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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8 Sep
2020

Ryan Yarbrough becomes 11th Rays pitcher to be sidelined

first_img COMMENT LIVE TV Written By WATCH US LIVE Associated Press Television News Last Updated: 30th August, 2020 08:17 IST Ryan Yarbrough Becomes 11th Rays Pitcher To Be Sidelined Left-hander Ryan Yarbrough became the 11th Tampa Bay Rays pitcher since the start of summer camp to be sidelined with an injury when he went on the 10-day injured list Saturday because of left groin tightnesscenter_img Left-hander Ryan Yarbrough became the 11th Tampa Bay Rays pitcher since the start of summer camp to be sidelined with an injury when he went on the 10-day injured list Saturday because of left groin tightness.Starting catcher Mike Zunino also went on the injured list with a strained left oblique strain. That move was retroactive to Wednesday.There were further setbacks for two Rays pitchers already sidelined. Left-hander Jalen Beeks was scheduled for Tommy John surgery Wednesday, and right-hander Chaz Roe was transferred to the 45-day injured list with a sore right elbow.The Rays recalled infielder-outfielder Brian O’Grady and selected catcher Kevan Smith from the alternate training site.Three-fifths of the Ray’s rotation is now on the IL, and the bullpen has also been hard hit. Despite the wave of health issues, the Rays are in first place in the AL East.“It’s super weird,” starter Blake Snell said. “It stinks to see your teammates get hurt, especially because we count on our pitching so much. It definitely makes it harder, but it just lets you know the depth we have.”Yarbrough pitched 6 2/3 shutout innings in Friday’s win at Miami before leaving the game because of the groin issue, which has bothered him in seasons past and also in recent starts.Image credits: AP First Published: 30th August, 2020 08:17 IST SUBSCRIBE TO US FOLLOW USlast_img read more

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26 Aug
2020

Doc Rivers can sympathize with Mike D’Antoni’s position

first_imgThe hits were coming from all angles, and with his team unable to mount a disproving retort, all Rivers could do was sit there and take it.“Obviously it’s not fun to go through,” Rivers recalled before his Clippers played the Lakers Thursday night at Staples Center.Sound familiar?Across the corridor, D’Antoni stood outside the Lakers locker room and fielded questions about a wounded, talent-deficient team currently barreling toward one of the worst finishes in franchise history.For fans and pundits thirsty for a perpetrator, D’Antoni is the embodiment of the Lakers struggles.Maybe he’s the long-term answer for the Lakers, maybe not.But to judge him based on the flawed roster he works with these days is about as fair and foolish as Simmons demanding Rivers’ head because he couldn’t turn Allan Ray into Ray Allen.These guys are coaches, not magicians.The Lakers’ problem is a lack of talent, not a lack of coaching.And in just a few more months, the talent issue can finally be addressed.The Lakers will have a max contract to lure a top free agent and a high draft pick to add a potential impact rookie.Or maybe they trade the draft pick to the Cleveland Cavaliers for reportedly unhappy point guard Kyrie Irving, then resist the free agent market this summer in favor of chasing Kevin Love in 2015.The point is, the luxury of payroll flexibility and a lottery pick await the Lakers.Not that it helps D’Antoni at the moment. He’s just trying to win a game.Rivers understands.“I respect anyone who goes through that because I’ve been through it.” Rivers said. “And it’s very, very difficult.”With the benefit of retrospect, we know Boston resisted outside pressure and stuck with Rivers. And history shows the following year the rebuilt Celtics rose all the way to the NBA Finals, where they beat the Lakers to win their 17th title in franchise history.In one calendar year the perception of Rivers was forever altered. He is now known as one of the great coaches in the NBA, and the Clippers ascent in the Western Conference is proof of his impact. But it wasn’t a change in philosophy that altered Rivers’ history.It was patience.And the plays he called the following year for Kevin Garnett were essentially the same he called for Brian Scalabrine.He didn’t change.The players did.“I believed in what we were doing. As far as our schemes, defensively and offensively,” Rivers said. “I knew we needed more players. But I liked what we were doing.”That conviction pulled Rivers through many a sleepless night.“You just have to believe in that,” Rivers said. “That’s the time not to question yourself.”Ironically, the draft lottery Ainge and Celtics fans pinned their hopes wasn’t a benefit.Another lesson their Lakers counterparts might want to heed.The Celtics finished with the fifth pick that summer, not the first or second. That left them out of the running for either Oden or Durant.“That was a bad moment, for sure,” Rivers said.Initially, anyway.Ultimately it moved them off Plan A and onto Plan B.Rather than build around a rookie they reached into the trade market to add proven veterans.They traded the fifth pick to the Seattle Supersonics for Allen, then traded six players to the Minnesota Timberwolves for Kevin Garnett.With a pair of future Hall of Famers now teamed with Paul Pierce, the Celtics rolled to the NBA Championship.And the perception of Rivers was forever changed.“Obviously it all fell together,” he said.Down the hall at Staples Center, D’Antoni was just trying to win a game.And maybe buy himself another season.He’s in an impossible position coaching terrible team beset by injury.You don’t have to explain that to Rivers, though.He’s been there. Upstairs in the front office, Celtics general manager Danny Ainge was feeling the heat too. But a top-heavy draft the following summer featuring college greats Greg Oden and Kevin Durant was his out card.With each loss improving the Celtics lottery chances, the Boston faithful consoled themselves with visions of Oden or Durant pulling them out of the darkness.And that bought Ainge time.It was different for Rivers, an outsider who elicited little confidence.In fact, well-known Celtics fan turned national columnist Bill Simmons penned one of the all-time spiteful articles in sports history when he sarcastically chastised Rivers and called for his firing. Prior to being anointed the respect befitting an NBA championship, Doc Rivers was — in a manner of speaking — Mike D’Antoni.It was the 2006-07 season and Rivers was the face of the perennially storied but presently horrible Boston Celtics.With the losses piling up and a proud fan base restless for a culprit, Rivers was an easy target.He had bombed previously with the Orlando Magic, and with the Celtics regressing rather than progressing there was sincere concern in Boston he was the right man for the job.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

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17 Aug
2020

Three big questions still facing the Lakers after free agency overhaul

first_imgThere’s also the uncomfortable truth that when Cousins was injured in 2018, the Pelicans ran off a 21-13 finish to the season that allowed them to qualify for the playoffs that season. Before Cousins was hurt, the Pelicans were 27-21. Davis played arguably at his best when he played center (finishing third in MVP voting that season), which might well be his best position with the Lakers. There’s also the question of how far Cousins’ recovery will take him, given that Achilles tendon injuries are notorious for sapping a player’s athleticism. The Lakers might never get All-Star Cousins back – a fairly small risk considering his salary, but not much help come postseason.2. How do the Lakers match up defensively with elite guard tandems?There’s a squishy sense of the starting lineup at the moment, particularly in the wake of a Yahoo Sports report that James will be starting at point guard. While James has almost always been the primary ball-handler on his teams given his unique passing ability, the report doesn’t exactly clear up how the Lakers will handle that decision on defense, where there are immediate concerns.James has notably seen a decline in defense as any number of social media videos of him watching someone drive by can attest. He’s likely to expend so much on offense that the Lakers are better off “hiding” him on a low-scoring wing or forward who is less of a threat. The front office signed Danny Green, Avery Bradley and Kentavious Caldwell-Pope partly with the intention of using those players as backcourt stoppers, but if Green and James start, how do the Lakers defend teams with two high-scoring guards? In the West, there are a lot of them: the Warriors (D’Angelo Russell and Steph Curry); the Rockets (James Harden and Chris Paul); the Trail Blazers (Damian Lillard and C.J. McCollum) and the Jazz (Mike Conley and Donovan Mitchell) chief among them. All four of those tandems averaged at least 45 points per game last season, and several of them require defensive attention well beyond the 3-point line.That’s going to require some tough choices: Are the Lakers going to commit to being big, playing Cousins, Davis and Kyle Kuzma at the other three starting spots, leaving James or Kuzma to have to defend a really good scoring guard? Will Kuzma come off the bench, leaving Cousins and Davis to man the front and one of Bradley or Caldwell-Pope to start and take on point guard defensive duties? Will the Lakers play smaller with Davis at center, allowing Kuzma and an additional guard to start?The Lakers have a few months to figure out the answers to these questions, but the roles on the team, including starters and rotations, could be very much determined by match-ups in an increasingly guard-oriented league. The front-heavy composition of the roster could lead the Lakers to be exposed on defense around the perimeter. At the very least, the Lakers could face the additional complication of cross-matching while running back on defense with James on the floor, adding a degree of difficulty to Vogel’s objectives on defense.A relevant tangent to this one: If the Lakers are determined to start James as a point guard, there are at least three other players who can play point who will be vying for perhaps just one rotation role between Rajon Rondo, Quinn Cook and Alex Caruso. How does that work out?3. Is there enough depth on the wing?There’s a very noticeable gap between two kinds of players on the Lakers roster: the bigs and the guards, and even the players on the roster who qualify as wings lean into one of the other categories. James is a small forward, but likely to play more point guard. Danny Green could split time between small forward and shooting guard. Kyle Kuzma played power forward for much of last season. Jared Dudley is on the tail end of his career and can’t be a guarantee for big minutes.Related Articles Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed That’s an issue when considering that particularly the neighboring Clippers have two of the best wings in the league, Paul George and Kawhi Leonard. One of the reasons the Lakers are lacking true wings was that they were hoping for Leonard themselves while many solid role players came off the board (Bojan Bogdanovic, Trevor Ariza and Thaddeus Young were among the players who cashed in early at a widely desired position).There are some remaining options who might be available to the Lakers in the future. Notably, fans have cried out for Andre Iguodala, who was traded to Memphis by the Warriors and is a former Rob Pelinka client. The 6-foot-6 do-it-all wing fills a very obvious roster gap for the Lakers, who could use the defensive sensibilities of a player many regard as one of the most intelligent of the league. But the Lakers also lack the assets for a trade with the Grizzlies to get Iguodala, and it’s unlikely that Memphis buys out Iguodala’s contract, preferring a trade (possibly to the Clippers?) to receive assets in exchange for the 35-year-old three-time champion.Carmelo Anthony, on the other hand, has been on the market for most of the last year and is a close friend of James. But there’s also a reason he’s been out of the NBA for so long: He struggled, particularly in the playoffs, in his last full season in Oklahoma City, and his Houston Rockets tenure was so unsuccessful, it ended after just 10 games. Another former James running mate, Kyle Korver, was waived in Phoenix and plays this position, but he’s also 38 years old and defensively limited. It’s late in the free agency game at this point, and the Lakers have a very new look.How far will it get them?Headlined by LeBron James and Anthony Davis, there’s a higher confidence that the new roster will break through the franchise’s six-year playoff drought. According to an ESPN report, NBA executives polled generally believe that the Lakers will be a winning team next season, with potential to win more than 50 games.A quick once-over of the roster helps explain it: The Lakers will be propelled by two superstars who are widely considered well-matched pick-and-roll partners. James has never played with as adept a finisher as Davis, and Davis has never had a playmaker as versatile as James. Beyond them, the Lakers have added shooters such as Danny Green, Avery Bradley, Quinn Cook and Troy Daniels who can provide sorely needed spacing to a team that lacked it last season. What was a young team last season has now mostly turned into an experienced one, with several players who have at least made deep playoff runs before. Between the signing of DeMarcus Cousins and the retention of Kyle Kuzma, the Lakers shouldn’t have a problem scoring inside the paint. How athletes protesting the national anthem has evolved over 17 years Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers center_img Lakers, Clippers schedules set for first round of NBA playoffs Lakers practice early hoping to answer all questions AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersAnd yet as with any freshly assembled roster of many new pieces, questions remain. New head coach Frank Vogel will have a lot of weapons to work with, but the roster balance and roles might take a great deal of thought to fine-tune into a championship contender.1. How much can Davis play with DeMarcus Cousins?It didn’t cost much for the Lakers to take a gamble on a former four-time All-Star who used to be Davis’ teammate. It also seems that Davis went out of his way to welcome Cousins into Los Angeles and ask him to come win a title with him – it’s very possible that the Lakers might not have Cousins if Davis didn’t waive his $4 million trade kicker.On paper, there’s good reason to reunite this duo if they can reach the heights they had during the 2017-18 season as a pair of bigs starting together against the grain of the NBA. In New Orleans, they had a plus-5.3 rating when they shared the court and were both voted All-Star starters. They both averaged more than 25 points and 11 rebounds per game and were regarded as perhaps the toughest frontcourt in the league.But there’s a reason this trend has been fading: Pairing two big men in NBA starting lineups is increasingly fraught. After losing to the Rockets for a second straight postseason, the Jazz punted on a Rudy Gobert and Derrick Favors pairing in favor of going smaller. The Miami Heat traded Hassan Whiteside, who had proved to be an ill fit with their system alongside Kelly Olynyk. While the Indiana Pacers seem set on pairing Myles Turner and Domantas Sabonis next season, in the playoffs this year, the duo had a minus-27.6 rating while sharing the court against Boston. Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

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