Tag Archives: stays

A chief investment officer at Ray Dalio’s Bridgewater says stocks will crash another 25% if Fed stays on its current course

A chief investment officer at Ray Dalio’s Bridgewater says stocks will crash another 25% if Fed stays on its current course

If the Federal Reserve stays on its current course of major interest rate hikes, stocks may drop another 25%, according to a top executive at Ray Dalio’s Bridgewater Associates hedge fund. Bridgewater Associates co–chief investment officer Greg Jensen said inflation is not going away, which could force the Fed to continue hiking interest rates, likely more than Wall Street currently anticipates. Story continues “We’re in a radically different world,” Jensen said in an interview with… Source link

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Penny Hardaway stays at Memphis, hires Larry Brown: Report

Shortly after Anfernee Penny Hardaway announced that he was staying at Memphis on Tuesday, news broke of a prominent hire on his coaching staff.  The Athletic’s Jeff Goodman and Shams Charania reported that Hall of Fame coach Larry Brown will join Hardaway’s staff as an assistant coach.  Hardaway has coached his hometown Memphis Tigers for the last three seasons. The four-time NBA All-Star interviewed for the Orlando Magic head coach opening and reportedly emerged as a “serious candidate.”… Source link

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GameStop Moves to Russell 1000; AMC Stays in Small-Cap Index

(Bloomberg) — GameStop Corp. will join the FTSE Russell 1000 Index of large-capitalization stocks and AMC Entertainment Holdings Inc. will remain in the Russell 2000 after both companies saw billions of dollars added to their market values amid frenzied rallies this year. GameStop will be transferred into the Russell 1000 and out of the Russell 2000 as part of FTSE’s annual reconstitution, according to a list released by the global index provider on Friday. Due to the timing of a rally in… Source link

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Skip Bayless stays with Fox after ESPN’s attempt at Stephen A. Smith reunion

ESPN reportedly wanted to lure Skip Bayless back, but all that did was make the pundit an even richer man with Fox Sports. Bayless has signed a four-year, $32 million deal to remain at Fox despite a similar offer from ESPN. Per Andrew Marchand of the New York Post, ESPN offered Bayless somewhere in the range of $26.5 million to $31 million as part of a planned reunion with former “First Take” partner Stephen A. Smith. Bayless famously left ESPN back in 2016 when Fox Sports, as part of a new… Source link

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