By summer end, Mr. Market could be back to taking souls. But a few more weeks, one top Wall Street strategist argues, conditions are in place for July’s rally to be extended, “We had expected ‘face-ripping’ rallies followed by ‘soul-crushing’ sell-offs,” Wells Fargo Head of Equity Strategy Chris Harvey wrote in a recent note to clients. “Those sell-offs may be delayed until late summer. With the 10-year U.S. Treasury now an unexpected 2.81% (we hear of massive short covering), and 1- year… Source link
Read More »Paolo Banchero’s Summer League with Magic is over
Paolo Banchero‘s Summer League is done. Orlando Magic head coach Jamahl Mosley told reporters on Monday that he’s seen enough of the No. 1 pick and wants to put his minutes to use elsewhere. “I want to give these other guys an opportunity to play, to kind of be able to show what they’re capable of doing,” Mosley said, per the Associated Press. “That’s the point of Summer League, you know — give them a chance … an opportunity for these other guys to see what they’re capable of… Source link
Read More »NBA Twitter reacts to James Wiseman’s Summer League debut
After missing the final run of his rookie campaign and his full sophomore season, James Wiseman made his long-awaited return to the court in the NBA Summer League on Sunday against the San Antonio Spurs. Wiseman didn’t waste time in his Summer League debut. For the Golden State Warriors’ first points of the game, The 2020 No. 2 overall pick hammered down a lob dunk from Jonathan Kuminga. The alley-oop dunk in the opening seconds was just the start of an impressive debut in the Summer… Source link
Read More »Top-five picks Paolo Banchero and Keegan Murray shine in double-OT Summer League thriller as Magic squeak by
LAS VEGAS — The third day of of the Las Vegas Summer League started out with a bang as two top-five draft picks squared off. It was the Paolo Banchero (No. 1 pick) and Keegan Murray (No. 4 pick) show, and it lived up to every expectation and then some. The game needed sudden-death double overtime and Banchero’s Orlando Magic secured the win, 94-92, over the Sacramento Kings in the main gym at the Thomas & Mack Center. The Magic had a comfortable 18-point lead with 5:26 left in the game…. Source link
Read More »‘Gangnam Style’ singer Psy criticized for requiring 300 tons of water for each of his upcoming summer concerts amid South Korea’s drought
At Psy’s summer shows, audiences sing and dance while getting sprayed with water.Getty Images Psy’s famously water-drenched concerts are set to return, with each show needing 300 tons of water. The pop star has been criticized for his shows’ water requirements amid South Korea’s drought. According to reports, South Korea is facing a shortage of water for agricultural and industrial use. K-pop superstar Psy has been criticized for requiring 300 tons of water at each of his upcoming summer… Source link
Read More »Owner of Massachusetts ice cream parlor says customers waited in a 45-minute line because he didn’t have enough staff — and that’s a month ahead of the busy summer season
The owner of an ice cream shop in Mashpee told The Wall Street Journal that he’s struggling to hire employees.Jens Kalaene/picture alliance via Getty Images Customers in a 45-minute line for a Massachusetts ice cream parlor, the owner told the WSJ. He told WSJ he expected the shop to be busy, but didn’t think there’d be no job applicants. The owner added that it was a “scary” position to be in ahead of peak summer season in June. The owner of an ice cream shop in Massachusetts said that… Source link
Read More »Google shares summer travel trends
MEMPHIS, Tenn. (WMC) – Summer is right around the corner and experts are predicting a surge in travel. Google Trends Expert Justin Burr joined Action News 5′s Amanda Hanson at the digital desk to talk about the top travel destinations and new tools for tracking vacation prices. Watch the full interview in the video player above. Copyright 2022 WMC. All rights reserved. Click here to sign up for our newsletter! Click here to report a spelling or grammar error. Please include the headline. Source link
Read More »Will an airline ticket cost you more this spring break and summer?
Here comes even more expensive ticket prices for spring breakers and summer travelers. “Ticket prices are strong now. Probably not really related to oil — demand is so strong, we have full planes. I think our fares are as good as they have been for us. We are talking about prices 4% or 5% higher than they were in 2019,” said Alaska Airlines CFO Shane Tackett on Yahoo Finance Live. Domestic airlines are seen increasing fares by 7% on average each month until June, according to the latest Source link
Read More »Move men’s hockey to Summer Games
The Olympics have a men’s hockey problem. It isn’t very good. That is said with all due respect to the former NHLers, career Euro leaguers and college kids who play as hard and as well as they possibly can to represent their countries. This isn’t even their fault. Part of the low quality of play stems from the fact these guys were thrown together on makeshift teams, given about three practices and told to hit the global stage. The IOC, true to its well-established arrogance, has always taken the… Source link
Read More »Supply chain issues will ease ‘later this summer:’ Cetera CIO
The Federal Reserve met last Wednesday, Jan. 26, holding interest rates near zero but reiterating its intentions to raise them later this year in an effort to quell record inflation. One factor contributing to the surging inflation levels continues to be global supply chain issues — a problem that the Fed does not have a significant amount of influence over and one that may extend well into 2022. According to Cetera Investment Management CIO Gene Goldman, however, the easing of supply-chain… Source link
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