American - Journalist | -
I shut down social media because I needed to shut out online distractions and engage with the people, issues, and work right in front of me.
Kelly Evans
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Fans of the hit HGTV show 'Fixer Upper' are well aware that its stars, Chip and Joanna Gaines, live on a farm in Waco, Texas. Nearly every episode features some kind of montage of their four kids romping outside with various kinds of farm animals, from pigs to horses to goats.
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Betting that markets will be 'volatile' is like betting the weather will be partly cloudy. It's a smart-sounding strategy that doesn't mean much.
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In his new autobiography, 'Capital Gaines,' Chip talks about the farm work - and he says he does, in fact, do it himself.
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Twitter was actually the holdout in what has turned out to be my total purge of social media.
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I had been one of the earliest social media adopters, driven by a mix of curiosity and enthusiasm for the way in which it levels borders and connects people who couldn't really have connected otherwise.
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Not enough children being vaccinated against measles, mumps, and rubella because their parents, for whatever reason, have decided that it is voluntary.
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Strong credit markets give companies borrowing options to boost their stock prices while making bearish investors scramble to close out trades before losing any more money, both of which then push the stock market even higher and continue the self-reinforcing bullish cycle.
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The billionaire founder of investment firm Elliott Management was one of several investors who warned financial ministers in 2007 that a crack in the housing market could cause huge problems for the banking industry.
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Typically in a panic, corporate bonds sell off as investors fear weaker growth, tighter financial conditions, or need liquidity.
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Britain's FTSE 100 stock index has not just recovered from its post-vote low close below 6,000. It has surged to close at nearly 6,600. That's its highest closing value yet of 2016, and within reach of its all-time highs.
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A cheaper British currency could be a crisis if its swift move provoked a broader financial crisis, which it has not, or if it triggered massive inflation. For now, cheaper sterling will hurt some British households and enterprises while being a boon for others.
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