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Tag Archives: Temper
Stocks temper their inflation expectations on copper pounding
LONDON, June 24 (Reuters) – World stocks headed for their first weekly gain in a month and Wall Street was set to open higher on Friday on hopes that slides in copper and other commodities could put a brake on runaway inflation.
The week has been marked by steep declines for commodities on concern that the world economy is looking shaky and that interest rate hikes will hurt growth – which in turn is prompting traders to cut inflation expectations and pare back some bets on the size of the hikes.
“Inflation will remain elevated and above target but it’s increasingly likely it will start to peak over the next few months,” Andrew Hardy, investment manager at Momentum Global Investment Management, said.
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“Markets could take that reasonably well – there’s potential for recovery later in the year.”
U.S. S&P futures rose 0.9% and MSCI’s world equities index (.MIWD00000PUS) was up 0.5% on the day and 2.5% on the week, setting it up for the first weekly gain since May.
Copper, a bellwether for economic output with its wide range of industrial and construction uses, is heading for its steepest weekly drop since March 2020. It fell in London and Shanghai on Friday and is down more than 7% on the week.
Tin fell by almost 15% on Friday, taking losses this week to a record 25%, as investors fear that slowing economic growth will reduce demand for the metal used in solder for electronics.
Brent crude futures rose more than $1 to $111.28 a barrel on Friday but remain down 2% on the week and 10%
on the month, while benchmark grain prices sank, with Chicago wheat off more than 8% for the week.
Gold was up 0.2% at $1,826.30 per ounce but was heading for a second straight weekly fall.
The price drops have offered some relief to equities, since energy and food have been the drivers of inflation.
European stocks (.STOXX) jumped 1.5%, on course to post small weekly gains. Britain’s FTSE (.FTSE) rose 1.3%, also showing a small uptick on the week.
“For long-term investors, the story has not changed – falling markets offer more attractive valuations on high quality companies with a competitive edge,” Lewis Grant, senior portfolio manager for global equities at Federated Hermes, said.
The Federal Reserve’s commitment to reining in 40-year-high inflation is “unconditional,” U.S. central bank chief Jerome Powell told lawmakers on Thursday, while acknowledging that sharply higher interest rates may push up unemployment. read more
Germany is heading for a gas shortage if Russian gas supplies remain as low as they are now due to the Ukraine conflict, and certain industries would have to be shut down if there is not enough come winter, Economy Minister Robert Habeck told Der Spiegel magazine on Friday. read more
Ukraine said Russian forces had “fully occupied” a town south of the strategically important city of Lysychansk in the eastern Luhansk region as of Friday. read more
Bonds rallied hard on hopes that bets on aggressive rate hikes would have to be curtailed, with German two-year yields sliding 26 basis points on Thursday in their biggest drop since 2008.
The German 10-year yield was down 4 bps on Friday after slumping 29 bps on Thursday, and was heading for its first weekly drop since mid-May.
The benchmark 10-year Treasury yield gained 4 bps to 3.1076%, however, after falling 7 bps on Thursday
Bond funds suffered their largest outflows since April 2020 in the week to Wednesday while equities lost $16.8 billion as markets were stuck in maximum bearish mode, BofA’s weekly analysis of flows showed on Friday.
The U.S. dollar has slipped from last week’s 20-year highs. The euro gained 0.23% to $1.05470 and the U.S. currency was flat at 135.03 yen .
The battered yen has steadied this week and drew a little support on Friday from Japanese inflation topping the Bank of Japan’s 2% target for a second straight month, putting more pressure on its ultra-easy policy stance. read more
MSCI’s broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) rose 1.1%, helped by short sellers’ bailing out of Alibaba (9988.HK) – which rose nearly 6% – amid hints that China’s technology crackdown is abating.
Japan’s Nikkei (.N225) rose 1.2% for a 2% weekly gain.
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Additional reporting by Brijesh Patel in Bengaluru, Tom Westbrook in Singapore and Sam Byford in Tokyo; editing by Jacqueline Wong, John Stonestreet and Andrew Heavens
Our Standards: The Thomson Reuters Trust Principles.
Another solar temper tantrum sends a strong X-class flare toward Earth
Aurora watchers, it’s your lucky month.
For the second time in days, the sun hurled a large, X-class flare at Earth overnight Tuesday (April 19) and Wednesday (April 20), reportedly causing radio blackouts in Australia, the Western Pacific and eastern Asia. SpaceWeather.com reports 19 flares overall, including five medium-class explosions.
There’s likely more action in store, too. Imagery from NASA’s Solar Dynamics Observatory shows the large sunspot group AR2993-94, ready to rotate into firing range of Earth. “The fusillade is likely to continue,” SpaceWeather.com said of the solar activity.
But for now, it’s the X-class flare that has everyone’s attention. Generated from sunspot AR2992, we didn’t get the full brunt of the storm as the sunspot was on the extreme edge of the sun during the eruption.
Related: Earth braces for solar storm, potential aurora displays
There’s a chance, however, that coronal mass ejections (CME) of charged particles will from the same site could follow. If a CME happens, auroras might be on the way soon, although scientists aren’t sure yet whether Earth would be in the path of the plasma.
Solar flares have several flavors to them. By category, A-class are weakest and X-class is strongest, with B-, C-, and M-class falling in between in order of strength. With each category, flares are measured by size, with smaller numbers representing smaller flares in that size class. The largest of the overnight flare set was rated X2.2, according to SpaceWeather.
While flares are short outbursts, CMEs can shoot out clumps of charged particles. If the CME is pointed towards Earth, that could cause auroras, the stunning light shows caused by charged particles hitting Earth’s atmosphere. Some circumstantial evidence suggests that is happening already.
“Shortly after the flare, the US Air Force reported a Type II solar radio burst,” SpaceWeather.com explained. “Type II radio bursts are caused by shock waves in the leading edges of CMEs, and this could be a big one.”
The Space Weather Prediction Center at the National Oceanic and Atmospheric Administration (NOAA) confirmed that the flare occurred at 11:57 p.m. EDT Tuesday (0357 GMT Wednesday) and was accompanied by the Type II outburst.
Scientists will use data from the Solar and Heliospheric Observatory (SOHO), a spacecraft operated by NASA and its European counterpart, to monitor for any CME. But the NOAA officials played down the possibility of auroras, given that the originating sunspot was on the extreme edge of the sun.
“As the source region of the flare was beyond the southwest limb, initial analysis suggests any CME is unlikely to have an Earth-directed component,” NOAA stated.
NASA has not provided a detailed forecast yet on the websites for the two spacecraft, nor on social media. “Flares and solar eruptions can impact radio communications, electric power grids, navigation signals, and pose risks to spacecraft and astronauts,” NASA officials wrote in a recent statement.
The sun appears to be waking up in its newest 11-year cycle of solar activity, which began in 2019 and is predicted to peak in 2025. Early in the cycle, scientists forecast that overall the cycle will be quieter than usual given fewer sunspots.
NASA is among a group of space agencies watching the sun from space and on Earth to generate solar weather predictions. CMEs are usually harmless, creating auroras as charged particles hit the magnetic lines of Earth. The most powerful storms, however, may create issues with infrastructure such as satellites or power lines.
Follow Elizabeth Howell on Twitter @howellspace. Follow us on Twitter @Spacedotcom or on Facebook.
MSNBC guest says Freedom Convoy truckers throwing a ‘temper tantrum’
Canadian journalist Stephen Marche said Canada’s Freedom Convoy “has become a temper tantrum” Thursday on MSNBC’s “All In with Chris Hayes.”
” … [E]ssentially now, it has become a temper tantrum, which is simply ruining the lives of people who are trying to get to work and … put their kids to sleep,” he said. “And everyone wants it to end. Every day they are there, their message diminishes. They are getting less powerful by the day.”
Marche added that the truckers are “taking the city of Ottawa hostage.”
FREEDOM CONVOY ORGANIZER ‘DOWNRIGHT DISGUSTED’ BY MEDIA COVERAGE, AMERICAN TRUCKER BLASTS ‘DISCONNECTED’ PRESS
He downplayed Canadian support for the convoy, saying “only 1,000 people in Canada” back the movement and there is “absolutely no support from any mainstream party here.”
Rather, its “biggest supporters” are on the American right, he said, adding that it is a “spillover [from] American political toxicity.”
Marche said that Sen. Ted Cruz, R-Texas, “is way more into” the convoy than any Canadian politician.
“Disgust, I think, would be a really common reaction to this movement,” he said, adding that “there is really very, very little ground support for this.”
The United States, on the other hand, is “on the brink of civil war,” with its internal strife “spilling over” into Canada.
“America is very dry tinder,” he said. “Like a single spark can set it off. Canada … does not have the structural problems of the United States.”
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The journalist discredited the convoy as “political theater” without implications for policies on health care or any other topics.
Stroke contributing factors include losing temper, extreme exercise
Losing one’s temper or exercising too rigorously could be contributing factors for a stroke, according to new research.
In a study published Wednesday in the European Society of Cardiology’s “European Heart Journal,” a team of international researchers looked at more than 13,000 stroke patients in 32 countries as part of the INTERSTROKE study.
Using a “case-crossover approach,” the team determined whether a trigger within one hour of symptom onset was associated with acute stroke, versus the same time period on the previous day.
“Stroke prevention is a priority for physicians, and despite advances it remains difficult to predict when a stroke will occur. Many studies have focused on medium to long-term exposures, such as hypertension, obesity or smoking. Our study aimed to look at acute exposures that may act as triggers,” lead researcher and National University of Ireland Galway professor Andrew Smyth said in a statement.
The research analyzed patterns in patients who suffered an ischemic stroke and the less common intracerebral hemorrhage.
One in 11 survivors experienced a period of anger or upset in the one hour leading up to it, and the global INTERSTROKE study found that one in 20 patients had engaged in heavy physical exertion.
The paper, co-led by the National University of Ireland Galway, suggested that anger or emotional upset was linked to around a 30% increase in the risk of stroke during one hour after an episode – with a greater increase if the patient did not have a history of depression and larger odds for those with a lower level of education.
Heavy physical exertion was linked to around a 60% increase in the risk of intracerebral hemorrhage (ICH) – a rare form of stroke that causes bleeding in the brain – during that same period after heavy exertion, but not with all strokes or ischemic strokes.
There was a greater increase for women and less risk for those with a normal body mass index (BMI).
“Acute anger or emotional upset was associated with the onset of all stroke, ischemic stroke, and ICH, while acute heavy physical exertion was associated with ICH only,” the authors wrote.
“The study also concluded that there was no increase with exposure to both triggers of anger and heavy physical exertion,” Smythe said.
The study pointed out that there was no modifying effect by region, prior cardiovascular disease, risk factors, cardiovascular medications, time or day of symptom onset.
“Compared with exposure to neither trigger during the control period, the odds of stroke associated with exposure to both triggers were not additive,” the study noted.
Co-author and Galway University Hospitals consultant stroke physician Dr. Michelle Canavan said that people should practice mental and physical wellness at all ages, but added that it is “also important for some people to avoid heavy physical exertion, particularly if they are high-risk of cardiovascular, while also adopting a healthy lifestyle of regular exercise.”
In the U.S., the Centers for Disease Control and Prevention (CDC) says that someone has a stroke every 40 seconds and someone dies of stroke every four minutes.
Nearly 800,000 people in America have a stroke every year. About 87% of all strokes are ischemic strokes, in which blood flow to the brain is blocked.
“Some of the best ways to prevent stroke are to maintain a healthy lifestyle, treat high blood pressure and not to smoke, but our research also shows other events such as an episode of anger or upset or a period of heavy physical exertion independently increase the short-term risk.” study co-leader and National University of Ireland Galway Professor Martin O’Donnell said.
“We would emphasize that a brief episode of heavy physical exertion is different to getting regular physical activity, which reduces the long-term risk of stroke,” he explained.
The Associated Press contributed to this report.
Stroke contributing factors may include losing temper, extreme exercise: study
Losing one’s temper or exercising too rigorously could be contributing factors for a stroke, according to new research.
In a study published Wednesday in the European Society of Cardiology’s “European Heart Journal,” a team of international researchers looked at more than 13,000 stroke patients in 32 countries as part of the INTERSTROKE study.
10 DIETARY TIPS TO REDUCE HEART DISEASE AND STROKE RISK, ACCORDING TO NEW RESEARCH
Using a “case-crossover approach,” the team determined whether a trigger within one hour of symptom onset was associated with acute stroke, versus the same time period on the previous day.
“Stroke prevention is a priority for physicians, and despite advances it remains difficult to predict when a stroke will occur. Many studies have focused on medium to long-term exposures, such as hypertension, obesity or smoking. Our study aimed to look at acute exposures that may act as triggers,” lead researcher and National University of Ireland Galway professor Andrew Smyth said in a statement.
The research analyzed patterns in patients who suffered an ischemic stroke and the less common intracerebral hemorrhage.
One in 11 survivors experienced a period of anger or upset in the one hour leading up to it, and the global INTERSTROKE study found that one in 20 patients had engaged in heavy physical exertion.
The paper, co-led by the National University of Ireland Galway, suggested that anger or emotional upset was linked to around a 30% increase in the risk of stroke during one hour after an episode – with a greater increase if the patient did not have a history of depression and larger odds for those with a lower level of education.
Heavy physical exertion was linked to around a 60% increase in the risk of intracerebral hemorrhage (ICH) – a rare form of stroke that causes bleeding in the brain – during that same period after heavy exertion, but not with all strokes or ischemic strokes.
There was a greater increase for women and less risk for those with a normal body mass index (BMI).
VEGETABLE FATS LINKED TO LOWER STROKE RISKS, REPORTS SAY
“Acute anger or emotional upset was associated with the onset of all stroke, ischemic stroke, and ICH, while acute heavy physical exertion was associated with ICH only,” the authors wrote.
“The study also concluded that there was no increase with exposure to both triggers of anger and heavy physical exertion,” Smythe said.
The study pointed out that there was no modifying effect by region, prior cardiovascular disease, risk factors, cardiovascular medications, time or day of symptom onset.
“Compared with exposure to neither trigger during the control period, the odds of stroke associated with exposure to both triggers were not additive,” the study noted.
Co-author and Galway University Hospitals consultant stroke physician Dr. Michelle Canavan said that people should practice mental and physical wellness at all ages, but added that it is “also important for some people to avoid heavy physical exertion, particularly if they are high-risk of cardiovascular, while also adopting a healthy lifestyle of regular exercise.”
In the U.S., the Centers for Disease Control and Prevention (CDC) says that someone has a stroke every 40 seconds and someone dies of stroke every four minutes.
Nearly 800,000 people in America have a stroke every year. About 87% of all strokes are ischemic strokes, in which blood flow to the brain is blocked.
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“Some of the best ways to prevent stroke are to maintain a healthy lifestyle, treat high blood pressure and not to smoke, but our research also shows other events such as an episode of anger or upset or a period of heavy physical exertion independently increase the short-term risk.” study co-leader and National University of Ireland Galway Professor Martin O’Donnell said.
“We would emphasize that a brief episode of heavy physical exertion is different to getting regular physical activity, which reduces the long-term risk of stroke,” he explained.
The Associated Press contributed to this report.
Tom Brady Throws Temper Tantrum At Bucs Practice, Cussing & Helmet Slamming
Tom Brady was so ticked off over some poor plays at Bucs practice on Sunday … he threw a major temper tantrum, cussing, slamming his helmet and even punting a football.
Reporters on the scene in Tampa say it all went down during 11-on-11 drills … with the G.O.A.T. going off after he took a would-be sack.
Tom grabbed the ball and booted it in frustration … sending the pigskin over 40 yards.
Brady would have been sacked on a play and punted the ball in frustration about 40 yards towards field two. A pretty nice punt. #Bucs
— PewterReport (@PewterReport) August 1, 2021
@PewterReport
On the next series, Tom was sacked again and threw a few incompletions … leading to an even bigger meltdown.
The 43-year-old QB — who turns 44 on Tuesday — slammed his helmet into the ground … and according to the Tampa Bay Times, he dropped an F-bomb on his teammates.
“Gotta make a f***ing play when you’re tired fellas,” Brady said, according to Rick Stroud.
Don’t worry … this apparently ain’t sort of beginning of a decline for Tom — by all accounts, he’s had an awesome start to training camp, and even his head coach, Bruce Arians, was cool with TB12’s attitude during practice.
“Guys have got to make plays,” Arians told reporters. “You’re in a critical situation, you can’t fall down. He gives you a chance to win the game. You’ve got to go down and win the game. I don’t care how tired you are.”
Only about a month away ’til we get to see Tom in another regular-season game … getchya popcorn ready.