Latest news with #Basinger
Yahoo
4 days ago
- Business
- Yahoo
Trump Tariffs Are Making International Stock Markets Great Again
(Bloomberg) -- US President Donald Trump's tariffs are giving international stocks a serious lift and at the same time helping to end the S&P 500 Index's run of global dominance — at least for now. All Hail the Humble Speed Hump Three Deaths Reported as NYC Legionnaires' Outbreak Spreads Mayor Asked to Explain $1.4 Billion of Wasted Johannesburg Funds Major Istanbul Projects Are Stalling as City Leaders Sit in Jail What England's New National Cycling Network Needs to Get Rolling International stock markets are on pace to outperform the broad US equities benchmark this year, the first time they've done that since 2022, and the first time in a rising market since 2009. Fears that tariffs and trade uncertainty will have an outsized impact on Corporate America's earnings growth are the primary culprit. The MSCI World Index excluding the US is clobbering the S&P 500 in 2025, jumping 18% thus far versus a more modest 7.8% gain in the S&P 500. You can see why in the individual performances. Mexico's key stock market index is up 18% this year, Canada's is up 12%, Germany's 21%, Spain's 26%, Brazil's 14%, and the UK's 11%. It's a sharp reversal from years of soaring gains for US equities, spurred most recently by mega-cap technology companies and the promise of artificial intelligence, and relatively sluggish performances by their global peers. This has left stocks in markets outside of the US relatively cheap. 'Sometimes the biggest gains come from the fixer-upper opportunities,' Craig Basinger, chief strategist at Purpose Investments Inc, said in an interview. The valuation gap between US and international markets is 'historically wide,' and investors are largely over-invested in the US and under-invested in other markets, according to Basinger. That trend has been reversing this year, and it could accelerate as Trump's tariffs come into effect this month, while trading partners in Canada, Europe, Japan and elsewhere embark on investor-friendly reforms and boost domestic growth, he said. 'Rate of change matters in markets, and it would appear that international markets, generally speaking, are becoming a bit more investor friendly,' Basinger said. 'America is still the gold standard, but if the gap narrows, so could the valuation gap.' An 'ultra-low growth' earnings outlook that has been baked into European and Japanese stocks for years also is starting to change, according to David Lambert, managing director, senior portfolio manager and head of European equities at RBC Global Asset Management. 'We're actually in an era now where earnings growth could be incrementally higher for the medium term,' Lambert said. 'There's no reason why you can't see a gentle rerating in the coming years even further from where we are today.' He's not alone in that opinion. A June survey by BofA Securities found that 54% of the fund managers who responded expect international stocks to be the best-performing asset in the next five years. Just 23% held that view on US equities. The reason is Trump's tariffs, which are expected to hit Corporate America's earnings harder than companies in Europe or Japan, said David Groman, a director on Citi Research's global equity strategy team. Europe in particular is leading in value and momentum performance, according to a Citi note to clients on Wednesday. 'There is more clarity and investors have this ability to at least pencil in what they think the earnings impact will be in a place like Europe or Japan,' Groman said in an interview. Markets like Europe have already priced in a bad outcome on tariffs, and it may actually turn out to be better than expected, he added. To be sure, some strategists see pain in the US potentially spilling over into other markets around the world. Emily Roland and Matthew Miskin, co-chief investment strategists at Manulife John Hancock, caution against holding low-quality, cyclical international stocks in this kind of environment. 'Every other time in history if the US sees a recession, it has brought the rest of the world down with it,' they wrote in a recent note to clients. Still, the rotation from US stocks and into international equities could end up being 'a very long' story, Purpose's Basinger said. 'People just have too much US right now,' he said. The Pizza Oven Startup With a Plan to Own Every Piece of the Pie Digital Nomads Are Transforming Medellín's Housing Russia's Secret War and the Plot to Kill a German CEO It's Only a Matter of Time Until Americans Pay for Trump's Tariffs The Game Starts at 8. The Robbery Starts at 8:01 ©2025 Bloomberg L.P.
Yahoo
23-05-2025
- Entertainment
- Yahoo
Kim Basinger turns heads in rare photos at granddaughter Holland's birthday party
Kim Basinger is turning heads in recent photos shared by daughter Ireland Baldwin. The Academy Award-winning actress, who is fairly private by Hollywood's terms, appeared in new photos from granddaughter Holland's birthday party. "Celebrated Holland's 2nd at @triskeleefarm with our people," Baldwin captioned her Instagram post. In the snaps, Basinger dressed down for the occasion in an olive green jacket, black sweatpants, black sunglasses and an oversized straw hat and black sunglasses. In one photo, the "L.A. Confidential" actress smiled softly and wrapped her arm around Baldwin, who was holding Holland, while the trio posed with another woman. In another picture, Basinger smiled with Baldwin and two other women. 'A lot of learning I had to do': Ireland Baldwin talks healing from past abuse on 'Red Table Talk' Basinger and actor Alec Baldwin, Baldwin's father, were married from 1993 to 2002. Baldwin shares her 2-year-old Holland with musician André Allen Anjos, who is better known by his stage name RAC. In April 2022, on an episode of "Red Table Talk" featuring Baldwin, Basinger discussed her experience of agoraphobia, an "anxiety disorder in which you fear and avoid places or situations that might cause you to panic and make you feel trapped, helpless or embarrassed," according to Mayo Clinic. The anxiety disorder can affect people in instances such as "using public transportation, being in open or enclosed spaces, standing in line, or being in a crowd." After suffering an anxiety attack inside a health food store, Basinger said she didn't drive for about seven months. "I wouldn't leave the house," Basinger told co-host Jada Pinkett Smith. "I would no longer go to dinner. I could not even have people for dinner. We tried that, and it's really horrible to feel that it won as really fiercely as (it) did during those years and not know what it was. It's like something just completely shuts down within you, and you have to relearn everything." Contributing: Edward Segarra This article originally appeared on USA TODAY: Kim Basinger today: Daughter Ireland posts rare photos
USA Today
23-05-2025
- Entertainment
- USA Today
Kim Basinger turns heads in rare photos at granddaughter Holland's birthday party
Kim Basinger turns heads in rare photos at granddaughter Holland's birthday party Show Caption Hide Caption 'Rust' movie trailer: See Alec Baldwin as a Western outlaw Alec Baldwin's Western drama "Rust" is out May 2. Kim Basinger is turning heads in recent photos shared by daughter Ireland Baldwin. The Academy Award-winning actress, who is fairly private by Hollywood's terms, appeared in new photos from granddaughter Holland's birthday party. "Celebrated Holland's 2nd at @triskeleefarm with our people," Baldwin captioned her Instagram post. In the snaps, Basinger dressed down for the occasion in an olive green jacket, black sweatpants, black sunglasses and an oversized straw hat and black sunglasses. In one photo, the "L.A. Confidential" actress smiled softly and wrapped her arm around Baldwin, who was holding Holland, while the trio posed with another woman. In another picture, Basinger smiled with Baldwin and two other women. 'A lot of learning I had to do': Ireland Baldwin talks healing from past abuse on 'Red Table Talk' Basinger and actor Alec Baldwin, Baldwin's father, were married from 1993 to 2002. Baldwin shares her 2-year-old Holland with musician André Allen Anjos, who is better known by his stage name RAC. Kim Basinger previously discussed agoraphobia diagnosis In April 2022, on an episode of "Red Table Talk" featuring Baldwin, Basinger discussed her experience of agoraphobia, an "anxiety disorder in which you fear and avoid places or situations that might cause you to panic and make you feel trapped, helpless or embarrassed," according to Mayo Clinic. The anxiety disorder can affect people in instances such as "using public transportation, being in open or enclosed spaces, standing in line, or being in a crowd." After suffering an anxiety attack inside a health food store, Basinger said she didn't drive for about seven months. "I wouldn't leave the house," Basinger told co-host Jada Pinkett Smith. "I would no longer go to dinner. I could not even have people for dinner. We tried that, and it's really horrible to feel that it won as really fiercely as (it) did during those years and not know what it was. It's like something just completely shuts down within you, and you have to relearn everything." Contributing: Edward Segarra
Yahoo
19-05-2025
- Sport
- Yahoo
Clemson defeats Kentucky 5-1 to advance to 3rd Super Regional in 4 seasons
CLEMSON, S.C. (Clemson SID) – The Clemson Softball team defeated the Kentucky Wildcats (31-28), 5-1, to claim a Regional title in McWhorter Stadium and advance to the Super Regional round for the third time in program history in just five full seasons. The Tigers (47-12) improved to 9-1 all-time in home NCAA games, and defeated each of the three teams – USC Upstate (10-2), Northwestern (1-0) and Kentucky (5-1) – by allowing just three runs. Reese Basinger (17-5) earned the win in the circle, and Brooke McCubbin retired all four batters she faced to record her fourth save of the season. Freshman Marian Collins went 3-for-3 with a walk and went 8-for-9 with two walks in the three games overall. Fellow freshman Taylor Pipkins launched a three-run homer to extend Clemson's lead to 3-0, while Julia Knowler, Maddie Moore and Kylee Johnson each drove in a run. The Tigers, the 2025 ACC Champion, advance to play No. 6 National Seed Texas (48-10) in Austin, Texas at the Red and Charline McCombs Softball Field. Dates and times of the super will be announced at a later date once all regionals are completed. On Sunday, both programs looked to do some damage in the second inning as Clemson loaded the bases with two outs and Kentucky advanced a player to third with two outs. Both pitchers forced fly outs to left field to end the inning unscathed. The Tigers broke open the scoring in the top of the third inning off of Julia Knowler's program-record 18th double of the year. She drove in Alex Brown, who singled and advanced on a wild pitch earlier that inning. The Wildcats tried to respond in the bottom of the frame after once again getting a runner on third, but Basinger sat Hallie Mitchell down with her second inning-ending strikeout to leave her stranded. Basinger finished the day with three strikeouts, all of which were the final out of their respective innings (first, third and fourth). Clemson extended its lead in the fourth after Collins and Pipkins delivered at the plate. Collins drew a five-pitch walk to leadoff the inning, and Pipkins blasted her fourth home run of the year 232 feet out of left center to make it 3-0 with no outs. Senior Maddie Moore delivered an RBI double down the right field line to score Brown to make it 4-0 after four. This extended Moore's program-record RBI count to 66, while Brown extended her program-record runs scored count to 66. Kentucky got one back in the bottom of the sixth to chase Basinger, bringing in McCubbin. The Tiger hurler got Ella Emmert swinging to limit the damage. The Tigers tacked on a run in the seventh, loading the bases with nobody out, and Macey Cintron scored from third on a Kylee Johnson fielder's choice. Eight pitches were all that were needed for McCubbin to retire the bottom of the seventh with three groundouts to seal the 5-1 victory for the Tigers. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CNN
28-02-2025
- Entertainment
- CNN
Kim Basinger says in rare interview that she and Alec Baldwin ‘have a great relationship'
Kim Basinger hasn't given an interview in years and now that she has, the Oscar-winner has a few things to say. Basinger reflected on her career and her life, including her relationship with ex-husband, fellow actor Alec Baldwin, in an interview with Variety. Basinger and Baldwin were married from 1993 to 2002 and are the parents of an adult daughter, Ireland. He has since remarried Hilaria Baldwin with whom he shares seven children. Basinger told the publication that she and her ex 'have a great relationship.' 'I have great respect for where he is today, and his family. You know, we don't spend Christmases and holidays or see each other very much,' she said. 'But we talk. He'll pick up the phone and call me, and we have a very genuinely cordial and I think loving relationship in a lot of ways, just because we share a daughter, and I don't wish him anything but everything good.' Basinger noted that Baldwin has 'been through a lot lately,' seemingly in reference to the fatal shooting of cinematographer Halyna Hutchins on October 21, 2021, on the New Mexico set of Baldwin's Western film 'Rust.' He pleaded not guilty and the case was dismissed in July 2024. In terms of what Baldwin was going through, Basinger said 'Hilaria seems to have a great handle on that. So more power to her.' Baldwin and his current wife have a new reality show on TLC (which is owned by CNN's parent company), but Basinger sounds like she is intent on remaining private. 'Your anonymity is like a helium balloon. It slips out of your hand, and that's it. I found that out pretty young,' Basinger said. 'Getting off airplanes all over the world and having people stalk your hotel rooms and bodyguards and police and this and that and thinking, 'What?' You're just dumbfounded.'
