Latest news with #JamesRagan


South China Morning Post
23-05-2025
- Science
- South China Morning Post
Style Edit: The latest Omega Speedmaster blends modern design and mechanics with the watch's enduring space legacy – recalling a time when courage and curiosity took humanity to new heights
When space was still a dream for most, Omega was already ticking among the stars. In 1962, Nasa astronaut Wally Schirra strapped an Omega Speedmaster CK2998 to his wrist for the Sigma 7 mission, unknowingly launching Omega's legacy into the cosmos. Nasa took notice. By 1964, engineers were searching for a timepiece tough enough for the Gemini and Apollo missions. Cue James Ragan, a Nasa engineer who tested contenders from top watchmakers under extreme conditions: crushing pressure, cosmic-level heat, bone-chilling cold, high-G shocks, and more. Only one survived – Omega's Speedmaster ST 105.003. On March 23, 1965, the Speedmaster ST 105.003 made its first journey into space on the wrists of astronauts Virgil 'Gus' Grissom and John Young during the Gemini 3 mission – marking its debut as Nasa's official chronograph for manned missions. Just a few months later, Ed White wore the same model during America's first spacewalk. Advertisement Omega Speedmaster 310.30.42.50.01.001. Photo: Handout When the original Omega Speedmaster was introduced in 1957, it was built with advanced protective technologies of the time – such as the sealing power of O-ring gaskets and the innovative 'Naiad' crown. These features made it a remarkably robust chronograph, hermetically sealed against the elements and water-resistant to a depth of 200 feet. Its Hesalite crystal also offered a crucial benefit: shatter resistance. In the high-stakes environment of space, the last thing an astronaut needs is shards of glass floating inside a spacecraft. Durability wasn't just a feature – it was a necessity. To become Nasa's official space chronograph, contenders were tested under extreme conditions: crushing pressure, cosmic-level heat, bone-chilling cold, high-G shocks and more. Photo: Handout Today's Speedmaster Moonwatch, Ref. 310.30.42.50.01.001, continues that legacy. Its asymmetrical case design – first seen in the fourth-generation Speedmaster – adds extra protection for the crown and pushers, while the twisted lugs offer a distinctive and elegant silhouette. The watch retains the iconic black anodised aluminium bezel with its heritage 'Dot over 90' detail, a tribute to the second generation design. Its black step dial features the 'Professional' inscription, Luminova for visibility, and a classic logo. The caseback proudly states its Nasa flight qualification and Moon legacy, now updated with 'Co-Axial Master Chronometer' since 2021.
Yahoo
07-02-2025
- Business
- Yahoo
Stay diversified 'across sectors' for 2025 market volatility
James Ragan, director of wealth management research at D.A. Davidson, joins Wealth to discuss potential market volatility due to concerns about tariffs and economic growth. Ragan expects some pullback but remains optimistic about the overall market outlook for 2025. "How we prepare for the expected volatility is just to remain diversified across the sectors," Ragan explains, noting that even when tech doesn't perform, the S&P 500 (^GSPC) can still rise. "If we see some erosion in the earnings expectations going forward where companies become more cautious ... growth expected this year could be meaningfully lower," Ragan explains. "That would be the big risk." Ragan sees opportunities in sectors like technology (XLK), communication services (XLC), financials, and healthcare (XLV), which offer strong earnings potential and reasonable valuations. Despite some risks, the better-than-expected fourth quarter earnings have fueled optimism for 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Josh Lynch Sign in to access your portfolio