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Entertainment

All of the Pop Tradition References on Reservation Canine

The importance of pop culture on Reservation dogs is rooted in his name, which is an interpretation by Quentin Tarantinos Reservoir Dogs. “Pop culture is important because in these rural areas, especially now with the internet and everything, you have that,” said creator Sterlin Harjo Weekly entertainment. “You know the Wu-Tang clan, you know Tupac, you know all the movie references, you know Quentin Tarantino. Whether it’s a shot-for-shot remake or a cheeky character name, we’ve listed some of the biggest film and TV references in the series below.

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Entertainment

Charlie Watts, el baterista de los Rolling Stones que nunca deseó ser ídolo pop

Charlie Watts, whose powerful but unobtrusive drums set the pace of the Rolling Stones for more than 50 years, died in London on Tuesday. He was 80 years old.

His death in a hospital was announced by his publicist Bernard Doherty. Further details were not immediately disclosed.

The Rolling Stones announced earlier this month that Watts would not be participating in the band’s upcoming “No Filter” tour of the US after undergoing unspecified emergency medical treatment that the band officials said was successful.

Restrained, dignified and graceful Watts was never more extravagant, on or off the stage, like most of his rock stars, let alone Stones singer Mick Jagger; he was content to be one of the best rock drummers of his generation and to play with a jazz influenced swing that made the band’s gigantic success possible. As Stones guitarist Keith Richards said in his 2010 autobiography Life, “Charlie Watts was always the bed I lay in musically.”

While some rock drummers hunted for volume and bombast, Watts defined his game with subtlety, swing, and a solid groove.

“The snare sound of Charlie Watts is similar to Mick’s voice and Keith’s guitar that of the Rolling Stones,” wrote Bruce Springsteen in an introduction to the 1991 edition of drummer Max Weinberg’s book The Big Beat. “When Mick sings: ‘It’s only rock’n’roll but I like it’ [Es solo rock ‘n’ roll pero me gusta]”Charlie is here to show you why!”

Charles Robert Watts was born in London on June 2, 1941. His mother, Lillian Charlotte Eaves, was a housewife; his father, Charles Richard Watts, was with the Royal Air Force and became a truck driver for British Railways after World War II.

Charlie’s first instrument was a banjo, but confused by the finger movements required to play it, he took off her neck and turned her body into a clear box. He discovered jazz at the age of 12 and soon became a fan of Miles Davis, Duke Ellington and Charles Mingus.

In 1960 Watts graduated from the Harrow School of Art and found employment as a graphic designer with a London advertising agency. He wrote and illustrated Ode to a Highflying Bird, a children’s book about jazz saxophonist Charlie Parker (although it wasn’t published until 1965). In the evenings he played drums with various groups.

Most were jazz combos, but he was also invited to join Alexis Korner’s raw rhythm-and-blues collective Blues Incorporated. Watts declined the invitation because he was leaving England to work as a graphic designer in Scandinavia, but he joined the group when he returned a few months later.

The newly formed Rolling Stones (then Rollin ‘Stones) knew they needed a good drummer, but they couldn’t afford to pay Watts, who was already earning a regular salary through his various concerts. “We are starving to pay you!” Wrote Richards. “Literally. We were shoplifting to get Charlie Watts.”

In early 1963, when they could finally guarantee £ 5 a week, Watts joined the band, completing the canonical line-up of Richards, Jagger, guitarist Brian Jones, bassist Bill Wyman and pianist Ian Stewart. He got involved with his bandmates and immersed himself in Chicago blues records.

After the success of the Beatles, the Rolling Stones quickly developed from a group specializing in electric blues to one of the most important bands of the British invasion of the 1960s chart top hit “(I Can’t Get No) Satisfaction”, Watts’ drum Pattern was also important. He was tireless on “Paint It, Black” (Number One in 1966), flexible on “Ruby Tuesday” (Number One in 1967) and the master of the cowbell groove with a little funk on “Honky Tonk Women” (Number One in 1969).

Watts was ambivalent about his fame as a member of the group often referred to as “the best rock ‘n’ roll in the world”. As he said in the 2003 book According to the Rolling Stones, “I loved playing with Keith and the band – I still do – but I wasn’t interested in being a pop idol with that seated screaming girl. It’s not the world I’m from. It’s not what I wanted to be and I still think it’s silly. “

Over the years Watts used his graphic arts education to help design the sets, merchandise and album art for the band; He even added a comic strip to the back of the 1967 album Between the Buttons. While the Stones cultivated their bad boy image and indulged in a collective appetite for debauchery, Watts avoided sex and drugs. In 1964 he secretly married Shirley Anne Shepherd, an art student and sculptor.

During the tours he went back to his hotel room alone; every night he drew his room. “Since 1967 I’ve drawn every bed I’ve slept in on the go,” he told Rolling Stone magazine in 1996. “It’s a fantastic non-book.”

While other members of the Stones fought for control of the band, Watts stayed largely out of domestic politics. As he told The Weekend Australian in 2014, “I usually mumble in the background.”

Jones, who considered himself a front man, was fired from the Stones in 1969 (and found dead in his pool shortly afterwards). Jagger and Richards spent decades in poor conditions, sometimes making albums without being in the studio at the same time. Watts was happy to work with either or both.

However, there was one occasion on which Watts complained about being treated as an employee rather than an equal member of the group. In 1984 Jagger and Richards went out for a drink in Amsterdam one evening. When they got to their hotel around 5am, Jagger Watts called, woke him up and asked, “Where’s my drummer?” Twenty minutes later Watts appeared in Jagger’s room, coldly enraged but clean-shaven and smartly dressed in a Savile Row suit and tie.

“Never call me your drummer again,” he said to Jagger before grabbing his lapel and giving him a proper hook. Richards said it barely saved Jagger from falling out a window into an Amsterdam canal.

“It’s not something I’m proud of and if I hadn’t been drinking I never would have,” said Watts in 2003. “The bottom line is, don’t bother me.”

At that time, Watts was in the early stages of a midlife crisis that manifested itself in a two-year rampage. Just as the other Stones got into moderation in their 40s, he became addicted to amphetamines and heroin, which nearly destroyed his marriage. After passing out in a recording studio and breaking his ankle falling from a ladder, he suddenly put it down.

Watts and his wife had a daughter, Seraphina, in 1968 and after a stay in France as a tax exile, they moved to a farm in south-west England. There they bred award-winning Arabian horses and gradually expanded their kennel to over 250 horses on 280 hectares of land. No information was initially available about his survivors. His publicist Doherty said Watts “died peacefully” in the hospital, “surrounded by his family”.

The Rolling Stones recorded 30 studio albums, nine of which topped the American charts and ten the British charts. The band was inducted into the Rock & Roll Hall of Fame in 1989, a ceremony Watts did not attend.

Over time, the Stones decided to release an album every four years, followed by an extremely lucrative world tour. (They raised more than $ 500 million on their “Bigger Bang” tour between 2005 and 2007).

But Watts’ real love was still jazz, and the time between these tours he filled with jazz groups of different sizes: the Charlie Watts Quintet, the Charlie Watts Tentet, the Charlie Watts Orchestra. But soon he would be back with the Stones, playing in sold-out stadiums and making beds in empty hotel rooms.

He was not held back by age, not by cancer of the throat in 2004. In 2016, Metallica’s drummer Lars Ulrich told Billboard that he saw Watts as his role model because he wanted to keep playing until he was 70. “The only roadmap is Charlie Watts,” he said.

Even so, Watts kept the pace on a simple four-part drum kit and anchored the Rolling Stones show.

“I always wanted to be a drummer,” he told Rolling Stone in 1996, adding that he envisioned a more intimate environment for rock shows in stadiums. “I always had the illusion that I was in the Blue Note or Birdland with Charlie Parker before it. It didn’t sound like it, but that was the illusion I had ”.

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Entertainment

Police in China Detain Canadian Pop Star Kris Wu on Suspicion of Rape

The police in Beijing said Saturday they had detained Kris Wu, a popular Canadian Chinese singer, on suspicion of rape amid a #MeToo controversy that has set off outrage in China.

The police did not provide details of their investigation into Mr. Wu. But it comes several weeks after an 18-year-old university student in Beijing accused him of enticing young women like herself with the promise of career opportunities, then pressuring them into having sex.

Known in China as Wu Yifan, Mr. Wu, 30, is the most prominent figure in China to be detained over #MeToo allegations.

He rose to fame as a member of the Korean pop band EXO, then started a successful solo career as a model, actor and singer. Though he denied the allegations when they first surfaced, they set off an uproar that led at least a dozen companies, including Bulgari, Louis Vuitton and Porsche, to sever ties with the singer.

The Chaoyang District branch of the Beijing police said in a statement on social media on Saturday night that it had been looking into accusations posted online that Mr. Wu “repeatedly deceived young women into sexual relations.” It said that Mr. Wu had been detained while the criminal investigation continued.

Mr. Wu’s accuser, Du Meizhu, has said publicly that when she first met Mr. Wu in December last year, she was taken by the singer’s agent to his home in Beijing for work-related discussions. She said that she was pressured to drink cocktails until she passed out, and later found herself in his bed.

They dated until March, according to her account of the events, when he stopped responding to her calls and messages. She has also said she believed that he targeted other young women.

Mr. Wu’s lawyer did not immediately respond to requests for comment. Ms. Du could not be reached.

It was not immediately clear if the police were specifically investigating Ms. Du’s claims. In a statement in July, the police had released what appeared to be preliminary findings about Ms. Du’s allegations. The police had said Ms. Du had hyped her story “to enhance her online popularity,” an assessment that was criticized by her supporters as victim shaming.

The outpouring of support for Ms. Du was a sign that the country’s nascent #MeToo movement continues to grow despite the government’s strict limits on activism and dissent. After Ms. Du spoke out, her supporters flooded the social media pages of several brands, threatening boycotts if they did not drop their partnerships with Mr. Wu, a campaign that quickly forced the companies to distance themselves from him.

The accusations have triggered a heated debate on issues like victim-shaming, consent and abuse of power in the workplace — concepts that had rarely featured in mainstream discussions before the #MeToo movement went global.

The authorities in China often discourage women from filing sexual misconduct complaints, and sexual assault or harassment survivors are frequently shamed and even sued for defamation. Censorship and limits on dissent have also stymied efforts among feminist activists to organize, even as trolls are given cover to spew abuse.

Yet the high-profile nature of the controversy made Ms. Du’s allegations impossible to ignore for Chinese authorities, who are always on the lookout for what they deem to be potential sources of social unrest.

The police announcement, posted on the country’s popular Weibo social media platform, immediately started trending, drawing more than six million likes.

Lu Pin, a New York-based feminist activist, said the detention of Mr. Wu was a major step forward for the #MeToo movement in China.

“Regardless of what the motivation of the police may have been, just the fact that he was detained is huge,” Ms. Lu said.

“For the last three years, a number of prominent figures have faced #MeToo accusations but nothing ever happened to them,” Ms. Lu said. “Now with Wu Yifan, #MeToo has finally taken down someone with real power in China — it has shown that no matter how powerful you are, rape is not acceptable.”

The detention of Mr. Wu comes amid a broader government crackdown on the entertainment industry.

In recent years, Chinese authorities have moved aggressively to clean up the industrywide problem of tax evasion and to cap salaries for the country’s biggest movie stars. In June, the country’s internet watchdog began a crackdown on what it called the country’s “chaotic” online celebrity fan clubs, which the government has come to see as an increasing source of volatility in public opinion.

The People’s Daily, the mouthpiece of the ruling Communist Party, depicted Mr. Wu’s detention as a warning to celebrities that neither fame nor a foreign citizenship would shield them from the law.

“A foreign nationality is not a talisman. No matter how famous one is, there is no immunity,” the propaganda outlet wrote. “Remember: The higher the popularity, the more you must be self-disciplined, the more popular you are, the more you must abide by the law.”

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Health

Peter Thiel-backed psychedelic start-up’s shares pop in Wall Avenue debut

Peter Thiel-backed psychedelic start-up Atai Life Sciences soared on Friday on its first day of trading on Wall Street.

The newly listed Nasdaq stock opened 40% before falling a little.

The German biotech company’s IPO on Thursday evening was $ 15 per share, the upper end of the expected range. The company, which aims to make psychedelic drugs for the treatment of mental disorders, raised $ 225 million on a valuation of $ 2.3 billion.

Atai is the third psychedelic biotech company to go public in the US, following in the footsteps of MindMed, which went public on Nasdaq in April, and Founder Fund-funded Compass Pathways, which listed in September were. As of Thursday’s close, Compass Pathways is up 26% since it debuted, and MindMed, which was just announcing the resignation of its CEO, has been down about 19% since it went public.

Each biotech develops therapies with the psychedelic mushroom compound psilocybin, LSD and MDMA derivatives for the treatment of addiction and mental illnesses such as depression, anxiety, schizophrenia and traumatic brain injuries. Three years after its inception, Atai Life Sciences has 10 therapeutic programs in its pipeline, each in different phases of clinical trials.

Atai founder and chairman Christian Angermayer said Friday on CNBC’s “Squawk Box”: “The world we are building is a bad place for our brains, so mental health problems will increase. Portfolio to end the mental health crisis . “

Investor interest in psychedelic treatments has grown as the medical community’s interest in these therapies has grown.

Centers for psychedelics and psychology include Johns Hopkins University, Yale University, University of California, Berkeley, and the Icahn School of Medicine. Recent studies showing MDMA’s promise in treating post-traumatic stress disorder and the effectiveness of psilocybin, a hallucinogenic chemical found in psychedelic mushrooms, in treating drug-resistant depression have only increased interest in the area.

Angermayer was an early investor in Compass Pathways, and his own company, Atai, serves as the holding company for various psychedelic startups seeking alternative treatments for mental illness. He told CNBC on Friday that new age biotechs are building on centuries of practice in shamanic cultures and religions.

There are currently federal restrictions on psychedelic mushrooms, MDMA – commonly known as molly or ecstasy – and LSD around the world. However, Oregon became the first US state to legalize psychedelics for therapeutic use last year. Washington, DC residents also recently voted to decriminalize the use of psychedelics for medical purposes.

Atai Life Sciences listed on Nasdaq for its IPO on June 18, 2021.

Source: Nasdaq

Angermayer insists that government approval of these drugs for therapeutic purposes for the mentally ill could make a big difference. “They are very, very strong drugs, but they must be taken under supervision. … You will trip while sitting with your therapist.”

Atai Life Sciences are, among others, the billionaire Thiel as well as Mike Novogratz’s Galaxy Investments and Angermayer’s own Apeiron Investment Group.

According to venture capital tracker CB Insights, VC deals in psychedelics have grown significantly over the past three years: less than $ 100 million in venture capital was invested in psychedelic startups in 2018 and 2019, but $ 346 million in 2020. By April 2021, VCs had already invested $ 329 million in the industry.

It’s no wonder Atai’s was oversubscribed more than 12 times, according to a market source that asked to remain anonymous due to the nature of the discussion. “A good part was taken over by existing investors,” said the person, adding that Thiel was the largest existing investor and that he would be “doubled” when it went public.

Mutual fund Palo Santo said it made a notable stake in Atai’s initial public offering. “There is an urgent need to address our broken mental health system,” said Daniel Goldberg, co-founder of Palo Santo, in a statement. “We believe psychedelics will expand treatment options and transform the outdated system.”

Atai filed an S-1 filing with the Securities and Exchange Commission in April that showed it raised a total of $ 362.3 million from private investors at the time.

The company, which describes itself as a drug development platform, was founded to acquire, incubate, and develop psychedelics and other drugs used to treat depression, anxiety, addiction, and other mental illnesses.

Atai, which employs around 50 people in offices in Berlin, New York and San Diego, currently works with 14 companies focused on drug development and other technologies.

In exchange for a controlling interest in the drugs and technologies they develop, Atai helps scientists raise money, work with regulators, and conduct clinical trials. None of Atai’s drugs have yet been officially approved by regulatory agencies.

Thiel invested $ 11.9 million in Atai in November through his venture firm Thiel Capital.

“Atai’s great virtue is to take mental illness as seriously as we should all have taken illnesses all along,” said Thiel, the co-founder of Palantir and PayPal, in a statement shared with CNBC at the time. “The company’s most valuable asset is its sense of urgency.”

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Entertainment

How Lonnie Smith Discovered an Unlikely New Collaborator: Iggy Pop

In 2018 Iggy Pop recorded two covers for an upcoming album from soul jazz pioneer Dr. Lonnie Smith up. At first, the punk icon couldn’t quite find the groove, said guitarist Jonathan Kreisberg, who was in the studio that day. Then something clicked.

“Suddenly, in the middle of the setting, it just started to sound really in my pocket and had all that energy,” recalled Kreisberg. “I turned my head and looked through the control room glass at the room he was in, and he had his shirt off. He had become Iggy Pop. “

Pop’s cover of Donovan’s “Sunshine Superman” and Timmy Thomas “Why Can’t We Live Together” will be released on Blue Note Records on Friday in Smith’s joyous, intimate “Breathe”. The remainder of the album, which includes a four-part horn section, guest voices from Alicia Olatuja, and a reconfigured tune from Thelonious Monk, comes from a week of appearances at New York’s now-closed Jazz Standard, a run that doubles as the 75th birthday celebration for “Doc.”

As he nears 80, Smith is just doing what he’s always done: working together, arranging, and playing the organ with a restrained virtuosity that brings the feeling of lightning. Not much has changed since he released his first album “Finger-Lickin ‘Good Soul Organ” in 1967. But Smith still finds new listeners – including a well-known rock star. And his organ hasn’t lost an ounce of soul.

Originally from Buffalo, NY, Smith started playing the organ when a local instrument dealer gave him a Hammond B3 as a gift. The music of Jimmy Smith and Bill Doggett found him at the same time.

“I just loved the sound of the instrument,” said Smith, who currently lives in Fort Lauderdale, Florida, in a telephone interview. “It’s an orchestra. It’s a bass. And it’s a soloist. I mean you did everything right. “

Smith moved to New York City in the mid-1960s and began recording albums by guitarist George Benson and saxophonist Lou Donaldson. His LP with Donaldson – most notably “Alligator Bogaloo” from 1967 and “Everything I Play Is Funky” three years later – became part of the foundation of soul jazz, an ecstatic, organ-heavy subgenre that fused jazz with funk and R&B. Despite a plethora of good organists in the 1960s – Smith’s contemporaries included Shirley Scott, Richard “Groove” Holmes, Reuben Wilson, and Jimmy McGriff – Benson and Donaldson chose Smith. You still stay in touch; Donaldson visited and Benson had called two days before this interview.

“I liked the feeling, and you must have liked the feeling, too,” said Smith. “I guess. We had a ball when we played. You feel at home when you play with certain people. And that’s a great thing. Because everyone sounds good but they don’t feel good. Or they don’t play well together That’s the thing about music. “

It was around this time that Smith began recording his own albums, including a quartet of classic releases for Blue Note between 1969 and 1970: “Turning Point”, “Think!”, “Drives” and “Move Your Hand”. (Smith left the label in 1970 and returned in 2016.) His version of Blood, Sweat & Tears’ “Spinning Wheel” was sampled by A Tribe Called Quest in 1990, and more recently the title track of “Move Your Hand” became a favorite of Pop.

“I kept hearing ‘Move Your Hand’ in my family in Florida, and the neighbor across the canal has cockatoos,” said Pop. “I played Barry White that day,” and the birds were calm. “But when I was playing ‘Move Your Hand’ they started screaming.” He laughed.

The relationship between Smith and Pop came naturally – Pop went to a Smith gig and they started talking. Pop later suggested the covers. He was a fan of “Why Can’t We Live Together?” Which Drake had sampled since its release in 1972 on Hotline Bling. And Smith had previously reported on “Sunshine Superman” in “Move Your Hand”.

“I like the way it sounded,” said Smith of Pop’s appearances on his album. “Of course. You know when people try to overdo it? Again? You don’t have to do that. He just did what he did.”

Pop, who will turn 74 next month, had previously worked with artists on the fringes of jazz, like bassist and producer Bill Laswell, but never with an artist so deeply rooted in tradition. And, true to the jazz form, there was essentially no rehearsal.

“I’d never done a proper jazz session before, so I was, you might say, my best demeanor,” Pop said with a laugh. “And, you know, we do that and then I would watch him, and that’s about it. With everybody. We didn’t really talk about the arrangement, just looked for clues. “

“Breathe” is technically the second time Smith and Pop have worked together. At the show they first met, Smith once took his DLS Electric Walking Stick, a Slaperoo reed and percussion instrument. Pop played it that night too, and a bond was formed over the most unlikely instrument.

“I played it through the audience and he was over there and I let him play it,” said Smith. “And we decided to do it. Do it together. And it worked. It worked. “

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Business

Virgin Galactic shares pop as firm plans to redo spaceflight take a look at as early as Feb. 13

SpaceShipTwo “Unity” on the runway after an abandoned space test on December 12, 2020.

Virgo Galactic

Virgin Galactic is preparing for the next space flight attempt. The company announced on Monday that it will repeat its canceled flight test in December on February 13th.

The space tourism company said one of the main goals of the space flight test will be “to test the remedial actions that have been completed since … the on-board computer stopped the rocket motor firing”.

“The team has since performed root cause analysis, completed the necessary corrective work and conducted extensive ground tests. The next phase will be to evaluate and verify this work during a missile flight,” Virgin Galactic said in a press release.

Virgin Galactic’s shares rose up to 9% in premarket trading from the previous close of trading.

Virgin Galactic will also pursue each of the original goals of the December flight test, “including evaluating elements of the customer’s cabin, testing spacecraft-to-ground live-stream capability, and evaluating the improved horizontal stabilizers and flight controls during the boost phase of the In flight, “said the company.

Following the flight test, Virgin Galactic said it would “conduct a comprehensive data review” to provide “information on the next steps in the flight test program.” Prior to the canceled December flight, Virgin Galactic had expected to conduct three remaining space flight tests before launching commercial flights. The second and third space flight tests were previously planned for the first quarter of 2021.

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World News

Fund supervisor warns Biden’s spending plan might pop inventory market bubble

People gather on Wall Street in front of the New York Stock Exchange, October 25, 1929.

Ullstein picture | Getty Images

President-elect Joe Biden’s Covid spending plan could restore financial conditions leading up to the Wall Street crash of 1929, with rising inflation possibly causing the bursting of an “epic” stock market bubble, according to a hedge fund manager.

The comments come shortly after Biden outlined the details of a $ 1.9 trillion bailout to help households and businesses through the coronavirus pandemic.

David Neuhauser, executive director of the small Chicago-based hedge fund Livermore Partner, said Biden’s spending plan was an attempt to mimic the “roaring 20s” by getting people back on the workforce quickly.

“But be careful, the ‘roaring 20s’ led to the stock market crash and the Great Depression in 1929. So be careful what you want,” he added.

If the American Rescue Plan is passed by the new democratically-controlled Congress, it will include $ 1 trillion in direct aid to households, $ 415 billion to fight the virus, and approximately $ 440 billion to small businesses.

“We don’t just have an economic need to act now – I think we have a moral obligation,” Biden said Thursday as he announced his plan from his interim headquarters in Delaware.

The former vice president is due to be inaugurated on January 20th.

US President-elect Joe Biden speaks out on January 14, 2021 at the Queen Theater in Wilmington, Delaware, on the public health and economic crises.

Jim Watson | AFP | Getty Images

When asked if investors should be concerned that the president-elect’s spending plan could lead to an event like the stock market crash of 1929, Neuhauser replied, “I think so.”

“You are seeing this massive $ 1 trillion deficit spending due to a pandemic that the world has naturally stopped for the past nine months, and the goals, of course, are, ‘We’re going to get a vaccine (and) we’re going to get through this,” said Neuhauser opposite CNBC’s “Squawk Box Europe”.

“We still don’t know how quickly and how quickly we can get through this. We also don’t know what global growth will look like in the years to come.”

After the stock market crash of October 29, 1929, the S&P 500 fell 86% in less than three years and did not exceed its previous high until 1954.

Neuhauser cited the expectation that US GDP (gross domestic product) could grow by 6% in 2021, but warned that growth is likely to normalize at a rate between 2% and 3% in subsequent years. An aging US population and massive corporate and national debt would also mean it’s likely a “hard road”, he said.

Neuhauser’s view, however, is not a consensus. James Sullivan, head of Asia Ex-Japan Equity Research at JPMorgan, told CNBC on Friday that Biden’s plan was more than double what the bank had expected.

So it was a “positive surprise” for the market and for general US growth in the years to come.

Separately, Goldman Sachs analysts increased their estimates of US household spending in the news in a release on Friday.

They noted that Biden’s proposal on individual stimulus payments, unemployment benefits, state tax subsidies and public health funding went further than expected, but stressed that he faced hurdles in going through Congress.

Inflation warning

US stock futures were lower Friday morning, with contracts linked to the Dow Jones Industrial Average falling 89 points while the S&P and Nasdaq both traded in negative territory. The major US indices are currently on track to close the lower week to date.

Even so, the Dow and Nasdaq posted new all-time highs for the day in the previous session, while the S&P closed around 0.81% of its record high.

“The market is trying to figure out which narrative they should go with. And in the past nine months it has risen almost in a straight line in relation to the stock markets,” said Neuhauser.

“I think what happens in the end is that (there) so much is going to be built into the market and (we) will eventually start inflationary factors coming in. Those are the things that will ultimately burst the epic bubble.”

Earlier this week, data showed that US consumer prices rose in December on a spike in gasoline prices, but underlying inflation remained relatively low. The U.S. Department of Labor announced Wednesday that its consumer price index rose 0.4% last month, after rising 0.2% in November.

In the 12 months to December, the CPI rose 1.4% after rising 1.2% in November. The numbers were largely in line with economists’ expectations.

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Entertainment

How Pop Music Fandom Turned Sports activities, Politics, Faith and All-Out Battle

In October, after “Chromatica” registered as a humble hit, Grande’s new album “Positions” was released online before its official release. Cordero, who liked Grande well enough but found her new music was missing, shared a link to the unreleased songs, much to the dismay of Grande fans, who feared the fake versions would hurt the singer’s commercial prospects.

Grande fans took on the role of volunteer internet detectives and spent days playing Whac-a-Mole, tagging links to the unauthorized album as they proliferated on the internet. But Cordero, bored and sensing her agita, decided to bait her even further by falsely tweeting that he had later been fined $ 150,000 by Grande’s label for spreading the leak. “Is there any way I can get out of here,” he wrote. “I’m so afraid.” He even shared a picture of himself crying.

“They were happy,” said Cordero, dizzy, of the Grande fans he had deceived and who spread far and wide that the leaker – no less a Gaga lover – was being punished. “I’m sorry, but I have no compassion,” wrote a Grande supporter on Reddit. “Invite him, take him to jail. You can’t release an album by the world’s greatest pop star and expect no consequences. “

This was the pop fandom of 2020: competitive, arcane, sales-obsessed, sometimes pointless, messy, controversial, amusing, and a little bit scary – all almost entirely online. While music has long been intertwined with internet communities and the rise of social networks, a growing group of the loudest and most dedicated pop enthusiasts have adopted the term “Stan” – taken from the 20-year-old Eminem song about a superfan turned into a killer became a stalker – redefining what it means to love an artist.

On Stan’s Twitter – and its branches on Instagram, Facebook, TikTok, Tumblr, and various message boards – these followers compare # 1 and streaming stats like sports fans getting averages, championship wins, and shooting percentages. They undertake to remain loyal to their favorites such as the most rabid political partisans or religious supporters. They organize to win awards shows, increase sales, and raise money like grassroots activists. And they band together to molest – or molest and even dox – those who might dare to belittle the stars with which they have aligned.

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Entertainment

One Large Pop Star + One Large Pop Star = an Simpler Path to No. 1

If you’re looking for a single week to capture the history of pop music this year – or maybe make big hits in the streaming era – zoom in on April 26, 2020.

Since March, the time has passed cloudy. So if you need a refresher, this was the week America officially topped a million cases of Covid-19. British Prime Minister Boris Johnson returned to work after his own battle against the virus and White House officials reassured the American public that the President of the United States had not actually proposed injecting bleach into the bloodstream.

In the music world, the news was more benevolent. On April 29, Beyoncé and Megan Thee Stallion released a remixed, collaborative version of “Savage,” the boastful Megan solo track that had already taken TikTok by storm. Two days later another came: Doja Cat’s summery “Say So”, now with additional verses from her stylistic ancestor Nicki Minaj. Billboard watchers embarked on an epic chart fight, if only because everything else in the world was unimaginably depressing.

After the numbers for the Hot 100 table on May 16 were determined, Doja Cat and Nicki Minaj’s “Say So” prevailed, with Megan and Beyoncé’s “Savage (Remix)” finishing in second place. It was a victory for everyone four: This marked the first time four black women finished top two on Billboard’s Hot 100 table. And two weeks later, when “Savage (Remix)” rose to number 1, this feeling of a shared coronation was even more noticeable.

Uniting the fan army, these high-profile duets were the latest iteration of one of the top pop trends of the year. From May 16 through August 8, every song that topped the Billboard Hot 100 was a paired collaboration. In a year that sanctioned social distancing and loneliness, our pop stars banded together like never before.

OK, maybe not like never before. Musical collaborations are common in every era, and it’s no coincidence that all three of the longest-reigning No. 1 Hot 100s of all time are the product of multiple artists: the country rap handshake of Lil Nas X and Billy Ray Cyrus 2019 Remix “Old Town Road”; The global juggernaut “Despacito” from 2017, originally published by Luis Fonsi and Daddy Yankee, then received an English-language boost with a remix by Justin Bieber. and Mariah Carey and Boyz II. 1995 All-Star Tear Rider “One Sweet Day,” a Voltron-like union of two R&B powerhouses from the 1990s.

If a single genre can address multiple gen reformats, cultural backgrounds, and fandoms, it has the potential to shift more units – that’s just simple math. But in a pop music moment dominated by streaming numbers, passionate Stan communities, and algorithmic skill, it becomes even clearer why A-list collaborations have proven to be the safest chart betting. Let’s call it the Avengers era of pop music.

Take “Rain on Me”, Lady Gaga and Ariana Grande’s house-pop team, for example, which ranked # 1 on June 6th, a week after “Savage (Remix)”. This was the second single from Gaga’s album “Chromatica” after “Stupid Love”, a dance floor thumper that scored respectably, if not spectacularly, on the Hot 100 and reached number 5. “Rain on Me” easily topped it. It now more than doubles the tracks on “Stupid Love” on Spotify (474 ​​million versus 213 million for the first single) and is rapidly approaching the number of games on Gaga’s biggest hit, “Bad Romance” (485 million). What’s better than Lady Gaga’s little monsters gathering behind a single? Little monsters and grandes arianators gather behind a single one.

Alone or in twos, Grande has been an exceptionally successful artist in the streaming economy, which also means she’s a desirable power duo partner. Justin Bieber found this out when “Stuck With U,” their quarantine-themed charity single, topped the list on May 23rd (the week between remixes “Say So” and “Savage”). Someone who didn’t feel particularly benevolent to the song was rapper and provocateur 6ix9ine, who heavily criticized Billboard when his comeback track “Gooba” debuted two spots after jail, despite being the weekly list who led streaming songs.

Billboard weighs more purchases than streams, but 6ix9ine accused Bieber and Grande of trying to “buy” their way to # 1. Included in the rapper’s otherwise insignificant review was the challenge that faced any solo artist who was now to compete with affiliated duos of superstars and the combined strength of their fan base. When it came time to release his next single, “Trollz”, 6ix9ine called his most famous ally, Nicki Minaj, to work on a remix and, of course, to summon the support of her fearsome, almighty fan army. the Barbz. Punctually, the couple’s “Trollz” remix debuted at the top of the charts on June 27, giving 6ix9ine its first No. 1 career.

Neither “Trollz” nor “Stuck With U” stayed at # 1 for more than a week. But one song that managed to balance attention and perseverance is perhaps the mother of all 2020 collaborations, Cardi B and Megan Thee Stallion’s wonderfully libidinal “WAP”. As the third No. 1 hit of the year with two black women, “WAP” was a strong show of solidarity between two contemporaries who – had appeared a generation or two ago when many people in the music industry believed in themselves A fulfilling lie, that only one successful female rapper could exist at a time – possibly being played off as rivals against each other. Instead, “WAP” shows that they show their different but complementary musical personalities and that they survive the reactionary, conservative backlash to the track more mildly than they could have done on their own.

“Empowerment” is one of the most virtuous buzzwords in modern pop music, and it’s easy for labels to turn these collaborations into naturally positive feel-good narratives of mutual support. And given how white and masculine the Hot 100 has been skewed over the past few years, it’s certainly refreshing to see so many black and female artists triumph while supposedly rejecting the idea that they are inherently competitive others are. But, especially in a year when touring wasn’t a viable source of income, collaborative hits also seemed like smarter business strategies in the streaming era of falling returns.

The ultimate testament to the ubiquity of the power collaboration is the way certain fan communities boast of the opposite. For example, when BTS’s first English-language single “Dynamite” hit # 1 later in the year, it was a frequent failure to wonder why they’d made it without “Features”. Most pop actions react in the same and opposite ways. Perhaps the next trend or next year’s most coveted hit flex is solo # 1.