Sustaining the ‘Trump Bump’

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The S&P 500 and NASDAQ hit record highs the week of May 8, and the Dow closed over 21,000. The “Trump Bump” (as the run up in capital markets is called) remains in full force. In all, I believe the business environment will be more favorable under the Trump administration.Some factors make maintaining a favorable environment for business less likely, however. For example, the current run up is premature given we are still lacking specifics on many aspects of the new administration’s fiscal policy. In addition, predicting when the new administration’s fiscal measures (and in what final form) will be passed and become effective is problematic.Another concern for businesses in the current economic climate is the Federal Reserve’s rate-raising intentions. The decisions and narrative of the Federal Open Market Committee demonstrate a heavy bias toward employment measures at the expense of GDP, inflation, the nuances of employment (like participation rate), and even a full appreciation of the unique circumstances of rates near zero for seven years. Notably, the FOMC’s rate forecast has been widely off for five years in a row. In all, this doesn’t lend confidence that the Fed will make the right decision about interest rates during its remaining meetings in 2017. continue reading »last_img read more

Cricket News Bangladesh Defeat India – Find Out Why This Is Trending So Heavily

first_imgNew Delhi: Bangladesh are all set for a series in India which will include two Tests and three Twenty20 Internationals. This will be Bangladesh’s second tour of India after their historic one-off Test in Hyderabad in 2017 which India won. However, ahead of the tour, there is a trend on Twitter which is shocking people and making them laugh. The trend Bangladesh Defeat India is one of the top trends in India. Many people were left wondering whether this was a ploy by Bangladesh outlets to celebrate their 1-1 draw against the Indian football team in the recently concluded FIFA World Cup 2022 Qualifiers. However, a video released revealed the true picture and it had a savage twist. In the video, former India opener Virender Sehwag is playing Chidiya Udd, a favourite game which we all used to play in childhood. In the game, a person says the name of a bird and the opponent has to lift the finger up indicating the bird flew. If the player says any other name apart from a bird and the opponent lifts his finger, then he is out of the game.Sehwag is playing a game with a animated cricket ball and it is sporting a Bangladesh cap. For company, Sehwag has an animated bat. Both Sehwag and the ball are squaring off. The ball starts the sledging by saying, “Bangladesh gilli udayega tera (Bangladesh will knock you over)”. The bat responds, “Achcha (Really”? The ball then tells Sehwag to get ready. He then rolls out the names of the bird and Sehwag does it correctly. When the ball says Kohli, Sehwag lifts his finger and the ball jumps in delight saying, “Ay, Kohli ko uda diya (You have gotten Kohli out)”.The ball then indulges in a massive celebration that lasts 10 seconds or more and this prompts Sehwag to say, “Yahan par itna udd raha hain, agar T20I mein pehli baar jeet liya toh pata nahin kya karega yaar yeh (He is celebaring so much. If they win for the first time in a T20I, I do not know what he will do,” Sehwag said in a flummoxed manner. This was part of the build-up for the three-match Twenty20 series and it was playing on Bangladesh’s woeful T20I record against India. Bangladesh have faced plenty of hurt in T20Is against India in the recent past. In eight T20I encounters between the two sides, India have won all their games. In the 2016 World T20 between the two sides in Bangalore, Bangladesh needed two runs off three balls with three wickets remaining but they conspired to lose by one run. In the 2018 Nidahas Trophy final, Bangladesh had to defend 34 off 12 balls. Dinesh Karthik blasted 22 runs in the 19th over bowled by Rubel Hossain but India needed five runs off the last ball. Karthik dispatched Soumya Sarkar for a flat six over deep extra cover and India had sealed a remarkable win and they won the Nidahas Trophy to break Bangladesh hearts. Also Read | Cricket World Cup Every 3 Years? This Is What Saurav Ganguly Has To Say On ICC PlanBangladesh will play the first game on November 3 in Delhi followed by two games on November 7 and 10 in Rajkot and Nagpur. This will be followed by two Tests on November 14 and November 22 in Indore and Kolkata. For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.last_img read more

Trotter brothers stay close

first_imgView Gallery (2 Photos)It’s been four years since Michael and Marcus Trotter’s brother committed suicide. Aleksas Trotter was a state-champion high school gymnast, training for college and a shot at the Olympics before a shoulder injury put an end to his career. At the age of 21, on April 19, 2008, after a long bout with depression, Aleksas took his own life.The twins – Michael and Marcus – were still in high school at the time and were given the news as their father picked them up for their routine, 40-plus minute car ride from Marquette High School in Milwaukee to their home in Racine, Wis.“When it happened, it was such a nightmare,” Marcus said. “I still remember the day like it was yesterday when I sat down in the car. My dad told me when he picked me up from high school. I just remember sitting there on the car ride home. … It was a tragedy, but I definitely see it as motivation.”Marcus, a linebacker, and Michael, a safety, can often be seen at practice sporting shirts with “Fly High” hand-written on the front – just one of the few ways the duo continues to honor and remember their brother.In fact, simply playing football and pushing each other to work hard is another tribute in itself.“I think not only football, but everything in life,” Marcus said. “Ever since he died, I always felt like I could attribute something to him, just not only in football but also how I interact with people, how I treat my parents and how I treat my siblings. … Everything I do in life, I just want to work as hard as I can and be the best person I can be just for my brother because that’s who he was and that’s what he would want me to do.”In a family gifted with athleticism, the twins’ older sister Alana also pursued a collegiate basketball career, first with Ohio State and then transferring to Wisconsin after one year. Alana suffered a season-ending injury and missed the 2008-09 season before retiring from the game in 2010 to focus on her studies.For Michael and Marcus, they’re just trying to stay healthy and make an impact on the sport they love and make their family proud.“[Aleksas] was a gymnast; he was training for the Olympics before he stopped doing his thing,” Michael said. “Also for our sister, too. She had a bad knee injury playing here, which stopped here. It’s like the ‘Trotter Curse’ with the injuries stopping us. Marcus and I are trying to do it for our sister, trying to break the curse. Now we’ve each had our hamstring injuries, but we have three more years to make them proud, make our family proud.”When it came to playing football at Wisconsin, only Michael was guaranteed a scholarship, and Marcus still maintains his walk-on status.During their recruiting process, Michael admits he fully expected his brother to be the one to get a scholarship, not himself, simply because Marcus was more outgoing and talked about it. But when the offers rolled in, the Badgers offered Michael a spot, not Marcus.Marcus chose to forego his scholarship offer from Wofford to walk on at Wisconsin to play for the team he grew up with and continue to play alongside his brother.“It’s just so normal for me because we’ve always been on the same team,” Marcus said. “There was one instance when we weren’t and that was in like the eighth grade city all-star game or something like that when we were on separate teams. That was the only time. We’ve always been together. It’d be different if you asked me what it would be like not being with him because I’m always with him.”The Trotters – both redshirt sophomores – have yet to make a strong name for themselves on the Badger squad.Marcus, a 6-foot, 222-pound linebacker, sits on the depth chart behind redshirt junior and defensive anchor Chris Borland. Trotter only played in five games last season – mostly on special teams and notched a total of four tackles over those five games – but Marcus was also sidelined for part of the season due to a hamstring injury.Michael, a 6-foot, 210-pound safety, saw more action than his brother, playing in 12 of the Badgers’ 14 games, missing only the Northern Illinois game and the Big Ten Championship Game. He recorded just one tackle on the season, which came against South Dakota.Defensive coordinator Chris Ash said the two need to show they can be consistent, trustworthy players, but they have an unparalleled enthusiasm for the game.“They’re both very passionate about football,” Ash said. “They’re students of the game. They’re constantly watching film, trying to improve their game. They play hard, they’ve got great motors and they keep getting better every single day.”It’s a passion they hope will one day translate into their own success, a success they can’t wait to share together.“We’re just waiting for our shot,” Michael said. “When it happens, I’ll be happy to be right next to you.”last_img read more

Bolt confident of World Champs glory

first_imgDespite clocking pedestrian times in his two races this season defending 100-meters world champion Usain Bolt has expressed confidence in his ability to win a fourth blue-ribbon title in London next month.The Jamaican was speaking at a press conference in Monaco on Wednesday prior to his 100 meters race at the Monaco Diamond League meeting on Friday. This will be his final warm-up race before the IAAF World Championships in London starting August 4.“I am always expecting to win. If it’s one thing you know about me I am always confident,” said the world-record holder. He is yet to break 10 seconds this season after runs in Kingston on June 10 and Ostrava on June 28.Notwithstanding the slow times, the sprint King believes he will be ready to take on the world as he has successfully done in the past decade.No Stress“The moment you start having doubts it doesn’t make sense you show up at the line. For me, it’s all about winning. I am not worried about world records. I have it already so no stress.”Bolt, who has won 11 World Championships gold medals during his illustrious career spanning 15 years, said his goal in London this summer is a simple one.“My main aim is to just to win. I want to retire on a winning note. That has always been the goal throughout my career, just to continue dominating and to continue winning,” he said.To face off with Omar McLeodBolt will line up in Monaco against compatriot, Olympic 110-metre hurdles champion Omar McLeod. The hurdler is the only one in history to go below 10 seconds in the 100m and 13 seconds in the sprint hurdles. Bolt will also take on the likes of South Africa’s Akani Simbini who boasts a season’s best 9.92, Great Britain’s Chijinduh Ujah, and the USA’s Isiah Young and Christopher Belcher, all of whom have broken the 10-second barrier this season. Sprint King not worried about pedestrian timeslast_img read more