20 Nov
2020

Jeremy Grantham reiterates bubble call, calls Covid rally truly crazy

first_img“You want to see lots of crazy behavior, which we really have seen a lot of” since June 17, Grantham added, which was when he first told CNBC that he was witnessing the fourth major bubble of his career. “And you want to see not just the market rise, but if anything, an acceleration. And the rate of market rise, since the turn in March/April, has been nothing sort of sensational.” – Advertisement – Jeremy Grantham, co-founder and chief investment strategist of Grantham Mayo van Otterloo, speaks at the ReSource 2012 conference in Oxford, England.Getty Images – Advertisement – (This story is for CNBC Pro subscribers only.)Investor Jeremy Grantham doubled down on his belief that the U.S. stock market is in a bubble, telling CNBC that many aspects of its recovery from pandemic lows have been “truly crazy.”“The more spectacular the rise and the longer it goes, the more certainty one can have that you’re in the ‘Real McCoy’ bubble,” Grantham said in an interview that aired Thursday on “Closing Bell.”- Advertisement –last_img read more

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16 Sep
2020

Ellen DeGeneres hails Dutee Chand after champion sprinter reveals that she is in a same-sex relationship, says “I’m so proud of her”

first_imgDutee, who was banned for one year by the international athletics federation in 2014 for having higher testosterone (male sex hormone) level than permissible, hails from Chaka Gopalpur village at Jajpur district of Odisha and she was born to Chakradhar Chand and Akhuji Chand.  Dutee Chand, who won two silver medals at the 2018 Asian Games, became one of the few athletes in the world to openly admit same-sex relationship. “I am having a relationship with a 19-year-old woman from my village for the past five years. She is studying B.A. 2nd year in a Bhubaneswar college. She is a relative of mine and whenever I come to home, I spend time with her. She is a kind of soul-mate for me and I want to settle down with her in future,” Chand, 23, told PTI from Hyderabad where she is training.And now praising her efforts, an American comedian, television host, actress, writer, and producer, Ellen DeGeneres (who came out as a lesbian in 1997), took to her Twitter handle and wrote: “She’s the 100m record holder and the first openly gay sportsperson in India. I guess she knows a thing or two about being first. I’m so proud of her.” [sic] 1 year ago Vivek Oberoi finally apologises for crass Aishwarya Rai Bachchan meme, issues statement and deletes tweet after brazening it out earlier Dutee won a landmark ‘gender’ case against the IAAF in an appeal to the Court of Arbitration in 2015 and she was allowed to compete after being banned for one year. The CAS suspended the IAAF’s policy on hyperandrogenism for two years. Later the world body changed the policy, which applicable only on female athletes competing in the range of 400m to 1500m, leaving out Dutee, who competes in 100m and 200m, from its ambit. (With inputs from PTI) COMMENT WE RECOMMEND “My eldest sister kind of wields power and authority in my family. She has thrown out my elder brother from home because she does not like his wife. She has threatened me that same will happen to me. But I am also an adult who has individual freedom. So, I decided to go ahead with this and make it public. Last Updated: 21st May, 2019 13:42 IST Ellen DeGeneres Hails Dutee Chand After Champion Sprinter Reveals That She Is In A Same-sex Relationship, Says “I’m So Proud Of Her” Ellen DeGeneres is ‘proud’ of sprinter Dutee Chand after she revealed that she is in a same-sex relationship. Here’s what she said She said another reason for coming out in the open was that she did not want something which happened with sprinter Pinki Pramanik, who was accused of rape by her live-in partner.Pinki was a member of the 2006 Asian Games 4x400m relay gold winning team. “We did not want this kind of situation happening in future,” Dutee said. “I will continue my athletics career. I am going to take part in the World University Games next month and hope to qualify for the World Championships later this year. My aim to qualify for next year’s Olympics, so I am training hard,” she said. First Published: 21st May, 2019 11:07 IST While Dutee refused to name her partner, she said the Supreme Court judgement on the issue gave her the courage to go public.      SUBSCRIBE TO UScenter_img “My partner also agreed that we should make this public and face whatever repercussions it may bring to us. I believe in individual freedom and right to decide how and with whom I will live my life.” LIVE TV Written By FOLLOW US Chetna Kapoor WATCH US LIVE Video Player is loading.Play VideoPlayMuteCurrent Time 0:00Loaded: 0%Duration 0:00Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio TrackQuality LevelsFullscreenThis is a modal window. This video is restricted from playing on your current domain Error Code: PLAYER_ERR_DOMAIN_RESTRICTED Session ID: 2020-09-09:9792f9cb559ea2e734a192ec Player Element ID: video_player_5f585fb45a0c5 OK Close Modal DialogBeginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreen Unapologetic about her same-sex relationship with a younger relative, India’s fastest woman Dutee Chand is facing a tough battle of acceptance in her family.A landmark judgement of the Supreme Court last year had made same sex relationship between consenting adults a non criminal act though marriage between such individuals is still not legal in India.Dutee,  the 100m national record holder (11.24 seconds), says while her parents have not yet raised any objection to her relationship, her eldest sister has threatened to not only expel her from the family but also send her to jail.   “My eldest sister feels that my partner is interested in my property. She has told me that she will send me to jail for having this relationship,” she said.     Dutee said her partner is free to marry whoever she wants to if she decides to do so in future. 1 year ago Purple gown by Elie Saab or a dramatic gold outfit? Sonam Kapoor steals the limelight at Cannes 2019last_img read more

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28 Dec
2019

Where does it go?

first_imgRe: “DWP wants new rate hikes” (March 30 Councilman Tony Cardenas said the ratepayers need to know the details. I’m a ratepayer, and the alarming details I know are: The DWP gives $100-plus million to the city General Fund each year, and I don’t get notified what that money is used for. The city also collects a 10 percent utility tax on every DWP/city utility bill, and I don’t get notified what that money is used for. The sewer service charge is going to go up and has gone up a lot more than any water rate increase I’ve ever seen. I say that Water and Power revenue should be for Water and Power use only. I don’t want to see any gray areas. – Dennis T. Miller Tujunga DWP articles In Regards to DWP, past Daily News headlines Include: – Sept. 13, ’05: “Oops! DWP flub leaves 2 million powerless” – Sept. 21, ’05: “Big raises for DWP” – March 20, ’06: “OT flows like water at DWP” – March 30, ’06: “DWP wants new rate hikes” As a proud DWP employee, I am tired of the Daily News constantly bashing us. Why can’t you print some of the wonderful things this utility does within our communities, such as several of the facilities have adopted local schools? And yes, I am on my 15-minute break while I write this. – Cheryl Linn Power North Hills Dodgers uniforms Re: “Dodgers’ fans to sit pretty in new seats” (March 30) Frank McCourt spending $20 million renovating Dodger Stadium is impressive. Perhaps that’s why he didn’t have enough money left for the players’ names on the back of their uniforms. Despite that annoyance, I’ll continue to root for the old home team as I have since 1941 when I lived in the Bronx, a Brooklyn Dodger faithful midst taunting friends, fans of the hated Yankees. – Robert Schick Northridge Another unjust war On Thursday, Secretary of State Condoleezza Rice said that Iran can have nuclear power plants but cannot enrich uranium. Nuclear power plants require enrichment of nuclear fuels. Rice is therefore suggesting that Iran accept dependence on foreign nations for their energy programs, but the U.S. has no authority to impose such a restriction. The Nuclear Non-Proliferation Treaty only forbids member nations from developing nuclear weapons. The treaty explicitly permits development of nuclear energy and does not restrict enrichment technology. The Bush administration has shown that they cannot be trusted with regard to what they claim to know. If they have any evidence that Iran’s nuclear program is for military purposes, let them prove this. Let’s not get into another unjust war. – David Holland Northridge Policing protest Re: “Biggest protest in city history hits tough immigration bill” (March 26 Not only was this the largest protest in the history of L.A., it was the largest in the nation. There were no serious incidents, no arrests or injuries. Chief Bratton and LAPD officers should be commended for their outstanding efforts in keeping the peace. – Monica Harmon Los Angeles Permanent underclass Re: “Latinos: It’s way overdue” (March 29 I am a legal immigrant from Mexico, yet when it comes to the current issues regarding illegal immigration, I can still remain objective. Apparently that is something Antonio Villaraigosa, thousands of protesters, and now Rodolfo F. Acuna cannot do. If they could, they would admit that amnesty without aggressive border enforcement will only create a permanent underclass in this country. If employers have the option of hiring from an immense pool of labor that is willing to work for even less than the “guest workers,” is there any doubt as to who will end up in their factories and fields? Add one more to the list of those in denial: the unions that grouse about the low wages earned by migrant workers on the one hand and advocate an open-border policy on the other. – Michael Cornejo Sunland Quality-of-life issue Re: “Latinos: It’s way overdue” (March 29 Considering Rodolfo F. Acuna’s ranting and name calling, I don’t expect better logic than what he presented. Ironically, 10 years ago, I hoped we could have an open-border system like the European community. But to have something like the EC, the Mexican and Central American governments would have to be stable and democratic, which I do not see in the near future. What the good professor ignores is that we are having uncontrolled growth that is overwhelming our system. Public facilities have posted numbers of maximum occupancy and occupants above that number are being deemed unsafe. That is what we are dealing with now. In this day and age, no one cares that someone is Latino or Chinese or whatever. We are concerned about quality of life. – Elizabeth Cronin Los Angeles Immigrant cartoon Great Patrick O’Connor cartoon on March 28. It truly conveys reality. If we allow immigrants to take care of our kids, pick the vegetables we eat, do our yards, and let’s not forget, allow them into our house to clean, why can’t we share basic civil rights? I think that Congress is just looking out for their interest. Republicans want our cheap labor and some Democrats take our voters for granted. – Baltazar Martinez Sylmar Mideast cartoon The David Horsey cartoon in your March 27 edition implying that there is essentially no difference between terrorists bent on murdering innocent civilians and Israeli soldiers defending their homeland was shocking. The concept of moral equivalence is the most egregious aspect of contemporary popular culture. Palestinians have allowed themselves to be led by people committed to genocide and have created a culture that lauds genocide. Israelis may be mindful of acts of genocide against Jews in the course of history. However, responding to perilous situations by committing genocide against others is unthinkable to Israelis. There is no equivalent. – Rabbi Louis J. Feldman Van Nuys Will not fly Ed Garfalo asks a good question in his letter of March 29: “What did it prove.” Well, Ed, the hundreds of thousands who marched last weekend proved that while peaceful this time, any effort to deport 12 million undocumented people, breaking up families, will not fly. The thousands of schoolchildren (a majority of whom are legal citizens) who left school to march will never settle for their parents being deported. So the short answer, Ed, is that the government that allowed this situation to develop had better come up with a good solution or, as Ronald Reagan said, “You ain’t seen nothin’ yet.” – Philip Wilt Van Nuys Jobs they won’t do President Bush keeps repeating his slogan about “jobs Americans won’t do.” He must be talking about the president and Congress, who refuse to do their jobs of protecting the Constitution, U.S. sovereignty and the rule of law. Maybe we could hire guest workers to replace them. – Charles K. Sergis Calabasas This was a test Re: “What’s missing?” (Your Opinions, March 20 Mark Dam laments that No Child Left Behind only leaves between 30 and 45 minutes each day to cover every subject besides language arts and math, and then asks if he missed anything. Yes, sir, you did. Testing, and more testing, and still more testing … – Ron Mossler Northridge ——— How to write to us We welcome letters on all issues of public concern. All are subject to editing and condensation, and they can be published only with the writer’s true name. Only the writer’s home community, rather than full address, will be published. Letters must include the writer’s complete home address and daytime telephone number for verification purposes. Please limit letters to 100 words. Letters and columns that are submitted and for which no compensation was paid may be republished in digital and other formats and retained in archives, without compensation to the author. Mail letters to: Public Forum, P.O. Box 4200, Woodland Hills, CA 91365-4200 Fax: (818) 713-3723 E-mail: dnforum@dailynews.com Our Opinions reflect the opinion of the newspaper as an institution. Your Opinions are the personal opinions of readers of the newspaper. Their Opinions express the personal opinion of the writers. dailynews.com For the weekend package of local, state and national columns, editorials and Public Forum, go to Opinions section of dailynews.com. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREOregon Ducks football players get stuck on Disney ride during Rose Bowl event160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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