Latest news with #Moody
7NEWS
2 days ago
- Sport
- 7NEWS
Peter Moody and jockey Zac Purton to join greats in Australian Racing Hall of Fame
Legendary Black Caviar trainer Peter Moody is about to be inducted into the Australian Racing Hall of Fame. Moody will be officially recognised in August for his feats with the sprint champion who famously went unbeaten from 25 starts and amassed $7,953,936 in prizemoney. But it's not just about Black Caviar, with Moody also having great success with Typhoon Tracy, Dissident and Incentivise. He will join other star trainers in the Hall of Fame such as contemporaries Gai Waterhouse and Chris Waller, and legends from yesteryear such as Bart Cummings, Tommy TJ Smith and Arthur 'Scobie' Breasley. Needless to say, he will also join Black Caviar who had the rare honour of being inducted into the Hall of Fame in 2013 while still an 'active competitor'. 'It's an absolute honour when you look at the trainers who have come before me and no doubt those who will follow,'' Moody said. 'To be inducted into the Hall of Fame, to be recognised in this way is probably the highlight of my career, to be quite honest.'' NSW superstar and seven-time Hong Kong Jockeys' Champion, Zac Purton, will also be inducted into the Hall of Fame, as will former and highly respected broadcaster Johnny Tapp. Purton is a Caulfield Cup and Doncaster Handicap winner, but it's his work in Hong Kong that is truly remarkable. He has won all four of Hong Kong's major international races, and he has won the Hong Kong Derby twice. Throughout his career he has guided across the line 2800 winners with 47 of those at Group 1 level. He will join his father-in-law Jim Cassidy in the Jockey section of Hall of Fame, while Tapp — who has been in the racing game for more than six decades — enters the Hall of Fame in the Associate category. 'It means a lot to me to be recognised by my peers ... it is very humbling,'' Purton said. 'I've been away from Australia for so long but I have been flying the Aussie flag in Hong Kong. 'Most of the world's leading jockeys and trainers aspire to be successful in Hong Kong so being able to prove myself on the world stage was important to me. 'It would have been easier to stay in Australia but I felt it was more of a challenge for me take on the world, so to speak.'' The Hall of Fame ceremony will be held in Queensland on August 31 as part of the Australian Racehorse of the Year awards. Champion horses Hydrogen (from the 1950s) and Mahogany (1990s) will also be given Hall of Fame status. Mahogany won the Victoria Derby, the AJC Derby and the Australian and Caulfield Guineas, while Hydrogen saluted in the Cox Plate in 1952 and 1953. ''The Australian Racing Hall Of Fame is a testament to those who achieved the pinnacle in the sport and the calibre of this year's inductees is nothing short of remarkable,' Australia's Hall Of Fame chair Jason Scott said.
Business Times
6 days ago
- Business
- Business Times
Weighing portfolios' greenback exposure: US exceptionalism has ‘room to run'
[SINGAPORE] Investing in US dollar (USD) assets has been a no-brainer for decades. USD strength was seen as a given – many of its strengths remain today: it is the world's primary reserve currency; it undergirds global trade; and it is also the main currency for issuance of non-US sovereign and corporate debt. But with the fading of the US exceptionalism narrative, private clients are grappling with the big question of whether they should sell or lighten US assets and their USD exposure. The strengthening of Asian currencies such as the Singdollar against the USD has had a material impact on returns from US assets. The price return of the S&P 500 year to date, for example, is around 2.78 per cent in USD. For SGD-based investors, this translates into a loss of 3.6 per cent. Other investors whose home currencies have strengthened face a similar predicament. In euro terms, an investment in the S&P 500 has lost 8 per cent; for yen investors, the loss is nearly 6 per cent. Year to date, the Dollar Index (DXY) has declined by more than 9 per cent. Strategists believe the DXY could bounce from current levels, but the six-to-12-month view is that of continued weakness. The USD's status as a safe-haven asset is being eroded on several fronts – tariff and economic uncertainties, Moody's downgrade of the US' credit rating, and looming questions on the US' debt sustainability. US President Donald Trump's 'Big Beautiful Bill', which has yet to pass in the Senate, is expected to increase the US' deficit by US$2.6 trillion between 2025 and 2034. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up Norman Villamin, UBP group chief strategist, said in a presentation last week: 'We think we've now pivoted to a structurally weak dollar regime. This is an important shift in terms of how we invest going forward. 'Until now, we're used to thinking about everything in dollars, and that's okay as long as the dollar was strong. But now we must think about investments in the context of the currency that we eventually receive.' Currencies of countries with a capital account surplus are set to benefit from USD weakness, he added. UBS downgraded the USD from 'neutral' to 'unattractive' this month, said Hartmut Issel, Apac head of equities and credit at UBS Global Wealth Management. 'We anticipate renewed dollar weakness as the US economy slows and as focus shifts to a potential expansion of the already large US fiscal deficit,' he said. 'We believe the recent stabilisation in the dollar presents a good opportunity to assess dollar needs and use dollar strength to diversify.' Stay diversified; gold benefits Strategically, the most prudent path for investors is to stick to a globally diversified portfolio, as there are assets and currencies that benefit from USD weakness. One is gold, whose price typically rises when the USD is weak. Emerging market assets including Asia ex-Japan equities and bonds also benefit. Gold's standing as a safe-haven asset is further enhanced amid rising geopolitical conflicts. UBP's Villamin has the most optimistic forecast for gold price at US$4,000 an ounce this year. The price currently stands at around US$3,432. It has risen more than 30 per cent year to date. He said: 'Clients ask, can I wait for a pullback to buy? Yes, you can. We still think there's opportunity in gold. But our clients who tried to buy the dips in gold have not been so successful over the past 18 months.' DBS chief investment officer Hou Wey Fook expects gold to be well-bid; DBS has a year-end target price of US$3,765. 'Some key tailwinds include continued central bank reserve diversification and robust investor demand in this new era of heightened risk and uncertainty,' he said. Still, strategists caution against going overboard on the 'sell America' trade – simply because there is yet no alternative to the USD and US corporate earnings remain resilient. Villamin reckoned the US economy would be stronger than consensus expectations. 'We continue to be of the view that the Federal Reserve may cut interest rates, but they are going to cut a lot less than everybody expects,' he said. 'We look at what final demand (based on activity indicators) is doing. For the consumer, not only credit cards, but also auto loans and residential real estate are actually strong and picking up. So all the tariff news and terrible sentiment are bad, but the actual activity is pretty good.' Oxford Economics dismissed expectations of a 'seismic shift' in USD dominance anytime soon – both as a reserve currency and anchor of the global financial system. The sell-off of the USD, equity and fixed income assets is so far driven by three developments unique to the tariff shock, it wrote in a report. One, the hit to demand from tariffs is larger in the US than the rest of the world. Two, international investors are rebalancing their over-exposure to US assets. The third is acute US policy uncertainty. Sell America? Not so fast Strategists remain generally positive on equities, including US stocks. Standard Chartered upgraded global equities in a June advisory, thanks to a 'sharp improvement in near-term outlook'. It has a 'small overweight' on US equities, even as it urges clients to remain diversified. Rajat Bhattacharya, senior investment strategist at the bank's wealth solutions chief investment office, believes the 'sell America' trade is overdone, at least in the near term. 'US policy has turned more pragmatic following the negative feedback from markets on the initial tariff proposals. The Trump administration's focus has shifted to passing a mildly stimulative budget, including tax incentives for companies and households,' he said. Bank of Singapore (BOS) has a 'moderately overweight' call on equities, in favour of European and Asia ex-Japan equities 'on the back of undemanding valuations and better outlooks on support from fiscal and monetary policies', said global chief investment officer Jean Chia. She expects USD-based returns to continue to face headwinds over the next 12 months against currencies such as the euro. Still, the concept of US exceptionalism has room to run, she maintained. 'US dollar dominance will not fade fast due to few alternatives. We would caution against making drastic shifts in holdings on currency considerations alone, and instead consider a balanced portfolio. Many US-based assets remain core holdings for investors in the near to medium term, given the size of the asset base and for company or asset-specific reasons,' she said. DBS' Hou said: 'Rather than attempting the near-impossible feat of timing the market or unpredictable events, staying invested in a well-diversified portfolio allocated across multiple asset classes helps cushion the geographical and currency risk.' Hedging the currency exposure is, of course, an option. BOS' Chia said hedging is reasonable for investors who demand certainty in expected cash flows, and are willing to give up some parts of their return. 'We note that dollar weakness has emerged as a market consensus view – it's priced into the market and is relatively costly. So, the benefits of hedging at the moment differs across investors and/or currency pairs,' she added. A paper by Dimensional Fund Advisors' head of investment research Wei Dai, which examined 12 markets between 1985 and 2019, found that the benefits of hedging would depend on the volatility of the asset relative to the currency. Equities' volatility tends to be greater than that of currencies, and hence hedging a stock portfolio's currency exposure may not reduce overall return volatility. But currency volatility tends to dominate the returns of a bond portfolio, and hedging could help dampen the portfolio volatility.
Yahoo
13-06-2025
- Lifestyle
- Yahoo
8 Small Habits That Can Help Women Over 50 Feel Less Alone
8 Small Habits That Can Help Women Over 50 Feel Less Alone originally appeared on Parade. Over a third of adults between the ages of 50 and 80 feel lonely, according to a 2024 national study in JAMA. More specifically, they feel a lack of companionship 'some of the time' or 'often.' Many women over 50 struggle with loneliness too, for many reasons. They may be experiencing a role change after the loss of a spouse or after their children move out. They may have free time they aren't used to after retiring, or find that their friends don't have as much time to hang women may also face new health challenges, such as menopause. Did you know that menopause can actually exacerbate feelings of loneliness? A 2022 study in Perspectives in Psychiatric Care found that loneliness increases when menopausal symptoms increase. This could be due to feeling alone in the experience and overwhelmed by it. It could also be the fact that hormonal fluctuations can lead to mood swings, and lower estrogen can lead to a lesser need to nurture others. That's all to say that if you're a woman who's 50 years old or older, and you feel alone, you're far from knowing statistics like that can be helpful sometimes. You can also take actionable steps and practice small habits that the keyword here is 'habit,' meaning it's a practice you engage in regularly—not just whenever it comes to mind or only when you feel like a therapist shares eight ideas that can bring you feelings of purpose, connection and Women Who Become Lonelier as They Get Older Usually Display These 6 Subtle Behaviors, Psychologists Say Interacting with other 50+ women in your area is a great way to see you're not alone. Some examples of clubs or activities where you might find these people include 'Women Over 50' Meetup groups or through Stitch (a social community for this population). There are also great side hustles for women over 50, such as consulting and tutoring, and 'slow living' hobbies for women over 50, such as pottery, photography and puzzles. That's only a start.'Consider an activity you used to enjoy, such as dancing or crafting, or trying something new, like a dinner club or a walking group, to meet like-minded people,' says Mandolin Moody, LMSW, a private practice therapist with Gateway to Solutions who helps adults improve their connections with themselves and idea may seem intimidating at first, but before you know it, it'll just be an hour of chatting with new friends and having Goodbye, Boredom! 125 Hobbies To Pick Up in 2025 When you're feeling lonely, gratitude may be the last thing on your mind. As relatable and understandable as that is (and while it has its place), it's not necessarily the most helpful thing to avoid. 'Gratitude and other compassion practices have been proven to increase a shared sense of common humanity and decrease loneliness,' Moody might look like thinking about the relationships you're thankful for or giving money to an unhoused person who hasn't been so lucky.'By connecting to the expansiveness of the human experience, we can offer more compassion toward ourselves and the world as a whole,' Moody On the note of gratitude and compassion, volunteering can help you realize what you have to be thankful for and provide an avenue for spreading love. 'Volunteering is an opportunity to connect with others who share similar passions, build a sense of purpose and engage in your values in a tight-knit community,' Moody says. In today's day and age, connecting with people is much easier. If you can't see them in person, they're just a few clicks away. 'While many loved ones may have moved away or grown distant, we have the advantage of social media, cell phones and other digital ways of connecting with friends and family,' Moody says. 'Give someone a call, or schedule recurring biweekly or monthly calls to catch up with others.'Related: 11 Best Phrases to End a Phone Call, According to Psychotherapists—Plus, What *Not* To DoAnother thing that's great about the internet is that you can interact with people you don't necessarily know, but who understand you. Moody says many individuals find online communities, forums and social media pages to be supportive and positive outlets. Just search phrases like 'women over 50' or 'women who [insert hobby]' on Facebook or Reddit. Maybe your loved ones are busy or asleep, or you're feeling lonely but not in the mood to talk to anyone. Reading or listening to stories online—like an article about how an Apple Watch saved a man's life, or a podcast episode where a celebrity opens up—may be the answer you're seeking.'Engaging in personal storytelling about unique lived experiences can foster a sense of connection to the broader human experience,' Moody Is there a spot on your bucket list you've yet to travel to? Or maybe you're interested in a local community or city a couple of counties over? Or you're curious about another religion and want to visit one of their services? Whatever it is, make plans to make it happen.'Find ways to connect with others from different backgrounds as a way to feel engaged in a new community,' Moody encourages. Consider comforting yourself with memories and by bringing your brain to a time when you were with loved ones. Moody encourages doing this by telling a story (it could be to another person, in a journal or just out loud), or crafting, like scrapbooking with photos and mementos.'Nostalgia can be a helpful emotion in reducing loneliness and increasing gratitude,' she explains. 'Preserving memories through scrapbooks and photo albums is a simple yet effective way to relive past memories and reconnect with cherished feelings.'Plus, did you know that crafting and creativity benefit mental health? A 2024 study in Frontiers in Public Health found they increase life satisfaction, a sense that life is worthwhile and happiness. Artsy activities can even help you live 10 years longer, according to You don't need to experience 'serious troubles' to seek individual therapy or group therapy. Talking to someone (or multiple someones) can be healing and provide connection, especially if you don't get it in many other ways. 'A therapist can offer support and tools to help combat loneliness and reconnect with your sense of purpose,' Moody shares. 'Many people find support groups and other communities helpful for bonding over shared experiences, as well.'Need help finding the right fit? Psychology Today has an online database with therapists, psychiatrists, treatment centers and support groups you can filter feelings of loneliness are valid, *and* they don't have to be something you feel every day, all day. Small habits—whether it's a quick phone call, scrapbook page, gratitude practice or something else—can provide you the company and comfort you crave. Up Next:Mandolin Moody, LMSW, a therapist who helps adults improve their connections with themselves and others Loneliness and Social Isolation Among US Older Adults, JAMA Comparison of the relationship between menopausal symptoms and loneliness and anger,Perspectives in Psychiatric Care Feeling isolated and alone in perimenopause and menopause, A. Vogel Feeling Lonely During Menopause, SureScan Women's Health Clinic Creating arts and crafting positively predicts subjective well-being, Frontiers in Public Health 8 Small Habits That Can Help Women Over 50 Feel Less Alone first appeared on Parade on Jun 13, 2025 This story was originally reported by Parade on Jun 13, 2025, where it first appeared.
Yahoo
10-06-2025
- Politics
- Yahoo
Moody rolls out bill to allow states to assist in immigration enforcement amid violent LA anti-ICE riots
FIRST ON FOX: Sen. Ashley Moody introduced a measure that would enable states to assist in immigration enforcement by allowing non-federal law enforcement officers to act as a "force multiplier" for federal immigration officers. The bill, called "The Reimbursement Immigration Partnerships with Police to Allow Local Law Enforcement Act," or the "RIPPLE Act," is an expansion of the 287 (g) program that enables states to assist in immigration enforcement. Florida Sen Moody Rolls Out Measure To Expedite Removal Of Criminal Illegal Immigrants The bill would expand eligible reimbursable expenses to state and local law enforcement agencies participating in the 287 (g) program. A Moody aide said the bill would also enable non-federal law enforcement agencies to commit already sworn officers to immigration enforcement so that they can act as a "force multiplier" for federal immigration enforcement in the short term, while hiring, training, and on-boarding new federal officers is underway. The aide said that is a "more time-intense process." "Expanding the 287(g) program will provide resources to state law enforcement to more efficiently get dangerous criminals out of our communities," Moody, R-Fla., told Fox News Digital. "Right now, we are watching disorder and chaos spread through California. This bill will ensure that our local, state and federal law enforcement have the resources they need to hold those who break the law accountable." Read On The Fox News App She added: "This lawlessness will not be tolerated." Moody said that as a U.S. Senator, she will "continue to work with President Trump to not only reverse the failures of the Biden administration but ensure that it can never happen again—the RIPPLE Act and The Stop Government Abandonment and Placement Scandals (Stop GAPS) Act are critical steps." Rep. Laurel Lee, R-Fla., introduced the companion legislation in the House of Representatives. "Amid the escalating civil unrest in Los Angeles, our law enforcement officers, with unwavering courage, face life-threatening situations while upholding the rule of law and protecting communities from the chaos of riots," Lee told Fox News Digital. "Their actions demonstrate a selfless dedication to preserving our nation's security and values." Lee said the bill "ensures that local law enforcement officers have the support they need to help enforce immigration laws." Patel Promises Fbi Coming For Anyone Assaulting Cops As Los Angeles Erupts Over Ice Raids "By covering overtime pay and key personnel costs, this bill ensures that local, state, and federal law enforcement officers can work together to stop the chaos and lawlessness in California, and to ensure our immigration laws are followed across America," Lee said. The introduction of the legislation comes amid violent riots in Los Angeles, Calif., with demonstrators violently protesting Trump administration immigration enforcement efforts. The president has deployed thousands of National Guardsmen and women to the streets of Los Angeles. The president also authorized 700 Marine officers to help protect federal buildings and federal law enforcement. Meanwhile, Moody also introduced a bill that would strike existing law that allows the Office of Refugee Resettlement (ORR) to place unaccompanied children with any adult or entity seeking custody. The bill, called the "Stop Government Abandonment and Placement Scandals Act," or the "Stop GAPS" Act, would require ORR to work with states to help find homes and proper placements for minors. It would also require ORR to track these children for the duration of their stay in the U.S. while immigration proceedings are ongoing. ORR is a division of the Department of Health and Human Services that is responsible for coordinating the care and placement of refugees—including unaccompanied children who arrive in the United States. Federal Officials Slam Democrats For 'Dangerous' Rhetoric As Ice Agents Face Violent Mobs In La, Nyc According to Moody's office, when children arrive in the United States without a parent or legal guardian, they are initially processed by U.S. Customs and Border Protection (CBP) or U.S. Immigration and Customs Enforcement (ICE). They are then transferred to the custody of the ORR, which is then responsible for their care and placement. A Moody aide told Fox News Digital that the Biden administration "infamously lost track of tens of thousands of unaccompanied immigrant children, many of whom were placed into dangerous situations." "The Biden administration did historic damage to our country's immigration and national security structures, putting our nation and unaccompanied children at risk, and turning federal agencies into middlemen for mass human trafficking operations," Moody told Fox News Digital. "As Florida's Attorney General I fought constantly in court to stop the intentional destruction of our border and trafficking of minors."Original article source: Moody rolls out bill to allow states to assist in immigration enforcement amid violent LA anti-ICE riots
Yahoo
10-06-2025
- Climate
- Yahoo
Jacksonville demonstration shows solidarity for Los Angeles anti-ICE protests
Welcome to the Tuesday edition of Jacksonville's Morning News for June 10, 2025. First Alert Meteorologist Garrett Bedenbaugh is tracking more storms today along with continued heat. High temperatures will return to the 90s today before rain and storm coverage increases in the afternoon. A summer-time pattern continues with daily rounds of showers and thunderstorms alongside hot and humid conditions. Three Big Things to Know: People gathered in Jacksonville to stand in solidarity with protestors in Los Angeles calling for an end to immigration raids. "I think that its really important that when people are scared like this they feel like they cant come out to these protests they feel like they cants be visible so we have to be visible for them.', said Jamison Collin-Morita with the Jacksonville Immigrant Rights Alliance. Many protesters say they'll be back today to stand against a proposed ordinance before City Council. It would block any city money from going to undocumented migrants. President Donald Trump has authorized the deployment of an additional 2,000 National Guard members to help respond to protests in Los Angeles over immigration raids. The authorization came after a day of mostly peaceful protests Monday. The 2,000 Guard members are an addition to the 2,100 Guard troops the president previously mobilized for the protests Sunday morning. Trump also deployed 700 Marines to help them Monday. Governor Gavin Newsom called the deployments reckless and 'disrespectful to our troops.' Trump said Monday that the city would have been 'completely obliterated' if he had not deployed the Guard. A teenager is seriously hurt in a crash involving an e-bike in Nocatee. The boy failed to stop for a vehicle at Rialto Drive and Nocatee Village Drive late yesterday afternoon when he was hit. He was taken by helicopter to a hospital for treatment. This comes just days after St. Johns County leaders decided against an ordinance that would add stricter rules for children riding e-bikes. Commissioners were considering a ban on kids under 14 from riding them, and setting strict speed limits. Instead, they passed a resolution encouraging riders to be safe. Florida Senator Ashley Moody is pushing a bill that could make it easier to remove illegal immigrants. Moody and other Republicans announced yesterday they have introduced the REMOVE Act. It calls for removal proceedings to be concluded within fifteen days after they begin. Moody says this legislation is critical to allow for the prompt removal of aliens who have already been ordered removed. The agency formed to grow Jacksonville's downtown has a new leader. The Downtown Investment Authority hired Colin Tarbert as its new CEO yesterday. He comes from Baltimore where he worked in economic development. Tarbert replaces Lori Boyer, who's retiring after six years in the role. Jacksonville Mayor Donna Deegan says Tarbert has the experience, vision and passion needed to build on downtown's fast-growing momentum.
