The Super Bowl is still more than a week away, and this Sunday’s Pro Bowl is too much of a yawn fest to merit attention.
At least there are quarterbacks to drive the news cycle.
The NFL’s glamour boys need only utter a curious comment about premature retirement, be mentioned as trade bait or simply demonstrate an interest in self improvement to generate a juicy round of reporting, analysis and speculation.
Take Ben Roethlisberger. The long-time Pittsburgh Steelers field leader followed a disappointing loss in the AFC Championship Game, and a generally lacklustre offensive showing in the post season, by hinting he may not come back.
The 34-year-old quarterback has three years and US$64 million (Dh235m) remaining on his contract, so it seemed extreme when he told a Pittsburgh radio station he was going to “take some time to evaluate next season, if there is going to be a next season”.
Fortunately, there were media voices to explain what he really meant. The general takeaway: Big Ben was expressing his frustration at the coaches, in particular offensive coordinator Todd Haley.
Haley’s once-explosive offence has lost its big-play identity, relying less on Roethlisberger’s arm and more on talented running back Le’Veon Bell’s legs.
In any case, the consensus was that Roethlisberger will return, but the same cannot be said for all the coaches.
Kirk Cousins of the Washington Redskins was not as dark, even though he surfaced as a possible trade candidate. The emerging star was given the franchise tag at $20m last year. If the organisation tag him again this season at $24m, instead of signing him to a long-term deal, he would be a free agent in 2018.
In that case, the speculation went, Washington might want to trade him to make sure they got something before he left.
“Ultimately, it’s not in my hands,” Cousins told NFL.com, adding that he loves Washington, but would not mind finding a happy home elsewhere.
You would be smiling, too, at his kind of valuation. In any case, Washington president Bruce Allen tried to end the speculation by promising on a scale of 1-to-10 that “it’s a 10” that Cousins stays put.
Not that the story will go away. After all, Cousins is a quarterback.
Meanwhile, the saga of Tony Romo bubbles on, even though loquacious Dallas Cowboys owner Jerry Jones said he finally was finished discussing his $24m backup quarterback.
Ever since the increasingly fragile Romo was injured last summer, then lost his job to impressive rookie Dak Prescott, Romo’s next chapter has been a meaty media guessing game.
Silence from the Dallas camp has not stopped the conjecture. This week pundits named the Houston Texans and the Denver Broncos as the best “fits” for Romo, assuming he would be willing to scale his contract down.
Even happy quarterback news works. Cities on both coasts recently heard from their young hopefuls, last year’s No 1 overall pick Jared Goff and No 2 man Carson Wentz, who struggled as rookies.
Goff said he was eager to play in Los Angeles Rams new head coach Sean McVay’s stretch-the-field offence. Wentz offered always-grumpy Philadelphia Eagles fans a dollop of optimism when he announced he had hired a private tutor to doctor up his throwing mechanics. Not earth-shattering news, but when quarterbacks speak, headlines appear.
Then there was Deshaun Watson of Clemson, one of the few college quarterbacks considered a potential first rounder in the April draft. When he announced he would not play in this week’s Senior Bowl, a key stop in the pre-draft evaluation process, pundits roared, pro and con.
Even a future NFL quarterback doing nothing is news.
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Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
Generation Start-up: Awok company profile
Started: 2013
Founder: Ulugbek Yuldashev
Sector: e-commerce
Size: 600 plus
Stage: still in talks with VCs
Principal Investors: self-financed by founder
Cinco in numbers
Dh3.7 million
The estimated cost of Victoria Swarovski’s gem-encrusted Michael Cinco wedding gown
46
The number, in kilograms, that Swarovski’s wedding gown weighed.
1,000
The hours it took to create Cinco’s vermillion petal gown, as seen in his atelier [note, is the one he’s playing with in the corner of a room]
50
How many looks Cinco has created in a new collection to celebrate Ballet Philippines’ 50th birthday
3,000
The hours needed to create the butterfly gown worn by Aishwarya Rai to the 2018 Cannes Film Festival.
1.1 million
The number of followers that Michael Cinco’s Instagram account has garnered.
Tips for job-seekers
- Do not submit your application through the Easy Apply button on LinkedIn. Employers receive between 600 and 800 replies for each job advert on the platform. If you are the right fit for a job, connect to a relevant person in the company on LinkedIn and send them a direct message.
- Make sure you are an exact fit for the job advertised. If you are an HR manager with five years’ experience in retail and the job requires a similar candidate with five years’ experience in consumer, you should apply. But if you have no experience in HR, do not apply for the job.
David Mackenzie, founder of recruitment agency Mackenzie Jones Middle East
Tree of Hell
Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla
Director: Raed Zeno
Rating: 4/5
What should do investors do now?
What does the S&P 500's new all-time high mean for the average investor?
Should I be euphoric?
No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.
So what happened?
It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.
"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."
Should I buy? Should I sell?
Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.
"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.
All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.
Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.
Will the rally last?
No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.
"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."
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