In Praise of Heroic Masculinity | Xi Jinping puts China’s security ahead of tackling its economic woes | Financial Times | BlackRock’s Rieder Says ‘Put Your Shoulder’ Into Bonds as Fed Rate Risk Recedes

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You Might Like � � � You Might Like � � � � � � � � � Don't like ads? Go ad-free with TradeBriefs Premium In Praise of Heroic Masculinity    The phrase toxic masculinity was coined in the 1980s by a psychologist named Shepherd Bliss. He was a central figure in what he named the “mythopoetic” manhood movement. Bliss had grown up in a punishing military household with a domineering father, and he meant the new term to connote “behavior that diminishes women, children, other men,” a way “to describe that part of the male psyche that is abusive.” It was a potent phrase, one that expressed something that had never had a name—that there is a particular poison that runs in the blood of some men and poses a deep threat to women, children, and the weak. The phrase didn’t break into the common culture until relatively recently, when the crimes of Harvey Weinstein and his ilk needed to be understood with some kind of shared language. They were men, but they were the kind of men who are filled with poison. As it is with most new terms that roar quickly and powerfully into the culture, toxic masculinity was a rocket ship to the moon that quickly ran out of fuel and fell back to Earth. Continued here Xi Jinping puts China's security ahead of tackling its economic woes | Financial Times    China's complex economic problems, including property sector turmoil, rising local government debt and soft consumption, have sparked calls for Xi Jinping to unleash billions of dollars to shore up spending, arrest a slide into deflation and prop up a weakening currency. Yet the Chinese president has refrained from providing broad-based stimulus, the latest example of how his focus on domestic and external security is shaping his response to problems in the world's second-biggest economy, analysts said. According to experts in Chinese politics and economics as well as government advisers in Beijing, the leadership is comfortable with slower growth rates and is wary of pulling the trigger on any big changes that would add to government debt or risk instability in the financial system. Continued here BlackRock's Rieder Says 'Put Your Shoulder' Into Bonds as Fed Rate Risk Recedes    (Bloomberg) -- BlackRock Inc.’s chief investment officer for global fixed income, Rick Rieder, said the cooling labor market supports speculation that the Federal Reserve is done raising rates, making bonds more appealing than they have been in months. While US hiring picked up in August, the Labor Department’s report also showed that wage growth slowed and the unemployment rate jumped to the highest since February 2022, the month before the central bank started tightening monetary policy. “I think you can use this as another benchmark for the fact that we are seeing slack build in the labor force” and it comes “alongside of inflation coming down,” Rieder said on Bloomberg Television Friday. “The Fed should be done. You can put your shoulder behind a bit more of interest-rate exposure than has been the case certainly over the last few months.” Continued here

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