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Day: September 25, 2020

Nearly 30 colorful wheeled carts that rolled out in front of La Grange businesses in an annual outdoor art exhibit have been auctioned off to find new homes on porches, patios and playrooms in the community.

The customized hand-painted carts were designed around the theme “La Grange Rolls with It” and decorated the sidewalks of the business district from May into September.

Organized by the La Grange Business Association (LGBA) and presented by the Park District of La Grange, the exhibit showcased local artists and attracted attention to the shops, restaurants, businesses and organizations in the Village. The party carts were taken off display earlier this month and sold at auction to benefit several local nonprofit groups, including the La Grange Pet Parade.

In previous years, the auction is a highlight of the West End Arts Festival and held in front of the Stone Avenue train station. This year, due

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Flossie Norton, 68, of Detroit checks out the Majestic Theatre marquee as she and her grandson Michael Morgan, 10, of Detroit get out for some fresh air. “The streets are naked” said Norton. (Photo: Mandi Wright, Detroit Free Press)

Gov. Gretchen Whitmer has paved the way for a more extensive opening of concert venues in Michigan starting Oct. 9 — though it will still be far from business as usual for struggling clubs and theaters. 

Under an executive order issued Friday, the governor will permit attendance at indoor performance venues to grow to 20 people per 1,000 square feet for open spaces, and 20% of capacity for fixed-seating situations. 

Attendance will be capped at 500 regardless. 

Whitmer’s previous order, issued early in the summer, had limited indoor performance venues to 10 people.

Outdoor venues, previously limited to 100, will be allowed 30 people per 1,000 square feet, or 30%

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At the launch of the new Apple Watch 4, it was a bit of a scrum to get some decent hands on time with the device (especially against the backdrop of grabbing time with three new iPhones as well).

But in the melee there was something cool that we checked out – the new Apple Watch 4 faces that are coming with the new device.

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The elemental faces – water, vapor, liquid metal and fire – are new to the mix, as well as the new breathe face (which also comes in three variants). 

The flame face is one of the most striking of the new mix, and it can also be fused with the water face too.

 

This is the LiquidMetal face – coming in multiple

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Women wearing masksImage copyright
Reuters

The government should do more to help women cope with the economic effects of the coronavirus pandemic, a senior Conservative MP has said.

Caroline Nokes said ministers needed to “step in” to ensure women were not disadvantaged when firms cut jobs.

She added she was “disappointed” the chancellor did not mention women in his winter jobs support package on Thursday.

The BBC has contacted the Treasury for a response.

Ms Nokes chairs Parliament’s Women and Equalities Committee, which launched an inquiry in June into the gender impact of the post-Covid economic downturn.

She previously served as a minister at the Home Office under former PM Theresa May, but was not kept in a government role by Boris Johnson.

Speaking on the BBC’s World at One programme, she said: “Women in many cases, in far too many cases, have been the first to be laid off.”

She added

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This post was originally published on 9/10/19 and updated on 9/17/20

By Dave Haviland, Beaumont Capital Management

Sometimes our industry grabs on to a concept and cannot let it go. Is September the worst month from a performance standpoint? Does it almost always go down? Should one avoid the markets in September? Let’s take a quick look.

Yes, September has been the worst month on average:

Source: The Chart Store, as of 12/31/19

Note the average loss over 90 years was ~1%, and this appears, according to how it is presented, as the worst month by far. But this average is massively skewed by the large loss sustained in 1931 and the five years around it:

Source: The Chart Store, as of 12/31/19

In 1931 the S&P 500 did not even exist! The index was introduced in 1957; before this it was a 90-stock index back to 1926. Entire sectors,

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(RTTNews) – After ending the previous session slightly higher, treasuries turned in a lackluster performance during trading on Friday.

Bond prices saw modest strength in early trading but pulled back near the unchanged line as the day progressed. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, edged down by less than a basis point to 0.659 percent.

Treasuries initially benefited from the release of a report from the Commerce Department showing a much smaller than expected increase in durable goods orders in the month of August.

The Commerce Department said durable goods orders rose by 0.4 percent in August after soaring by an upwardly revised 11.7 percent in July.

Economists had expected durable goods orders to surge up by 1.5 percent compared to the 11.4 percent spike that had been reported for the previous month.

Excluding a 0.5 percent increase in orders for transportation

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Red tape is the primary barrier to implementing proper cybersecurity measures in the industrial sector according to Kaspersky’s ‘State of Industrial Cybersecurity in the Era of Digitalization’ report.

As per the report, 46 per cent of organisations face red tape delays in implementation of industrial cybersecurity projects.

Common obstacles

Other common obstacles for these projects include “the inability to stop production (34 per cent), lengthy approval process (31 per cent) and having too many decision-makers (23 per cent).

Also read: How cyberattackers tried to execute a $15-million ransomware attack

“These barriers may become a critical point in light of Covid-19 because they can affect the implementation of pandemic-driven operational technology (OT) security initiatives,” said Kaspersky.

According to the report, 46 per cent of organisations are expecting to see changes in their OT security priorities as a result of the pandemic.

“These organisations will probably need to shift their security strategy

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The letter questioned the efficacy of blanket closures of affected businesses in certain counties.

DES MOINES, Iowa — A major hospitality group in Iowa is urging Gov. Kim Reynolds to modify her latest proclamation to control COVID-19 spread, which closes various businesses and limits alcohol service at restaurants in six counties. 

The following counties are included in her latest public health emergency proclamation:

  • Black Hawk
  • Dallas
  • Johnson
  • Linn
  • Polk
  • Story

In a letter to the governor, the Iowa Restaurant Association said the closures affect 273 bars, 29 Iowa breweries, 16 Iowa wineries and 4 Iowa distillers, It also claims it further limits the ability of 376 restaurants who are trying to get by. 

Bars, taverns, breweries and night clubs in certain Iowa counties had to have closed by 5 p.m. Thursday because of the spread of COVID-19, Gov. Kim Reynolds announced at a press conference. 

Restaurants in those above mentioned

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Question: What does the fixed income market have in common with the Sistine Chapel? Answer: The main action is on the ceiling. The Federal Reserve recently strengthened the scaffold holding us up by suggesting rate increases won’t come before 2023. And as shown in the accompanying illustration, alternative scenarios, movement away from the ceiling, are most likely to be downward. Stay-in-place-or-fall is not an ideal set of scenarios for less-risk-tolerant fixed-income investors. We offer four ETF ideas for this highly-challenging asset class.

© Can Stock Photo / savcoco

The End Of An Era

For the better part of 40 years, quants, asset managers and advisers thrived on being able to present performance records that trended nicely upward, sometimes with some interruptions, but on the whole, distinctly upward. That’s gone the way of airports without security, where anyone can walk up to any gate any time.

A lot of that was

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