as her flagship exchange-traded fund extended declines and its assets dropped below $20 billion to the lowest since January. The Ark Innovation ETF (ticker ARKK) slid 1% as of 9:47 a.m. in New York. Caught in a broad tech selloff, the product has fallen for nine of the past 10 sessions, a retreat that accelerated on Monday in the biggest slide in about seven weeks. Tesla Inc., the fund’s biggest holding, was down 3.5% on… Source link