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But he also reckons they need to improve at the back and thinks Chelsea defender Gary Cahill is an option.
“Perisic is a top, top player, you can understand why Inter didn’t want to let him go," Murray said.
“He was excellent at the World Cup as well, so I think he would have provided what Arsenal need.
“I’m still surprised they haven’t gone in and got a defender. I really, really thought they’d go and get that.
“Even someone like Cahill, would Chelsea allow that? There’s talk of him maybe going to Fulham or somewhere like that.
“But I just thought that would be something they looked to do.
“But Perisic would have been fantastic in the Premier League.
“But the fact it was going to be a loan with a view to a permanent, I can understand why Inter wanted to keep him.
“With Suarez coming in they know what they’re doing, [Unai] Emery knows his targets, knows the market.
Arsenal are back in action this Sunday when they visit reigning champions Manchester City (4.30pm).
FINAL PHASE! This is Lot 61 of 21 Lots available in the final phase of Indian Springs Subdivision. Here is your chance to own a piece of the country! Build to suit on this lot or chose from the many other lots available. Horses, and recreational vehicles welcome! Some Restrictions apply. Private and Peaceful setting! C...
Many of the people who completely missed the worst recession since the Great Depression are trying to get out front and tell us about the next one on the way. The big item glowing in their crystal ball is an inversion of the yield curve. There has been an inversion of the yield curve before nearly every prior recession...
Okay, if you have no idea what an inversion of the yield curve means, it probably means you're a normal person with better things to do with your time. But for economists, and especially those who monitor financial markets closely, this can be a big deal.
An inverted yield curve refers to the relationship between shorter- and longer-term interest rates. Typically, the longer-term interest rate say, the interest rate you would get on a 30-year bond is higher than what you would get from lending short-term, like buying a three-month U.S. Treasury bill.
The logic is that if you are locking up your money for a longer period of time, you have to be compensated with a higher interest rate. Therefore, it is generally true that as you get to longer durations say, a one year bond compared to three-month bond the interest rate rises. This relationship between interest rates ...
We get an inverted yield curve when this pattern of higher interest rates associated with longer-term lending does not hold, as is now the case. For example, on March 27, the interest rate on a three-month Treasury bill was 2.43 percent. The interest rate on a 10-year Treasury bond was just 2.38 percent, 0.05 percentag...
While this inversion has historically been associated with a recession in the not too distant future, this is not quite a curse of an inverted yield curve story. Most recessions are brought on by the Federal Reserve Board raising the overnight federal funds rate (a very short-term interest rate), which is directly unde...
The higher short-term rate tends to also raise long-term interest rates, like car loans and mortgages, which are the rates that matter more for the economy. However, longer-term rates tend not to rise as much as the short-term rate. In a more typical economy, we might expect a 3.0 percentage point rise in the federal f...
We get an inversion in this story when the Fed goes too far. It keeps raising the short-term rate, but investors in longer-term debt think that they see an end in sight to rate hikes and a reversal on the way. If the short-term rate is going to be falling to 2.0 percent or even lower in future months, then investors wo...
That's pretty much the story we have today. Since December 2015, the Fed has raised the federal funds rate from essentially 0 to 2.5 percent. With little evidence of inflation and some signs of a weakening economy, many investors are betting that the Fed has stopped hiking rates and will soon be lowering them. This har...
It is also worth noting that interest rates in the US are notably higher than in other countries, which do face a recession or near recession conditions. While the US 10-year Treasury bond pays 2.38 percent interest, a 10-year French bond pays just 0.31 percent. In the Netherlands, the interest rate is 0.13 percent, an...
The extraordinarily low long-term interest rates in other countries puts downward pressure on interest rates here, which is another factor in our inverted yield curve. The weakness of economies elsewhere does mean trade is likely to be a drag on growth in the immediate future, but it does not mean a recession.
To sum up the general picture, the U.S. economy is definitely weakening. The tax cut did provide a boost to growth in 2018, as shareholders spent much of the money they were given from the corporate tax cut. But there will be no additional boost in 2019. There was no investment boom to give us a big push going forward....
As noted, trade is a drag on growth. With Republicans again concerned about deficits, since they got their tax cuts, we can probably expect some cuts in government spending that will also dampen growth.
However, with wages growing at a respectable pace, and job growth remaining healthy, we should see enough consumption demand to keep the economy moving forward. That means slower growth, but no recession.
People should not spend time worrying about the curse of the inverted yield curve, at least not unless something else bad happens to the economy.
I don't believe the stock prices are tied to production any longer. The last bust was caused by a conspiracy between all parties that deal in real estate that drove housing prices sky high with fraudulent lending. The bust ended up enriching the perpetrators through bail out with a $26T injection of new money that went...
Cheering on growth, usuery, and the Fed psychopaths is a good reason to lock up traditional economists for a reeducation in reality.
Dear author, you are right until proven wrong.
This is always the case.
Welsh popsters THE KEYS are to go on a UK headline tour to coincide with the release of their eponymous debut album.
The band, formed from the ashes of Murry The Hump, were last seen on the road with Gorky’s Zygotic Mynci in July.
‘The Keys’ is released on October 6 via Too Pure. A single, ‘Love Your Sons And Daughters’, is out now.
The LP also contains the band’s previous two singles, ‘Gurl Next Door’ and ‘Strength Of Strings’.
6 p.m., Fuqua Livery Stable, 110 E Washington Ave. Look at how meditation, yoga, body movement, and engaging the senses can be an entry point into our craft of writing. Use these tools to bring words into visceral aliveness on the page and make stories vivid and engaging. Please register at least 24 hours in advance at...
8 a.m., Breckenridge Recreation Center, 880 Airport Road. Explosions, gooey messes and rocket launches learn all about the world around us during our excursion to the Downtown Aquarium and Denver Childrens museum. (970) 453-1734.
10 a.m., 18 School Rd., Suite 100. Open Mondays and Wednesdays. A Catholic charities outreach project open to help all pregnant women and families with children five years and younger. Diapers, wipes, formula, clothing, etc. (720) 584-0299.
His powerful Spanish-language debut Maria Full of Grace, which won a Silver Bear in Berlin and garnered an Oscar nomination for star Catalina Sandino Moreno, put U.S. director Joshua Marston on the top of hot-indie-talent-to-watch-lists. But plans for an English-language follow up were smothered by the economic crisis....
The Hollywood Reporter: For Maria Full of Grace you went to Columbia. The Forgiveness of Blood is set in Albania. Why do you go so far from home to find your stories?
Joshua Marston: Well it wasn't planned that way. There were a number of projects in-between. I tried to make a couple of films in the U.S. but because of what's been happening in the industry, it wasn't possible. After Maria I wrote a script about truck drivers in Iraq who work for Haliburton. Everyone loved it. The st...
THR: How did you find this story – about a teenage boy caught in the world of Albanian blood feuds?
Marston: The short answer is I read it in a newspaper. About every six months or so, a major English-language newspaper runs a story about Albania and they are usually about the blood feuds. But what was fascinating for me wasn't the feud per se – you have blood feuds all over the world – but the co-existence of someth...
THR: How did you develop the story?
Marston: My initial research involved one very concentrated month in Albania, where every day, all day, I'd have conversation after conversation with anyone who could be in someway touched by the narrative I was spinning in my head. I started with the families who were still in blood feuds, or had been in blood feuds a...
THR: The plot of Maria Full of Grace also had a ripped-from-the-headlines feel to it: a Columbia drug mule trying to enter the U.S.
Marston: This film definitely isn't a sequel to Maria, it's a very different film. It's a very different story, it has a very different mood, feel and pace to it. But what the two films have in common is that, on the surface the story does seem ripped from the headlines, but the way in is not the usual one. So with Mar...
I had a strange experience walking through the toy aisles of some of America's Favorite Retailers last weekend while shopping for Christmas-based flotsam and jetsam, and I'm not just talking about the recurrent mauling by crazed, glassy-eyed zombie shoppers who more or less thought nothing of knocking my skinny frame o...
No, walking through the toy aisles in search of something for my nieces and nephews, as well as a few replacement Ewoks for my personal collection (and don't you sit there judging me), it occurred to me that everything was extremely, eerily familiar, as though, hypothetically, no one in about two decades had come up wi...
No, if you were newly arrived on the planet and basing your entire cultural knowledge on toys, you'd be forgiven for thinking it was 1985: Everywhere you turn, there's "Star Wars" action figures, "G.I. Joe" characters (many, I noted with no small degree of satisfaction, of the exact same mold as the ones I used to obse...
But in the 20-some years since I was into collecting this stuff (well, five-some when we're talking about My Little Pony), is it entirely unreasonable to expect that someone had made a new toy idea or three?
Now, true, the dearth of new ideas is nothing new around these parts, particularly if you've been to any movies in the past 20 years, unless you're one of the select few souls for whom the phrase "Voltron movie" actually does something to your anticipatory glands (editor's note: You do not have anticipatory glands, but...
But even in that weird space between nostalgia and marketing, there seems to be an irrational emphasis on the former. Two things are possible here. 1. Toy companies in the mid to late 1980s reached the absolute zenith of human engineering achievement in the specialized category of collectible plastic toys, and no furth...
Perhaps I'm reading too much into this; perhaps these are just really strong, relevant brands that stand the test of time. Or perhaps toy companies are banking on nostalgia-crazed thirtysomethings trying to find some small comfort in the insane world of parenting, with its constant rain of toy recalls, changing rules r...
Jeff Vrabel is a freelance writer who sold most of his massive old "Star Wars" collection in garage sales for quarters and dollars to people who are probably now using the profits to do things like buy Facebook. He can be reached at www.jeffvrabel.com. Also, if you happen to come across a slightly beat-up X-Wing Fighte...
ANOTHER LEAVING CERT student with dyslexia has launched High Court proceedings aimed at securing a reader that will allow him understand papers in next month’s examinations.
The action by the 18-year-old male student from Co Cork is against an Independent Appeals Committee of the State Examinations Commission.
The three-person committee, which is under the aegis of the Department of Education, turned down his application for a reader, an adult exam supervisor to read exam questions in a way a student with dyslexia can understand, while he sits his exams.
No reasons were given for the refusal by the committee.
The teen, who hopes to go on to third level education, seeks orders quashing the refusal as well as a declaration from the court he is entitled to be furnished with the reasons for the refusal.
In order to qualify for a reader the teen needed to satisfy certain criteria, including obtaining certain test scores in word reading on sample papers. After undergoing the tests he obtained a score just above the threshold for eligibility for a reader.
The matter came before Mr Justice Richard Humphreys at a vacation sitting of the High Court on Monday who granted the teen permission, on an ex-parte basis, to bring his challenge. The Judge made the matter returnable to a date later this month.
The teenager’s counsel Michael Lynn SC, appearing with Brendan Hennessy Bl and represented by Chris Ryan Solicitors, said the main reason the challenge was being brought was because the committee had given no reason for its decision.
Another ground is the teen has been prejudiced by the decision, which amounts to a breach of fair procedure and the teens right’s to natural and constitutional justice.
The action is one of a number that have come before the court in recent weeks. In a judgment last month on a similar but separate challenge by another student with dyslexia, Mr Justice Seamus Noonan overturned the refusal of a reader on grounds including the Committee’s failure to specify reasons for that refusal.
Two other actions are pending before the High Court.
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Revisiting Eric Alterman's writings on The New Republic during the Marty Peretz years.
3. Under the title “You’ve Got to Hate and Fear,” I excerpted the story of The New Republic and Charles Murray's The Bell Curve, from my 2003 book, What Liberal Media?
How Peretz Undermined Liberalism (The American Prospect, 2011).
There were more, but these were the ones specifically devoted to the magazine. For those who are interested, I recommend taking a look at my history of postwar American liberalism, The Cause: The Fight for American Liberalism from Franklin Roosevelt to Barack Obama.
The master pianist Eric Reed put together a terrific program last weekend honoring Count Basie that he called “Swinging the Blues” at the Appel Room. It featured vocalists Brianna Thomas and Kenny Washington, bassist Gerald Cannon, drummer McClenty Hunter, together with tenor saxophonists Eric Alexander and Tivon Penni...
Hot Tuna did its annual Beacon show Saturday night, and this has become a ritual to some of us. This year was special because it celebrated Jack Casady’s seventieth birthday and featured Marty Balin, a Jefferson Airplane founding member, along with the great Barry Mitterhoff, RNC band leader G.E. Smith, and Larry Campb...
OK, to be honest, Marty Balin was a little embarrassing. He sounded pretty good, vamped it up on vocals as if he were Tom Jones and Tuna and company were just member of his backup band. He sang “3/5 of a Mile in 10 Seconds,” a really silly choice of Airplane material, I thought, and then “Plastic Fantastic Lover.” Bali...
Meanwhile, back with Hot Tuna, Teresa Williams really shined on “White Rabbit” and “Somebody to Love,” both of which were spot-on. So, too were her vocals and the band’s musicianship on the long, slow “Sugaree” they played right afterwards. Right from the start with “Hesitation Blues,” the band, overall, was in great s...
The recent success of the Netflix series, “Tidying Up With Marie Kondo,” has inspired millions of people to evaluate their belongings, deciding what among them sparks joy enough to keep and what to let go of.
But while TV shows can make getting organized seem easy, knowing where to start can be overwhelming.
A good place to begin is by understanding how we ended up with too much stuff in the first place.
“It all starts with wanting something,” says Rick Woods, professional organizer and owner of The Functional Organizer in Enfield.
The problem is that while it’s easier than ever to get what we want, we aren’t shedding at an equal rate, and that leads to clutter and over-accumulation.
We find it hard to part with our stuff for any number of reasons, including fear that we may need it at some point, emotional attachment or guilt over having spent hard-earned money to buy it.
But, says Woods, the reason to keep any item is because it’s useful. “The goal is to use it. If we’re using it, great. If not, we’re just keeping it around."
If we’re not going to use something, he says, we should return it to the store, donate it, give it away or, if something’s wrong with it, discard it.
A good way to consider an item’s usefulness is to ask yourself this: Given the option, would you buy that exact item again?
And if you’re hanging onto clothes that no longer fit, in hopes of one day wearing them again, it’s time to let them go.
Keeping a few irreplaceable items (like those awesome jeans you’ll never find again) isn’t a problem, but holding onto an entire wardrobe of ill-fitting clothes, or anything else you’re not wearing or using, takes up valuable real estate in your home and, according to Raycraft, you need to clear it out.
In addition to feeling guilty over money spent, a common problem is that a lot of us hang onto clothes and other items for sentimental reasons.
“That’s why we’re having trouble purging," says Woods.
When that’s the case, Raycraft recommends shifting the focus to the memory or event associated with an item, as opposed to the item itself.
In addition to stuff we’ve purchased or collected along the way, clutter also finds its way into our homes through the mail and other paperwork.
And what starts as a small pile eventually turns into a big one, making it seem too overwhelming to tackle.
One way to stay on top of mail and paperwork is to implement a system. When the mail comes in, instead of setting it aside to look at later, take a few minutes to sort through it, separating out bills and other important mail from the junk mail (which should be tossed or recycled), along with making a pile for the shre...
Once complete, Manierre says, you can determine where items you need to keep should be filed.
“Your tax return is a good gauge in helping decide what you need to save,” and for how long. She suggests talking with your tax preparer to identify what you need to keep on hand.
She also recommends keeping important paperwork in a single location, like a file cabinet.
Before embarking on an organizing project, ask yourself why you’re doing it and what the ultimate goal is, Raycraft says.
“Is it that you just feel overwhelmed, you’re anxious or stressed when you walk into a room? Are you tired of looking for things? Is it that you want a certain room to be something?"
If you don’t have a goal, she says, you might get frustrated and exhausted and decide it’s just not worth it to finish.
Finally, while sorting through your things, deciding what to jettison and what to keep, it’s not a bad idea to question which items bring you joy, because in the end, that’s really what it’s all about.
“When we make room for clarity in our closet or our dresser drawer, we have the things that we use and love and can find them quickly and easily,” Woods says. “If you have too much stuff, it’s too hard to organize.