All posts tagged: Bullish

Jozy Altidore, now a broadcaster, is bullish on the U.S. making a deep World Cup run

Jozy Altidore, now a broadcaster, is bullish on the U.S. making a deep World Cup run

Published by Sam Flores

Growing up in South Florida, Jozy Altidore heard a lot of Spanish playing soccer with local kids and at home from his Dominican grandmother. As a teenager, he went to play for Villarreal, in the Castellón part of Spain, an area that isn’t that touristy. His coach and teammates mostly spoke Spanish. Along the way, Altidore picked up the language. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. “A lot of people look at me like, ‘What? You speak Spanish?’” Altidore told NBC News. It will come in handy this summer, when Altidore serves as a World Cup commentator for Telemundo, the games’ official Spanish-language network. Altidore has no experience in broadcasting, and he admits that his Spanish is just OK. But he saw the World Cup was coming to North America, and he didn’t want to be left on the sidelines. “It’s the biggest, most historical World Cup we’ve had,” Altidore said. “For me, it was a good opportunity to stay involved, be a part of the …

What Would Be Truly Bullish? Actually Fixing What’s Broken

What Would Be Truly Bullish? Actually Fixing What’s Broken

Published by Jenni Sidey

Authored by Charles Hugh Smith via Of Two Minds, We’ve come to an interesting juncture in history, interesting because while we’re being assured that AI will solve all problems, including any it creates, back in the real world, AI is incapable of fixing what’s broken because too many people are getting rich off the status quo, and since the status quo is the problem, those who own / control AI will use it to maintain the status quo, guaranteeing that what’s broken spirals into irreversible breakdown. Richard Bonugli and I discuss what’s fatally broken in a new podcast on what it will take to become Bullish (32 min). Let’s start with what’s “obvious”: letting what’s broken fester until it implodes the status quo is not bullish, and neither is substituting delusion and denial for a realistic appraisal of what’s actually broken–the essential observe and orient steps in the OODA loop (observe, orient, decide, act). I’ve often described the two dynamics that are broken that AI can’t fix because those who own / control AI are …

Jeff Zucker, Marco Bassetti Are Bullish

Jeff Zucker, Marco Bassetti Are Bullish

Published by Daniella Wilson

In the three years since Jeff Zucker joined RedBird IMI, the former CNN chief has orchestrated a blizzard of deals after being handed a $1 billion war chest from Gerry Cardinale’s RedBird Capital and International Media Investments, an Abu Dhabi-based private investment fund. While some of those media deals have been scuttled (see: a bid for U.K. institution The Telegraph) and others are small bets that have been interesting to follow (see: investments in Morning Show studio Media Res, media outlet Front Office Sports), none have the scale or the impact on Hollywood production than the one unveiled on Tuesday. After months of serious talks, the Marco Bassetti-led Banijay, the producer of hit reality staples like Big Brother, MasterChef and Survivor, inked a deal with the Jane Turton-run All3Media, which backs shows like The Traitors and movies like Hamnet and 1917, in a deal valued at $8 billion. That merger was ushered in by All3’s owner, Redbird IMI, which had acquired the production company for $1.45 billion in 2024 and which paid €625 million ($725 million) …

A Market Crash And Recession Are Bullish, Not Bearish

A Market Crash And Recession Are Bullish, Not Bearish

Published by Jenni Sidey

Authored by Charles Hugh Smith via OfTwoMinds blog, This isn’t “Capitalism,” it’s Model Collapse ushering in the inevitable conflagration. One of the most peculiar hyper-normalized hallucinations about “Capitalism” is that markets and the economy “should always go up” and if they don’t, something is terribly wrong and somebody better do something to fix it. Remarkably, this hyper-normalized hallucination is the exact opposite of real-world “Capitalism,” which relies on the periodic clearing of excesses of debt, leverage and speculation as its essential mechanism of self-correction and adaptation. If these are stripped out, “Capitalism” fails as a system. The two charts of the NASDAQ stock index below illustrate the astounding divide between a real-world understanding of “Capitalism” and the hyper-normalized hallucination of always goes up “Capitalism.” Various justifications are trotted out to support the “markets and GDP should always go up” narrative: 1. There’s always a Bull Market somewhere. In other words, the market and “growth” are always going up somewhere, and so rotating out of flat sectors into growing sectors enables markets to always go up. 2. The economy can no …