Professional Documents
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What’s
Shootout Gaffes Knock U.S. Out of World Cup Investors
News Bet Rates
Business & Finance Will Stay
The yield on the benchmark
10-year U.S. Treasury note has
Elevated
surged close to its highest level
in more than a decade, lifted
by new bets that a strong
economy could support years
For Years
of higher interest rates. A1 Economic growth
Yellow filed for bankruptcy drives 10-year note
and is closing the business, fall- yield close to
ing victim to mounting debt in-
cluding a government loan and a decade-plus high
standoff with the Teamsters. B1
Pfizer is hitting a rough spot BY SAM GOLDFARB
after its postcrisis Covid-19 AND MATT GROSSMAN
sales nosedived and while it
waits for new drugs and re- The yield on the benchmark
cent deal-making to pay off. A1 10-year U.S. Treasury note has
surged close to its highest level
The oil patch faces a
in more than a decade, lifted by
worsening talent shortage
new bets that a strong econ-
ROBERT CIANFLONE/GETTY IMAGES
Fall Postpandemic,
Ukraine inched forward af-
‘Barbie’ became the first U.S.
ter multilateral discussions
film directed by one woman to
in Saudi Arabia. A8
reach the billion-dollar mark. B2
Even if Trump violated the
Constitution in pressuring
Pence not to certify the re-
sults of the 2020 election,
Businesses expect Americans
to keep accumulating more stuff
Barbie box-office
total revenue* CEO Eyes New Deals
Domestic† International
that doesn’t make it a crime,
$459.4M $572.1M
Trump’s lawyer said. A4 BY RYAN DEZEMBER spired droves of would-be BY JARED S. HOPKINS moved on from the pandemic.
small investors to try their Sales from the two products
A Pakistan court sen-
America’s storage addic- luck, and now the 41-year-old The pandemic showered dropped so much, so rapidly
tenced former Prime Minis-
tion made Mike Wagner a is milking the storage craze Pfizer with record sales. Now they contributed to Pfizer’s
ter Imran Khan to prison and
wealthy man. in a new way. His invest- the end of the crisis is drag- overall sales falling sizably in
the government indicated
Wagner quit his physical- ment-coaching business, The ging the drugmaker down. its most recent quarter com-
that elections due this year
therapist job the day before Storage Rebellion, costs $297 Its Covid-19 vaccine and pared with the period a year
would be postponed. A18 Worldwide
he bought his first self-stor- a month to join. He charges drug powered Pfizer to more earlier. The company dialed
A deadline set by other age facility in 2011. It cost $779 for a video-training $1.03B than $100 billion in sales last back the top end of its expec-
West African countries for $330,000 and was losing course, with lessons on lien year, the first drugmaker to tations for the full-year per-
leaders of the July 26 coup $2,000 a month, but he got it laws, valuation spreadsheets break the barrier. Shares formance.
in Niger to back down and cranking out cash, added and partnership agreements. soared, as Wall Street hailed Shares are down 31% this
liberate the nation’s elected units and sold for $1.8 mil- For $995, Wagner will hop on the company for its savvy, fast year to date, a loss of more
president passed without lion, the first of several lucra- a one-on-one call for 90 min- and ultimately lucrative pivot than $88 billion in market cap-
armed intervention. A18 tive turnarounds. utes, and $2,995 buys a day- *As of Aug. 6 †U.S. and Canada to taking on the virus. italization. The company’s val-
Stories like this have in- Please turn to page A10 Source: Box Office Mojo But many people have Please turn to page A2
Low water levels on the Mis-
sissippi River threaten to disrupt
INSIDE
commerce for a second straight
year, months after floodwa- Treasure Hunters Dig Into the Big Oil’s Talent Crisis:
ters tested containment de-
fenses along the waterway. A3 Mystery of Buried Civil War Gold
At least 30 people were
killed and more than 100
i i i High Pay Isn’t Enough
were injured when a train A case involving a psychic vision, the FBI
derailed in southern Paki- BY MARI NOVIK about the industry’s role in
stan, officials said. A18 and nine tons of alleged loot goes to court AND COLLIN EATON climate change, as well as
long-term job security given
Died: Charles J. Ogletree Jr.,
Good news from the oil that global economies are
70, Harvard Law professor
BY KRIS MAHER than 40 years. “It’s definitely a patch: Jobs are plentiful and transitioning away from fossil
and civil-rights lawyer. A5
major coverup,” said Parada, salaries are soaring. fuels to other energy sources, U.S. NEWS
DENTS RUN, Pa.—Dennis who has the mustache of a The bad news is that young according to executives, ana- Trump indictment
Parada points to a weedy spot 19th-century gambler and people still aren’t interested. lysts and professors.
where he believes the Federal smokes his cigarettes Even as oil-and-gas compa- The trend is a stark depar-
leaves a mystery over
JOURNAL REPORT role of Mark Meadows,
Bureau of Investigation dug up down to a stub. nies post record profits, the ture from previous cycles,
Investing Monthly: nine tons of Civil War-era Tales of lost Civil industry is facing a worsening when the industry’s workforce former chief of staff. A4
Retirement plans could gold, worth more than War-era gold have talent drought. ebbed and flowed with the
do better. R1-6 $500 million, and made stirred imagina- At U.S. colleges, the pool of rise and fall of oil prices.
off with it in the mid- tions for genera- new entrants for petroleum- Between 2016 and 2021—a
CONTENTS Opinion................ A15-17 dle of the night. tions. One caught engineering programs has period when the Brent crude
Arts in Review......A13 Outlook.......................... A2
Business & Finance.. B2,6 Personal Journal.... A11-12
The patch of ground Parada’s attention shrunk to its smallest size price nearly doubled—the
Business News....... B3 Sports.......................... A14 halfway up a mountain in 1974 when he since before the fracking number of petroleum-engi-
Crossword................ A14 Technology........................ B4 in western Pennsylvania was working in a boom began more than a de- neering graduates more than
Heard on Street.... B10 U.S. News.............. A2-6 lies at the heart of the furniture store cade ago. European universi- halved, according to the U.S.
Markets..........................B9 World News..... A7-9,18
treasure hunter’s quest Lost or found in Philipsburg, ties, which have historically Education Department.
to recover the trove Pa., and metal provided many of the engi- The number of undergradu- BUSINESS & FINANCE
> and prove it was snatched from detecting on weekends. The neers for companies with op- ates pursuing petroleum engi- Labor standoffs in the
under his nose. The matter is story in Treasure magazine erations across the Middle neering has dropped 75%
now playing out in federal said a Union caravan with gold East and Asia, are seeing simi- since 2014, according to Lloyd
transportation
court. bars in the false bottoms of lar trends. Heinze, a Texas Tech Univer- industry pose threat to
s 2023 Dow Jones & Company, Inc.
At 70, he has been chasing wagons headed from Wheeling, Students and high-skilled sity professor. U.S. supply chains. B1
All Rights Reserved the Dents Run gold for more Please turn to page A10 young workers are concerned Please turn to page A6
.
U.S. NEWS
THE OUTLOOK | By Harriet Torry
N
and spending by foreigners at gain compared with the $24 ian think tank. The U.S. un- ing, creating space for expan- ow, online market- “I live in a ski resort, so
American resorts and restau- average U.S. rate estimated employment rate was 3.5% in sion in the U.S. and abroad. places for freelancers, it’s hard to employ people
rants. Still, its share of global by jobs site ZipRecruiter, it July, near a half-century low, The global market for busi- higher educational at- here,” Jordan said.
exports of digitally delivered exceeded Pakistan’s minimum the Labor Department re- ness services is expected to tainment overseas, current Scottevest uses coders and
services fell to 16.5% in 2022 wage of under $1 an hour. ported Friday. In June, there grow 9% this year to $681 bil- technology and employers’ graphic designers in Ukraine,
from 17.4% in 2019, the WTO And his son “ended up get- were 3.6 million more open lion, according to consulting increasing comfort with re- customer-service agents in
said. Ireland, India, China ting a great grade” on the jobs in the U.S. than unem- firm Kearney. mote work mean individuals Albania and Macedonia, and
and Singapore grabbed a test, he said. ployed Americans seeking American companies have and smaller companies can an order-processing worker
larger slice. work. hired workers in countries import labor from abroad, in India. It has one marketing
H
The trend means a differ- iring remote services At the same time, the with lower labor costs for de- too. A national shortage of contractor in the U.S., em-
ent type of American worker workers overseas availability of services deliv- cades. Textile and manufac- accountants prompted small ployed remotely.
faces overseas competition. comes with challenges ered from overseas puts pres- turing jobs moved from the and midsize firms to hire Before the pandemic, “I
While factory workers have including language differ- sure on Americans to gener- U.S. to Asia and Latin Amer- overseas for the first time as never would have trusted a
seen U.S. jobs move overseas ences, data protection, tax ate new domestic jobs to ica in the 1970s and 1980s, they seek workers to audit remote worker in my life,”
for decades, many types of compliance and regulatory provide services that are followed by call-center, finan- U.S. companies’ books and Jordan said. “We had a men-
service workers were more and labor standards. more advanced and of higher cial and tech jobs that went prepare Americans’ tax re- tality that if you weren’t will-
protected because, until re- For some parents, how- value. abroad in the 1990s and turns. ing to make a commitment to
cently, the jobs were done in ever, another benefit is the “The key is, the world is 2000s. While individual U.S. “Covid forced a march that move to Sun Valley, I’m not
person. availability of a qualified job getting more competitive and workers and communities put us 5 to 10 years down the willing to hire you.”
to drop its digital tax plan. although the accords are polit-
Leaders in the U.S. and Cana- ically linked.
dian business communities say U.S. Trade Representative
Ottawa’s move would harm Katherine Tai has urged Ot-
commerce and throw the fu- tawa to abandon the levy, and
ture of the North American the U.S. ambassador to Can-
trade deal into doubt. ada, David Cohen, said in an
Pfizer would cut R&D if sales of new drugs don’t make up for falling Covid-19 sales; a research site in Andover, Mass. Canada’s 3% tax on technol- interview published last month
ogy companies’ revenue from in Canada’s National Post that
been using its Covid-19 cash to but they’re asking a lot of contracts and the U.S. is transi- providing digital services to “if Canada decides to proceed
Pfizer’s secure other products for its
lineup. It predicts more than
those products to contribute in
a relatively narrow time frame
tioning to a commercial market.
Doctors are also writing fewer
Canadian users or sales of Ca-
nadian user data would start
alone, you leave the United
States with no choice but to
$10 billion in 2030 sales from before year end,” Barclays an- Paxlovid prescriptions. Jan. 1 and would be retroac- take retaliatory measures in
Covid Rise its $43 billion proposed deal
to buy cancer-drug biotech Se-
alyst Carter Gould said.
Sales of drugs from recent
“A key driver will be the
magnitude of the next Covid
tive to revenue dating to 2022.
Canada’s finance minister,
the trade context, potentially
in the digital trade context, in
U.S. NEWS
How river levels on Aug. 3, 2023, compare with the average on
that date from 2018 through 2022
IOWA
Rock Island, Ill. INDIANA OHIO
-3 feet
Mi
ss
sip
is
pi ILLINOIS
River
St. Louis
-11 feet
MISSOURI KENTUCKY
TENNESSEE
OKLAHOMA Memphis, Tenn.
ARKANSAS -14 feet
ALABAMA
GEORGIA
MISSISSIPPI
New Orleans
-4 feet
Sources: U.S. Army Corps of Engineers;
U.S. Geological Survey Emma Brown and Josh Ulick /THE WALL STREET JOURNAL
Low Mississippi
Years of drought spokeswoman for the U.S. ing water levels and has 16 chief executive of the Water- Mississippi River.” dams benefit other users of
Army Corps of Engineers’ Mis- dredges operating on the Mis- ways Council, which repre- Companies that use Ger- inland waterways.
have depleted the sissippi Valley Division. sissippi to keep the water sents river shipping interests, many’s Rhine River for transit U.S. barge and transporta-
river that months While record snowfall in channel and harbors deep is hopeful water levels won’t have explored low-water tion industry representatives
Minnesota this past winter en- enough for transit. be as low as last fall. barges and trains to navigate say it is unlikely there will be
ago saw flooding gorged the Mississippi when it It has built an underwater The extreme variations in frequent low-water levels. a shift to favor land transit
melted quickly in April, years structure called a sill in Loui- water levels are affected by a Bob Criss, a professor over water. “It’s just such an
BY SHANNON NAJMABADI of drought have depleted the siana, where some communi- number of factors, including a emeritus at Washington Uni- efficient way of moving heavy
river that courses through 10 ties including New Orleans changing climate, nearby land versity in St. Louis and critic products long distances,” said
Low water levels on the states and impeded barges draw drinking water from the development, and the recur- of the Corps’ management of Steenhoek, with the Soy
Mississippi River are threaten- that traverse it carrying goods Mississippi, to prevent saltwa- ring cycles of drier and the river, said U.S. goods Transportation Coalition.
ing to disrupt commerce for a such as soybeans, corn, chemi- ter from the Gulf of Mexico warmer or wetter and colder should also be moved by rail About 500 million tons of
second consecutive year, cals and gas. from moving upstream while conditions known as El Niño because locks and dams used goods, worth more than
months after cities along the “We’ve really seen this ebb water levels are low. The and La Niña, experts in the to make the Mississippi navi- $158 billion, are transported
vital economic artery saw and flow—this dramatic ebb Corps previously built sills in river system said. gable create a slow-moving, on inland U.S. waterways each
floodwaters test their sandbag and flow—this last year more 2022, 2012, 1999 and 1988. The way the river has been deep channel that has changed year, Zea said. The vessels are
barriers and containment than we’ve seen in years Low water levels on the engineered—the addition of the environment. more fuel-efficient than trucks
walls. past,” said Mike Steenhoek, Mississippi last fall contrib- levees, for example—has also “The Mississippi River from or trains. One barge can carry
Water levels in St. Louis executive director of the Soy uted to $20 billion in eco- increased flood risks, accord- St. Louis all the way to New the load of 70 fully loaded
and Memphis, Tenn., are 10 to Transportation Coalition, nomic losses, according to an ing to multiple studies. Orleans was twice as wide as semitrucks.
20 feet lower at this point in which includes 13 state soy- AccuWeather estimate. Some “Climate change is in it is now,” he said. “It was full Farmers whose fields are
the year than in 2020 and bean boards. barges were grounded on there,” said Nicholas Pinter, a of islands and sandbars, which within 100 miles of the Missis-
2019 due to lack of rain. More than half of soybeans sandbars. Other vessels light- University of California, Davis, are habitat for birds and ev- sippi River typically drive
Parched soils have absorbed grown in the U.S. are ex- ened their loads to keep them professor who has researched erything else.” their crops to a grain terminal
moisture instead of letting it ported, the majority traveling from sitting too low in the wa- rivers and watersheds. But Parker, with the Corps, said where they get loaded onto
run off into the river, though down the lower Mississippi to ter, which increased transpor- “it’s smaller than the impacts it has habitat restoration ef- barges, shipped to the Gulf,
recent downpours have the Gulf of Mexico, he said. tation costs. of levees and navigational in- forts and is environmentally moved to an ocean vessel and
helped, said Lisa Parker, The Army Corps is monitor- Tracy Zea, president and frastructure on portions of the concerned. Zea said locks and then sent overseas, Zea said.
Surf’s Pup! Champ Dogs Ride Waves Flexible Work Options Give
Some Employers an Advantage
BY GWYNN GUILFORD mote work last year, saying someone on a screen saying,
flexible arrangements harm ‘Hey, I need your bio up-
With employers fighting for productivity, and required dates,’ ” she said.
a limited pool of office work- workers to spend all or most The share of U.S. job post-
ers, those offering remote- of their time in the office. ings advertising hybrid work
friendly jobs appear to have The Scoop analysis showed arrangements has increased
the upper hand. that head counts at firms al- as fully remote postings have
Companies that allow at lowing at least one day of re- fallen, according to separate
least one day of remote work mote work increased 5% in May data from LinkedIn.
each week increased staffing 2023 from June 2022, while The gain in hybrid work
at nearly twice the rate in the those at fully in-person compa- postings is spread across most
year ended in May than those nies gained 2.6%, on average. industries, said Guy Berger,
with full-time office require- Separate research also principal economist at
ments, according to an analy- shows that workers view hy- LinkedIn. “Some of that is re-
sis of more than 3,600 compa- brid work arrangements as mote switching to hybrid and
nies by Scoop Technologies, a equal to an 8% pay increase, some is from companies that
CARLOS BARRIA/REUTERS
software firm that tracks said Nicholas Bloom, a Stan- were on-site only increasing
workplace policies, and People ford economics professor. their willingness to do hybrid,
Data Labs, a data technology When Cassandra Wilander potentially to lure more tal-
company. began a job search last year in ent,” he said.
The trend highlights Ameri- Chicago, she rejected listings
cans’ ability to command flex- that required her to be in the
SWELL: Rosie the Labrador competed at the World Dog Surfing Championships in Pacifica, Calif. ibility, along with better pay office five days a week. Lower turnover
and benefits. It also points to “To me that just screams Flexible work policies at
the staying power of remote that they don’t respect work- Gas South, a retail and whole-
U.S. NEWS
Indictment Mystery:
Where Is Meadows,
Ally of Ex-President?
BY SIOBHAN HUGHES didn’t do anything wrong and
that prosecutors came to a con-
WASHINGTON—Mark Mead- clusion different from that of a
ows was the White House chief committee many Republicans
of staff when Donald Trump saw as politically motivated.
tried to overturn the 2020 elec- Trump pleaded not guilty
tion result, but he plays only a Thursday to charges that he
bit role in the document laying conspired to overturn the re-
out the charges against the for- sults of the 2020 election to re-
mer president. main in power. He called the
Meadows talked to Trump charges a “persecution of a po-
several times a day, worked at tential political opponent” by
times to reverse the 2020 re- the Biden administration.
sults as well as to rein in some While Meadows moved to
ARTIE WALKER JR./ASSOCIATED PRESS
to defend the former presi- NATION,” he added. dent said in another post on indictment of Trump could be makers and tweeted that they
dent against federal conspir- The statements Sunday Truth Social: “IF YOU GO AF- issued in the next two weeks. were “preparing to fight back”
acy charges over his attempts came as the Justice Depart- TER ME, I’M COMING AFTER Fulton County District Attor- against what he called “mount-
to remain in power after he ment and Trump’s lawyers are YOU!” Prosecutors, saying ney Fani Willis, a Democrat, is ing evidence of voter fraud.” He
lost the 2020 election, a battle expected to offer competing Trump’s social media posts expected to bring charges re- told Rep. Jim Jordan (R., Ohio)
that is also expected to loom visions for how the legal pro- raised the possibility he might garding a yearslong probe into that he had pushed for Vice
over next year’s contest. cess should play out in the improperly share evidence alleged 2020 election interfer- President Mike Pence to simply
“The government will never federal trial over the charges. publicly, asked presiding ence. decline to count Electoral Col-
be able to prove beyond a rea- At a hearing last week, the Judge Tanya Chutkan for a —Cameron McWhirter lege votes from some states, ac-
sonable doubt that President U.S. Magistrate Judge Moxila protective order. The order and Corinne Ramey cording to texts that Meadows
Trump had corrupt or crimi- Upadhyaya gave both sides a would bar parties involved in contributed to this article. Mark Meadows turned over to the committee.
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U.S. NEWS
New Jersey
Is the Last
Holdout on
Self-Serve
At Pump RECYCLING
BY GINGER ADAMS OTIS
U.S. NEWS
NEW YORK ARIZONA PENNSYLVANIA
U.S.WATCH Influencer Faces Missing Hiker Gas Utility Settles
Charges After Riot Is Found Dead In 2019 Blast
Social media influencer Kai An Oregon woman who The Public Utility Commis-
Cenat is facing charges of in- went missing on a hike in sion approved a revised settle-
citing a riot and promoting north Phoenix has been ment totaling nearly $1 million
an unlawful gathering in found dead and it appears to with a gas utility over a 2019
New York City, after the on- be heat-related, according to explosion in western Pennsyl-
line streamer drew thou- authorities. vania that reduced a home to
sands of his followers, many Phoenix Fire Department rubble and injured five people.
of them teenagers, with officials said Jessica Christine Canonsburg-based Colum-
promises of giving away elec- Lindstrom, 34, went hiking bia Gas took responsibility
tronics, including a new Play- around 8:30 a.m. Friday and for the July 2019 blast in
Station. was declared missing about North Franklin Township, say-
The Friday event produced nine hours later. ing it had failed to install a
chaos, with dozens of people Fire Department Capt. key piece of equipment in the
arrested—some jumping atop Scott Douglas said drones home while workers nearby
vehicles, hurling bottles and and technical rescue teams upgraded a gas main. Offi-
throwing punches. were used before Lindstrom’s cials said the home lacked a
Cenat was released early body was found on a remote pressure regulator, and when
Saturday from police custody trail on the north side of the the new system was engaged
ALBUQUERQUE FIRE DEPARTMENT/REUTERS
after being issued a desk ap- Deem Hills Recreation Area. there was a leak that led to
pearance ticket, which police Authorities said Lindstrom, the explosion.
issue to require a suspect to who formerly lived in the The homeowner, a neigh-
appear in court to answer Phoenix suburb of Peoria, bor and three firefighters
charges. A police representa- was a registered nurse in Or- were hurt in the blast, which
tive said he is to appear in egon and was visiting family. also damaged cars and
court on Aug. 18. Maricopa County reported nearby homes. Columbia’s in-
Police said they arrested Wednesday that 39 heat-as- surance company earlier paid
65 people, including 30 juve- sociated deaths have been out more than $3 million to
niles. confirmed this year. cover the damage.
MONSTER FIRE: A column of smoke rose Sunday from a recycling-plant fire in Albuquerque, N.M. —Associated Press —Associated Press —Associated Press
Management. “Now what the been building for months, with a home. The average rate on
Investors market’s saying is, well, if
you’re not going to get a hard
report after report suggesting
that the economy is on solid
the standard 30-year fixed
mortgage was recently 6.9%, up
U.S. Treasury yields
5.25%
Average rate on a
30-year fixed mortgage
7.0%
landing, then why would I want footing even as inflation shows from about 5% a year ago.
See Years of to own 10-year notes?”
Strong economic data aren't
signs of easing. That remained
true after Friday’s jobs report,
At the same time, higher
rates and bond yields would be
5.00
Bear steepening begins
6.5
4.50 Two-year
6.0
5.5
came late last month, when the pated increase in average risks to meet return targets.
Continued from Page One Bank of Japan said it was lift- hourly earnings. 4.25 5.0
They would also make it easier
cause investors anticipated that ing its hard cap on 10-year gov- Investors are ramping up bets for the Fed to fight recessions 4.00 4.5
the Fed would keep raising rates ernment bond yields to 1% on a soft landing, in which infla- by giving the central bank more
10-year
to fight inflation and then cut from 0.5%. tion returns to room to cut rates when the 3.75 4.0
rates once a recession arrives. That fueled the Fed’s 2% an- economy turns south.
Now, though, almost the op- concerns that nual target while Optimism recently has ex- 3.50 3.5
posite is happening. Signals Japanese inves- Strong data the economy tended across different mar-
from the Fed that it is at or near tors might shift aren't the only keeps expanding. kets. Investors in recent months 3.25 3.0
the end of its rate-raising cam- some cash away The implica- have been willing to pay in- May 5 June July Aug. Jan. 2022 ’23
paign have bolstered shorter- from their sub- reason that tions of that creasingly high prices for stocks Sources: Tradeweb ICE Close (yields); Freddie Mac (average rate)
term Treasurys. But they have stantial holdings scenario could relative to what companies are
fed the selloff in longer-term of U.S. Treasurys
Treasury yields be profound, expected to earn over the next term rates set by the Fed have quickly, along with the econ-
bonds by reducing concerns toward domestic have climbed. suggesting that year. Valuations have become to fall from their current level omy. “All recessions and down-
that an aggressive central bank bonds. Then the the economy even more stretched when mea- of around 5.5% to 2.5%— turns are a kind of slowly-then-
would precipitate a downturn. U.S. Treasury can withstand sured against bond yields. roughly their highest point of suddenly phenomenon,” said
“This massive inversion that Department an- much higher One argument made in favor the 2010s—or whether “we are Matt Smith, investment direc-
we’ve had for a long period of nounced that it faced greater rates than investors have long of stocks, however, is that the moving back toward some- tor at Ruffer, whose team has
time was all predicated on the borrowing needs in the coming believed was possible. longer-run outlook for corpo- thing that looks a little bit like bought Treasury debt in a bet
fact that you were going to get months than investors had an- A prolonged period of higher rate profits and economic what we had in the ’90s” when that its price will increase amid
a hard landing and that owning ticipated. That meant the mar- bond yields would be a setback growth might be improving, rates were consistently higher, a downturn. “We don’t have a
long-duration bonds was the ket would need to absorb more for recent home buyers who with some citing advances in said Zach Griffiths, a senior view on when, but we have
way to protect you,” said Jim bonds just as traders were find- have been hoping for rates to areas such as artificial intelli- strategist at the research firm that position in reflection of
Caron, chief investment officer ing them less appealing. fall so that they can refinance gence technologies. CreditSights. the fact that we think the Fed’s
of the portfolio solutions group Still, the underlying condi- their mortgages, along with For investors, an important Some, though, note that tightening will cause a reces-
at Morgan Stanley Investment tions for the higher yields have others who are waiting to buy question is whether short- market expectations can shift sion,” Smith said.
Chevron and is a senior ad- event hosted by Fervo Energy, sions. invasion of Ukraine, Europe is gram was consistent with her
Talent Pool viser at investment bank La-
zard.
a startup that uses the shale
boom’s horizontal drilling and
“That’s a hook for employ-
ees—current and future,”
desperate for new supplies of
oil and gas, though countries
desire to have a positive im-
pact on the planet.
Part of the challenge, she fracking techniques to develop Burger said. “They want to around the world are trying to Now a BP engineer bringing
Is New Test said, is that there are more
startups and fast-growing
geothermal wells for electric-
ity generation. Around 60% of
know there’s a future in the
actual companies, the indus-
keep fuel affordable.
Darian Kane-Stolz said that
wells online in the Gulf of
Mexico, she said the attitude
WORLD NEWS
Ukraine’s Bid to Retake Bakhmut Falters
Front-line soldiers ing hopes that Kyiv could soon been slow going, bogged down made in recent months—and at tacks. Yan Gagin, an official at erates a German howitzer—a
retake the city. by strong Russian defensive the cost of tens of thousands of the so-called Donetsk People’s PzH 2000, or Panzerhaubitze—
describe a stalling Ukrainian President Volod- positions, mines and helicop- lives. Republic, a Russian proxy state said they spend much of the day
counteroffensive ymyr Zelensky visited the ter assaults, particularly in “It’s a tough fight, and we that claims Ukraine’s Donetsk driving to different positions,
Bakhmut front in late July to the south. That raises difficult need more people and more region as its territory, said that hitting Russian artillery and in-
against Russia forces hail gains to the north and questions about the scale of equipment,” said a combat the fighting around Bakhmut fantry units. “We pushed the
south of the city. the task facing the Ukrainian medic, who came for coffee to remains the hottest part of the Russians back around 1 kilome-
BY ALISTAIR MACDONALD Fighting is now focusing forces. a gas station where front-line front line. ter, but now they are coming
AND OKSANA PYROZHOK around the town of Klishchi- Progress around Bakhmut in soldiers stock up on fuel and “It’s slow, it’s just really back,” said Andriy, the com-
ivka, some 5 miles to the south, the east had been faster as food. “We are exhausted.” slow,” said Dougie Young, a mander of the howitzer.
CHASIV YAR, Ukraine— and in the direction of the M03 Russia had less time to prepare A Ukrainian official last Scottish medical volunteer who Local soldiers say the Rus-
Some of Ukraine’s biggest gains highway to the north. Ukrainian defensive positions after the Monday said Ukraine had in has been working around sians are using many more
in its counteroffensive have soldiers say recent gains have Wagner paramilitary group fi- the previous week liberated 0.7 Bakhmut. drones now and appear to have
come around the city of been small, in the face of heavy nally took the city. Bakhmut square mile in the Bakhmut Ukraine has been targeting more than the Ukrainian forces
Bakhmut, which Russia seized artillery bombardments, im- had become a symbol of Ukrai- area. Russia still controls Russian positions with its own in the area. Russians appear
in May after months of bloody proved Russian performance on nian resistance during months around 20% of Ukraine. munitions, employing West- to be developing in other ways,
fighting. But soldiers near there the battlefield and limited man- of brutal fighting, and Russia is Officials from Russia and its ern and old Soviet systems. including through encrypting
say advances have slowed in re- power and equipment. expected to pour resources into proxies have said on social me- At an artillery position more of their communications
cent days amid stiff Russian de- Ukraine’s counteroffensive, its dogged defense, given the dia that their forces have re- around 4½ miles from the front to stop Ukraine eavesdropping,
fense and counterattacks, dent- now in its third month, has city was one of the few gains it pelled several Ukrainian at- line, members of a unit that op- an intelligence official said.
FROM TOP: SERGEY BOBOK/AGENCE FRANCE-PRESSE/GETTY IMAGES; JOSEPH SYWENKYJ FOR THE WALL STREET JOURNAL
Kviv Official Oversees
Efforts to Produce
More Ammunition
BY ISABEL COLES the invasion. Ukrzaliznytsia’s
trains ferried civilians and
KYIV, Ukraine—Like any foreign dignitaries including
good boss, Oleksandr Kamy- President Biden, who traveled
shin keeps on top of produc- to Kyiv last year on a train
tion numbers for the factories dubbed Rail Force One.
he oversees. But for Kamyshin, But bringing Ukraine’s de-
Ukraine’s minister of strategic fense industry up to speed in
industries, it is a matter of life the middle of a war is an even
and death: The figures that bigger challenge.
land on his desk every morning Four months into the job,
show ammunition output at Kamyshin’s efforts have
dozens of Ukrainian factories. yielded results. In July,
The availability of artillery Ukraine produced more than
shells could prove decisive in twice as much mortar and ar- Oleksandr Kamyshin, top left, says Ukraine will need years to meet demand. Above, members of a tank brigade repair an engine.
the next phase of the war with tillery ammunition as it did
Russia, and the 39-year-old is during 2022, he said. “Being in charge of a large,
in charge of boosting Ukraine’s That, however, is less an in- crucial, critical structure for
production. Western stocks dication of how much Ukraine your country for the war when
have been run down by nearly is producing now than how nothing works,” he said.
18 months of fighting, and the little it was before, Kamyshin Ukraine’s President Volod-
U.S. and its allies are strug- acknowledged. ymyr Zelensky tapped him as
gling to increase production. For now Kyiv is dependent minister in March as the
Any dip in output and on Western countries that are country geared up for a coun-
Kamyshin immediately gets on also struggling to increase teroffensive to retake territory
the phone with the factory production after running occupied by Russia.
Handcrafted Beauty
manager to find out what down their own ammunition Kamyshin’s immediate pri-
went wrong. “All of them are stockpiles. ority was ammunition, which
on a direct line with me,” he The U.S. recently provided Ukrainian forces are consuming
said in an interview. Kyiv with cluster munitions to at a rate of about 90,000 shells
Ukraine’s sprawling arms help alleviate a looming short- a month, U.S. officials said.
industry fell into decline after age as Ukrainian forces strug- His new team of deputies AN ESSENTIAL STYLE FOR EVERY
the country gained indepen- gle to break through Russian includes a new head of state-
dence from the Soviet Union defenses in the south of the owned weapons manufacturer WARDROBE, GLOWING IN 18KT GOLD
in 1991. Kamyshin says it is country. European states, too, Ukroboronprom.
still hamstrung by unproduc- struck a deal in July mobiliz- Kamyshin has extended de-
tive practices rooted in the ing half a billion euros to boost fense companies’ contracts to
Soviet era. ammunition production for year-end—rather than
Kamyshin has delivered be- Ukraine—and for themselves. monthly—and brought in more
fore. As head of Ukraine’s The war was a year old by firms to gear production to-
state railway company, he the time Kamyshin was ap- ward the defense industry. “It’s
kept goods and people flowing pointed as chief of the defense not rocket science,” he said.
after the country’s airspace industry, but to him it felt like —Daniel Michaels
was closed in the early days of the first days of the invasion. contributed to this article.
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right. Y
ou read that
If
MATT LOEWEN/ALASKA VOLCANO OBSERVATORY/ASSOCIATED PRESS
Sent Navies
... and we’ll even pay you back with a
erated in September near the leads U.S. Indo-Pacific Com-
Aleutians off Alaska. mand, which is responsible for $30 Discount Certificate –– that’s our
Sullivan said that the U.S. U.S. military operations in the BETTER THAN FREE Shipping!
2,500
Self
storage
controlled
ods of economic upheaval. Prof- 130 Non-
its exploded during the pan- climate
demic, when bedrooms became 60
120 controlled
offices and basements became
gyms and the displaced items
had to go somewhere. Shares of 110 40
publicly traded storage compa- 2017 ’20 2013 ’15 ’17 ’19 ’21
nies trounced the broader stock
market—and every other real *FTSE NAREIT sectors; share price plus dividends †10-foot-by-10-foot units
estate class—from the late A Dixon, Calif., facility owned by Life Storage, which was bought last month. Sources: FactSet (total return); Yardi Matrix (rent); StorageCafe (price)
1990s through the end of last
year. During the pandemic, they pinch when they search for properties with the fund. dential real estate surged dur- Houston and in 1972 he and Extra Space CEO Joe Margo-
even beat the celebrated “storage near me.” Death, di- The career arc of Prime’s ing the pandemic and deter- partner B. Wayne Hughes put lis told portfolio managers at a
FAANG tech companies. vorce and disaster create de- founder and chief executive, mined storage rents could rise up $25,000 apiece and opened June real-estate investing con-
The question now is mand. So do marriages, babies Robert Moser, shows that stor- significantly and still be a lot the first Public Storage location ference in New York that the
whether the industry is run- and new jobs. age bros can dream big. cheaper for growing families in El Cajon, Calif. firm erred in 2009 when it cut
ning out of room for growth. Storage owners compete Moser, 46, started out in his than leasing an apartment with The idea was to generate in- rates for existing customers.
Workers are trickling back to fiercely to get customers in the fraternity-house bedroom at an extra bedroom or moving to come from inexpensive build- “They didn’t care if it was $75
the office and the highest inter- door. They duke it out online Union College in Schenectady, a bigger house. KKR has since ings to cover the expense of or $100,” he said.
est rates in years are slowing with algorithmic one-upman- N.Y. He showed up the first se- spent more than $400 million holding land while they waited Nowadays Extra Space is-
home sales, a big driver of stor- ship and move-in specials. But mester a licensed real-estate on storage buildings. for it to gain value. The first sues about 130,000 rent-in-
age demand. Self-storage facili- once someone signs up, the agent, wrote his thesis on in- Blackstone, the world’s larg- unit rented to a motor oil dis- crease notices each month,
ties have seen occupancy rates battle for their business is over. come-producing properties and est real-estate investor, will tributor whose wife wanted withholding some for a control
decline from records, forcing “The only thing that com- filed state records requests for own about 80 storage facilities cans out of the driveway. group of a couple thousand to
them to dangle big discounts to petes with an existing cus- New York water and sewer per- once it completes the sale of Volk died in 1996, the year make sure rent increases aren’t
attract new customers. tomer is the trash can,” said mits. An entire 127 it bought after Public Storage made its prompting move outs, he said.
Sharply higher borrowing Spenser Allaway, storage ana- UPS truck of mostly in late stock-market debut. Hughes, Ryan Auger, who got into
costs have torpedoed plans for lyst at real-estate research firm printouts ar- 2020. The buyer son of an Oklahoma sharecrop- the business after the Covid
new storage construction. Green Street. “No one says, rived at his par- ‘The only thing is Public Stor- per, went on to also launch lockdown sank his restaurant-
Shares of the big firms that ‘This sounds like a fun way to ents’ house. that competes age, which rental-home giant AMH Homes technology startup, was im-
store America’s hoard on spend a weekend, I’ll beg my He sorted agreed last following the 2008 housing pressed when a bidding war
month-to-month leases, such as friend to borrow their truck through the with an existing month to pay crash and was one of the rich- broke out around then for two
CubeSmart, Public Storage and and move my stuff into another documents $2.2 billion for est people in America when he storage properties his uncle
Extra Space Storage, are mostly unit to save $10 a month.’ ” looking for ac-
customer is the the Blackstone died in 2021. By then, Public owned near Harrisburg, Pa.
down this year, even as the S&P Even savvy storage investors quisition targets trash can.’ assets after be- Storage had a stock market The eventual buyer paid more
500 has risen by double digits. become ensnared. “I’ve had and spent week- ing outbid in its value of more than $56 billion than twice what they cost to
one six years,” said Christopher ends visiting own attempt to and an indelible, bright-orange build and his uncle came away
Merrill, CEO of $56 billion and photo- buy Life Stor- presence on the American with millions of dollars in
Pandemic boom property investor Harrison graphing properties. Moser age. landscape. profit. “That blew me away,”
Storage executives say busi- Street, which owns 119 storage never looked for a job when he The sale will mean more Auger, 27, said.
ness may never be as good as facilities and is looking for graduated in 1999. His mom than $600 million profit for Auger sketched plans to find
it was between the lockdown more. “I’ve probably paid for borrowed against the family Blackstone’s Real Estate In- Big profits neglected properties, tidy them
summer of 2020 and last sum- the stuff six times over.” home to stake him. come Trust, a fund for individ- Storage is so profitable up, oust freeloaders, raise rents
mer. “In hindsight, we may Appetite for deals remains Moser’s storage buildings ual investors that was stung by thanks to two key factors: to market rates and build an
look at those and say they strong from yield-chasing asset performed so well during the withdrawals earlier this year month-to-month leases, in online presence to draw new
were the best 24 months in managers and YOLO dreamers. 2008 housing bust that he de- when rising interest rates which the rents can be raised customers. The North Carolin-
the history of this business,” Last month, Extra Space paid cided to specialize and sold his dimmed the outlook for com- on short notice, and human na- ian raised money from lawyers
CubeSmart Chief Executive $11.6 billion for rival Life Stor- apartments and trailer parks. mercial property. ture. Most stays outlast intro- and other wealthy people he
Christopher Marr told inves- age, creating the country’s Prime raised $154 million for “When you see a portfolio ductory rates. knew, quit his job as a software
tors at a recent conference. largest storage operator, with its first investment pool and opportunity, that’s where peo- “Statistically, once a cus- engineer and started cold-call-
Self-styled storage bros, who roughly 270 million square feet sold the assets in 2021 for ple get the drool cups out,” tomer stays with us for a year, ing storage owners to talk
post deal details on social me- at more than 3,500 locations. about $750 million to a group said Merrill, the Harrison they end up staying for five them into selling.
dia, record YouTube tutorials University endowments, in- led by a Singapore sovereign- Street CEO. years,” Public Storage CEO Jo- Auger said that with a few
and swap origin stories on the surers, sovereign-wealth man- wealth fund. Last year, Prime Whether the little guys can seph Russell Jr. said. clicks he can send rent-in-
more than 15 podcasts dedi- agers and pensions last year had to turn away investors still compete with Wall Street The 2008 foreclosure crisis crease notices to tenants. He
cated to storage investing, are plowed $2.5 billion into a pri- even after enlarging its third money is an open question. In proved to executives that price recently boosted monthly reve-
now facing a harder slog. vate-equity fund raised by stor- fund by $1 billion, from an the 1960s, American mom-and- didn’t matter much even in a nue at one of the four facilities
Even Wagner acknowledges age specialist Prime Group original target of $1.5 billion. pop investors invented the deep recession. A lot of people owned by his firm Redwood
there isn’t much low-hanging Holdings, the largest ever dedi- Deal makers at KKR, known business. needed a place for stuff from Storage to $35,000 from about
fruit left, like the mismanaged cated to the asset class. Prime for corporate takeovers, Ken Volk, a California prop- the house that wouldn’t fit in $32,000 with little effect on oc-
properties that he used to has already acquired nearly 100 crunched numbers when resi- erty investor, saw one outside the apartment. cupancy.
find. “I’d buy them for a couple He last acquired a storage
hundred grand and then sell property this spring. A cold
them for more than a million a caller Auger hired made 100
few years later,” he said. “That calls a day for three months be-
shouldn’t be possible.” fore finding the interested seller
The bullish case for storage near Huntsville, Ala.
is made by America’s pack-rat Almost all the 22,000-
ways. Market researchers esti- square-feet was leased but only
mate that more than one in 10 about half the tenants were
Americans lease storage space. paying. The facility’s phone
In June they paid an average of rang unanswered. There was
CINDY SCHULTZ FOR THE WALL STREET JOURNAL
PERSONAL JOURNAL.
© 2023 Dow Jones & Company. All Rights Reserved. THE WALL STREET JOURNAL. Monday, August 7, 2023 | A11
WORK
& LIFE
RACHEL
FEINTZEIG
K
eith GunderKline knew
he should get started on
that five-year capital-
improvement plan for
the Ohio housing agency
he directs. Then again,
his inbox was filling up. A staffer
needed help redesigning a form.
Oh, and the air conditioning in
one of the agency’s buildings had
conked out and needed to be fixed.
“I didn’t have to get to that to-
day,” the 69-year-old would reason
as he put off the intimidating re-
port for months, grateful to focus
on the daily diversions.
Administrative busywork, last-
minute emergencies and the per-
formative theater of another use-
less Zoom call so often clog our
calendars. We spend nearly a third
more time communicating with
others than creating things at
work, according to a recent analy-
sis of meetings, email and docu-
ment use from Microsoft.
We complain we’re so tired, or
too busy, with no time to do the
job. Yet part of us is surely re-
lieved there’s no time to tackle
that presentation that would level-
up our career, or the book we’ve
always wanted to write. Examined
up close, the goal is terrifying,
overwhelming, amorphous. Where
your three to five most important to their personal differently. about what would man-resources officer for L’Oréal’s Then he stalled completely.
tasks on a piece of paper and keep growth or someone happen if he never U.S. business, would tackle the After months of procrastinat-
it on your desk, returning to it they cared about. built a network. He items based on her mood. ing, he realized the payoff didn’t
whenever you have free time. They ended up pro- remembered how After a long day in meetings feel worth the effort. He had only
crastinating less than people who vulnerable he felt when he was for her day job, quietly writing about 40 subscribers. He decided
Imaginary perfection simply focused on a positive part laid off. He pictured how another down the themes of a coming to pivot to YouTube videos,
We often procrastinate when of the task. career disruption would affect his chapter helped her reset. If she where he thinks he will reach
we’re not confident we can de- family if he didn’t have robust felt sluggish, sorting and deleting more people.
liver. A project that stays in our connections on which to fall back. book-related emails jump-started There’s some shame in the fact
mind can stay picture-perfect.
The cost of “That cost just wasn’t bearable her. that his initial plan failed, the 35-
“It’s easier to keep it imagi- procrastination any more to me,” he says. On Friday nights, after her two year-old says. But he’s focused on
nary,” says Fuschia Sirois, a psy- After being laid off in 2020, Jeff Last summer, he committed to young sons were in bed, she’d his new path forward.
chology professor at England’s Krimmel landed a new job quickly. posting on LinkedIn every day. work late on deep, creative work. “When you do something
Durham University who studies But his big goal of expanding his Maintaining a streak keeps guilt “I felt very free,” she says, “like you’ve never done,” he says, “it’s
procrastination. professional network stayed on from bubbling up, he says, and I was in this magic zone.” always harder than you expect.”
Doing Pull-Ups
Harrison, could effort-
lessly pump out doz-
ens of pull-ups during
Gives Women
her time as a young
gymnast. When her
boyfriend left her for a
personal trainer, she
A Fitness Lift
set herself a goal of
doing an unassisted
pull-up before she
turns 48 this month
and 10 by October.
BY JEN MURPHY and squirmed, then She’s shared her
dropped down, joking progress on Facebook
T
he pull-up has become the ul- to her instructor: “If I and Instagram, with
timate fitness flex for women can just do one pull-up videos showing her
in midlife. in my life, then I’ve performing aided pull-
This winter, London-based con- made it.” ups with resistance
sultant Claire Warner embarked on Joyce, 33, decided to bands looped around
a pull-up quest, hiring a trainer with use the pull-up as her the bottom of her feet,
the goal of being able to do one un- benchmark for overall and doing two unas-
assisted pull-up by summer. fitness. She started in- sisted chin ups.
Pull-ups, says Warner, 45 years corporating exercises
old, are “the unicorn exercise,” add- that work pull-up muscles, like sin- Rachel Harrison, 47, recently ing a pull-up, he says. The rewards
ing: “Everyone wants to be able to gle arm lat pull downs and pull-up achieved her first pull-up after a Chelsey Wilkins, a trainer at Warner, the London consultant,
do one.” She can now do three and shrugs, into her routine. bit over one year of training. SoHo Strength Lab in New York, says her pull-up aspirations were
has set her sights on five. Her motivation? Mothering three recommends clients focus on learn- sparked by a desire to gain muscle
As women embrace strength children under age 5. “I wanted to formed with an overhand grip, ing to lower their body weight be- mass and remain independent as
training, executing a pull-up has be- be able to keep up with them but shoulder-width or wider, and en- fore they try to pull it up. She pre- she aged. Muscle mass decreases
come a way for many to show just also set an example,” says the part- gage the upper back muscles, in- scribes exercises that work grip around 3% to 8% per decade after
how strong they are. Social-media time nurse in Eden Prairie, Minn. cluding the latissimus dorsi and strength and eccentric strength— the age of 30. The rate of decline is
mentions of “female pull-ups” have In July, after five months of rhomboids, the deltoid muscles in where the lowering phase of a even greater after the age of 60.
amassed millions of views; stars like training, she got her chin above the the shoulders, and the biceps. The movement is slowed down—like Harrison, who owns a luxury hos-
comedian Chelsea Handler share pull-up bar and can now do three movement also works the core and carefully lowering your chin down pitality firm in New York, has re-
videos of upper-body gym feats, with good form. grip strength. from a pull-up bar. ceived dozens of supportive mes-
and executives like Meta’s head of Some people try first to do a Dreiss has her clients practice sages since she began posting
product, Naomi Gleit, post about The pull-up journey chin-up, which is slightly easier be- hollow body holds, where you lie on about pull-ups in May 2022 and has
their push-up and pull-up feats. Compared with weighted exercises cause it uses an underhand grip the ground, then lift your arms, legs lost around 35 pounds. With stron-
ADRIENNE GRUNWALD FOR THE WALL STREET JOURNAL
(Her boss, Mark Zuckerberg, posts like back squats or dead lifts, pull- versus the pull-up’s overhand grip. and head up off the ground until ger muscles around her spine, her
fitness photos, too.) ups can be intimidating, says Lex Getting to a pull-up can take your body looks kind of like a ba- back no longer goes out and she
This body-weight exercise, which Dreiss, a trainer at Absolute Power about 12 weeks for someone at a nana. “If you’re doing a pull-up prop- can see the striations of muscles in
taps the back and shoulder muscles, Fitness in Brooklyn, N.Y. healthy weight and baseline fitness erly your body is vertical in this po- her shoulders when she wears a
is challenging for anyone, but can “As a girl, you’re told that you level, says Andrew Jagim, director of sition,” she says. backless dress.
be particularly daunting for women, have a weak upper body compared sports-medicine research at Mayo With these key muscles “I’m healthier now than I was in
who anatomically tend to have with boys,” she says. “But that Clinic Health System in La Crosse, strengthened, trainers then focus my 20s or 30s,” she says.
more lower-body strength. doesn’t mean women can’t do pull- Wis. For someone new to strength on technique, using assisted weight Recently, she finally nabbed her
Kirsten Joyce gave her fitness in- ups.” training, 16 weeks is more typical. pull-up machines or looping a resis- first unassisted pull-up. “Working
structor the stink eye when a pull- Many people assume the move is Both pull-ups and chin-ups are tance band around the bar and be- out is like life,” she says. “There are
up was thrown into her group all arm strength, but it’s actually a body-weight exercises, so someone neath the client’s feet to lighten the times you feel like you’ll never suc-
strength class at Life Time gym. back-dominant exercise, says Dreiss. who is overweight might need more load of the pull movement. ceed but you need to be mentally
She hopped up to the bar, kicked Traditional pull-ups are per- time to develop strength before do- One of Dreiss’s clients, Rachel strong and keep trying.”
.
PERSONAL JOURNAL.
BY VERONICA DAGHER
FROM TOP: PHOTO ILLUSTRATION BY RACHEL MENDELSON/THE WALL STREET JOURNAL, GETTY IMAGES; KELLY HOODWIN
rence Yun, chief economist at the
National Association of Realtors.
The price gap between new
homes and old ones has been
shrinking and is the smallest in
nearly 20 years, said Sheharyar
Bokhari, Redfin senior economist.
The median sales price of new
houses sold in June was $415,400,
according to the Commerce De-
partment. That compares with
$410,200 for existing homes, ac-
cording to the NAR.
Builders, fueled by pandemic
profit, are also offering incentives
to help buyers reduce their mort-
gage rate or closing costs.
Hayley and Tyler Dupee recently
bought a brand-new four-bedroom,
two-bath home in Ladson, S.C., for
about $312,000, motivated by the
builder-included incentives such as
a smart-home security system and
window blinds.
“It became a no-brainer to us
that a new home was going to be
the best option for us within our
budget,” she said. The couple gave
up on buying an existing home af-
ter seeing bidding wars and the
pricey renovations needed. It is also important to think the home’s drywall instead of and factor this possibility into
Buyers might be able to move about your home’s resale value
2. Choose which rounded ones could save about your budget.
into an existing home more when deciding where to spend or corners to cut $200 in total for an average 2,000 Bokhari at Redfin advises set-
quickly but could face expensive skimp, she said. There are some areas where buy- square-foot house, Evans said. ting aside roughly 10% to 15% for
repairs and upgrades. New homes Invest in systems that keep ers can reduce costs without com- contingency budgeting, depending
tend to be more expensive, and your home running, such as promising quality, Evans said. 3. Read the fine print on the home’s location, type and
buyers usually need to be flexible plumbing and electrical, and in Evans has shaved about $1,500 Home builders typically have size.
with their move-in date because areas with a high return on in- off the price of a roughly 2,000 some ability to substitute materi-
of potential completion delays. A vestment, such as the kitchen, square-foot home he built for cus- als based on availability to meet
home from a builder usually she said. tomers by lowering the steepness deadlines.
5. Don’t expect
comes with some options for cus- A simple way to save: Choos- of the roof from 8/12 pitch to Read the developer’s contract perfection
tomization. On average, it takes ing a 36-inch upper kitchen cabi- 6/12. Roof pitch expresses roof carefully and note what choices Buyers sometimes think they
more than eight months to build net instead of a 42-inch upper steepness as a ratio of the verti- can be overridden by the builder don’t need a home inspection be-
a house, according to the Com- one might cost a buyer about cal rise to the horizontal span, and in what circumstances, said fore closing because their new
merce Department. $600 less, depending on size of said Hicks at Angi. A roof that Emily Irwin, senior director of ad- home usually comes with a war-
With a brand-new home, buy- kitchen, said Donnie Evans, presi- rises 6 inches in the span of 12 vice at Wells Fargo. Irwin has cli- ranty, said Mark Barnes, a Realtor
ers might misunderstand their dent of Altura Homes, a home inches would have a 6/12 pitch. ents who selected an interior in Charleston, S.C.
purchase contracts, cut corners in builder in Dallas. Selecting square corners for paint color only to find out that A warranty often covers items
the wrong places and balk the builder is exercising its right such as materials, workmanship,
at delays, financial advisers to use a different one. system and structural defects.
and builders say. Top-of-the line stoves and re- Barnes recommends buyers get
Here are five things to frigerators, often displayed in a pre-drywall inspection since a
consider when purchasing model homes, aren’t necessarily home’s problems might not be
from a builder: included in a standard builder discovered until after the war-
home, said Jason Katz, a financial ranty period ends.
adviser with UBS Financial Ser- Hicks at Angi said to get an in-
1. Which upgrades vices in New York City. Ask your spection at three points during
are worth it? builder what, if any, appliances the home-building process: before
Consider what upgrades are included with your house. the foundation is poured; before
are difficult and pricey to drywall is installed, when it is
complete once the house is easier to fix electrical problems;
finished, be it a gas line for
4. Have extra and at the end, to ensure every-
an outdoor grill or wiring money ready thing is built to code.
for outlets. These improve- Builders often have the right to Hicks recommends paying an
ments cost less when you increase prices based on material independent inspector to check
are building the home, said costs, said Charlene Wehring, a out the house. Most buyers spend
Angie Hicks, chief cus- financial adviser in Bellville, between $280 and $400 for an in-
tomer officer at home-ser- Texas. If costs go up and buyers spection. It is worth it, she said.
vices company Angi. can no longer afford the home, Some of the most common is-
they will probably lose their de- sues that inspectors find are hu-
A steeper roof can add to posit after backing out of the midity in the home, cracks in dry-
the overall cost of a brand- deal, she said. wall or incorrectly installed
new home. Read the contract carefully siding.
vate designer, 50, has been hun- We look forward to being in touch.” ‘golden ticket’ situations, where ev- anxiety of plopping down my Amex through a rabid resale market of her
kered down with her husband and One of the women who shared eryone’s going to be seeing the to buy my first Celine piece as a ju- past pieces. On secondhand sites like
three children in London. that screenshot was Eva Chen, brand unfold in real time, sharing nior fashion editor: a royal-blue The RealReal and Vestiaire Collective,
We have the basic outline: Philo’s Meta’s vice president of fashion. “It’s acquisitions on [Instagram] Stories, cashmere sweater at 70% off at Philo’s work for Celine and Chloé is
direct-to-consumer brand, which very rare to see this level of hype” sharing perhaps when they’re foiled Kirna Zabête’s end-of-season sale. (I still a hot commodity. High-end per-
she owns along with LVMH, is set on Instagram, she said, comparing it on purchasing something.” still wear it to this day.) sonal shoppers such as Gab Waller
to release in September. WWD re- to big drops in the sneaker world. “I, along with everyone, am wait- Ashley Wu, a New York City specialize in hunting down her
ported that it would comprise 150 Chen predicted that the discourse ing for financial devastation, if I can writer and longtime Philo acolyte, pieces. In 2022, French secondhand
styles of ready-to-wear and acces- would continue once the brand even land anything,” said Chen. said, “I’m definitely not buying any platform Resee organized a buzzy
sories, and that Philo muse Daria launches this fall: “I think it’s going Budgeting is a central concern fall clothes yet, which is unusual for sale of Philo’s Celine work.
.
SATURDAY 8/19
8 ET/7 CENTRAL
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.
ARTS IN REVIEW
A poster for Henry
Dreyfuss’s ‘Symbol
Sourcebook’
A
an exhibition devoted to the Sour- Dreyfuss Archive, housed at the for the entire project, which the Apple’s operating systems use a me-
New York cebook, its creator, and its legacy— museum; it is being publicly ex- exhibition describes as a “human chanical gear for their settings app.
t the very beginning of you will see dozens of icons with plored for the first time. We begin figure framed by a triangle, circle, And the show’s extended attention
the “Symbol Source- meanings as compelling as that by surveying Dreyfuss’s ideas about and square.” It deliberately looks to the creation of hijab-wearing
book: An Authoritative death’s head. symbols, including their ability to like a rough sketch—a work in emojis and to the activist symbol of
Guide to International Dreyfuss’s ambition was to cre- be combined to create new mean- progress. And unlike Leonardo da the raised fist are not particularly
Graphic Symbols” ate an international language of ings, the way, say, a Vinci’s idealized Vitru- compelling.
(1972), the book’s au- signs that could accomplish what red circle with a di- vian Man, in which the But in one display, the show
thor and one of the era’s most ac- artificial world languages like Espe- agonal slash (signi- male figure is perfectly challenges visitors to design effec-
complished industrial designers, ranto could not. The Table of Con- fying prohibition) A single symbol inscribed in a circle tive symbols from elements pro-
Henry Dreyfuss (1904-1972), pres- tents appears in 18 languages. The can be placed over a can instantly and square, here the vided, and such challenges lead vis-
ents the same word in Greek, in symbols are distilled from a data- car silhouette: auto- abstract geometric itors to explore and inquire further.
Japanese, in Russian and in He- base of 20,000 icons. They are or- mobiles forbidden! cross cultural forms are freeform. What makes for a truly awful sym-
brew. None can be read or under- ganized into 26 disciplines and cat- We also see three The human simply bol, like those on our clothes’
stood if you are only at home with egories. And even after a half- icons Dreyfuss suc-
and linguistic stands in the center— washing labels? And why, as Drey-
the Roman alphabet. Even if you century, most retain their power. I cessfully used on boundaries. which is one of Drey- fuss himself asked, are there no
could get a translation, the words doubt if there is much use today for the outside of a fuss’s principles. As we satisfactory symbols for “push”
themselves hardly seem to suggest an icon associated with whirring package shipped see here, when he un- and “pull”? Symbolically speaking,
matters of life and death. But a sin- computer tape drives meaning from Moscow that dertook a redesign of the show thus leaves us with a
COOPER HEWITT, SMITHSONIAN DESIGN MUSEUM
gle symbol instantly crosses cul- “Magnetic Tape Unit Occupied” have become standard: An open John Deere tractors in 1969, he healthy number of question marks,
tural and linguistic boundaries, (looking a bit like an empty film umbrella? Keep dry. A broken gob- paid particular attention to the hu- accompanying a considerable num-
commanding attention: a skull and reel), but is there a driver who does let? Fragile. Two up arrows? Keep man “interface” and how the ma- ber of exclamation points.
crossbones. In a word, “poison.” not understand the sign/label for upright. chine would be used; controls were
Such is the power of symbols. “windshield wiper” (a curved two- But many of these were not in- given distinctive shapes and tex- Give Me A Sign: The Language
And if you open the Dreyfuss book, dimensional arc with a tilted, off- vented by Dreyfuss. He used what tures so they could be distin- of Symbols
which is still in active use a half- center line extending through it)? the exhibition describes as an early guished by touch alone. Cooper Hewitt, Smithsonian Design
century after compilation, or if you To a great extent we are still living form of crowdsourcing, sending out Dreyfuss’s design career could Museum, through Sept. 2, 2024
turn the digital pages on a touch in Dreyfuss’s world. questionnaires, internationally solic- have played an even bigger role
screen at Cooper Hewitt, Smithso- The exhibition, organized by iting thousands of designs. Submis- here. He created products that of- Mr. Rothstein is the Journal’s
nian Design Museum in “Give Me a Emily M. Orr, associate curator at sions were modified and codified. ten deserved the overused descrip- Critic-at-Large.
MUSIC REVIEW Chief Xian aTunde Adjuah, left; members of the Gullah- corded them narrating cul-
Renewing
influenced jazz ensemble Lowcountry, below tural histories and singing
Gullah songs in their
homes. He then crafted ar-
Stories
and, on six tracks, the
Charleston Symphony
String Quartet, in a record-
ing studio. He wove these
BY LARRY BLUMENFELD elements together, often to
seamless effect. On four
that blends elements of two West juah’s grandfather; his own lyrics to juah broadens this reach, and makes Gracie Gadsen and Joseph and Rosa try extend legacies that, however
African instruments, the n’goni and “Ashé Chief Donald” celebrate his un- a mesmerizing personal statement Murray, who are husband and wife. threatened or overlooked, are still
kora, with those of a European harp. cle’s achievements. His version of the about entwined histories of African They are all “song leaders” in Gullah very much alive.
Ninety seconds in, he sings, for the oft-recorded R&B song “Iko Iko” (here, empires, Native American nations, tradition, who “line and raise” melo-
first time on record: “Listen in the titled “Xodokan Iko—Hu Na Ney”) New Orleans forebears, and his own dies learned from elders, mostly at Mr. Blumenfeld writes about jazz and
wind have you learned to hear / The hews close to how it is sung in street life and times. Praise House services. Mr. White re- Afro-Latin music for the Journal.
.
SPORTS
BY RACHEL BACHMAN
Melbourne, Australia
Before July 21, 2021, the U.S.
women’s soccer team stood on a
seemingly unbreakable foundation.
It boasted two consecutive World
Cup titles and carried a 44-game
unbeaten streak into the 2021 To-
kyo Olympics.
On that day at Tokyo Stadium,
however, the U.S. fell apart against
Sweden, 3-0, in its Olympic opener.
It seemed like a fluke at the time, a
moment to brush off. “We got our
asses kicked, didn’t we?” Megan
Rapinoe quipped.
In retrospect, it was the first
sign of a steep descent for the U.S.
It bottomed out Sunday when Swe-
den delivered the death blow, beat-
ing the Americans on penalty kicks
after playing to a scoreless draw,
ending the U.S. dynasty in the
World Cup’s Round of 16.
It was the earliest exit from a
major tournament in the U.S.
team’s 38-year history. Rather than
winning an unprecedented third
consecutive World Cup title and
17 18
15 16
19
26 Group of
troops,
collectively
To Gymnastics Competition
27 Weak spot for
20 21 22 23 Achilles BY LOUISE RADNOFSKY
OPINION
August’s Surprises Arrived Early BOOKSHELF | By Frank Gannon
It’s as if they
read my
mind. In 2021
really cool technology, like
superconductors enabling
quantum-drive engines. Lo
there?—think it’s an homage
to the TV show “The X-Files.”
Makes more sense than any-
10 different genres, including
the 1986 Beastie Boys head-
banger “(You Gotta) Fight for
Treasure Map
I noted that
surprises of-
ten come dur-
ing August.
and behold, July 22 saw the
announcement out of South
Korea of LK-99, a room-tem-
perature ambient-pressure
thing else.
On the other hand, this
makes absolutely no sense:
In a world of increasingly
Your Right (to Party).” The
reconstructed output is a bit
grainy, but this is a first step
toward literally reading
To Nowhere
INSIDE
Two weeks superconductor, surprising short attention spans, mil- minds. All that’s needed is
VIEW
later, Presi- everyone. A video claims to lions voluntarily filed into portable MRI and—wait,
Anansi’s Gold
By Andy
dent Biden’s show the Meissner effect, dark rooms to watch back-to- room-temperature supercon- By Yepoka Yeebo
Kessler
Afghan exit levitation via emitted mag- back flickering celluloids ductors will enable that. (Bloomsbury, 378 pages, $29.99)
I
turned into netic waves as material be- about dolls and nuclear Coincidentally, or maybe
an unexpected fiasco. I fig- comes superconducting. physicists—the Barbenheimer not, on July 20 a patent ap- n the mid-1970s, a charismatic young Ghanaian
ured, hey, let’s try again. I The creators even de- timer ran nearly five hours. plication filed by Apple was named John Blay-Miezah was out and about in London,
spent the past few weeks re- scribe how to make the lead- Weird. Meanwhile, the stock published for a “Biosignal New York and Philadelphia. This urbane Penn grad,
searching for a column about based superconductor. The Sensing Device Using Dy- now in his early 30s, had an astonishing tale to tell and
more August surprises. Imag- first step requires the syn- namic Selection of Elec- an extraordinary deal to offer.
ine my surprise when July— thesis of copper phosphide UFOs, brain scans trodes.” It looks like AirPods, To all who would listen he related how, in April 1972,
even its last week or so—spit from copper powder and red except the earpiece has 40 or he had been in Bucharest at the deathbed of Ghana’s first
out a stream of surprises, all phosphorus. Oops, the Drug and superconductors 50 embedded electrode sen- president, Kwame Nkrumah. In his final moments, the
seemingly related. I ripped up Enforcement Administration made it an unusually sors that could be used for, exiled leader confided to his tribal brother and protégé
the August column. labels red phosphorus a List get this, “accurate measure- that the long-rumored story was true: Before being over-
Let’s start with unidenti- I chemical used by illegal interesting July. ments of brain activity.” thrown by a coup in 1966, he managed to spirit billions of
fied anomalous phenomena, meth labs to convert pseu- Hmmm. Could this read our dollars in diamonds, cash and—most notably—30,000 gold
the trendy new expression doephedrine into metham- minds when we discuss bars from Ghana to banks in Switzerland. The money was
for UFOs. Former U.S. intelli- phetamine. It’s also in market, surprising most, UFOs? It wouldn’t surprise earmarked for improvement projects in his beloved country
gence agent David Grusch strike-anywhere matches. I spent July heading into the me. and would stay abroad until some more settled moment
testified to Congress on July suspect every scientist try- stratosphere. Or was it an All these surprises took when it could be safely repatriated. Only Blay-Miezah
26 that the U.S. has retrieved ing to replicate the room- Oppenheimer-like mushroom place while I was reading would know the account numbers and the passwords and
not only UFOs but also “non- temperature superconductor cloud? George Gilder’s terrific new procedures required to
human” biologics of sup- is now binge-watching Even crazier: On July 20, book, “Life After Capitalism.” access the treasure.
posed pilots. Any pictures? If “Breaking Bad” for tips. Google and researchers at It makes a thoughtful case Blay-Miezah told his
so, wanna bet they’re blurry Replicating the results will Osaka University released for an information theory of listeners that he was now
and grainy? take time—a few weeks, or details of Brain2Music. As it economics based on the no- ready to carry out Nkrumah’s
I’m in the camp that forever as many skeptics sounds, it reconstructs mu- tion that wealth is knowl- instructions, and he was
thinks the government rolls think. Still, room-tempera- sic from brain activity—yes, edge, growth is learning, in- confident that it would take
out UFOs every time it needs ture superconductors would reading your mind. While a formation is surprise, and only a matter of weeks or, at
a distraction. In 2003 the usher in an era of magnetic person listens to music, money is time. All scientific most, months to have the
Central Intelligence Agency levitated trains, handheld fMRI, functional magnetic- and economic surprises are money in hand. In the mean-
declassified documents magnetic-resonance imaging, resonance imaging, captures information and, Mr. Gilder time, he was looking for
showing that it had made up cheap quantum computing brain waves. That data is explains, happen persistently, people to cover his expenses.
stories about flying saucers and even nuclear fusion. run through artificial intelli- or else we’d be living in a He didn’t expect virtue to be
shortly after it was outed for In some surprise room- gence to break down the static world. its own reward because, in
its role in a 1954 Guatemala temperature thinking, on July sounds into smaller elements By the looks of July, we addition to the satisfaction of
coup. Are the UFO stories 24 Elon Musk clicked “de- of text, which are then fed certainly aren’t in one of helping a struggling African
being used to distract us lete” on 17 years of valuable into a text-to-music trans- those. July was a reminder nation, investors were guaran-
from the Donald Trump in- brand building by inexplica- former called MusicLM that not to be closed-minded. My teed breathtaking returns: 10 to 1, 20 to 1, even 100 to 1
dictment or the Hunter Biden bly changing the name of plays the reconstructed mu- only real surprise was that for every dollar invested. Supporters and investors weren’t
tax evasion? Twitter to X. Why? Well, sic. Amazing. these surprises weren’t in hard to find—ranging from poor widows to former U.S.
Maybe UFOs are real. If with all the UFO fever, some They tested the results August. Attorney General John Mitchell (on his uppers after release
so, aliens must possess some ex-Twitterers—see what I did with 540 music samples from Write to kessler@wsj.com. from prison in 1979). The money poured in.
But there were problems with Blay-Miezah’s story. For
starters, the closest he came to studying at Penn was
Groundhog Day for Deadbeat Argentina working as a busboy at Philadelphia’s Union League Club.
Instead of being at Nkrumah’s deathbed in Romania, he
was an hour outside Philly doing time for fraud at the
Margaret With inflation running at an at the central bank for retail August 2019, could mean that State Correctional Institution at Graterford.
Thatcher fa- annual rate of 115%, there’s is around 290 to the dollar when the central bank tries to The sprawling story of Blay-Miezah’s outsize life and
m o u s l y no appetite to hold pesos. while in the black market the roll over the $30 billion in wayward career is told with mordant aplomb by first-time
quipped that Net international reserves rate is about 565. Leliqs outstanding it won’t British-Ghanaian author Yepoka Yeebo in “Anansi’s Gold:
the trouble have plummeted and are Off-loading pesos to hoard find buyers. In that case a The Man Who Looted the West, Outfoxed Washington, and
with social- now negative. dollars is a national pastime flood of pesos would hit the Swindled the World.” Ms. Yeebo identifies Blay-Miezah
AMERICAS ism is that Argentina’s central bank is for Argentines, who are economy. with the mythical Ghanaian trickster Anansi. Like the
“you eventu- printing more pesos than the among the world’s most so- Argentine authorities are Monkey King in China, Anansi uses his guile to deceive
By Mary
ally run out market wants to hold because phisticated currency specula- blaming the monetary crisis and cheat the bigger and stronger. While “Anansi’s Gold”
Anastasia
of other peo- the government, which is tors. Investors, knowing that on weather, and the IMF reflects a daunting amount of research, it reads like a
O’Grady
ple’s money.” broke, needs them to pay its they can’t put capital into the agrees somewhat. In its ratio- picaresque novel.
That hasn’t bills. This isn’t new in Argen- country at market rates or nale for the latest agreement For almost two decades, as Ms. Yeebo chronicles, Blay-
yet happened to the world’s tina. Successive governments get it out when they want, to release new funds, despite Miezah strung investors along by revealing pesky new
most notorious deadbeat. have generated repeated tend to go elsewhere. Stag- the failure of Buenos Aires to technicalities that prevented him from accessing the money.
Last week Argentina bouts of high inflation for de- nating Argentine economic meet “key program targets,” Pretty soon a pattern emerged. After endless delays,
struck a deal with Beijing to cades. In an August 2019 growth is no mystery. the fund pointed to the ex- investors would be summoned to Ghana (or Switzerland or
tap nearly $3 billion in yuan piece in Forbes, Johns Hop- tended drought affecting agri- the Cayman Islands), where the long-awaited payout was
from a currency swap line kins economist Steve Hanke cultural output. Yet it quickly finally to take place. After a couple of days Blay-Miezah
the two countries renewed in summarized the history: “To Another peso collapse added that fault also lies with would disappear. Eventually he would resurface elsewhere,
June. The announcement, in list but a few of Argentina’s “policy slippage and delays,” and the cycle would begin again.
which China is playing the major peso collapses: 1876, may be coming as a which seems to be the better Ms. Yeebo notes that Shirley Temple Black, the U.S.
lender of last resort for Ar- 1890, 1914, 1930, 1952, 1958, presidential election explanation for the mess. ambassador to Ghana, saw through Blay-Miezah and tried
gentina, came two days after 1967, 1975, 1985, 1989, 2001, Neighboring Brazil also has to warn others. In a 1975 cable to Secretary of State Henry
the International Monetary and 2018.” approaches. experienced a drought. Yet Kissinger, she explained the problem: “Those who believe
Fund reached a preliminary Since Argentine inflation Brazilian inflation is running Blay-Miezah a fraud are worried he might just have the
agreement with Buenos Aires began to take off again in at 3.19%, comparable to the money and then they would look extremely foolish.”
to unlock access to $7.5 bil- 2007 until the end of 2022, The central bank has tried U.S. Kudos go to Brazilian
lion. The IMF said the money total money supply grew on to counter its reckless peso- central bank president Ro-
is “intended to support Ar- average 30.7% a year, accord- printing by selling high- berto Campos Neto—and his He knew how to find the billions of dollars that
gentina’s policy efforts and ing to the Ministry of the yielding term instruments to board—who tightened credit Ghana’s leader had sent abroad, but first he
near-term balance of pay- Economy. Headline inflation banks. Thirty-day Leliqs, as when government spending
ments needs, including obli- grew on average annually at these vehicles are called, threatened to undermine needed investors to keep him (luxuriously) afloat.
gations to the Fund.” In other 35.1% according to Nicolás now carry an effective annu- price stability. The central
words, the fund is giving Cachanosky, director of the alized rate of some 155%. The bank has held its overnight
money to its “client” so that Center for Free Enterprise at aim is to sop up excess pesos lending rate at 13.75% for the Blay-Miezah was a large man who lived large. His be-
the client doesn’t go into ar- the University of Texas, El in circulation. past year despite pressure spoke suits, bejeweled fingers, sleek limos, personal chefs
rears on its $44 billion debt Paso. Yet even with a healthy from President Luis Inácio and penthouse suites added to his mystique instead of
to the fund. Capital controls exacer- Leliq spread over current in- “Lula” da Silva to pursue an undermining his credibility. He was faithless to his
The arrangement needs bate shortages of hard cur- flation, demand for the cur- easier policy. investors (and to his wife, who was nicknamed “Columbo”
IMF executive board ap- rency. Dollars coming into rency is falling. Perhaps it’s On Aug. 13 Argentines vote for her ingenious ways of tracking his dalliances), but he
proval, which may come later the country have to flow because Argentines expect fu- in primaries for presidential was always faithful to his inner con man. Conveniently
this month. Meantime, Argen- through the central bank, ture inflation to be even candidates, and this issue is timed health scares were part of his repertoire. Ms. Yeebo
tina has used the China which exchanges them for higher and they understand front and center. Yet promises describes him in a hospital with monitors beeping and
loan—and help from Qatar— pesos. The purchase of dol- the risks of a further selloff of a cure are short on details, an oxygen mask covering his face: “Blay-Miezah opened
to stay current with the IMF. lars for travel abroad or to that would likely trigger a hy- probably because it would his eyes to greet his visitors. One investor proffered the
(Payment in yuan was an pay for imports also is done perinflationary spiral. This is mean upending the long tra- wad of cash to him. He remained stock-still, apart from
Obama-era enhancement.) through the central bank. It particularly true in a presi- dition of Peronist populism his right hand, which emerged slowly from under the
None of this will solve the has more than 10 official ex- dential election year. An un- that has bankrupted the sheet, clutched the cash, and disappeared back under the
fiscal and monetary prob- change rates, none of which expected political shock, such country. sheet again.”
lems plaguing the country. reflect the market. The rate as the country experienced in Write to O’Grady@wsj.com. In 1979 Blay-Miezah saw a way to escape prosecution
and get his hands on vast resources: He would become
Ghana’s president. Unfettered by facts and unconstrained
The Politics and Science of Jet Fuel by reality, he ran as an anticorruption candidate. When it
looked as if he had a real shot at winning, the government
indicted him on charges of bribery, perjury and forgery.
By Fred Krupp Reduction Act, it’s critical to always good for the climate. lower integrity fuels would Just to be sure, his name was removed from the ballot.
I
get this assessment right. Depending on their produc- cause environmental damage The guilty verdict and a sentence of nine years in prison
f you’ve flown recently, The global aviation indus- tion process and feedstocks, and crowd out cleaner, innova- would have been the end of the road for a lesser flim-
you might have seen a try is one of the largest those fuels can cause defores- tive fuels. flammer. But there were many scrapes and escapes still
pre-takeoff promotional sources of climate pollution. tation, increase pollution and For an example of smart ahead. In the end, it was Ed Bradley and “60 Minutes”
video about the airline’s com- If its emissions were mea- raise food prices. policies, look to Washington that brought Blay-Miezah down. The segment, broadcast
mitment to sustainability. One sured alongside countries, it Federal regulators should state, where tax incentives to in January 1989, was titled “The Ultimate Con Man.” In
airline has even suggested would be the sixth-largest. preserve rigorous environ- promote the alternative-fuel person Blay-Miezah may have been charming and con-
that its planes will soon be mental standards such as industry have taken shape. In vincing; on the tube he came across as phony and pre-
powered by fruit compost. those set by the International May, a Dutch company chose posterous. Three years later, he suffered a heart attack
Meantime, airline lobbyists No, planes won’t run Civil Aviation Organization to the state as the future home and died—or maybe not, as Ms. Yeebo avers. Either way, a
in Washington are trying to determine the extent to which for its new biogas plant, funeral was held, and someone looking very much like him
weaken environmental safe- on fruit compost, but different sustainable fuels re- which is set to produce 30 was buried in Accra in 1993.
guards in ways that would in- they can be made duce climate pollution in pro- million gallons of sustainable While Ms. Yeebo’s narrative is compelling, some of her
crease pollution and waste duction and use. We need to aviation fuel a year starting in postcolonial analysis is debatable. Ignoring the obvious
taxpayer money. Not all sus- more sustainable. make room for promising new 2028. Last month a U.S. incentive of exorbitant profit, she writes that Blay-Miezah’s
tainable aviation fuels are technologies like synthetic e- startup also broke ground on black investors wanted to “repair the wounds of coloni-
created equal. Some, such as fuels made from surplus re- a Washington plant to make alism” while his white ones saw a chance “to loot an
high-quality e-fuels and fuels For the existing fleet, and newable electricity and direct fuel from carbon dioxide, wa- African country’s ancestral wealth.”
sourced from cooking oil, tens of thousands of new air capture of carbon. ter and renewable power. Perversely, the power of Blay-Miezah’s con and the
could significantly reduce the planes slated to enter markets Washington is right to rec- The stakes are high. For allure of Nkrumah’s gold live on. In 2009 an official
climate impact of the 25,000 over the next two decades, an ognize that incentives for pri- the sake of a stable climate Ghanaian government commission found no evidence that
daily flights across the U.S. aviation tax credit focused on vate innovation should be the and efficient use of federal the gold ever existed. But avarice springs eternal, and
Others, like those based on truly sustainable fuels would leading path toward a cleaner, money, let’s not let politics Ms. Yeebo notes that “right now, somewhere in the world,
sugarcane, could cause defor- spur greener private-sector thriving aviation industry. get in the way of science. someone is telling Blay-Miezah’s lie about Nkrumah’s gold,
estation and harm the cli- innovation and lead to cleaner Calls by some in Europe to and someone is investing in it.”
mate. As officials decide and more efficient air travel. limit flights are impractical Mr. Krupp is president of
which fuels will qualify for But fuels that are derived here, and the U.S. airlines’ the Environmental Defense Mr. Gannon was special assistant to the president in the
tax credits under the Inflation from natural resources aren’t push to grant tax credits to Fund. Nixon White House.
.
OPINION
REVIEW & OUTLOOK LETTERS TO THE EDITOR
Democrats vs. the Supreme Court Trump’s Conspiracy and Campaign Troubles
D
emocrats are continuing their cam- prejudging a case because there is no such case, Your editorial “Another Troubling prefer several of Mr. Trump’s GOP
paign to discredit the Supreme Court, and there may never be. Trump Indictment” (Aug. 2) says the challengers, especially those with the
election conspiracy “had no chance of bravery to call out the former presi-
and their frequent demand these days The press is portraying comments by Justice
success.” Didn’t it? What if former dent and his threat to democracy.
is “recuse!” They want conser- Elena Kagan last week as a re- Vice President Mike Pence hadn’t GEORGE HAGER
vative Justices disqualified They want to influence buttal to Justice Alito. But her been a hero? One reason a conspiracy Washington
from hearing cases that they which Justices can comments aren’t as far apart to do an unlawful act is illegal is that
fear won’t turn out the way as the spin. “Can Congress do it could succeed. Irrespective of the outcome of the
progressives want. This needs hear certain cases. anything it wants? Well, no,” Former President Donald Trump various indictments, Mr. Trump is
to be understood as an at- she said, as reported by Polit- did more than “lobby” Mr. Pence. He consumed by legal troubles of an un-
tempt to usurp the judiciary ico. “There are limits here, no repeatedly ordered Mr. Pence to vio- precedented magnitude. At the same
and control the Court. doubts.” Do Democrats also want Justice Kagan late the law to overturn an election. time, he is running for president, the
The Democrats’ latest target is Justice Sam- to recuse herself from any case involving Con- After Mr. Pence said he wouldn’t, Mr. most demanding and all-consuming
uel Alito, who had the effrontery to talk on the gressional regulation of the Court? Trump tweeted to the angry mob that job there is. Something has to give.
“Mike Pence didn’t have the courage Mr. Trump, 77, simply can’t devote
record about the Supreme Court and his juris- i i i
to do what should have been done to the care and attention that these con-
prudence in an interview with this newspaper. Which gets us back to the Democratic recusal protect our country and our Constitu- flicting and, frankly, surreal agendas
The article offered a rare insight into the think- demands, and it’s important to understand how tion.” Members of the mob shouted, require simultaneously. Both his de-
ing of one of the Court’s most influential Jus- destructive they are. The decision of which “Hang Mike Pence!” and built a gal- fense and his campaign will suffer.
tices and the third longest-serving. cases to hear, and whether to sit on those cases, lows. Might Mr. Pence have been in- The prudent and statesmanlike re-
Justice Alito also dared to defend the Court is central to the judicial role. If Senators or timidated? course for Mr. Trump would be to
from recent political attacks. This has upset the some outsiders can coerce Justices to recuse EM. PROF. CANDACE KOVACIC-FLEISCHER drop out of the race to focus exclu-
press and Senate Democrats, who are escalat- from certain cases, they are intruding on the American University College of Law sively on clearing his name. Given his
ing. Ten of the 11 Democrats on the Judiciary authority and independence of a co-equal McLean, Va. proclivity for grandiosity, however,
Committee last week sent a letter to Chief Jus- branch of government. Mr. Trump will more than likely sol-
You write that “Democrats want dier on in his quest for a second
tice John Roberts demanding that he force Jus- The canon of judicial ethics sets standards
Mr. Trump to be the Republican nom- term, particularly if he deduces that
tice Alito to disqualify himself from specific for recusal for lower-court judges, though indi- inee.” Well, not this Democrat, and this is his only realistic means of
cases based on the interview. vidual judges typically decide for themselves not most of the Democrats I’ve asked. avoiding a lengthy stint in prison.
i i i when this obliges them to withdraw from a Given the nontrivial chance that Mr. MARK GODES
They claim Justice Alito should recuse him- case. Those recusal standards are merely advi- Trump could beat President Biden, I’d Chelsea, Mass.
self from hearing Moore v. U.S., a tax case the sory for the Supreme Court, and for good rea-
Court has accepted for the coming term. They son. A lower court can easily substitute another
claim it’s a conflict of interest because one of judge in a case. The Supreme Court with only
our interviewers was David Rivkin, who is on nine Justices cannot. Blinder Defends the Supply-Shock Theory
the legal team representing the plaintiffs in the Removing a single Justice can change the
case. Mr. Rivkin is well known to our readers result of a case, or even deny the litigants a In “What We’ve Learned About In- other prices, being sticky downward,
flation” (op-ed, Aug. 2), John Co- don’t fall. That is what happened in
as a frequent contributor on the law who has clear decision if the Court deadlocks 4-4. All
chrane argues that I (“Team Transi- the 1970s, 1980s and 2020s.
also interviewed Justice Clarence Thomas and nine Justices agree on this point. In April the tory Had a Point About Inflation,” op- Second, Mr. Cochrane claims, the
Henry Kissinger for these pages. nine signed a “Statement on Ethics Principles ed, July 20) and other supporters of supply-shock theory “predicts that
The conflict charge is specious. Justice Alito and Practices” stating that “Justices have a the supply-shock explanation of the the price level, not the inflation rate,
said nothing about Moore and wasn’t asked duty to sit that precludes withdrawal from a recent rise and fall of inflation make will return to where it came from—
about it in the interview. If a personal interac- case as a matter of convenience or simply to two mistakes. I beg to differ. that any inflation should be followed
tion with an appellate lawyer is disqualifying avoid controversy.” First, Mr. Cochrane claims, the sup- by a period of deflation.” No. Not un-
for the Justice, then the Justices would have to The statement explained that individual Jus- ply-shock theory is about relative less the prices of the goods afflicted
be hermits. They interact all the time with law- tices, rather than the entire Court, decide re- prices (that’s true), and that a rise in by supply shocks return to the status
yers who argue cases before them. cusal issues. Letting the full Court or a subset some relative price (e.g., energy) quo ante and persistent inflation
The articles recounting the interview with decide on recusal “would create an undesirable “can’t make the price of everything go doesn’t creep into other prices. Nei-
up.” This is an old argument that mon- ther has happened in this episode.
Justice Alito said generous things about his ju- situation in which the Court could affect the
etarists started making a half-century PROF. ALAN BLINDER
risprudence, but that also isn’t a conflict. If it outcome of a case” by selecting which Justices ago, when the energy and food shocks Princeton University
were, Justices would have to recuse from any could participate. struck. It has been debunked early and Princeton, N.J.
case involving the actions of the President who The Senators care nothing of this. Their con- often. All that needs to happen is that Mr. Blinder served as vice chair-
appointed them because they are no doubt cern is with the judicial result. That’s why the when energy-related prices rise, many man of the Federal Reserve, 1994-96.
grateful to that President. “ethics” bill that Sens. Sheldon Whitehouse and
The Democrats also say Justice Alito should Dick Durbin have passed through the Judiciary
recuse himself from hearing any case that Committee includes a provision that would
might come forward in the future concerning make lower-court judges the arbiters of recusal
Mann Replies on Wildfires and Climate Change
Congress’s attempt to regulate the Court. Jus- decisions for the Justices. In “Climate Change Hasn’t Set the tense if we continue to heat the
World on Fire” (op-ed, Aug. 1), Bjorn planet with carbon pollution—and
tice Alito said in the interview that “no provi- This would open the door to widespread de-
Lomborg denies the effect of climate that’s true. Indeed, I emphasize the
sion in the Constitution gives them [Congress] mands for recusal. Left and right would play change on the increasingly devastat- importance of adaptation, in addition
the authority to regulate the Supreme Court— this game, and liberal as well as conservative ing wildfires that we are witnessing. to mitigation (reducing carbon emis-
period.” Justices would be the targets. This would turn In rebuttal, let me quote the Journal’s sions), in reducing our vulnerability
The Justice was stating his opinion on a gen- nearly every case the Court hears into a politi- online news article “The World Bakes to extreme weather in my forthcom-
eral constitutional principle. The question has cal football and ultimately destroy public confi- Under Extreme Heat” (World News, ing book “Our Fragile Earth.”
never been litigated as far as we know. Justice dence in the judiciary. It would be nice if law- July 19): “Punishing heat this summer But as I point out there, “We must
Alito did acknowledge in the interview that yers and judges would wake up to this threat has helped stoke wildfires in places recognize that there are thresholds
Congress can cut the Court’s budget, and it has and defend the Court so Justice Alito doesn’t like Canada, Southern California, beyond which we will simply exceed
changed the number of Justices. But he wasn’t have to do it by himself. Spain and . . . Greece.” the adaptive capacity that human civ-
Mr. Lomborg also misstates my ilization affords us.” This is the real
views, claiming that I’ve asserted cli- lesson your readers should take away
China and Russia Eye Alaska mate action is the “only way” to re-
duce vulnerability to wildfires. He
from the unprecedented summer
we’re currently experiencing.
A
uses a quotation where I was instead PROF. MICHAEL E. MANN
mericans who think the next major war shadow the foreign warships. That’s an im- pointing out that wildfires will neces- University of Pennsylvania
won’t touch American territory might provement from the September episode, when sarily become more frequent and in- Philadelphia
want to take note of the news that China a tepid U.S. response was criticized by Alaska
and Russia conducted a joint Sen. Dan Sullivan.
naval operation last week near A joint naval patrol A spokesman for U.S. We Have Enough Old Colonels Running Around
the coast of Alaska. off the Aleutians is a Northern Command said the
U.S. officials said 11 ships Sino-Russian patrol wasn’t The U.S. military’s up-or-out pro- stay on and fly my helicopter gunship
participated in the patrol near warning and a test. perceived as a threat, but one motion system, including the provi-
sion for some modest retirement-style
for a few more years. The Marine
Corps was wise to give my cockpit
the Aleutian islands. It was day soon it could be. In the
benefits as early as the 20-year point, over to a younger pilot, likely with
the largest such operation an- new era of great power com- isn’t perfect (“The Military Encourages sharper reflexes than mine. More im-
alysts can recall and follows a smaller one in petition, Russia, China and Iran are building an Its Best to Retire Too Soon,” Letters, portant, that young officer might
September 2022. The joint patrol underscores axis to challenge U.S. power. The naval patrol July 29). The basic structure, however, possess the rare talent, that I clearly
the cooperation between the two countries, is best understood as a warning that U.S. terri- has stood the test of time. Combat, lacked, for a high-level command po-
which is extending to military operations be- tory isn’t safe, as well as a test of how the U.S. and even many strenuous, noncombat sition in the future.
yond Beijing’s help for Moscow in Ukraine. (See will respond. positions, favors the young. The last MAJ. MIKE LEACH, USMC (RET.)
Seth Cropsey nearby.) The world is getting more dangerous, and a thing our military needs is a lot of old Virginia Beach, Va.
The U.S. responded with dispatch, sending complacent U.S. political class isn’t educating colonels and captains running
four destroyers and reconnaissance aircraft to the public about the growing threats. around—there are probably too many
as it is—much less a surfeit of older, I Married an Oppenheimer
midrange officers and NCOs.
Before my first date with the man
Why San Francisco Is a Homeless Mecca I would have been delighted to
who was destined to become my hus-
band, a friend whispered to me that
C
alifornia has spent more than $20 billion drugs,” Ms. Breed recently noted. he must be very rich, either in dia-
NATO Alliance Has Enough monds or funds (“The Perks and Pit-
on housing for the homeless since 2020, Since 2016 San Francisco’s homeless budget
yet public encampments continue to has ballooned to $672 million from $224 million, To Worry About in Europe falls of Being an Oppenheimer,” Re-
view, July 29). Alas, he was from
grow. As San Francisco pro- yet the number of homeless in The Ukraine war has revitalized
neither, but after 49 years of mar-
gressives are learning, govern- The city spends $646 shelters has increased by a NATO’s purpose: the defense of its
riage, I consider myself very rich for
ment can build more shelter, mere 736. That equates to member states from external attack.
but that doesn’t mean the
million on shelter, $609,000 in higher annual Before Russia’s invasion, the alliance
the beautiful family we’ve raised, even
if our children, grandchildren and I
but vagrancy grows. was dithering in out-of-area opera-
homeless will use them. spending for each additional still have to correct the pronunciation
tions, like training missions in Iraq
The city of San Francisco person in shelter. This is on top and no-fly zones in Libya, of dubious
of our family name. I hope the movie
released data last week show- of the $20 billion that Demo- will help with that.
importance to trans-Atlantic security.
ing that 55% of homeless individuals rejected crats in Sacramento have thrown at the home- DAHLIA OPPENHEIMER
NATO busying itself in Asia (“Asian
shelter when offered it. Days earlier a giant fire less problem. Boca Raton, Fla.
Allies Have a Role to Play in NATO”
destroyed a housing complex under construc- A 2018 local ballot measure championed by by John Bolton, op-ed, July 24) would
tion. The blaze is under investigation, but resi- Salesforce CEO Marc Benioff increased San Fran- be a strategic distraction.
dents in the area say they repeatedly complained cisco business taxes by some $300 million annu- Outside the U.S., France and the Pepper ...
to the city about fires igniting around homeless ally to build more homeless housing. Yet the tax U.K., NATO’s member states don’t
possess the strength in numbers, ca-
And Salt
encampments. increase has merely given businesses another in-
Mayor London Breed threw her hands up in centive, on top of rampant crime and shoplifting, pabilities or logistics to sail Asia’s THE WALL STREET JOURNAL
congested waters for anything more
response. “We can’t force people to accept or to move jobs out of the city.
than a short period. At best, deploy-
stay in shelters and we’re unable to prevent peo- San Francisco’s homeless epidemic is a result ments would be symbolic.
ple from setting up an encampment in an area in large part of the familiar problems of drug ad- Geopolitical factors should be con-
that was just cleaned. This is the situation we are diction and mental illness. But a particular prob- sidered as well. It’s hard to think of a
in,” she tweeted Wednesday. lem is the refusal to prosecute drug crimes. In more efficient way to buttress the
She’s right. San Francisco is under a federal 2014 California’s Prop. 47, which was backed by Russia-China-North Korea partner-
injunction that bars officials from enforcing laws Gov. Gavin Newsom and other progressives, ef- ship than dragging the U.S.-led mili-
against camping or sleeping in public spaces as fectively decriminalized drug use and shoplift- tary alliance into Asia.
long as its homeless population exceeds avail- ing. Localities can’t use the threat of jail to in- DANIEL R. DEPETRIS
able shelter beds. As we recently explained, the duce addicts to receive treatment. Fellow, Defense Priorities
New Rochelle, N.Y.
Ninth Circuit Court of Appeals has ruled that the Democrats in Sacramento plan to ask voters
Eighth Amendment’s ban on cruel and unusual next year for approval to borrow $15 billion
Letters intended for publication should
punishment creates a right to vagrancy. more to reduce homelessness. Only a progres- be emailed to wsj.ltrs@wsj.com. Please
Many homeless prefer to live on the streets sive could imagine that will this work any better include your city, state and telephone
where they can freely use drugs. “People are than the last tens of billions. How about instead number. All letters are subject to
coming here for so many different reasons in- repealing the misconceived law that is fueling editing, and unpublished letters cannot “My parents tried to rebrand nagging
be acknowledged.
cluding the ease of access to getting these the problem? as consistent messaging.”
.
OPINION
C
offensives would be impossible. As
hina’s recent decision to
restrict exports of drones
Ukrainian counterbattery fire deteri-
orates, Russian forces can simply
Production
will blind Ukraine’s recon- grind Ukraine down.
naissance advantage in the
war with Russia and con-
The West can’t sustain Ukraine in
a traditional fight. While Western ar-
All Wrong
stitutes an active intervention on tillery capacity is expanding and can
Moscow’s side. The U.S. and its al- meet Ukraine’s needs without dipping By Harold Hamm
G
lies should respond by developing into stockpiles over the next 15
an industrial base that makes un- months, Ukrainian ammunition ex- asoline prices had their big-
manned aerial systems. Failing to do penditure is premised on its UAS-re- gest one-day increase in a
so would all but guarantee that Rus- connaissance system. The West would year on July 25, rising to an
sia gains the upper hand. need to supply Ukraine with not eight-month high, while oil passed
LIBKOS/ASSOCIATED PRESS
The Ukraine war is the first drone 120,000 to 150,000 shells a month, $80 a barrel. More than half a cen-
war. Unmanned aerial systems, or but closer to half a million, and with tury of experience working in the
UAS, are crucial to Ukraine’s strat- 1,000 or more additional guns. oil industry tells me that with the
egy and are at the forefront of a China’s actions demand a recog- Organization of the Petroleum Ex-
transition in military technology nition from the U.S., its allies and porting Countries doing all it can to
that closes the gap between the po- Ukraine that Beijing is a full, if keep prices high, the only way to
tential and actual effect of preci- A Ukrainian soldier launches a drone. stealthy, supporter of Russia’s war. prevent them from rising higher is
sion-guided munitions. Modern mili- China has no desire to play honest to produce more oil and gas here at
taries have fielded extraordinarily quadcopters and a handful of fixed- Because DJI is a state-funded entity, broker, nor any interest in seeing a home.
accurate weapons for decades. First wing craft. Ukrainian UAS units the Chinese Communist Party and settlement that respects American, President Biden has pursued the
employed during the U.S. bombing drive forward, deploying drones Ministry of State Security have ex- European or Ukrainian security opposite strategy. Instead of in-
campaign in the 1972 Easter Offen- within a few hundred yards of the tensive insight into its exports. concerns. creasing production, he wants to
sive in Vietnam, precision weapons enemy. Starlink satellites transmit China has disrupted Ukrainian The U.S. and its allies must act mandate that Americans use less—
have become increasingly accurate real-time images of Russian units. drone deployment before. Through- immediately. Drone makers in the by banning or restricting the use of
and long-range. But accuracy is use- This live battlefield data, which the out 2022, it delayed quadcopter ex- West are eager to compete with DJI gas stoves, gas heat, air condition-
ful only if a target can be identified Russian military struggles to dis- ports to the European Union while and other Chinese companies. The ing and even cars with combustible
and rapidly engaged. rupt, is fed back to artillery units. still complying with EU market reg- U.S. should repurpose some of its engines. That is a recipe for lower
When a target is engaged, Ukraine’s ulations and limiting the capabili- aid to Ukraine to include quadcop- living standards, higher prices and
drone operators can fire weapons ties of its Aeroscope UAS detection ters made by U.S. companies. a waning of America’s geopolitical
China’s export controls and assess the battle damage im- systems. But with the export con- The defense secretary can initiate leadership.
mediately. This system enables trols announced last week, China in- an emergency program under the Every time government inter-
on the unmanned aerial strikes deep into the Russian forces stituted a review process for any Defense Department’s Rapid Acquisi- venes in unpredictable energy mar-
systems Kyiv uses will by deploying long-range artillery drone sales that pass a certain tion Authority. This authority, which kets, politicians get it wrong. Take
fire to destroy air defenses, elec- threshold, essentially regulating lets the secretary appropriate funds the Fuel Use Act of 1978. The young
benefit Russia in the war. tronic systems, and other high- ones with military use. The key part from almost any source in the Pen- Sen. Joe Biden and Rep. Al Gore
value targets. is a ban on military end-use. tagon budget, applies when a “com- were among those who championed
Every month, Ukraine uses about Ukraine gets most of its drones pelling national security need” de- the act, which mandated the use of
Unmanned aerial systems also are 10,000 drones of different types. through individual buyers and char- mands “the immediate initiation of coal to generate electricity because
fixtures of modern militaries, first Loss rates vary. Experienced opera- ities that operate in Europe, mean- a project” and “rapid fielding.” The so-called experts were sure the U.S.
used in 1982 at large scale to opera- tors might take the same drone on ing after Sept. 1, when China’s ex- need is obvious: American support was running out of oil and natural
tional effect in suppressing Syrian dozens of missions, while infantry port controls go into effect, it will to Ukraine will fail if the UAS-recon- gas.
air defenses in Lebanon. They units in hot spots could lose drones be hard for Ukrainian units to get naissance system collapses.
searched for long-range heavy guns each day of combat. Russia has cop- Chinese-made drones. The Biden administration has
during the Gulf War and were used ied Ukraine’s system, using the same This is intervention on Russia’s supported Ukraine thus far by deliv- Biden was wrong to back a
by the U.S. and its allies as a key equipment, but less effectively. Rus- behalf. China is unlikely to restrict ering piecemeal capabilities weeks
strike asset against jihadists during sian forces typically use less mobile drone-technology transfers to Rus- to months after its need became ap- 1978 law mandating the use
the global war on terrorism. but more reliable wired communica- sia. Even if it does so nominally, it parent. Ukraine has survived thanks of coal, and he’s wrong to
Ukraine’s military success repre- tions platforms. has almost certainly helped Russia to ingenuity and technological adap-
sents an evolution beyond standard Most drones are made for civilian build a small but useful domestic tation, particularly by using UAS to push solar and wind now.
Western—and, before the current use. Before the Ukraine war, no de- drone industry by exporting con- improve its artillery. If Ukraine
war, standard Russian—military fense contractor had the capacity to sumer electronics that Russia can doesn’t get the UAS support it
practices. Outmanned and out- supply UAS at the scale required for repurpose into low-tech UAS. needs, Russia will gain the upper Then in 1980 the Carter adminis-
gunned, the Ukrainians face an en- combat. Chinese state-backed com- A wholesale ban would over- hand, likely by year end. If the U.S. tration spent billions of dollars on
emy with far more cannons, rocket pany DJI is the world leader, making whelmingly benefit Russia. Despite doesn’t act, it risks handing a deci- renewable-energy subsidies and
launchers and ammunition. Their so- up about two-thirds of the global severe attrition, Russia has quantita- sive victory to Russia—and a geopo- even a business called Synthetic Fu-
lution, developed since the 2014 small drone market. Ukrainian sol- tive artillery superiority over litical gain to China. els Corp. that went bankrupt six
Donbas war began, has been to fight diers prefer DJI equipment to Amer- Ukraine, while Ukraine’s entire ap- years later. When Ronald Reagan let
smarter. ican and European alternatives, proach rests on integrating drones Mr. Cropsey is founder and pres- the market work by deregulating
The Ukrainian UAS reconnais- which cost more and are often less with artillery fire and infantry move- ident of the Yorktown Institute. He energy, oil production soared and
sance system integrates a handful user-friendly and reliable. A short- ment. If the conflict reverted to a served as a naval officer and as prices tumbled. No one worried
of weapons with tens of thousands range DJI quadcopter sells for be- 20th-century contest between deputy undersecretary of the Navy about running out of oil anymore.
of small drones, including handheld tween $1,000 and $5,000; a medium- massed artillery, Russia would have and is author of “Mayday” and That is, until Barack Obama came
machines, larger, four-rotored range one for $5,000 to $15,000. an overwhelming advantage. Without “Seablindness.” into office. In 2011, when gasoline
prices rose, Mr. Obama said that
“we can’t just drill our way out of
WORLD NEWS
© 2023 Dow Jones & Company. All Rights Reserved. * * * * * * THE WALL STREET JOURNAL. Monday, August 7, 2023 | B1
Last Week: S&P 4478.03 g 2.27% S&P FIN g 0.83% S&P IT g 4.14% DJ TRANS g 2.25% WSJ $ IDX À 0.56% 2–YR. TREAS. yield 4.791% NIKKEI 32192.75 g 1.73% See more at WSJ.com/Markets
BY PETER SANTILLI S&P 500 quarterly earnings, S&P 500 second-quarter earnings, change from
AND GEORGE STAHL
Reduces
decline in energy prices. Real estate 10.4
The members of the S&P 50
Financials 5.8
500 are on pace to collectively
report a 5.2% decline in earn-
Flights
Consumer staples 5.8
ings, their worst performance 25 Utilities 4.6
since 2020.
Revenue is on track to rise Technology 1.1
0.6% from a year ago, accord- 0 –5.2 S&P 500 BY DOUG CAMERON
ing to FactSet.
Energy companies are pull- –27.7 Healthcare Airlines in the U.S., Europe
ing down the index as their –25 –28.7 Materials and Asia are temporarily re-
results have fallen from the ducing some flights and
2015 ’16 ’17 ’18 ’19 ’20 ’21 ’22 ’23 –51.4 Energy
record-breaking levels re- routes to inspect aircraft af-
ported a year ago. However, fected by the recall of hun-
they remain strong by histori- Quarterly revenue of a selection of S&P 500 companies by sector, change from a year ago‡ dreds of Pratt & Whitney jet
cal standards. engines, leaving the unit of
“Obviously, gas prices were Revenue $10B $100B Evolution of revenue Falling revenue the aerospace and defense
down, but I think refining company RTX facing a poten-
margins are down a bit but COMMUNICATION SERVICES tial multibillion-dollar bill.
ENERGY TECHNOLOGY HEALTHCARE
still in very healthy territory,” Exxon Mobil and Chevron Apple sales fell for the third UnitedHealth Group’s quarterly Google parent Alphabet and Some 137 engines used on
Exxon Mobil Chief Executive each had 28% declines in consecutive quarter amid revenue rose by 15.6%, the Facebook owner Meta Platforms Airbus single-aisle jets will
Darren Woods said on the revenue with energy prices softening demand for company’s largest year-over-year benefited from increases in need to be inspected over the
company’s earnings call last lower than a year ago. consumer devices. percentage increase in seven years. advertising sales. next several weeks, RTX said.
month. –80% 0% 80% That is fewer than the 200
Exxon’s earnings fell by originally expected but still a
56% from a year ago on a 28% Meta problem for carriers that were
drop in revenue. Apple already dealing with staffing
CVS Alphabet
Through Friday, 84% of the shortages and air-traffic con-
S&P 500 companies have re- trol congestion.
ported results for the second UnitedHealth The ability of RTX to con-
Exxon Mobil Microsoft
quarter of 2023, and some big Chevron Group tain and fix the problems has
names remain, including Walt major ramifications for one of
Disney on Wednesday, Wal- *The change for the second quarter of 2023 is as of Aug. 4 and based on a blend of actual results and estimates. †As of Aug. 4
the world’s biggest aerospace
mart on Aug. 17 and Nvidia ‡Excludes companies that have yet to report earnings for the most recent quarter. To avoid overlap, the horizontal placement of some circles is approximated. and defense companies.
on Aug. 23. Sources: FactSet (S&P 500 quarterly earnings); Dow Jones Market Data (selection of companies) Peter Santilli/THE WALL STREET JOURNAL Please turn to page B4
BY JUSTIN BAER through, but one thing was It is getting harder for a pair
clear: Clothier’s life was falling of Air Jordans to make it all
Peter Clothier checked into a apart. the way from the factory to a
Santa Fe, N.M., hotel in 2017, Whistleblowers sometimes store shelf or your front porch.
alone and suicidal. win widespread acclaim, as Nike goods have been stolen
Drunk on red wine, uninter- when an Enron employee ap- at almost every step of the sup-
ested in the opera festival he peared on the cover of Time or ply chain, from distribution
had come to attend, Clothier when Russell Crowe starred in centers, rail yards and storage
fumed. For years, he had been a movie about a former Big To- trains to FedEx delivery trucks,
trying to call attention to what bacco executive. The U.S. gov- highlighting how retail crime
he believed was wrongdoing in ernment believes in rewarding goes beyond shoplifting or
his corner of Wall Street. He tipsters who call attention to smash-and-grab thefts in
JAKUB PORZYCKI/NURPHOTO/ZUMA PRESS
felt unheard by his former em- misbehavior. This year, the Se- stores.
ployer and the government. curities and Exchange Commis- Los Angeles police in June
Clothier emailed a former sion issued its biggest ever seized at least $3 million worth
colleague, saying he intended whistleblower award, for $279 of Nike products that they say
to kill himself and laying the million. were stolen from a warehouse
blame on other former co- But most whistleblowers near the Port of Los Angeles.
workers. He didn’t follow Please turn to page B6 Inside the boxes were pairs of
an unreleased style of the
NOCTA x Nike Glide, a $160
A few weeks earlier, Los An- than $50 billion in annual sales, Executives at retailers such profit. Air Jordans and other
geles County sheriff’s detec- hasn’t disclosed the amount of as Target, Macy’s, BJ’s Whole- designs regularly change hands
tives arrested a dozen people merchandise it loses to theft sale Club and Ulta Beauty for hundreds of dollars above
who authorities say were part and declined to comment for have blamed criminal networks the original price.
of a crime ring that over the this article. for causing problems with their In February, Nike offered to
past year stole around The journey to the U.S. for a inventories and called it an ur- pay for off-duty and more on-
$750,000 in merchandise from pair of Air Jordans starts at gent issue. Reports of cargo duty police officers to address
one Nike store. factories in Vietnam or China, theft across the supply chain safety and theft concerns at a
“The supply chain is under where the sneakers are typi- increased by 63% during the northeast Portland, Ore., store,
attack right now,” said Keith cally manufactured. The sneak- first half of 2023 compared which has been closed since
AVIATION HEARD ON THE Lewis, vice president of opera- ers then have a winding path with a year earlier, according last year. The Portland
Planet Labs, Astra STREET tions for Verisk-owned Cargo- from Asia, with several stops at to data from CargoNet. mayor’s office said the pro-
Net, a theft prevention and re- ports, warehouses and distri- Nike products became more posal wasn’t feasible given
Space and Satellogic Stablecoins are covery network that often bution centers before they ar- attractive targets for criminals staff limitations.
have all cut jobs amid offering less stability collaborates with law enforce- rive in stores or homes. A pair in recent years as reselling lim- Organized retail crime
lofty goals. B4 for Coinbase. B10 ment. of shoes are at risk of being ited-edition sneakers turned groups carry out carefully
Nike, which generates more stolen at each stop, Lewis said. into an easy way to make a Please turn to page B9
.
KIT BOSS
Caron, Jim....................................A6
Chen, Eva....................................A12 I-J S $100,000, ranging from memo- fans of “Insecure,” a virtual
Clothier, Peter............................B1 Irwin, Emily...............................A12 Shaw, Alan...................................B2 rabilia to personalized experi- hangout with showrunner
Collett, Mike...............................B4 Ives, Andy.....................................R4 Skloff, Aaron...............................R2 ences with show creators, writ- A signed script of the ‘Seinfeld’ finale was being auctioned. Prentice Penny and cast mem-
D Jordan, Scott..............................A2 Smith, Matt................................A6 ers and performers. bers to be named later. “I’m
L Sparks, Scott..............................R2 The Writers Guild of Amer- of many fundraising efforts in “Saturday Night Live” on 3×5 excited to share how the sau-
Denton, David...........................A2
Drake..................................................B1 Lewis, Keith.................................B1 W ica went on strike in May, fol- recent weeks to support those cards, typing them up and sage was made,” says Penny.
E-G Lucina, Pam.................................R2 Werbowy, Daria.....................A12 lowed two months later by the hurt by the strikes. This partic- later editing them by hand. One popular item already
Elaine Rubin...............................R2 M Woods, Darren..........................B1 Screen Actors Guild-American ular fundraiser benefits the One reads: “If you ever drop sold at a preauction: the
Erb, Claude...................................R6 Malik, Saira.................................R2 Z Federation of Television and Entertainment Community your keys into a river of mol- chance for the bidder’s name
Giangola, Ramya..................A12 Marshall, Will............................B4 Zuckerberg, Mark..................A11 Radio Artists. The clash with Fund, a nonprofit that helps ten lava, let ’em go, because, to appear in a crime novel by
movie and TV studios, net- people working in film, TV, man, they’re gone.” bestselling author Connelly,
works and streamers involves theater and other disciplines. The writer has held on to a who created the “Bosch” char-
The Marketplace
To advertise: 800-366-3975 or WSJ.com/classifieds
BY ALEXANDER OSIPOVICH High-frequency trading (HFT) transmitters are clustered near how much wattage they’re go-
New York and Chicago, home to major financial markets. ing to put behind it.” ANNOUNCEMENTS BUSINESS OPPORTUNITIES
Ham radio operators are Locations near Seattle boost transmissions to Asia. The group behind the pro-
sounding the alarm over the posal, called the Shortwave
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coming from Wall Street.
CANADA such fears are overblown. The
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A group of high-frequency clude such trading giants as BizSuccessBooks.com License Plate
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eral Communications Commis- Holdings and Virtu Financial— (904) 293-9893 • Since 1999
jkg@gradyresearch.com
Seattle area
sion to open shortwave fre- says it has been using short- • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • - Ends 8/25 -
Our Newest Book.
quencies to greater commercial Chicago area wave for several years and
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use, so they can use radio to there haven’t been any verified Macaron Brand
UNITED New York area How to Start or Buy
zip financial data around the complaints of interference. seeks investment
STAT E S a Business. for expansion.
world in milliseconds. “The proposed power limit is
Great Gift for Students. Recession-proof
Prominent members of the consistent with, and in many INVESTMENT
500 miles Buy at Amazon,
amateur-radio community say 500 km
cases lower than, the levels used OPPORTUNITY!
Other Retailers.
interference from traders’ MEX. in these frequencies set aside for info@madeleinesmacarons.com
broadcasts could ruin their certain commercial uses,” a co-
hobby, which often involves Sources: Dave Gustafson; Federal Communications Commission alition spokeswoman said.
tuning in to weak radio signals Jake Steinberg/THE WALL STREET JOURNAL High-frequency traders have AUCTIONS PUBLIC NOTICES
so they can chat with fellow been in a yearslong arms race to
hams in faraway places. Hun- old Los Angeles resident, he watts, and many use off-the- execute transactions as fast as PLEASE TAKE NOTICE THAT Michele Vives, the Court-
NOTICE OF PUBLIC AUCTION appointed Receiver (“Receiver”) for 1inMM Capital,
dreds of hams have filed letters likes using his radio to send shelf radios with 100 watts. possible, or risk losing money to CERTAIN ASSETS OF HYLETE INC. LLC (“1inMM”) as well as assets that are attributable
with the FCC opposing the digital data about weather con- “They’re asking for an in- speedier rivals. A DELAWARE CORPORATION
to investor or client funds or that were fraudulently
transferred by 1inMM or Zachary J. Horwitz (“Horwitz”),
traders’ proposal, and some ditions to other hams. He com- sane amount of power,” Fansler An FCC spokesman said: “We The assets to be sold consist of certain
and certain plaintiffs who invested in 1inMM, have
reached an agreement to settle and release all claims
have railed against the plan in plains that the traders are said. “It’s like having neighbors appreciate the importance of intangible assets used in the business of asserted or that could have been asserted against JJMT
Hylete, Inc. a Delaware Corporation, Capital, LLC, JJMT Group, LLC, J.T.H.D. Investments, LLC
YouTube videos. looking to transmit with up to move in with a drum set and amateur radio and make every including patents, trademarks, domain name, or Chi-Town Capital, LLC (collectively, “JJMT”), Joseph
Brock Fansler is among 20,000 watts of power, while guitar. This is going to be effort to ensure spectrum uses website, customer list & other intangibles. deAlteris, Jacob Wunderlin and Matthew Schweinzger
(collectively, “JJM Parties”), as well as their wives,
By Order of Secured Creditor
those speaking out. A 40-year- amateurs are capped at 1,500 blasted all over the planet, with do not interfere with each other.” UCC 9-610 Foreclosure Auction children, respective current and former employers
and certain other entities and trusts identified in the
Location: Online via zoom Settlement Agreement (collectively, “Related Parties”),
Thursday, August 10, 2023 at 11:00am PDT as to any acts or omissions arising out of, in connection
Yellow
with or relating in any way to: (1) the 1inMM Ponzi
Brotherhood of Teamsters. ing, including BNSF Railway, Walmart, Home Depot and Call or email request for more information Scheme; (2) the 1inMM Defendants; (3) JJMT; (4) any
Brian Testo, Brian Testo Associates, LLC investment, loan or transfer of money to JJMT and/or
The company said it would Amazon.com with and Home many other smaller busi- (818) 592-6592 x 101 repayment or lack of repayment by JJMT or the 1inMM
Defendants (“Settlement”). As part of the Settlement,
seek bankruptcy court autho- Depot. nesses. or briantesto@gmail.com
Files for
the Receiver has asked the Court to permanently bar
rization to make payments in- Yellow’s demise also re- Despite swallowing rivals www.btesto.com and enjoin any person or entity from commencing or
continuing any legal proceeding against any of the JJM
cluding wages, salaries and moves a major contributor to several years ago, getting Parties and/or any of the Related Parties asserting any
legal or equitable claim arising out of, in connection
benefits. the Central States Pension union concessions over the
Bankruptcy
with or relating in any way to, 1inMM, the 1inMM Ponzi
Scheme, JJMT or Horwitz, as more particularly described
The company said it has Fund, a multiemployer pen- past 15 years and securing a in the proposed Bar Order (a “1inMM Claim”). All 1inMM
lined up a loan to fund its stay sion fund that received a fed- government bailout in 2020, THEMARKETPLACE Claims will be channeled into a receivership claims
process the United States District Court for the Central
in chapter 11, including selling eral bailout last December un- the company went into a fi- District of California will establish by separate order.
assets. Yellow owns some der a program aimed at nancial tailspin this year as ADVERTISE TODAY Complete copies of the Settlement Agreement, the
proposed Bar Order and other documents pertaining to
Continued from page B1 12,000 trucks and dozens of shoring up near-insolvent re- shipping demand foundered (800) 366-3975 the Settlement are available on the Receiver’s website,
www.1inMMreceivership.com.
The closure means the loss freight terminals across the tirement plans. and an operational restructur- For more information visit: Interested parties may submit written questions or
objections to the Settlement to the Receiver by sending
of 30,000 jobs, including country. Yellow was known for its ing effort triggered a show- wsj.com/classifieds an email to 1inMM@douglaswilson.com by no later than
4:00 pm PDT on September 4, 2023. (All capitalized
22,000 positions held by the Yellow listed 30 unsecured cut-rate prices and moving down with the Teamsters © 2023 Dow Jones & Company, Inc. terms not defined in this notice are defined in the
members of the International creditors in its bankruptcy fil- freight across the country for union. All Rights Reserved. Settlement Agreement or the Motion.)
.
BUSINESS NEWS
Pollo Tropical
Restaurant Chain
Approaches a Sale
BY LAUREN THOMAS Taco Cabana chain to YTC En-
terprises, an affiliate of a Jack
The Pollo Tropical restau- in the Box, El Pollo Loco and
rant chain is nearing a deal to Denny’s franchisee, for $85
be bought by an investment million in 2021 in a bid to pay
firm for $225 million. down debt.
Authentic Restaurant Authentic Restaurant
Brands, part of New York- Brands is a holding company
based Garnett Station Part- that also owns sports-bar
ners, plans to add the fast-ca- chain P.J. Whelihan’s and
sual restaurant operator to a Mambo Seafood. The company
RACHEL MUMMEY/REUTERS
TECHNOLOGY WSJ.com/Tech
Space Firms
Struggle to Hit
Lofty Goals
Planet Labs, Astra execute,” said Will Marshall,
chief executive at Planet Labs,
Space and Satellogic in an email to employees the
cut jobs; Virgin Orbit company posted online.
The space industry ranges
filed for bankruptcy from satellite operators that
peddle internet connections to
BY MICAH MAIDENBERG
sprawling divisions of multibil-
Problems have dogged Pratt & Whitney since it introduced its GTF to airlines in 2016.
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MARKETS DIGEST
Dow Jones Industrial Average S&P 500 Index New to the Market
Last Year ago Last Year ago
35065.62 t 393.67, or 1.11% last week Trailing P/E ratio 25.53 19.36 4478.03 t 104.20, or 2.27% last week Trailing P/E ratio * 20.27 22.56 Public Offerings of Stock
High, low, open and close for each of P/E estimate * 19.38 17.41 High, low, open and close for each of P/E estimate * 20.75 18.22
the past 52 weeks Dividend yield 2.04 2.14 the past 52 weeks Dividend yield * 1.54 1.58 IPOs in the U.S. Market
All-time high 36799.65, 01/04/22 All-time high 4796.56, 01/03/22
None expected this week
32200 4200 Aug. 11 Aug. 11, ’22 Forza X1 FRZA 5.00 15.0 –76.0 365 days
Aug. 11, ’22 Reborn Coffee REBN 5.00 6.0 –86.2 365 days
Feb. 8, ’23 Lucy Scientific Discovery LSDI 4.00 8.0 –72.3 180 days
Week's high 30900 4000
Feb. 8, ’23 Nextracker NXT 24.00 500.0 70.3 180 days
65-day moving average DOWN UP Feb. 8, ’23 Hesai Group HSAI 19.00 162.0 –41.2 180 days
t
CLOSED-END FUNDS
Listed are the 300 largest closed-end funds as 52 wk Prem12 Mo Prem12 Mo 52 wk Prem12 Mo
measured by assets. Closed-end funds sell a limited Prem Ttl Fund (SYM) NAV Close /Disc Yld Fund (SYM) NAV Close /Disc Yld Prem Ttl Fund (SYM) NAV Close /Disc Yld
number of shares and invest the proceeds in securities. Fund (SYM) NAV Close /Disc Ret Fund (SYM) NAV Close /Disc Ret
Unlike open-end funds, closed-ends generally do not Western Asset Inf-Lk Inc WIA 9.63 8.48 -11.9 14.2 BlckRk Muni Inc Qly BYM 12.38 10.91 -11.9 4.5 Apollo Diversified Cd:C NA NA NA 7.7
buy their shares back from investors who wish to cash Neuberger Brmn MLP & EI NML NA 7.06 NA 14.6 Western Asset Inf-Lk O&I WIW 10.33 8.98 -13.1 12.3 BR MuniAssets Fd MUA 11.00 9.99 -9.2 5.2 NexPointRlEstStrat;A 18.96 NA NA -8.8 Apollo Diversified Cd:F NA NA NA 10.5
in their holdings. Instead, fund shares trade on a stock
exchange. NA signifies that the information is not Neuberger Nxt Gen Conn NBXG 13.12 10.73 -18.2 4.1 Westn Asst IG Def Opp Tr IGI 17.07 16.22 -5.0 4.8 BR MH Qly 2 MUE 11.22 9.65 -14.0 4.3 NexPointRlEstStrat;C 19.18 NA NA -9.6 Apollo Diversified Cd:I NA NA NA 8.2
available or not applicable. NS signifies funds not in NuvDow30DynOverwrite DIAX 16.06 14.36 -10.6 -1.8 Loan Participation Funds BR MuniHoldngs MHD 13.27 11.49 -13.4 4.3 NexPointRlEstStrat;Z 19.20 NA NA -8.6 Apollo Diversified Cd:L NA NA NA 8.0
existence for the entire period. 12 month yield is NuvCorEqAlpha JCE 13.26 12.81 -3.4 1.1
computed by dividing income dividends paid (during Apollo Senior Floating AFT NA 13.17 NA 10.0 BR MuniVest Fd MVF 7.74 6.68 -13.7 4.2 PIMCO Flexible REI;Inst 10.18 NA NA NS Apollo Diversified Cd:M NA NA NA 7.8
the previous 12 months for periods ending at month- NuveenNasdaq100DynOv QQQX 24.43 23.83 -2.5 5.0 BR Debt Strategy DSU NA 9.98 NA 9.0 BR MuniVest 2 MVT 12.04 10.35 -14.0 4.1 PREDEX;I 27.33 NA NA -12.2 Opprtnstc Crdt Intrvl;I 12.06 NA NA 7.2
end or during the previous 52 weeks for periods Nuv Real Est JRS 8.44 7.43 -12.0 -17.7 BR F/R Inc Str FRA 13.19 12.48 -5.4 8.8 BR MuniYield Fd MYD 11.81 10.29 -12.9 4.6 PREDEX;T 27.48 NA NA -12.3 Peak Income Plus NA NA NA NS
ending at any time other than month-end) by the
latest month-end market price adjusted for capital Nuveen Rl Asst Inc & Gro JRI 13.28 11.29 -15.0 -10.6 BlackRock Floatng Rt Inc BGT 12.82 11.99 -6.5 8.9 BR MuniYield Qlty MQY 12.89 11.48 -10.9 4.7 PREDEX;W 27.48 NA NA -12.3 PIMCO Flexible Cr I;A-1 6.82 NA NA 15.6
gains distributions. Depending on the fund category, NuvS&P500DynOvFd SPXX 16.35 15.50 -5.2 1.2 BS SFR 2027 T BSL 14.49 13.08 -9.7 8.8 BR MuniYld Qlty2 MQT 11.43 9.96 -12.9 4.7 Principal Dvs Sel RA A 25.16 NA NA 0.3 PIMCO Flexible Cr I;A-2 6.82 NA NA 15.6
either 12-month yield or total return is listed.
Source: Lipper
NuvSP500BuyIncFd BXMX 13.84 13.25 -4.3 3.8 BS St Cr 2027 Tm BGB 12.48 11.04 -11.5 9.0 BR MuniYld Qly 3 MYI 12.23 10.82 -11.5 4.5 Principal Dvs Sel RA Ins 25.25 NA NA 0.6 PIMCO Flexible Cr I;A-3 6.82 NA NA 15.4
ReavesUtilityIncome UTG 26.62 27.16 +2.0 -9.0 EtnVncFltRteInc EFT 13.16 12.15 -7.7 9.3 BNY Mellon Muni Bd Infra DMB 11.62 11.10 -4.5 4.4 Principal Dvs Sel RA Y 25.48 NA NA 0.8 PIMCO Flexible Cr I;A-4 6.82 NA NA 15.4
Friday, August 4, 2023
Tortoise Enrgy Infra Crp TYG 36.24 29.97 -17.3 0.4 EV SenFlRtTr EFR 12.95 12.14 -6.3 9.0 BNY Mellon Str Muni Bond DSM 6.45 5.57 -13.6 5.0 Redwood Rl Est;I 25.03 NA NA NS PIMCO Flexible Cr I;Inst 6.82 NA NA 16.2
52 wk
Prem Ttl Tortoise Midstream Enrgy NTG 42.09 35.30 -16.1 8.9 FT/Sr Fltg Rte Inc 2 FCT 11.03 9.99 -9.4 9.2 BNY Mellon Strat Muni LEO 6.74 5.99 -11.1 4.8 SS Priv Venture & Gr:D NA NA NA NS Other Domestic Taxable Bond Funds
Fund (SYM) NAV Close /Disc Ret VDivInt&PremStr NFJ NA 12.43 NA 3.7 Highland Oppty & Income HFRO NA 8.42 NA 10.8 DWS Muni Inc KTF NA 8.51 NA 3.9 SS Priv Venture & Gr:I NA NA NA NS AFA MMC;Fndr 9.42 NA NA 9.2
General Equity Funds V Art Int&Tech Opps AIO NA 18.10 NA 10.6 InvDYCrOpp:AX VTA NA NA NA NA EVMuniBd EIM 11.22 9.78 -12.8 4.3 SS Priv Venture & Gr:S NA NA NA NS AFA MMC;Inst 9.46 NA NA 9.2
Adams Diversified Eq Inc ADX 20.25 17.39 -14.1 11.5 Income & Preferred Stock Funds InvSnrIncTr VVR 4.11 3.87 -5.8 13.9 EVMuniIncm EVN 11.11 9.81 -11.7 5.0 SS Priv Venture & Gr;T NA NA NA NS Alternative Credit Inc:A NA NA NA 7.2
Central Secs CET NA 36.93 NA 6.5 CalamosStratTot CSQ 14.82 14.79 -0.2 3.6 Nuveen Credit Strat Inc JQC 5.81 5.04 -13.3 10.9 EVNatMuniOpp EOT 17.98 16.81 -6.5 4.3 The Private Shares;A 39.98 NA NA -6.5 Alternative Credit Inc:C NA NA NA 6.4
CohenStrsCEOppFd FOF 10.82 11.00 +1.7 2.0 CohenStrsLtdDurPref&Inc LDP 19.89 18.24 -8.3 -5.5 NuvFloatRateIncFd JFR 9.11 8.09 -11.2 10.7 InvAdvMuIncTrII VKI NA 8.29 NA 5.0 The Private Shares;I 40.59 NA NA -6.3 Alternative Credit Inc:I NA NA NA 7.4
EVTxAdvDivIncm EVT 24.20 22.93 -5.2 -3.8 CohenStrsSelPref&Income PSF 19.58 18.89 -3.5 -6.8 High Yield Bond Funds Invesco MuniOp OIA 6.18 6.18 0.0 5.2 The Private Shares;L 39.40 NA NA -6.8 Alternative Credit Inc:L NA NA NA 6.9
GabelliDiv&IncTr GDV NA 21.30 NA 3.3 CohenStrsTaxAvPreSecs&I PTA 19.42 18.19 -6.3 -2.4 abrdn Inc Credit Str ACP 6.86 6.87 +0.1 17.4 InvescoMuOppTr VMO 10.61 9.28 -12.5 4.9 Thirdline Real EstateI 10.07 NA NA 6.5 Alternative Credit Inc:W NA NA NA 7.2
Gabelli Equity Tr GAB NA 5.47 NA -1.4 FirstTrIntDurPref&Inc FPF 17.62 15.47 -12.2 -15.4 AllianceBernGlHiIncm AWF 10.64 9.82 -7.7 8.9 InvescoMuTr VKQ NA 9.31 NA 5.0 USQ Core Real Estate:I 26.51 NA NA -10.5 Angel Oak Str Crdt:FI NA NA NA 8.0
GeneralAmer GAM 50.72 41.55 -18.1 10.7 JHanPrefInc HPI 15.16 15.36 +1.3 -10.9 Allspring Income Oppty EAD 7.13 6.37 -10.7 9.7 InvescoQual Inc IQI NA 9.35 NA 5.0 USQ Core Real Estate:IS 26.57 NA NA -10.5 Angel Oak Str Crdt:Inst NA NA NA 8.6
JHancockTaxAdvDiv HTD 20.96 20.06 -4.3 -13.8 JHPrefIncII HPF 15.03 15.42 +2.6 -11.6 Barings Glb SD HY Bd BGH 14.83 13.19 -11.1 9.4 InvTrInvGrMu VGM NA 9.55 NA 4.9 Versus Cap MMgr RE Inc:I NA NA NA NE BR Credit Strat;A 8.68 NA NA 7.0
Liberty All-Star Equity USA 6.41 6.50 +1.4 6.8 HnckJPfdInco III HPS 13.52 14.22 +5.2 -8.5 BR Corporate HY HYT NA 9.04 NA 10.3 InvescoValMunInc IIM NA 11.63 NA 4.9 Wildermuth:A 9.91 NA NA -24.3 BR Credit Strat;Inst 8.65 NA NA 7.9
Liberty All-Star Growth ASG 5.55 5.27 -5.0 -12.8 J Han Prm PDT 11.63 10.97 -5.7 -23.2 BlackRock Ltd Dur Inc BLW 13.71 13.20 -3.7 8.8 MAINSTAY:MKDEFTRMUNOP MMD 16.82 16.85 +0.2 5.6 Wildermuth:C 9.30 NA NA -24.9 BR Credit Strat;U 8.68 NA NA 7.0
Royce Micro-Cap Tr RMT 10.29 9.02 -12.3 5.7 LMP CapInco SCD 14.77 12.70 -14.0 3.9 BNY Mellon Hi Yield Str DHF 2.56 2.23 -12.9 8.6 NeubrgrBrm NBH 11.75 10.07 -14.3 5.1 Wildermuth:I 10.04 NA NA -24.1 BR Credit Strat;W 8.68 NA NA 7.0
Royce Value Trust RVT 16.04 14.03 -12.5 -2.0 Nuveen Multi-Asset Inc NMAI 13.79 11.82 -14.3 0.3 Brookfield Real Asst Inc RA 14.81 17.15 +15.8 14.0 Nuveen AMT-Fr Mu Val NUW 14.97 13.50 -9.8 3.4 Income & Preferred Stock Funds BlackRock Mlt-Sctr Oppty 67.00 NA NA 9.0
Source Capital SOR 43.14 39.50 -8.4 9.0 Nuveen Pref & Inc Opp JPC 7.43 6.56 -11.7 -11.8 CrSuisHighYld DHY 2.11 1.89 -10.4 9.8 Nuveen AMT-Fr Qlty Mun I NEA 12.39 10.62 -14.3 4.4 Alpha Alternative Assets 6.30 NA NA 0.1 BlackRock Mlt-Sec Opp II 69.31 NA NA 9.0
Sprott Focus Trust FUND 8.77 8.19 -6.6 8.9 Nuveen Fd JPS 7.41 6.49 -12.4 -9.6 DoubleLine Inc Sol DSL 11.95 12.14 +1.6 12.5 Nuveen AMT-Fr Mu CI NVG 13.26 11.48 -13.4 4.9
Calamos L/S Eqty and DI CPZ 18.01 15.33 -14.9 0.6 CION Ares Dvsfd Crdt;A NA NA NA 6.9
SRH Total Return STEW 16.69 13.51 -19.1 12.3 Nuveen Pref & Inc Term JPI 18.38 17.88 -2.7 -8.0 DoubleLine Yld Opps DLY 15.31 14.57 -4.8 9.7 Nuveen Dyn Muni Opp NDMO 10.75 10.68 -0.7 7.6
Nuveen Var Rate P&I NPFD 18.71 16.35 -12.6 -14.7 Carlyle AlpInv Pvt Mkt:I NA NA NA NS CION Ares Dvsfd Crdt;C NA NA NA 6.3
Tri-Continental TY 31.62 27.74 -12.3 4.5 First Tr Hi Inc Lng/Shrt FSD 12.43 11.21 -9.8 10.9 Nuveen Mu Crdt Opps NMCO 11.52 11.49 -0.3 5.7
TCW Strat Income TSI NA 4.66 NA 0.5 Constitution Cap Acs A NA NA NA NS CION Ares Dvsfd Crdt;I NA NA NA 7.1
Specialized Equity Funds First Trust HY Opp:2027 FTHY 15.35 13.68 -10.9 10.9 Nuv Muni Credit Income NZF 13.33 11.55 -13.4 4.8
Convertible Sec's. Funds Constitution Cap Acs D NA NA NA NS CION Ares Dvsfd Crdt;L NA NA NA 6.7
abrdn Glb Prem Prop AWP 4.15 3.95 -4.8 -14.0 Franklin Univ FT 7.42 6.87 -7.4 7.2 NuvMuniHiIncOpp NMZ 10.74 10.46 -2.6 5.6
AdvntCnvrtbl&IncFd AVK 12.57 11.72 -6.8 -5.0 Flat Rock Opportunity 18.65 NA NA 7.8 CION Ares Dvsfd Crdt;U NA NA NA 6.5
abrdn Global Infra Inc ASGI 20.70 17.63 -14.8 0.3 KKR Income Opportunities KIO NA 11.86 NA 11.2 Nuveen Muni Val NUV 9.20 8.63 -6.2 3.8
CalamosConvHi CHY 10.83 11.40 +5.3 -2.7 Lord Abbett Spec Sit I:A 9.12 NA NA 7.7 CION Ares Dvsfd Crdt:U2 NA NA NA 6.5
Adams Natural Resources PEO 26.20 22.54 -14.0 20.6 New Amer Hi Inc HYB 7.89 6.80 -13.8 7.9 Nuveen Quality Muni Inc NAD 12.80 11.01 -14.0 4.6
CalmosConvOp CHI 10.26 11.15 +8.7 -1.5 Lord Abbett Spec Sit I:I 9.12 NA NA 8.5 CION Ares Dvsfd Crdt;W NA NA NA 6.7
ASA Gold & Prec Met Ltd ASA 17.52 15.00 -14.4 0.8 Nuveen Global High Inc JGH 12.84 11.55 -10.0 11.0 Nuveen Sel TF NXP 14.29 14.45 +1.1 3.9
Ellsworth G&I Fund Ltd ECF NA 8.66 NA -3.8 PGIM Global High Yield GHY 12.57 11.31 -10.0 11.0 Variant Altrntv Inc:Inst 29.22 NA NA 9.2 CNR Select Strategies 12.78 NA NA 0.0
BR Enh C&I CII 19.33 18.57 -3.9 6.8 PIMCO MuniInc PMF NA 9.69 NA 5.6
V Conv & Inc NCV NA 3.43 NA -4.5 PGIM High Yield Bond ISD 13.68 12.26 -10.4 10.1 Variant Impact;Instl 27.49 NA NA 11.3 First Eagle Crdt Opps A 23.56 NA NA 9.4
BlackRock Energy & Res BGR 14.28 12.42 -13.0 17.2 PIMCOMuniIncII PML NA 8.93 NA 6.2
V Conv & Inc II NCZ NA 3.02 NA -3.0 PGIM Sh Dur Hi Yld Opp SDHY 17.17 15.23 -11.3 8.4 Convertible Sec's. Funds First Eagle Crdt Opps A2 23.51 NA NA 9.1
BlackRock Eq Enh Div BDJ 8.85 8.21 -7.2 -1.6 Pimco Muni III PMX NA 7.74 NA 5.8
V Div Inc & Conv ACV NA 20.02 NA -1.6 PioneerHilncm PHT 7.73 6.75 -12.7 10.2 Calmos Dyn Conv and Inc CCD 20.06 20.77 +3.5 -0.2 First Eagle Crdt Opps I 23.47 NA NA 9.99
BlackRock Enh Glbl Div BOE 11.57 9.96 -13.9 3.4 PioneerHilncAdv MAV 9.07 7.79 -14.1 5.6
V Eqty & Conv Inc NIE NA 21.36 NA 12.1 WstAstHIF II HIX 4.74 4.95 +4.4 11.9 PionrMuniHiIncOppty MIO 12.31 10.70 -13.1 5.7 World Equity Funds First Trust Private Cr;A 10.22 NA NA NS
BlackRock Enh Intl Div BGY 6.11 5.30 -13.3 9.3
World Equity Funds Western Asset Hi Inc Opp HIO 4.25 3.81 -10.4 9.3 PioneerMunHiIcm MHI 9.78 8.42 -13.9 5.7 ACAP Strategic:A 17.68 NA NA 6.4 First Trust Private Cr;I 10.25 NA NA 4.8
BlackRock ESG Cap All T ECAT NA 15.73 NA 12.5
abrdn Emg Mkts Eq Inc AEF NA 5.31 NA 5.1 Western Asset Hi Yld D O HYI 12.43 11.79 -5.1 9.5 Putnam Mgd Inc PMM 6.39 5.88 -8.0 5.8 ACAP Strategic:W 13.21 NA NA 7.2 Franklin BSP Pvt Cr:A 10.27 NA NA NS
BlackRock Hlth Sci Term BMEZ 18.35 16.11 -12.2 2.0
BlackRock Hlth Sciences BME 41.97 39.75 -5.3 abrdn Glbl Dyn Div AGD NA 9.39 NA 3.1 Other Domestic Taxable Bond Funds Putnam Muni Opp PMO 10.90 10.08 -7.5 5.4 CalamosGlbTotRet CGO 10.32 9.55 -7.5 5.6 Franklin BSP Pvt Cr:Adv 10.28 NA NA NS
-3.8
BlackRock Innov&Gro Term BIGZ 9.44 8.09 -14.3 -4.3 abrdn Tot Dyn Div AOD NA 8.13 NA 5.7 Allspring Multi-Sector ERC 9.91 9.46 -4.5 8.9 RiverNorth Flx Mu Inc II RFMZ 15.14 14.23 -6.0 7.5 Cantor Fitzgerald SI:A 10.36 NA NA -1.9 FS Credit Income;A 11.87 NA NA 7.2
BlackRock Res & Comm BCX 10.94 9.62 -12.1 13.4 Allspring Gl Div Oppty EOD 4.87 4.35 -10.7 -2.7 Ares Dynamic Crdt Alloc ARDC NA 12.69 NA 10.0 RiverNorth Mgd Dur Mun I RMM 15.99 15.42 -3.6 6.9 Cantor Fitzgerald SI:C 10.31 NA NA NS FS Credit Income;I 11.90 NA NA 7.4
BlackRock Sci&Tech Term BSTZ 21.46 18.36 -14.4 -7.2 BlackRock Cap Alloc Term BCAT NA 15.35 NA 8.6 BlackRock Mlt-Sctr Inc BIT 14.48 14.91 +3.0 9.9 Western Asset Mgd Muni MMU 11.39 9.75 -14.4 4.4 Cantor Fitzgerald SI:I 10.35 NA NA NS FS Credit Income;T 11.89 NA NA 6.9
BlackRock Sci&Tech Trust BST 34.01 33.91 -0.3 -0.2 Calamos GloDynInc CHW 6.77 6.04 -10.8 -10.0 BlackRock Tax Muni Bd BBN 17.40 15.98 -8.2 7.8 Single State Muni Bond Primark Priv Eq Inv:I 11.66 NA NA 1.4 FS Credit Income;U 11.85 NA NA 6.6
BlackRock Utl Inf & Pwr BUI 22.34 22.52 +0.8 2.8 EV TxAdvGlbDivInc ETG 18.52 16.76 -9.5 -4.1 DoubleLine:Oppor Crdt Fd DBL 14.53 14.39 -1.0 9.1 BlackRock CA Mun BFZ 12.73 11.38 -10.6 3.9 Sweater Cashmere 20.68 NA NA 3.4 FS Credit Income;U-2 11.94 NA NA 6.9
CLEARBRIDGEENGYMDSOPP EMO 35.96 31.36 -12.8 24.2 EtnVncTxAdvOpp ETO 25.13 22.88 -9.0 -12.4 EVLmtDurIncm EVV 10.43 9.39 -10.0 11.7 BR MH CA Qly Fd Inc MUC 12.33 10.57 -14.3 4.4 Thornburg Inc Bldr Opps TBLD.O 17.76 15.33 -13.7 11.8 GL Beyond Income 0.41 NA NA NE
CLEARBRIDGEMLP&MDSTMTR CTR 37.87 32.89 -13.2 24.3 FirstTr Dyn Euro Eq Inc FDEU 13.67 13.09 -4.2 23.8 Franklin Ltd Dur Income FTF 7.11 6.30 -11.4 11.4 BR MH NJ Qly MUJ 12.81 11.06 -13.7 4.8 VirtusTotalRetFd ZTR 6.50 6.09 -6.3 -8.5 KKR CREDIT OPPTY;D NA NA NA 8.3
ClearBridge MLP & Midstm CEM 42.38 36.41 -14.1 21.7 Gabelli Multimedia GGT NA 6.24 NA 6.0 J Han Investors JHI 14.04 12.96 -7.7 7.1 BR MH NY Qly MHN 11.81 10.15 -14.1 4.2 Prem12 Mo KKR CREDIT OPPTY;I NA NA NA 8.5
ChnStrInfr UTF 22.64 22.61 -0.1 -9.9 GDL Fund GDL NA 7.91 NA 1.4 MFS Charter MCR 6.74 6.18 -8.3 0.0 BR MuniYld MI Qly MIY 12.66 10.90 -13.9 4.4 Fund (SYM) NAV Close /Disc Yld KKR CREDIT OPPTY;T NA NA NA 7.8
Cohen&SteersQualInc RQI 12.33 11.64 -5.6 -16.0 Highland Global Alloc HGLB NA 8.64 NA -4.0 NuvCorePlusImpact NPCT 11.62 9.92 -14.6 11.1 BR MuniYld NY Qly MYN 11.40 9.86 -13.5 4.1 U.S. Mortgage Bond Funds KKR CREDIT OPPTY;U NA NA NA 7.9
CohenStrs Real Est and I RLTY 15.80 13.96 -11.6 -6.6 India Fund IFN 16.67 16.78 +0.7 13.3 Nuveen Taxable Muni Inc NBB 16.57 15.28 -7.8 6.2 BlackRock NY Mun BNY 11.69 10.04 -14.1 4.1 Arca US Treasury NA NA NA NE Palmer Square Opp Inc 17.27 NA NA 9.0
Cohen&Steers TotRet RFI 11.54 11.55 +0.1 -16.6 Japan Smaller Cap JOF 8.72 7.26 -16.7 13.0 PIMCO Corp & Inc Oppty PTY 10.79 14.52 +34.6 10.6 EVCAMuniBd EVM 10.15 8.84 -12.9 4.2 Loan Participation Funds The Finite Solar Finance NA NA NA 3.3
CohenStrsREITPrefInc RNP 19.87 19.30 -2.9 -13.1 LazardGlbTotRetInc LGI 17.48 15.11 -13.6 -7.2 PIMCO Corp & Inc Strat PCN 11.06 13.87 +25.4 10.9 Eaton Vance NY Muni Bd ENX 10.50 9.45 -10.0 3.7 1WS Credit Income;A2 18.46 NA World Income Funds
NA 6.3
Columbia Sel Prm Tech Gr STK 27.86 29.85 +7.1 8.6 Mexico MXF NA 17.56 NA 34.3 PIMCOHilnco PHK 4.48 5.07 +13.2 11.3 InvCaValMuIncTr VCV NA 9.62 NA 4.5 BlueBay Destra Itl E:A 23.33 NA NA 13.3
1WS Credit Income;Inst 18.75 NA NA 6.2
DNP Select Income DNP 8.13 10.05 +23.7 -1.2 Miller/Howard High Inc E HIE NA 10.20 NA 7.2 PIMCO IncmStrFd PFL 7.73 8.27 +7.0 11.7 InvPAValMuIncTr VPV NA 9.75 NA 4.4 BlueBay Destra Itl E:I 23.35 NA NA 13.5
AlphCntrc Prime Merid In 8.05 NA NA 12.7
Duff&Ph Uti&Infra Inc Fd DPG 10.94 9.63 -12.0 -25.9 MS ChinaShrFd CAF NA 13.28 NA -14.5 PIMCO IncmStrFd II PFN 6.80 7.21 +6.0 12.0 InvTrInvGrNYMu VTN NA 10.03 NA 4.2 BlueBay Destra Itl E:L 23.31 NA NA 13.0
Axonic Alternative Inc 19.70 NA NA 9.0
EtnVncEqtyInc EOI 16.51 16.35 -1.0 7.1 MS India IIF 27.05 22.25 -17.7 7.4 Putnam Prem Inc PPT 3.82 3.59 -6.0 8.5 Nuveen CA AMT-F Qual MI NKX 12.86 11.42 -11.2 4.6 BlueBay Destra Itl E:T 23.21 NA NA 12.9
Blackstone FR EI D 21.52 NA NA 8.9
EtnVncEqtyIncoII EOS 18.67 17.99 -3.6 3.7 MS CBRE Gl In Mg Term MEGI 15.68 13.50 -13.9 -12.9 Western Asset Dvsfd Inc WDI 15.31 13.83 -9.7 11.1 Nuveen CA Val NCA 9.17 8.57 -6.5 3.8 Calamos-Aksia ACI:A 10.12 NA NA NS
Blackstone FR EI I 21.49 NA NA 9.2
EVRskMnDvsEqInc ETJ 8.50 8.13 -4.4 -5.5 New Germany GF NA 8.87 NA 2.4 World Income Funds NuveenCAQtyMuInc NAC 12.40 10.70 -13.7 4.5 Calamos-Aksia ACI:C 10.10 NA NA NS
Templeton Dragon TDF 11.34 9.71 -14.4 -14.7
Blackstone FR EI T 21.45 NA NA 8.7
ETnVncTxMgdBuyWrtInc ETB 14.22 13.48 -5.2 -8.5 abrdn AP IncFd FAX 3.09 2.70 -12.6 12.0 NuvNJ Qual Muni Inc NXJ 13.42 11.45 -14.7 3.8 Calamos-Aksia ACI:I 10.12 NA NA NS
Templeton Em Mkt EMF 14.10 12.23 -13.3 9.0 Blackstone FR EI T-I 21.98 NA NA 8.7
EtnVncTxMgdBuyWrtOpp ETV 13.15 12.98 -1.3 -6.5 MS EmMktDomDebt EDD 5.54 4.74 -14.4 6.1 Nuveen NY AMT/Fr Qual MI NRK 11.79 10.19 -13.6 4.4 Calamos-Aksia ACI:M 10.11 NA NA NS
EvTxMnDvsEqInc ETY 12.35 12.17 -1.5 PIMCO Dynamic Income PDI 17.22 19.37 +12.5 17.2 Blackstone FR EI U 22.40 NA NA 8.7
4.4 Prem12 Mo Nuveen NY Qual Muni Inc NAN 12.26 10.60 -13.5 4.5 Carlyle Tact Pvt Cred:A NA NA NA 9.6
EtnVncTxMgdGlbB ETW 9.00 8.08 -10.2 Fund (SYM) NAV Close /Disc Yld PIMCO Stratg Inc RCS 4.31 5.61 +30.2 11.1 Bluerock HI Inst Crd:A 23.85 NA NA 8.1
-1.8 Nuveen PA Qual Muni Inc NQP 13.01 11.06 -15.0 3.5 Carlyle Tact Pvt Cred:I NA NA NA 10.2
EVTxMnGblDvEqInc EXG 8.66 7.89 -8.9 0.1 Templeton Em Inc TEI 5.73 4.98 -13.1 10.6 Bluerock HI Inst Crd:C 23.86 NA NA 8.1
U.S. Mortgage Bond Funds Nuveen VA Qlty Mun Inc NPV 12.13 10.75 -11.4 4.3 Carlyle Tact Pvt Cred:L NA NA NA 9.6
Ecofin S&S Impact Term TEAF 15.44 12.68 -17.9 -6.1 Templtn Glbl Inc GIM 4.55 4.18 -8.1 8.5 Bluerock HI Inst Crd:F 23.86 NA NA 8.1
BlckRk Income BKT 12.57 12.07 -4.0 8.7 PIMCO CA PCQ NA 9.93 NA 5.6 Carlyle Tact Pvt Cred:M NA NA NA 9.3
First Trust Energy Inc G FEN 15.42 14.05 -8.9 -1.3 WstAstEmergDebt EMD 10.17 8.93 -12.2 10.0 PIMCOCAMuniII PCK NA 5.89 NA 5.1 Bluerock HI Inst Crd:I 23.86 NA NA 8.2
Invesco HI 2023 Tgt Term IHIT NA 7.39 NA 5.6 Carlyle Tact Pvt Cred:N NA NA NA 10.2
First Tr Enhanced Eq FFA 18.30 17.87 -2.3 9.96 Investment Grade Bond Funds Western Asset Gl Cr D Op GDO 12.95 12.40 -4.2 9.6 BNYM Alcntr Glb MS Cr Fd 88.42 NA NA 8.4 Carlyle Tact Pvt Cred:U NA NA NA NS
52 wk
FirstTrEnergyInfra FIF 17.17 15.12 -11.9 10.9 Angel Oak FS Inc Trm FINS NA 11.77 NA 9.7 National Muni Bond Funds Prem Ttl CliffwaterClFd;I 10.58 NA NA 9.6 Carlyle Tact Pvt Cred:Y NA NA NA 10.0
FirstTrMLPEner&Inc FEI NA 7.98 NA 9.1 BlRck Core Bond BHK 10.70 10.61 -0.8 8.2 AllBerNatlMunInc AFB 12.11 10.41 -14.0 4.1 Fund (SYM) NAV Close /Disc Ret CliffwaterElFd;A 10.75 NA NA 9.8 Fid MS Cr;A NA NA NA NS
Gabelli Healthcare GRX NA 9.70 NA -12.4 BR Credit Alloc Inc BTZ 11.15 10.12 -9.2 9.8 BlckRk Inv Q Mun BKN 12.86 11.41 -11.3 4.8 General Equity Funds CNR Strategic Credit 7.37 NA NA 20.0 Fid MS Cr;C NA NA NA NS
Gab Utility GUT NA 6.89 NA 5.4 InvescoBond VBF NA 14.91 NA 5.2 BlackRock Muni 2030 Tgt BTT 23.27 20.72 -11.0 3.3 Alternative Strategies:I 4.93 NA NA -10.0 Equalize Community Dev 9.32 NA NA 3.6 Fid MS Cr;I NA NA NA NS
GAMCOGlGold&NatRes GGN NA 3.74 NA 17.6 J Han Income JHS NA 10.79 NA 4.0 BlackRock Muni BFK 11.37 9.78 -14.0 4.2 First Trust Hdg Strat;A 9.98 NA NA N FedProj&TrFinanceTendr 9.99 NA NA 6.3 Fid MS Cr;L NA NA NA NS
J Han Finl Opptys BTO 28.51 30.23 +6.0 -13.2 MFS Intmdt MIN NA 2.74 NA 0.0 BlackRock Muni II BLE 11.77 10.17 -13.6 4.5 First Trust Hdg Str;I 9.98 NA NA N Flat Rock Core Income 20.56 NA NA 7.0 Lord Abbett Cred Opps Fd 8.88 NA NA 8.4
Specialized Equity Funds Flat Rock Enhanced Inc 21.27 NA NA NS Lord Abbett Cred Opps Fd 8.88 NA NA 9.1
Apollo Diversified RE:A 26.63 NA NA -8.4 InvDYCrOpp:A NA NA NA 9.2 Lord Abbett Crd Op:U 8.88 NA NA 8.4
InvDYCrOpp:R6 NA NA NA 9.5
Insider-Trading Spotlight Apollo Diversified RE:C 25.09 NA NA -9.1
Apollo Diversified RE:I 27.17 NA NA -8.2 InvDYCrOpp:Y NA NA NA 9.4
Oaktree Dvsfd Income;D 8.88 NA NA 8.2
PIMCO Flexible EM I;Inst 8.18 NA NA 9.1
Trading by ‘insiders’ of a corporation, such as a company’s CEO, vice president or director, potentially conveys ARK Venture 24.03 NA NA NS Invesco Sr Loan A 5.88 NA NA 10.7 National Muni Bond Funds
new information about the prospects of a company. Insiders are required to report large trades to the SEC ArrowMark Financial Corp BANX NA 16.65 NA NA Invesco Sr Loan C 5.89 NA NA 9.96 Ecofin Tax-Exempt Prv Cr 8.47 NA NA 5.1
CBRE GlbRlEst IGR 5.85 5.34 -8.7 -18.5 Invesco Sr Loan IB 5.88 NA NA 10.9 Lind Cap Pt Mun Cred Inc 8.67 NA NA 4.5
within two business days. Here’s a look at the biggest individual trades by insiders, based on data received by Invesco Sr Loan IC 5.88 NA NA 10.8
CIM RA&C A 25.01 NA NA 3.8 Nuveen En HY Muni Bd:A1 7.19 NA NA 5.3
Refinitiv on August 4, and year-to-date stock performance of the company CIM RA&C C 24.40 NA NA 3.0 Invesco Sr Loan Y 5.88 NA NA 10.9 Nuveen En HY Muni Bd:A2 7.20 NA NA NS
KEY: B: beneficial owner of more than 10% of a security class CB: chairman CEO: chief executive officer CFO: chief financial officer CIM RA&C I 25.21 NA NA 4.1 Lord Abbett FR Hi Inc:A 10.11 NA NA NS Nuveen En HY Muni Bd:I 7.19 NA NA 6.0
CO: chief operating officer D: director DO: director and beneficial owner GC: general counsel H: officer, director and beneficial owner CIM RA&C L 24.79 NA NA 3.5 Lord Abbett FR Hi Inc:I 10.11 NA NA NS PIMCO Flex Mun Inc;A-3 9.84 NA NA 3.4
I: indirect transaction filed through a trust, insider spouse, minor child or other O: officer OD: officer and director P: president UT: Clarion Partners REI D 12.12 NA NA 0.7 Monachil Credit Income:I 10.09 NA NA NS PIMCO Flex Mun Inc:A1 9.84 NA NA 3.7
unknown VP: vice president Excludes pure options transactions Clarion Partners REI I 12.14 NA NA 1.2 Nomura Alt Inc;I 10.16 NA NA NS PIMCO Flex Mun Inc;A2 9.84 NA NA 3.7
Clarion Partners REI S 12.14 NA NA 0.2 OFS Credit Company OCCI NA 7.82 NA NA PIMCO Flex Mun Inc;Inst 9.84 NA NA 4.2
Biggest weekly individual trades Clarion Partners REI T 12.11 NA NA 0.2 Yieldstreet Prism NA NA NA 8.5 Single State Muni Bond
First Tr Real Assets;I 9.50 NA NA -2.0 High Yield Bond Funds PIMCO CA FMI;A-1 9.94 NA NA NS
Based on reports filed with regulators this past week Forum RE Income;I 9.22 NA NA NS Apollo Diversified Cd:A NA NA NA 8.1 PIMCO CA FMI;Inst 9.94 NA NA 3.4
No. of shrs in Price range ($) $ Value
Date(s) Company Symbol Insider Title trans (000s) in transaction (000s) Close ($) Ytd (%)
Borrowing Benchmarks | wsj.com/market-data/bonds/benchmarks
Buyers
Aug. 1 P.A.M. Transportation Services PTSI M. Moroun DOI 6,354 20.99 133,389 25.95 0.2 Money Rates August 4, 2023
July 31 Exxon Mobil XOM J. Ubben DI 458 105.20-107.11 48,973 107.42 -2.6 Key annual interest rates paid to borrow or lend money in U.S. and international markets. Rates below are a
Aug. 1 J. Ubben DI 192 106.17-106.82 20,437 guide to general levels but don’t always represent actual transactions.
July 31 Tidewater TDW R. Robotti DI 118 62.28 7,330 64.14 74.1 Week —52-WEEK— Week —52-WEEK—
Inflation Latest ago High Low Latest ago High Low
Aug. 1 Inozyme Pharma INZY R. Hopfner DI 833 4.80 4,000 5.02 378.1 June index Chg From (%)
level May '23 June '22 Australia 4.10 4.10 4.10 1.85 13 weeks 5.280 5.270 5.300 2.490
July 26-27 Asana ASAN D. Moskovitz CEO 160 22.03-23.52 3,596 22.02 59.9 26 weeks 5.270 5.270 5.290 2.850
July 28-Aug. 1Akero Therapeutics AKRO G. Graham DI 55 42.69-43.26 2,362 43.53 -20.6 U.S. consumer price index Overnight repurchase
U.S. 5.26 5.35 5.35 2.25
Secondary market
All items 305.109 0.32 3.0
July 27 Allegion ALLE J. Stone CEO 18 116.62 2,041 111.91 6.3
Core 308.910 0.26 4.8 Fannie Mae
Aug. 2 Agree Realty ADC J. Rakolta D 30 63.02 1,891 64.61 -8.9 U.S. government rates 30-year mortgage yields
International rates
Aug. 1-2 Crocs CROX T. Smach DI 10 105.27-107.59 1,059 105.91 -2.3 Discount 30 days 6.644 6.391 6.812 4.529
Week 52-Week 5.50 5.50 5.50 2.50 60 days 6.676 6.394 6.988 4.569
July 27 Better Therapeutics BTTX D. Perry HI 1,233 .73 900 0.71 -36.0 Latest ago High Low
July 27 G. Parker D 685 .73 500 Federal funds Other short-term rates
Prime rates
July 26-28 FB Financial FBK J. Ayers B 16 34.80-35.10 552 35.15 -2.7 Effective rate 5.3400 5.3400 5.3400 2.3300 Week 52-Week
U.S. 8.50 8.50 8.50 5.50 High 5.6500 5.6500 5.6500 2.4500 Latest ago high low
July 31 Nasdaq NDAQ A. Friedman CEO 10 51.00 510 49.45 -19.4 Canada 7.20 7.20 7.20 4.70
Low 5.3100 5.3100 5.3100 2.3000
Japan 1.475 1.475 1.475 1.475 Call money
Aug. 2 Monro MNRO M. Broderick CEO 10 35.03 350 35.32 -21.9 Bid 5.3300 5.3200 5.3300 2.3000
Policy Rates Offer 5.3700 5.3400 5.3700 2.3200 7.25 7.25 7.25 4.25
July 28 Commerce Bancshares CBSH B. Brauer D 5 53.00 265 53.33 -21.7 Euro zone 4.25 4.00 4.25 0.50
Treasury bill auction Commercial paper (AA financial)
Aug. 1 First Busey BUSE S. King DI 12 21.44 250 21.74 -12.1 Switzerland 2.25 2.25 2.25 0.25
Britain 5.25 5.00 5.25 1.75 4 weeks 5.275 5.275 5.840 2.110 90 days 5.46 n.a. 5.54 2.64
Aug. 2 electroCore ECOR D. Goldberger CEO 51 4.35 222 4.60 19.4
Notes on data:
Secured Overnight Financing Rate
U.S. prime rate is the base rate on corporate loans posted by at least 70% of the 10 largest U.S. banks, 5.30 5.31 5.31 2.25
Sellers and is effective July 27, 2023. Other prime rates aren’t directly comparable; lending practices vary Value 52-Week
widely by location; Discount rate is effective July 27, 2023. Secured Overnight Financing Rate is as Latest Traded High Low
Aug. 1 CBRE Group CBRE B. Boze ODI 3,400 80.80 274,720 83.92 9.0 of August 3, 2023. DTCC GCF Repo Index is Depository Trust & Clearing Corp.'s weighted average for
overnight trades in applicable CUSIPs. Value traded is in billions of U.S. dollars. Federal-funds rates
Aug. 1 P.A.M. Transportation Services PTSI M. Moroun DO 6,354 20.99 133,389 25.95 0.2 are Tullett Prebon rates as of 5:30 p.m. ET.
DTCC GCF Repo Index
Sources: Federal Reserve; Bureau of Labor Statistics; DTCC; FactSet; Treasury 5.271 25.946 5.365 2.221
July 27 Airbnb ABNB J. Gebbia DOI 517 147.81-153.07 77,716 140.17 63.9 Tullett Prebon Information, Ltd. MBS 5.333 20.680 5.407 2.319
Aug. 2 Vertiv Holdings VRT P. O'Doherty OI 1,917 33.07-33.62 63,579 35.71 161.4
July 28 Amphenol APH R. Norwitt CEO 650 87.43 56,832 87.30 14.7 Cash Prices | wsj.com/market-data/commodities Friday, August 4, 2023
July 28 C. Lampo CFO 300 88.11 26,432
These prices reflect buying and selling of a variety of actual or “physical” commodities in the marketplace—
July 28 L. Walter O 265 87.32 23,136
separate from the futures price on an exchange, which reflects what the commodity might be worth in future
Aug. 1 Palantir Technologies PLTR S. Sankar CT 1,968 20.00 39,354 18.20 183.5 months.
Aug. 1 TransDigm Group TDG W. Howley DI 40 900.00 36,219 896.10 42.3 Friday Friday Friday
Iron Ore, 62% Fe CFR China-s n.a. Wheat,Spring14%-pro Mnpls-u 9.2225
July 28-Aug. 1St. Joe JOE B. Berkowitz DOI 407 62.88-64.95 26,087 60.36 56.2 Energy Shredded Scrap, US Midwest-s,m n.a. Wheat,No.2 soft red,St.Louis-u 5.8750
July 31-Aug. 2Jefferies Financial Group JEF J. Steinberg CBI 667 35.87-36.85 24,215 35.50 8.4 Coal,C.Aplc.,12500Btu,1.2SO2-r,w 62.250 Steel, HRC USA, FOB Midwest Mill-s n.a. Wheat - Hard - KC (USDA) $ per bu-u 7.9250
Coal,PwdrRvrBsn,8800Btu,0.8SO2-r,w 14.300 Battery/EV metals Wheat,No.1soft white,Portld,OR-u 7.0500
July 28-31 PTC PTC B. Moret DI 160 141.97-146.80 23,247 141.22 17.6
Metals BMI Lithium Carbonate, EXW China, =99.2%-v,w 38775 Food
July 27-28 NVR NVR P. Saville O 3 6350.75-6352.54 18,103 6320.97 37.0 BMI Lithium Hydroxide, EXW China, =56.5% -v,w 37450
Gold, per troy oz BMI Cobalt sulphate, EXW China, >20.5% -v,m 6090 Beef,carcass equiv. index
July 28-31 Intuitive Surgical ISRG G. Guthart CEO 55* 325.89-326.76 18,057 309.31 16.6 Engelhard industrial 1944.00 BMI Nickel Sulphate, EXW China, >22%-v,m 4638 choice 1-3,600-900 lbs.-u 284.86
Handy & Harman base 1942.45 BMIFlakeGraphite,FOBChina,-100Mesh,94-95%-v,m 620 select 1-3,600-900 lbs.-u 259.88
Aug. 1 Microsoft MSFT B. Smith P 50 336.89-337.64 16,860 327.78 36.7 Handy & Harman fabricated 2156.12 Broilers, National comp wtd. avg.-u,w 1.0849
LBMA Gold Price AM *1936.90
Fibers and Textiles Butter,AA Chicago-d 2.6200
July 31-Aug. 1Thermo Fisher Scientific TMO S. Williamson CFO 29 550.00-557.42 16,116 548.64 -0.4 Cheddar cheese,bbl,Chicago-d 177.50
LBMA Gold Price PM *1935.65 Burlap,10-oz,40-inch NY yd-n,w 0.7225
Aug. 1 Linde LIN S. Angel D 40 391.62 15,545 377.82 15.8 Krugerrand,wholesale-e 2028.66
Cheddar cheese,blk,Chicago-d 196.50
Cotton,1 1/16 std lw-mdMphs-u 0.8227
Maple Leaf-e 2077.19
Milk,Nonfat dry,Chicago lb.-d 112.50
Cotlook 'A' Index-t *95.60 Coffee,Brazilian,Comp-y 1.6352
July 26 BlackRock BLK L. Fink CEO 20 741.54-743.40 14,989 710.28 0.2 American Eagle-e 2077.19 Hides,hvy native steers piece fob-u n.a. Coffee,Colombian, NY-y 1.9628
Mexican peso-e 2504.47 Wool,64s,staple,Terr del-u,w n.a.
* Half the transactions were indirect **Two day transaction Eggs,large white,Chicago-u 1.1150
Austria crown-e 1905.86
p - Pink Sheets Austria phil-e 2038.37 Grains and Feeds Flour,hard winter KC-p 18.60
Hams,17-20 lbs,Mid-US fob-u n.a.
Silver, troy oz. Barley,top-quality Mnpls-u n.a. Hogs,Iowa-So. Minnesota-u 102.16
Buying and selling by sector Engelhard industrial
Handy & Harman base
23.7500
23.6630
Bran,wheat middlings, KC-u,w 145 Pork bellies,12-14 lb MidUS-u n.a.
Corn,No. 2 yellow,Cent IL-bp,u 5.1800 Pork loins,13-19 lb MidUS-u 1.2199
Based on actual transaction dates in reports received this past week Handy & Harman fabricated 29.5790 Corn gluten feed,Midwest-u,w 159.4 Steers,Tex.-Okla. Choice-u n.a.
LBMA spot price *£18.6200 Corn gluten meal,Midwest-u,w 541.7 Steers,feeder,Okla. City-u,w 269.63
Sector Buying Selling Sector Buying Selling (U.S.$ equivalent) *23.5550 Cottonseed meal-u,w 345
Coins,wholesale $1,000 face-a 20745 Hominy feed,Cent IL-u,w 165 Fats and Oils
Basic Industries 0 41,330,740 Finance 15,059,041 99,341,668 Other metals Meat-bonemeal,50% pro Mnpls-u,w 438 Degummed corn oil, crude wtd. avg.-u,w n.a.
LBMA Platinum Price PM *921.0 Oats,No.2 milling,Mnpls-u 4.2975 Grease,choice white,Chicago-h 0.6400
Capital Goods 419,025 86,614,467 Health care 8,543,552 128,173,135 Platinum,Engelhard industrial 925.0 Rice, Long Grain Milled, No. 2 AR-u,w 37.25 Lard,Chicago-u n.a.
Consumer durables 368,830 40,898,543 Public Utilities 300 1,415,896 Palladium,Engelhard industrial 1270.0 Sorghum,(Milo) No.2 Gulf-u n.a. Soybean oil,crude;Centl IL-u,w 0.7220
Aluminum, LME, $ per metric ton *2147.0 SoybeanMeal,Cent IL,rail,ton48%-u,w 456.35 Tallow,bleach;Chicago-h 0.6750
Consumer non-durables 1,419,176 36,274,590 Technology 2,302,137 359,263,723 Copper,Comex spot 3.8450 Soybeans,No.1 yllw IL-bp,u 13.9500 Tallow,edible,Chicago-u n.a.
Consumer services 451,917 64,730,683 Transportation 0 20,126,418
KEY TO CODES: A=ask; B=bid; BP=country elevator bids to producers; C=corrected; D=CME; E=Manfra,Tordella & Brookes; H=American Commodities Brokerage Co;
Energy 7,330,231 16,947,680 K=bi-weekly; M=monthly; N=nominal; n.a.=not quoted or not available; P=Sosland Publishing; R=SNL Energy; S=Platts-TSI; T=Cotlook Limited; U=USDA; V=Benchmark
Mineral Intelligence; W=weekly; Y=International Coffee Organization; Z=not quoted. *Data as of 8/3
Sources: Refinitiv; Dow Jones Market Data Source: Dow Jones Market Data
.
MARKETS
Thieves Are
Targeting
Nike Shoes
Continued from page B1
planned operations. They learn
about store layouts and create
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THE
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Insights That Go
the Extra Mile
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Let WSJ’s Carry On be your guide. Each week,
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.
MUTUAL
FUNDS
& ETFS
MONTHLY DATA
R4, R5
© 2023 Dow Jones & Company. All Rights Reserved. THE WALL STREET JOURNAL. Monday, August 7, 2023 | R1
ALEX NABAUM
W
HEN IT comes to 401(k)s and Overall, we estimate that about 10% of plan par-
other retirement plans, employ- ticipants fell prey to one, or both, of those errors.
The design of 401(k)s and other retirement ees are often their own worst What’s more, both the advisers that administer
savings plans too often lead employees to enemies. plans and help craft their menus, as well as the
The problem—as we have Please turn to page R3
make financially harmful mistakes. It doesn’t learned by studying the portfo-
have to be that way. lios of thousands of employees
in a large institutional plan—is twofold. First, Ian Ayres and Quinn Curtis are law professors at
BY IAN AYRES AND QUINN CURTIS many employees put their portfolios at risk by fail- Yale University and the University of Virginia,
ing to diversify their investments. And second, respectively, and authors of “Retirement Guardrails:
many choose investment options with relatively How Proactive Fiduciaries Can Improve Plan Out-
high fees that eat into their returns. comes.” They can be reached at reports@wsj.com.
Inside
The Biggest Money Mistakes That
Golden?
RETIREMENT ROOKIES
Y
avoid: For instance, card company July 2023 fund performance,
OUNG adults often and lender Discover proposes total return by fund type. More on R2.
get their first taste 1. Not creating a budget sample budgets that help
U.S. Intl. Bonds
of financial indepen- Students should understand show what a reasonable stocks* stocks* (intmd.)
dence in college. that the true cost of college breakdown of monthly college
And for some, that goes way beyond tuition, expenses might look like. An- Scan this code to
taste is bitter. Financial mis- room and board. Monthly bud- other sample budget, by Best- learn how financial-aid
steps when you’re just start- get items that can spiral out Colleges.com, owned by Red formulas are changing 3.8% 2.9% 0.1%
ing out can be costly and carry of control include clothing pur- Ventures, includes tuition, rent for siblings in college *Diversified funds only, excluding sector
long-term consequences. chases, food deliveries, Star- Please turn to the next page together. and regional/country funds Source: Refinitiv Lipper
.
JR
A Journal Report U.S.-stock funds (monthly)
special look at the 2023
7.2
numbers and news about 0.3% 0.03 M
3.8
this month’s investing
M A J J
–0.9
l
l Insight
10% 18%
dow when students pay for board and other school-as-
Change in the battered shares of The KBW Nasdaq Regional Banking
Zions Bancorp on July 20, the day Index’s performance in July, its best friends who don’t pay them sessed fees for a term.
after it released earnings and month since November 2016. But it is back immediately. Electronic This money is supposed to
said that its deposits rebounded. still down 10% for the year to date. payment apps like Venmo or be used for books, transpor-
Zelle can help with this, says tation and other education-
Scott Sparks, founder and related expenses, but some
chief executive of Sparks Fi- students get carried away,
Banks When Bay Area lender Silicon Valley Bank collapsed earlier this
year, and two others lenders also failed, many regional banks’
nancial, a Denver wealth-
management firm.
says Elaine Rubin, director of
corporate communications at
Climb stocks sank. Things looked a bit better in July, with rebounds in Pam Lucina, chief fiduciary
officer at Chicago-based
Edvisors, which offers fami-
lies advice on planning and
Back both deposits and the stocks at some banks. While the stock
prices still haven’t recovered fully, could the worst be over?
Northern Trust, recently
worked with a rising college
paying for college.
They may spend their re-
junior who, by carefully fund quickly on nonessential
tracking spending, saw all items, so it isn’t available
the ways she had overspent later when they really need
Monthly Monitor • William Power ‘When you have the previous year on things
like coffee and food delivery.
it. Some students also try to
use the credit balance to pay
a momentum-
Stock Funds Are Up 16.7% for 2023 driven rally, the
She’s planning to change her
spending behavior so she can
for spring break or another
vacation. They aren’t sup-
save more for her long-term posed to, and if the school
markets expect goals. “Fifteen dollars here, finds out, it could affect their
economy] atop a solid foundation,” says perfection. If $20 there, it adds up for col- aid or future aid, Rubin says.
Saira Malik, chief investment officer at lege students,” Lucina says.
Nuveen. But she notes that interest
there’s bad Another option is to fill an 6. Apartment traps
rates will likely remain elevated after news, you have envelope with just enough Many students choose to
the Fed’s rate-increase campaign stops. cash for a student’s monthly move off campus. But those
Higher rates and the impact of hawkish
more to lose.... expenses. Once the money is receiving financial aid
monetary policy that began in 2022 “will By learning gone, it’s gone, Sparks says. shouldn’t assume they can
eventually take their toll on economic from history 3. Going down the
get the aid ahead of time to
growth, regardless of current market cover move-in costs, Rubin
bullishness,” she says. and considering credit-card rabbit hole says. That aid often isn’t
International-stock funds were up where we are Many students won’t have available until several weeks
2.9% during the month, and are up 14.6% their own credit card be- into the term—not in time to
This is good, as long as it lasts. for the year to date. today, we can cause they don’t have in- cover, say, a security deposit
That’s what many stock-fund inves- In addition to the rally in regional- see that we come. Parents can add chil- or a real-estate agent’s fee.
tors are feeling, coming off a July when bank stocks, which have been weak dren to their cards, then Lease agreements need to
stocks kept rising. Even regional-bank since the collapse of Silicon Valley Bank,
may be in for monitor the child’s spending. be read carefully by the stu-
stocks, which were pummeled by the financial-services stocks in general had a a volatile ride Many companies allow card- dent and another party be-
spring’s banking crisis, had a solid good month. Lipper’s financial-services holders to set up real-time fore signing, adds Sparks,
month, with the KBW Nasdaq Regional fund category was up 9.4% for the
during the spending alerts. who says he has seen stu-
Banking index up 18%, its best month month, to pull the category into the second half of Students who have their dents sign 12-month leases
since November 2016. black for the year, at 2.6%. 2023.’ own credit cards need to be without intending to live in
But stock investors are still at the Bond funds were little changed, on careful, even if they have a the apartment over the sum-
mercy of the Federal Reserve and its in- average. The main concern for bond in- Anna Rathbun relatively low spending limit. mer. The second person read-
terest-rate boosts, and relying on earn- vestors is whether there will be addi- Chief investment officer, They should decline offers ing it could be a parent, col-
ings gains at companies both large and tional increases, as the Fed battles infla- CBIZ Investment for additional cards and not lege adviser or family lawyer,
small. As August began, rising bond tion. Advisory Services buy more than they can pay who might do it free. “It’s
yields, in the wake of America’s credit Funds focused on investment-grade off monthly. This is especially about a five-minute look for
downgrade, caused stock-market angst. debt (the most common type of fixed- important since the average somebody who knows what
The average U.S.-stock fund rose 3.8% income fund) rose an average of 0.1%, to interest rate for a new credit they are doing,” Sparks says.
for July, according to Refinitiv Lipper leave their year-to-date gain at 2.3%. card in July was 24.24%, ac-
data, to expand the gain to 16.7% for the cording to LendingTree. 7. Not taking savings
year to date. William Power is deputy section editor of A debit card could be a bet- opportunities
“Markets may be pricing in the best Journal Reports in South Brunswick, N.J. ter option, says Aaron Skloff, Many students could be set-
of both worlds: a soft landing [for the Email him at william.power@wsj.com. chief executive of Skloff Fi- ting aside money for their
nancial Group, an investment future, but they don’t always
advisory firm in Naples, Fla. think about the best ways to
If your balance is $100, you save, Skloff says. There is a
can’t spend $200, whereas big difference between a 1%
l Financial Flashback followed less than six years later by
with a credit card, you might
be tempted to spend anyway,
bank-insured CD and a four-
week Treasury bill that pays
A look back at Wall Street Journal the iPhone, a category-killer. “Steve
Jobs got tremendous recognition for
Skloff says. about 5% annual percentage
yield, even though both are
headlines from this month getting the company back on track,” 4. Getting slammed with
overdraft fees
considered safe investments.
PHOTO: KIM RAFF/BLOOMBERG NEWS; ILLUSTRATION BY ALEX NABAUM; MONITOR: GIACOMO BAGNARA
Q
worked for 67 years as a secre- • BERNSTEIN: From the mid-1920s
tary at a law firm in New York. to the mid-1990s, investors were
UICK question: She retired in 2014. When she blessed with real stock returns of
When it comes to died a few years later, her execu- 7% and real bond returns of 2%.
investing, would tor discovered that her estate was The reason for those high stock
you describe your- worth more than $9 million, con- returns, in particular, was the dra-
self as Mr. Spock sisting mainly of common stocks. matic increase in stock valuations.
of “Star Trek” No one, not even her husband, A more reasonable real return
fame, or George knew about it. over the next several decades will
Costanza from be about 4.5% for stocks and
“Seinfeld”? In other words, are you • WSJ: How did she do it? about 1% for bonds. When we plug
an investor who’s logical and dis- those figures into a 30-year retire-
passionate, or one who’s impulsive • BERNSTEIN: Some of it was ment, we confirm the suspicion of
and excitable? common sense. She understood, Investors ‘overestimate their risk tolerance,’ says William Bernstein. many retirement analysts that “3%
Most of us, not surprisingly, like and took advantage of, the magic is the new 4%.” In other words, if
to think we’re Mr. Spock. But of compound interest. She wasn’t cial storms that would have 2% of times that will cause you to you want your nest egg to last 30
when economic times are at their trying to get rich quick, but rather shaken the confidence of 99% of lose your nerve and violate Charlie years, you’re much safer pulling 3%
worst, many of us are more apt to to get rich slow—a much safer investors. She did it by holding Munger’s prime directive of com- or less from your savings each
resemble George. bet. Above all, she understood the enough safe assets, in addition to pounding. As Munger, who is War- year than the popular 4%.
So concludes William Bernstein, concept of risk: how much would common stocks, to see her through ren Buffett’s partner, puts it: “The In fact, I think if your burn rate
an investment adviser and author, be required to meet her goals, and the worst of times. We like to first rule of compounding is to is much above 3.5%, you’re in the
in a new edition of his book, “The how much she could tolerate as think that we would do the same. never interrupt it unnecessarily.” red zone.
Four Pillars of Investing.” First she grew older. But when your savings are melting That means holding plenty of
published in 2002, “Pillars” today I’ve come to realize that the before your eyes, you tend to panic. safe assets—like dull, low-yielding • WSJ: To sum up, what do you
is regarded as a classic among fi- most dangerous facet of investor Treasury securities—and being pre- think are the biggest mistakes
nancial guides. In a recent conver- overconfidence doesn’t involve the • WSJ: So what does Sylvia pared to see your risky assets get that investors make?
sation, Bernstein discussed why ability to pick securities or money teach us? periodically, and hopefully tempo-
he has updated his book, how his managers, but rather the ability to rarily, slaughtered. As I note in the • BERNSTEIN: Three big ones.
thoughts about investing have bear risk. In finance speak, our • BERNSTEIN: The lesson I take book, there’s a reason why Buffett First, as already mentioned, they
evolved, and why investors need “relative risk aversion” is anything from her story, and from my own holds 20% of Berkshire Hathaway overestimate their risk tolerance.
to rethink how they design and but constant, as theory assumes, experience as well, is that it’s a in Treasury bills and cash. Second, they fail to understand
build a portfolio. but rather rises dramatically in huge, and usually fatal, mistake to that whenever they buy or sell a
Here are edited excerpts from the worst of times. design a portfolio without focusing stock, the person on the other
the conversation: Sylvia Bloom weathered finan- primarily on those approximately The pillars side of that trade is likely some-
• WSJ: Clearly, the one constant one named Warren Buffett or
in the new edition is the “pillars” Goldman Sachs, or worse, a corpo-
The lesson of Sylvia Bloom themselves. What are they, and rate executive who knows more
• WSJ: Why update “Pillars” now? Dark Days why are they important? about the company than even
The 10 worst single-day percentage declines for U.S. stocks,* 1981-2023 those two names do. It’s like play-
• BERNSTEIN: I’ve learned a thing Date Cause One-day fall • BERNSTEIN: Just as medical stu- ing tennis against an invisible op-
or two in the past 20 years. For dents have to master human anat- ponent, not realizing the person
starters, I’ve become less enam- Oct. 19, 1987 Black Monday –20.47% omy, physiology, pathology and on the other side of the net is
ored of a largely mathematical ap- March 16, 2020 Covid pandemic –11.98 pharmacology before they lay hands Serena Williams.
proach to personal finance. It does March 12, 2020 Covid pandemic –9.51 on a patient, the competent inves- Third, they imagine that the
little good to master the math if Oct. 15, 2008 Global financial crisis –9.03 tor must master four basic subjects objective is to obtain the highest
you fail to understand financial before they handle real money. possible returns, to get rich. It’s
Dec. 1, 2008 Global financial crisis –8.93
history, the madness of crowds, They are: investment theory, not; your objective is to minimize
and the enemy staring back at Sept. 29, 2008 Global financial crisis –8.79 which is the connection between your chances of dying poor. Those
you in the mirror. Oct. 26, 1987 Black Monday aftershock –8.28 risk and return, and how portfolios are two entirely different things.
Oct. 9, 2008 Global financial crisis –7.62 behave; investment history, which
• WSJ: You begin the new edition March 9, 2020 Covid pandemic –7.60
is what long-term returns look like Glenn Ruffenach is a former
GREG JONES
with a remarkable story about a and how markets occasionally go reporter and editor for The Wall
Oct. 27, 1997 Asian financial crisis –6.87
legal secretary. Tell us about Syl- bonkers on both the upside and Street Journal. He can be reached
via Bloom. *S&P 500 Index Source: Hartford Funds downside; investment psychology, at reports@wsj.com.
Problematic menus ries should ask for better infor- But streamlining isn’t the only participant’s portfolio. Options
pants who held any narrow fund to help workers make better streamlining substantially im- say, a cryptocurrency option menu and, if so, to act by
held more than half their portfo- choices? proved the diversification of par- might find it acceptable to do so streamlining the menu or put-
lio in that fund. To start, employers’ fiducia- ticipants’ plan balances. and cap its use at 5% of a plan ting guardrails in place.
.
T
spouses, children of the account fore his or her required begin- time to figure out,” says Andy waiving the penalty for missed
owner until age 21, disabled and ning date to take withdrawals— Ives, an IRA analyst at Ed Slott withdrawals in 2021 and 2022
HERE HAS been a chronically ill individuals and generally April 1 of the year after & Co., a tax consulting firm in within the 10-year period. And in
lot of confusion those not more than 10 years becoming 73 years old—mini- Rockville Centre, N.Y. It took July, it added another year of re-
about inherited in- younger than the original IRA mum withdrawals aren’t re- over two years after the Secure lief by excusing 2023 missed
dividual retirement owner; nondesignated beneficia- quired for NEDBs during years Act was passed for the industry withdrawals within the 10-year
accounts. ries, or NDBs, who include es- one to nine of the 10-year pe- to come to a consensus that period. If a taxpayer already paid
The confusion is tates and charities; and noneligi- riod. The account just has to be “RMDs did actually apply in a penalty for a “missed RMD” in
largely about the ble designated beneficiaries, or emptied by the end of the 10th years one to nine of the 10-year 2021 or 2022, a refund from the
annual withdraw- NEDBs, who include most non- year after the year of the origi- rule,” Ives says. IRS can be requested.
als known as required minimum spouse beneficiaries—such as nal account owner’s death. (All Lots of NEDBs who were sub- So, NEDBs who inherited an
distributions. If you inherit an children over age 21 and grand- Roth IRA owners are deemed to ject to the 10-year rule didn’t IRA in 2020 now essentially have
IRA, you may have to take these children—and are the ones af- have died before their required know that they had to take with- three years of withdraw-
RMDs, which are then taxable. fected by and benefiting from beginning date.) drawals in 2021, 2022 and 2023. als—2021, 2022 and 2023—
But because of confusion over waived. Those who inherited in
a 2019 law, many heirs were un- 2021 have two years—2022 and
aware they had had to take an 2023—of RMDs forgiven.
RMD. And those who inherited in
Guidelines were so opaque 2022 have their first year of
that the Internal Revenue Ser- withdrawals within the 10-year
vice in October 2022 retroac- period, 2023, waived. (Techni-
tively waived RMDs for those cally it is the penalty for failure
who fit into a specific benefi- to take the withdrawal that is
ciary category and mistakenly being waived, but the result is
hadn’t taken the RMDs for the the same because if you don’t
tax years 2021 and 2022. take the RMD there is no pen-
Then, last month, the IRS issued alty.)
a similar waiver releasing inheri- The amount of the RMD
tors in the same category from within the 10-year period uses
making RMDs this tax year as the IRS Single Life Expectancy
well. As a result, the first re- Table. Initially, it takes the bene-
quired withdrawals for these ficiary’s age in the year after the
types of IRA inheritors aren’t original owner died to find a life
due until 2024. expectancy factor (available in
Here’s the background and IRS Publication 590-B), which is
what inherited-IRA holders then divided into the previous
should know: year’s Dec. 31 inherited IRA ac-
count balance. This factor is
lowered by 1 in each successive
Three categories year.
The Secure Act of 2019 estab-
ALEX NABAUM
lished three categories of benefi- Leonard Sloane is a writer in
ciary for traditional IRAs: Eligi- New York. He can be reached
ble designated beneficiaries, or at reports@wsj.com.
were single. our early retirement months, place by the time we’re there. We again to hop on buses down West The Yoders live in San Francisco and
Steve and I had talked occa- when we’d launched on a bike expect to be firmly back to go-go Africa, and load our tandem bike can be reached at reports@wsj.com.
Mutual-Fund Yardsticks: How Fund Categories Stack Up How the Largest Funds Fared
Performance numbers are total returns (changes in net asset values with reinvested distributions) as of
Includes mutual funds and ETFs for periods ended July 31. All data are final. July 31; assets are as of June 30. All data are final.
Performance (%) Performance (%)
Investment objective July YTD 1-yr 5-yr* Investment objective July YTD 1-yr 5-yr*
Stock Mutual Funds and ETFs
Diversified stock & stock/bond funds World stock funds Total Return (%)
Large-Cap Core 3.1 18.6 12.2 11.1 Global 3.0 16.5 11.5 7.3 Assets Annualized
Fund Ticker ($ billions) July 1-year 3-year 5-year 10-year
Large-Cap Growth 3.2 31.6 15.6 12.2 International (ex-U.S.) 2.9 14.6 13.9 4.1
Large-Cap Value 3.6 9.8 10.4 8.6 European Region 2.6 16.1 16.4 4.5 Vanguard TSM Idx;Inst+ VSMPX 1351.17 3.6 12.6 13.0 11.4 N.A.
Midcap Core 3.6 11.1 7.5 7.6 Emerging Markets 4.9 12.8 10.3 1.4 Vanguard 500 Idx;Adm VFIAX 887.02 3.2 13.0 13.7 12.2 12.6
Midcap Growth 2.9 17.7 8.8 8.5 Latin American 5.6 25.8 30.1 4.7 SPDR S&P 500 ETF SPY 422.72 3.2 12.9 13.6 12.1 12.6
Midcap Value 4.4 9.3 7.5 6.9 Pacific Region 6.1 4.8 0.7 1.1 Fidelity 500 Index Fund FXAIX 420.61 3.2 13.0 13.7 12.2 12.7
Small-Cap Core 5.1 12.3 8.0 5.9 Gold Oriented 4.2 5.9 14.3 7.7 Vanguard Tot I S;Inv VGTSX 378.56 3.9 12.5 7.4 3.9 4.9
Small-Cap Growth 3.5 15.6 7.8 6.8 Global Equity Income 2.6 9.6 8.8 5.9 iShares:Core S&P 500 IVV 334.25 3.2 13.0 13.7 12.2 12.6
Small-Cap Value 6.5 11.4 8.4 6.1 International Equity Income 3.4 12.6 13.2 3.7 Vanguard Instl Indx;InsP VIIIX 254.07 3.2 13.0 13.7 12.2 12.7
Multicap Core 3.1 16.2 10.2 9.5 American Funds Gro;A AGTHX 232.64 4.1 15.6 8.7 10.3 12.5
Taxable-bond funds American Funds Bal;A ABALX 202.14 2.1 6.1 6.4 6.7 7.9
Multicap Growth 3.7 27.4 13.1 10.4 Short-Term 0.6 2.5 1.7 1.4
Multicap Value 3.8 9.0 9.2 7.9 Invesco QQQ Trust 1 QQQ 200.14 3.8 22.5 13.7 17.7 18.7
Long-Term 0.2 3.4 –2.0 1.3
Equity Income 3.2 8.3 7.2 8.0 Vanguard Gro Idx;ETF VUG 178.62 3.3 16.9 11.1 14.7 14.7
Intermediate Bond 0.1 2.3 –3.0 0.7
S&P 500 Funds 3.2 20.4 12.5 11.7 Vanguard Dev Mkt;ETF VEA 168.05 3.2 14.2 9.2 4.6 5.5
Intermediate U.S. 0.2 1.5 –4.4 1.8
Specialty Divers. Equity 3.5 15.3 8.8 5.5 American Funds Wash;A AWSHX 159.07 3.1 11.2 14.2 10.4 11.1
Short-Term U.S. 0.3 1.4 –0.4 0.5
Balanced 2.0 9.1 5.0 4.9 Vanguard Md-Cp I;ETF VO 147.30 3.5 7.4 10.9 8.8 10.2
Long-Term U.S. –0.7 1.1 –6.5 –0.3
Stock/Bond Blend 2.3 10.5 6.0 5.3 Vanguard Val Idx;ETF VTV 147.23 3.4 9.0 15.3 9.1 10.3
General U.S. Taxable 0.3 3.1 –1.4 0.9
Avg. U.S. Stock Fund† 3.8 16.7 10.0 8.4 American Funds EuPc;R6 RERGX 138.67 2.9 13.5 4.5 4.5 6.2
High-Yield Taxable 1.4 6.2 3.9 2.8
Sector stock funds Vanguard S-C Id;Adm VSMAX 123.33 5.0 9.1 12.7 7.2 9.3
Mortgage 0.01 1.9 –3.9 –0.1
American Funds NPer;A ANWPX 120.48 2.9 13.4 9.0 9.9 10.6
Science & Technology 5.0 40.4 19.5 13.7 World Bond 1.3 5.2 4.0 0.4
American Funds Inc;A AMECX 118.33 2.1 4.5 7.9 6.1 6.9
Telecommunication 1.7 17.3 3.2 4.1 Avg. Taxable-Bond Fund** 0.6 3.5 0.5 1.4
American Funds FInv;A ANCFX 116.79 3.7 15.8 12.1 9.5 11.3
Health/Biotechnology 1.0 3.6 4.9 5.7 Municipal-bond funds
Utility 2.0 –1.5 –4.5 7.0 Short-Term Muni 0.3 1.3 –0.4 0.5 Bond Mutual Funds and ETFs
Natural Resources 10.4 6.3 17.2 3.1 Total Return (%)
Intermediate Muni 0.2 2.2 0.5 1.3 Assets Annualized
Sector 4.0 6.5 –6.1 3.8 General & Insured Muni 0.3 3.2 –0.01 1.3 Fund Ticker ($ billions) July 1-year 3-year 5-year 10-year
Real Estate 2.0 6.8 –8.4 4.5 High-Yield Muni 0.3 3.5 –1.5 1.3 Vanguard Tot Bd;Adm VBTLX 297.33 –0.1 –3.2 –4.5 0.8 1.5
Vanguard Tot Bd II;Inst VTBNX 251.82 –0.1 –3.2 –4.5 0.7 1.4
PIMCO:Income;Inst PIMIX 123.71 1.2 3.3 1.8 2.7 4.3
Stock & Bond Benchmark Indexes All total return unless noted Vanguard Tot Itl B2;Inst VTILX 99.40 0.04 –3.0 N.A. N.A. N.A.
Performance (%) Performance (%)
Investment objective July YTD 1-yr 5-yr* Investment objective July YTD 1-yr 5-yr*
iShares:Core US Agg Bd AGG 91.90 –0.1 –3.3 –4.5 0.7 1.5
Vanguard Tot Itl BI;ETF BNDX 86.16 0.04 –2.9 –3.7 0.3 2.0
Large-cap stocks Stock indexes American Funds Bond;A ABNDX 75.75 –0.04 –4.0 –4.1 1.2 1.7
DJIA 3.4 8.5 10.6 9.3 DJ U.S. TSM Growth 3.5 38.0 18.5 14.5 Vanguard Int-Tm TxEx;Adm VWIUX 70.21 0.2 1.1 –0.63 2.0 2.6
S&P 500 3.2 20.6 13.0 12.2 DJ U.S. TSM Value 3.7 6.7 7.1 7.3 Fidelity SA Core Inc FIWGX 65.76 0.1 –2.6 –3.3 N.A. N.A.
Midcap stocks Taxable bonds Dodge & Cox Income;I DODIX 64.42 0.2 –0.6 –2.4 2.0 2.5
S&P MidCap 400 4.1 13.3 10.5 8.3 Barclays Agg. Bond –0.1 2.0 –3.4 0.7 Vanguard Sh-Tm B;ETF BSV 63.17 0.4 –0.4 –1.6 1.2 1.1
MetWest:Total Rtn;I MWTIX 62.03 0.04 –4.0 –4.6 0.8 1.6
Small-cap stocks Municipal bonds
Fidelity US Bond Index FXNAX 59.82 –0.04 –3.4 –4.5 0.7 1.5
Russell 2000 6.1 14.7 7.9 5.1 Barclays Muni. Bond 0.4 3.1 0.9 1.9
Vanguard Sh-Tm Inv;Adm VFSUX 57.16 0.7 0.8 –0.9 1.6 1.7
Broad stock market International stocks PIMCO:Tot Rtn;Inst PTTRX 54.61 0.3 –2.8 –4.1 0.8 1.6
DJ U.S. Total Stock Market 3.6 20.4 12.6 11.3 MSCI EAFE†† (price return) 3.2 13.1 13.5 1.9 Vanguard ST IPSI;Adm VTAPX 53.03 0.5 –1.2 2.2 2.8 1.6
Russell 3000 3.6 20.3 12.6 11.4 Dow Jones World (ex. U.S.) 4.2 13.8 13.1 3.9 Fidelity Str Adv Cre Inc FPCIX 49.96 0.1 –2.7 –3.9 1.1 1.9
*Annualized †Diversified funds only **Excludes money-market funds ††Europe, Australia, Far East Source: Refinitiv Lipper Note: For funds with multiple share classes, only the largest is shown. N.A.: Not applicable; fund is too new or data not available Refinitiv Lipper
.
A
less volatile than the gold has a mediocre-
TORS worry conservative 60/40 at-best inflation-hedg-
that we are portfolio, but not by ing record.
entering an enough to justify its
extended pe- lower return.
riod of at- A similar conclu- Benefits of
best-medio- sion applies to a diversification
cre stock portfolio that in- It is still possible that
and bond returns, some are stead invested the commodities can in-
wondering if diversifying into 10% commodity allo- crease a diversified
commodities is the answer. cation in a different portfolio’s risk-ad-
History doesn’t provide commodity index justed return. To do
much encouragement. fund, iShares S&P so, commodities
Consider a conservative GSCI Commodity-In- would need to: 1) have
portfolio that, instead of allo- dexed ETF (GSG), very low correlations
cating 60% to the S&P 500 and which invests in with those of the
40% to investment-grade most of the same other assets the port-
bonds, takes 5% from both as- commodities in- folio holds, and
sets and allocates the 10% to cluded in the DBC thereby lower the
Invesco DB Commodity Index fund, but with a dif- overall portfolio’s vol-
Tracking ETF (DBC). ferent weighting atility-related risk;
Over the 16 calendar years protocol. This stock/ and 2) reduce portfo-
through 2022 in which the DBC bond/GSG portfolio performed cusing only on the 17 years for three were correlated with the lio risk by more than return is
has existed, this yearly rebal- even worse than the DBC ver- which we have real-world per- consumer-price index at the forfeited in the process.
anced three-asset portfolio sion, both in terms of raw and formance for these commodity 95% confidence level that stat- History indicates that com-
would have produced a return risk-adjusted return. index ETFs is that inflation isticians often use when as- modities largely satisfy the
that was 0.4 annualized per- Looked at another way: was low in many of them. You sessing whether a pattern is first of these two prerequi-
centage point lower than the Since July 2006, the first might expect commodities to genuine. That is, the prices of sites. Whether they will be
month in which both commod- improve the performance of a only three commodities— able to satisfy the second pre-
ity index ETFs traded, DBC has stock-bond portfolio in coming which were heating oil, cattle requisite is anyone’s guess, but
Commodities’ dismal run
produced an annualized total years if inflation were to re- and copper—reliably rose history supports being skepti-
400% SPDR S&P return of just 0.3%, and GSG main high. when inflation rose. Though cal. Erb says he and Harvey
500 ETF has produced a 4.9% annualized The data provide only lim- the remaining nine had no sta- were unable to find evidence
350 iShares Core U.S. loss. That compares with a 10% ited support for this hope, tistically significant relation- supporting commodities “as a
Aggregate Bond annualized gain for stocks, in however, according to a 2006 ship with the CPI, the correla- strategic, long-term set-it-and-
300
Invesco DB
the form of SPDR S&P 500 ETF study by Claude Erb, a former tions with four of these forget-it investment.”
Commodity Index (SPY), and 4.1% annualized for commodities portfolio man- remaining nine, while weak, Market-timers no doubt will
250 Tracking ETF long-term Treasurys. ager at TCW Group, and Camp- were actually negative. That try to do better by varying
iShares S&P GSCI Commodity indexes have bell Harvey, a Duke University means they more often than their commodity allocation
200 been around for much longer finance professor. They not moved inversely with infla- over time, as well as altering
Commodity
Indexed ETF than the past 17 years, though searched for correlations be- tion—rising when inflation the mix of individual commod-
150
index funds benchmarked to tween inflation and individual was falling, and vice versa. ities. Insofar as they are suc-
these indexes are a relatively commodities over the two de- Erb says there are other pe- cessful, they will be better off
100
recent phenomenon. It is im- cades before DBC and GSG riods in U.S. market history in diversifying their stock-bond
50
portant to base our analysis on were created (specifically, which some commodities were portfolios with commodities.
years in which the indexes from 1982 through 2003), dur- more correlated with inflation. But they run the risk of doing
0 were publicly traded, however, ing which inflation ran at a But he adds that it should give much worse.
because hypothetical commod- significantly higher pace than investors pause that the ma-
–50 ity index returns can be an un- in recent years. They found jority of commodities can re- Mark Hulbert is a columnist
reliable guide to the future. only a few. main uncorrelated with infla- whose Hulbert Ratings tracks
–100 Of the 12 major commodi- tion over a two-decade period investment newsletters that
2007 ’10 ’15 ’20 ties that existed throughout in which inflation ran at a pay a flat fee to be audited.
Inflation hedges this 21-year period, the re- healthy clip. He can be reached
Source: Hulbert Ratings
One potential drawback of fo- searchers found that only Erb says the inconsistent at reports@wsj.com.
A Hedge Against
February to April 2020.
We then looked at
how these commodity
I
servations. a month for gold funds).
commodities to protect their Next, we looked at the aver- All other funds tracking
portfolio in a recession or age returns to each commodity- commodities had nega-
downturn. fund category in and out of re- tive returns during recessions average monthly return of are a little bit different, it
But which commodities cession. To define recessions (see chart), averaging a monthly 0.49%. should be noted that they gen-
actually preserve wealth during we used the National Bureau of return of -1.33%. Over the past The next interesting finding erally move in the same direc-
adverse economic conditions? Economic Research’s definition 25 years, when we are not in a is that in general the physical tion.
And is it better to hold a mu- of recession, which included recession, all commodity funds commodity did slightly better Both in and out of recessions,
tual fund or ETF that tracks the three such events over the past had positive returns and had an than the funds tracking the the correlation in returns be-
commodity or to hold the physi- commodity. In all eight catego- tween the spot price and the
cal commodity itself? ries, the spot price return of the corresponding commodity fund
The average monthly return for selected commodities during
The short answer: Gold is the commodity did better than the is high, averaging a correlation
a recession and out of a recession
only commodity (of the eight fund tracking the commodity coefficient of 0.93 across the
categories we tested) that had In recession Out of recession when not in a recession. eight categories, where 1.0
a positive average return during –4.0% –3.5 –3.0 –2.5 –2.0 –1.5 –1.0 –0.5 0 0.5 1.0 1.5 During a recession, the re- would be perfect correlation.
recessions both in terms of the sults are a little murkier. Only The grouping with the highest
ETF/MUTUAL FUND
fund tracking the commodity Generic
SPOT PRICE
five did better on a spot-price correlation coefficient was silver
and the actual commodity itself. basis compared with a fund ba- with a coefficient of 0.97 and
For all other types of commodi- Gold sis during a recession. For in- the grouping with the lowest
ties tested, returns for both stance, while it is definitely was platinum with 0.87.
types of investment were nega- Oil good to hold a gold fund during In all, if you are looking to
tive during economic down- a recession, it is even better to protect your money during a re-
turns. Copper hold the physical gold itself. The cession the winner does appear
To study this, Melvin Reyes average gold fund delivered a to be gold over the past 25
and Alberto Vergara, my re- Silver return of 0.18% a month during years. Even for silver or plati-
search assistants, and I pulled recessions, but the return based num, prices actually fall in re-
data on all commodity mutual Palladium on the spot price of gold was cession.
funds and ETFs going back 25 1.30% during recessions.
years (when commodity ETFs Agriculture Derek Horstmeyer is a
In step
ALEX NABAUM X2
A p.m. t-storm 89/72 • Tomorrow: Partly sunny 86/69 B6 Democracy Dies in Darkness monday, august 7 , 2023
SU V1 V2 V3 V4
. $3
T
easier to detain those accused of more real, as Europe wrestles
violent crime while they await he morning fog had just ground, roses and purple irises with how to tell Germans which
trial, while the mayor selected a begun to clear as the hik- bloomed, sweetening the air. cars they can drive, Italians
new chief to lead the police de-
partment, replacing a popular
chief who left for a job with the
ers made their way uphill,
beckoned by a series of
white blazes splashed on the Hiking the One woman, a sweatshirt tied
around her waist, pulled at the
retractable leash of her German
which stoves are acceptable, Pol-
ish miners why they must aban-
don coal, and Britons why they
ever-evolving
FBI. trunks of hardwood and tall pine, shepherd. she passed two brown- can’t keep exploiting their coun-
But when the calendar turned, the paint cracked where the bark haired sisters in oversize T-shirts, try’s massive oil and gas reserves.
not much seemed to have rippled and whorled. hunched beneath the weight of Britain and the European
changed. It was a weekday in mid-May their backpacks. With each step, Union have pledged to go “net
Appalachian Trail
Council Chairman Phil Men- on the Appalachian Trail, and their cooking pans tinkled like zero” by 2050, with steep cuts by
delson (D) said sunday that he their footsteps were muffled by wind chimes. They paused beside 2030. But across Europe — where
has asked the new police chief to the forest. Away they hiked — a device that counts the hikers this summer has brought brutal
give lawmakers suggestions on from the cramped parking lot passing by on the trail. heat waves and raging fires in the
providing “more resources for the glittering with vehicles, from the “Did you know?” a sign read. Mediterranean region — a back-
police.” Council member Trayon frenetic buzz of highway traffic, “McAfee Knob is considered the lash is simmering against some of
White sr. (D-Ward 8), whose dis- from the busyness and anxiety BY L IZZIE J OHNSON most photographed spot on the the world’s most ambitious green
trict includes the place where that compel people to step out of AND L AUREN T IERNEY Appalachian Trail.” targets.
three people were fatally shot and their lives, if only for a few hours, IN MCAFFE KNOB, VA. Four more miles uphill was the British Prime Minister Rishi
two others wounded saturday and escape into the wilderness. landmark, where hikers meet the sunak visited scotland on July 31
night, said in a text message, “We Here, on what everyone calls open sky. The rocky ledge — at to announce with a big splash his
need the National Guard in D.C.” the A.T., it was quieter. The leaves robert Weiss, left, photographs his wife, andrea Weiss, and 3,200 feet — resembles a diving decision to open the North sea to
“The crime is out of control and on the oaks were pearled with brother-in-law Matthew Ferri just before sunrise on the board. In the valley below, creeks more oil and gas drilling.
getting worse by the day,” White rain. Mushrooms erupted from appalachian Trail in beans purchase, n.h., in 2017. slanted through the green. There This got sunak’s private man-
said. “Kids and innocent people softened logs, and in the crepey were pinpricks of farms and sion in the Yorkshire countryside
are getting killed. It’s becoming mass of damp leaves on the sEE appaLaChIan ON a8 draped in “oil-black fabric” by
sEE hOMICIDES ON a14 sEE CLIMaTE ON a13
dEmoCRaCy In amERICa
The United States’ loss to Sweden on penalty kicks Sunday capped its disappointing World Cup.
JABin BoTSford/The WAShingTon PoST
U.S. squad and its fans left in stunned disbelief ZaPOrIZHZHIa reGIOn, ukraIne
— some of Ukraine’s most elite
limit tactics, units turn to
self-detonating drones
denly disrupted, the Ukrainians
then destroyed the tower with a
strike from a U.s.-provided High
BY C ANDACE B UCKNER emotions clashing as the end of her famed career special forces are now operating Mobility Artillery Rocket system,
ambled to an unfitting close. slightly back from the front line — or HIMARs. The missile
MelBOurne, ausTralIa — Lynn Williams stood Those are the faces of utter and abject disap- with virtual-reality glasses that A three-man team last month slammed into the structure with
but was closer to frozen next to her equally pointment. We’ve never seen the U.s. women’s give a drone’s-eye view. manually directed a drone to hit a the sort of precision the Ukraini-
shocked teammates, holding her hands near her national team look like this — like lost tourists at Last year, there were opportu- cluster of antennas affixed to a ans have come to rely on in their
chest, each splayed finger suggesting she had just a tournament they had once known so well. Wil- nities to creep into Russian-occu- tower in Polohy, a town occupied 17-month fight to expel the Rus-
dropped something important. liams’s traumatized expression. Naeher appear- pied territory at night to take out by Russian troops in Ukraine’s sian occupiers. But had the drone
Alyssa Naeher cradled something very impor- ing as though she would like to have a word with enemy targets. Now, with vast Zaporizhzhia region. The Rus- not disabled one of the antennas
tant — the ball — and refused to let go, as if by management to file a very angry complaint. Rap- minefields and other fortified sians were using the electronic first, the HIMARs rocket prob-
hugging it close she just might get that call re- inoe wilting in her final international match and Russian defenses stalling warfare system to spoil the work ably would have missed.
versed. looking unsure whether to laugh or cry during Ukraine’s sweeping counteroffen- of Ukraine’s satellite-guided rock- That sort of operation has be-
Megan Rapinoe smiled through teary eyes, her sEE bUCKnEr ON a6 sive, an uncrewed aerial vehicle ets. come a trademark of special forc-
armed with explosives does that The drone, made of styrofoam- es units such as the security
a shootout shocker: The U.S. women are sent home from the World Cup in the round of 16. d1 during daylight instead. like material and costing $1,500, sEE UKraInE ON a18
that would guarantee access to the procedure, “The Justins,” two a remote U.S. outpost in warnings for the rest of rone West’s 2013 death phone use and exhibi- woRld nEwS ............................. a11
young Democratic state Syria, an airman was Europe. A11 in police custody. B1 tionism at this summer’s
GOP lawmakers are trying to make amending legislators in Tennessee, On the anniversary of Questions remain over showings, it seems we
accused of betrayal in a CONTENT © 2023
1
the state constitution more difficult. A2 gained a national case that ultimately the bombing of Hiroshi- whether D.C. officials may have forgotten how The Washington Post
Year 146, No. 53570
platform after being crumbled. A5 ma, Japan’s premier de- were aware of former to go to the movies. C1
train crash in Pakistan A derailment left at expelled. Will their mix Dueling youth confer- cried Russia’s “nuclear deputy mayor John a sculpture of a reclin-
least 30 people dead and over 80 injured, of religion and politics ences underscored a di- threat” and promoted Falcicchio’s unwelcome ing Lady Liberty is on
have broad appeal? A3 disarmament. A12 sexual advances. B1 display in Arlington. C1
renewing questions about transit safety. A18 vide between parties. A7
A2 ez re the washington post . monday, august 7 , 2023
l
c O R R E c TI O N
Display: 202-334-7642 trying to make the process more From left, Susan Polakoff Shaw, Maureen McDermott, Nora Katzenberger and Brigid Boettler help assemble voter information packets
difficult. They scheduled a special and yard signs opposing Tuesday’s ballot measure to make it harder to amend the Ohio Constitution in Cleveland last month.
MAIN PHONE NUMBER election for Tuesday with just one
202-334-6000
issue on the ballot: Should consti- voters have fair representation. ballot measure have raised rough- isn’t this all about the abortion by Susan B. Anthony Pro-Life
TO REAcH THE NEWSROOM tutional amendments require the Plus, they contend, it would make ly $25 million, according to cam- issue?’ To me and my wife, Amy America, a leading antiabortion
Metro: 202-334-7300; support of 60 percent of voters it all but impossible to change the paign finance filings, while those Gonidakis, it absolutely is. It’s group — are knocking on doors
metro@washpost.com rather than a simple majority? constitution in ways that con- on the other side have raised 100 percent about the abortion across the state, particularly tar-
national: 202-334-7410; To pass, that measure needs servatives would support. about $20 million. Both sides issue,” he said. “But for you, it geting independent voters as well
national@washpost.com just a simple majority. If it’s ap- Proponents of the new thresh- have accepted money from out- might be about something else.” as abortion opponents who are
Business: 202-334-7320; proved, future ballot initiatives — old are “willing to change the side the state. Throughout the event, he not regular voters. Before discuss-
business@washpost.com including the abortion measure rules because they don’t trust vot- Those opposed to changing the ticked off a list of other issues: ing the substance of the ballot
sports: 202-334-7350; — will need to achieve the new, ers,” said Catherine Turcer, execu- rules for amending the constitu- Minimum wage. Gun rights. Mar- initiatives, some advocates ask
sports@washpost.com higher threshold. tive director of Common Cause tion sense that Ohio voters are on ijuana legalization. voters if they’re aware there’s an
investigative: 202-334-6179; Supporters of abortion rights Ohio, a nonprofit group focused their side. A July poll by USA Under the long-standing rules election Tuesday and also an
investigations@washpost.com and other advocates for keeping on strengthening democratic in- Today and Suffolk University allowing simple majorities, “our abortion rights ballot measure
style: 202-334-7535; the citizen initiative process in- stitutions. found that 57 percent of voters constitution is for sale,” Gonida- looming in November.
style@washpost.com tact have accused Republican The special election Tuesday in opposed raising the vote thresh- kis said. He contended that pow- Conservatives may have diffi-
reader advocate: 202-334-7582; lawmakers of trying to thwart the Ohio has turned into a proxy fight old. Support for the measure was erful interest groups outside the culty among some voters they
readers@washpost.com will of the majority and weaken over abortion, which has proved soft even among Republicans, state wanted to obstruct the will normally rely on. Lee Weingart, a
voters’ voices. Republicans and to be a potent political issue since with only 38 percent of GOP vot- of the people and help finance Republican who lost a race for
TO REAcH THE OPINION PAGES opponents of abortion have de- the U.S. Supreme Court last year ers backing changing the rules. expensive ballot measure cam- Cuyahoga county executive last
Letters to the editor:
letters@washpost.com or call
fended their call for the special reversed the 1973 Roe v. Wade In recent years, several states paigns in Ohio. year, said he is likely to vote
202-334-6215 election, arguing that there decision that guaranteed a consti- have rejected measures that Later that day, at a fundraiser against the abortion rights meas-
opinion: should be a high bar for amending tutional right to an abortion. In would have raised the threshold for a coalition of antiabortion ure but opposes the effort to raise
oped@washpost.com the state constitution, just as two conservative-leaning states, for amending their state constitu- groups at a farm southwest of the threshold for amending the
Published daily (issn 0190-8286). there is for modifying the U.S. voters rejected referendum mea- tions in response to efforts to Columbus, top Republicans deliv- state constitution.
PostMaster: send address changes to
the Washington Post, 1301 K st. nW, Washington,
Constitution. They argue that vot- sures that would have changed expand Medicaid, raise the mini- ered a similar message. “My belief is that rather than
D.C. 20071. ers still would have a say in state their constitutions to explicitly mum wage and limit gerryman- Ohio Secretary of State Frank change the rules midstream or
Periodicals postage paid in Washington, D.C., and policy under their plan and con- say they did not grant a right to an dering. This includes in South LaRose, who has since launched a move the goal posts, we should
additional mailing office.
tend that they want to prevent abortion, while voters in three Dakota and in Arkansas last year, bid for a U.S. Senate seat, was up make principled arguments
out-of-state groups from wielding states backed measures enshrin- while attempts to schedule a simi- first. against initiatives that we don’t
outsize influence in Ohio. ing abortion rights in their consti- lar vote in Missouri failed this “Constitutions do not exist for like,” Weingart said. “So if you
Download The In essence, Ohio voters are tutions. spring. day-to-day legislating — things don’t like the abortion initiative,
grappling with a confluence of Access to abortion motivated The July poll from Suffolk Uni- like casinos or raising the mini- you should make an argument
Washington Post app two hot-button ideas: the fate of many voters in the 2022 midterm versity showed that 58 percent of mum wage or maybe trying to do against it rather than change the
stay informed with award-winning abortion rights and, when it elections, and the issue is expect- likely voters supported the abor- something that would make it rules of the game to prevent it
national and international news, comes to citizens’ ability to ed to be a force in next year’s races tion amendment, suggesting that harder for farmers to run their from going into effect.”
PLus complete local news coverage change the state constitution, the for president and the U.S. House the referendum measure would operations . . . or something like The proposal in Tuesday’s spe-
of the D.C. metro area. Create future of an important tool of and Senate — and what happens easily pass under existing rules this radical abortion amendment cial election also would make it
customized news alerts, save democracy. in Ohio this year will be closely but could come up just short un- that is being considered this No- harder to get any constitutional
articles for offline reading in My “It’s not a question of a voice at watched across the country. der the 60 percent standard. vember,” he said. amendments on the ballot in the
Post, browse the daily print edition all; people still certainly have The Tuesday vote in Ohio has On a Saturday morning in July, LaRose pulled out a pocket-size first place.
and scroll through our the Discover their voice,” said Ohio Gov. Mike drawn unusually intense interest union members gathered at P.J. U.S. Constitution and noted that Now, citizens who want to
tab to find stories that interest you.
DeWine (R), who supports raising from voters and donors. As of McIntyre’s, an Irish pub in Cleve- the document has been amended amend the constitution must get
the threshold to 60 percent. “I Friday, more than 578,000 people land with a mural of a pint of 27 times. By contrast, Ohio has signatures equal to 10 percent of
free to download on the app store
think it’s a question of, how do had voted early — a turnout that is Guinness stout on one wall and a amended its constitution 172 the number of people who voted
and Play store, subscribers enjoy you view the constitution? . . . more than double what was seen silhouette of Ireland on another. times. He declared that “the left” in the most recent race for gover-
unlimited access. People are still going to have the in the May 2022 primary for Sen- Some wrote personalized post- wants to change it every year. nor. Signatures must be collected
opportunity to vote, and people ate but low in comparison with a cards urging people to vote this That’s why Valerie Cardwell, a in at least 44 of Ohio’s 88 counties,
are going to vote on this.” fall election for governor or presi- summer as others downloaded a resident of Pickaway County who with the total from each county
Opponents of a 60 percent dent. Canvassers for and against phone app they would use to attended the event, plans to vote equaling at least 5 percent of the
threshold contend that the Re- the measure have been knocking guide their door-knocking efforts. for the measure, she said. votes cast in the governor’s race.
publicans’ line of argument is dis- on doors for weeks, and the cost of From the stage, speakers em- “I’d like to see Ohio a lot closer If the secretary of state deter-
ingenuous. They say raising the their efforts is climbing. Groups phasized the importance of de- to the U.S. Constitution,” said mines that the backers of the
bar for changing the constitution that support securing abortion feating Tuesday’s ballot measure, Cardwell, who owns small gro- ballot measure have not turned in
will make it harder to end parti- rights in the November election Issue 1. cery stores with her husband. “It’s enough valid signatures, they are
san gerrymandering and ensure and those that oppose Tuesday’s “The most corrupt state legisla- very difficult to amend the U.S. given 10 days to gather more.
tive majority in Ohio’s history is Constitution. I think Ohio should Issue 1 would change those
Revitalize Your Kitchen Affordably: Kitchen Saver’s trying to make a power grab to
take away the power of the peo-
be a little closer to that.”
Ohio gave citizens the ability to
rules by requiring petitioners to
hit the 5 percent mark in every
FREE
derstands the allure of wanting could not get an abortion in her voters raise the threshold.
Pay Zero Out of Pocket and Save 10% constitutional amendments to
pass by resounding margins.
home state. Nearly three months
later, a Hamilton County judge
More immediately, the secre-
tary of state determined in July
Plus receive No interest and No payments for 12 months In-Home “The flip side is that 40 percent blocked the abortion ban, and a that supporters of abortion rights
Coupon must be presented at the time of estimate. Offer cannot be combined could defeat it,” she said of a lawsuit is wending its way had turned in enough signatures
with any other discounts. Subject to credit approval. Consultation Today! constitutional amendment. through the court system. Since to hold the November vote. Days
Custom Cabinet Renewal: uniting premium processes, premium people, and “That’s kind of lopsided.” that ruling, women seeking abor- later, two Republicans sued to
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202-996-3561 DC dozen people gathered north of strict bans — such as Georgia, preme Court is expected to reach
Columbus at the Marion County West Virginia and Kentucky — a decision soon on whether that
301-264-8319 MD Republican Party’s headquarters. have traveled to Ohio. Some have vote can go forward.
Michael Gonidakis, president of come from as far away as Texas. And on Tuesday, Ohio voters
Prepare to be impressed.™ 703-552-4050 VA Ohio Right to Life, urged them to Ahead of the special election, will decide whether that election
vote to change the rules. canvassers with Protect Women will be decided by a simple major-
MHIC#28743 District of Columbia Basic Business License #420214000004 Virginia Class A Contractor’s License #2705152898
“Some people said, ‘Gonidakis, Ohio Action — which is supported ity — or not.
monday, august 7 , 2023 . the washington post eZ re A3
LEFT: State Rep. Justin Pearson (D-Memphis) closes a town hall meeting with a prayer at Macedonia Missionary Baptist Church in Memphis on July 25. RIGHT: State Rep. Justin Jones (D-Nashville) marches
to the Capitol in Nashville after being reinstated by the Metro City Council on April 10. The men gained a national platform after being expelled in April by lawmakers for protesting in the chamber.
BY M ICHELLE B OORSTEIN
DONE
[now] who will let you beat them role historically, and that’s some- march that morning that will in-
in streets with hoses and dogs. thing that young Blacks, even clude Black pastors who favor gun
They will fight back. That image is atheists, say: ‘I have to admit the control.
RIGHT
a passive image. No one likes that. Black church mattered,’ ” Both men have won their recent
It doesn’t feel like it works because Mohamed said. races either by wide margins or
look where we are,” she said. But the Justins have sparked a had run unopposed. On Thursday,
Both men have had to run four discussion about the role of Black Pearson beat Jeff Johnston, an In-
times in the past year due to rules
surrounding their April expulsion
churches in the civil rights move-
ment, as well as speculation about
dependent, with more than
90 percent of the vote. Jones beat
THE FIRST TIME.
and reinstatements. The pair how clergy in Tennessee and Laura Nelson, a Republican, with OVER TEN THOUSAND HOMEOWNERS
raised a combined $2 million dur- across the country will react to a more than 75 percent. ✔ WINDOWS ✔ TILE & FLOORING SERVED IN THE DMV
ing the second quarter of this year, call the legislators frame as deeply The Justins’ platforms high-
the Associated Press reported, moral and Christian. light negative environmental im- ✔ SIDING ✔ VANITIES Industry leading 5 year warranty
thanks to the national name rec- Mohamed’s report cited histori- pacts on poor communities, gun
ognition they gained since being ans saying that while Black control, health care and living ✔ DOORS ✔ COUNTERTOPS Voted “Best Handyman” in Washington
booted out by their fellow law- churches’ organizing was crucial wages, among other goals. In the City Paper and Bethesda Magazine
makers for protesting in the legis- to the civil rights movement, weeks before the special general
✔ TRIM ✔ ACCESSIBILITY
Awarded “Top Workplace” by
lative chamber about gun vio- African American Christians who election, Pearson emphasized & MORE The Washington Post
lence. were involved were always in the quality of life issues such as get-
But 2023 isn’t 1968, especially minority. King had to leave his ting trash picked up more quickly A DIVISION OF Since 1961, over 60 years in business
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A4 eZ re the washington post . monday, august 7 , 2023
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A6 eZ sU the washington post . monday, august 7 , 2023
perspective
U.S. women
and their fans
face stunning
new reality
buCkner frOm A1
This is what belief gone Fans at Franklin Hall in Washington react Sunday morning to watching the Americans fall to Sweden in the round of 16 and fail in their bid to win a third straight World Cup.
wrong looks like. Three married
couples from Texas have been in through. Because they had so whites and reds. “We’re going to What followed was a travel to melbourne. Dan got stuck in Wells and Bri Cullimore. They
Australia for about two weeks. much faith in the team, these go back.” nightmare: Their original flight the middle seat. sat in their seats, surviving on
Soccer-loving Greg Gipson was soccer aficionados wound up This is what unrequited was delayed 10 hours. They slept “Ooooof. that was rough!” red Bull and vibes after landing
the master planner of the trip. witnessing just one match, and devotion looks like. Portland in the airport until 3 a.m. They Dan texted me following the for their spontaneous trip to
At the previous World Cup in it was the most painful one in Thorns super fans Nicole and sat near the back of the plane match — about the soccer, not melbourne on Sunday morning.
france, his group attended program history. The trip, Dan froelich booked their flight for the 17-hour flight, and when the travel. Though those five O’s Their itinerary: New York to Los
every U.S. match. The however, wasn’t all bad. The from Vancouver, B.C., to Sydney the plane hit turbulence, they in “oof ” revealed some Angeles, Los Angeles to fiji, fiji
Americans made it look easy, so Parsons, Texans who are — under the wrong assumption felt every scary jolt and shake. suffering, the froelichs never to Sydney, and Sydney to
Gwen Gipson told me they temporarily living in Korea, that the Americans would win They landed in Sydney on complained. melbourne . . . and monday,
decided to skip the group stage ditched the group matches for a their group and begin the friday night, fatigued yet still Neither did a single protest they planned to leave
this time and enjoy themselves a winery tour in Adelaide. knockout round in that fanatical, and less than 21 hours escape the loopy smiles worn by melbourne on a 6 a.m. flight,
little as the Americans breezed “fantastic,” Dave raved of the Australian city, not this one. later they caught another flight New York City friends Taylor because this is what crazy looks
like.
“We love the U.S. women’s
national team so much!”
Cullimore yelled through her
sleep deprivation.
“That’s how much!” Wells
echoed. “It’s been refreshing to
my soul to see grown-a-- men
wearing a Crystal Dunn jersey,
wearing a rose Lavelle jersey.
That’s been really incredible for
me to see. As a sports fan, as a
woman, as a woman in sports
business, it’s amazing.”
This is the fervor that has
fueled this team. And for 90
CHARTER SPONSOR minutes, the Americans
appeared as though they could
feel all the passion and hope
from their fans. Over 90
minutes, they were in control of
AUGUST 12
a game they’ve owned for
decades, well before this current
2023
25 25 0 Payments
and Vivek Ramaswamy, the mil- TikTok, but acknowledged that campuses and going beyond tra-
lennial tech entrepreneur, for
making efforts to reach young
Young America’s Foundation as
an organization has had success
ditional media to appear on You-
Tube channels and on podcasts.
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were invited to speak, but Ramas- “I’m not going to concede that that I think conservative Republi- It’s time to start entertaining outdoors! There are many days For qualified Buyers, Financing options subject to
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also hosted Cleta Mitchell, a Re- people our age,” said Mary Wet- The organization will also host
publican lawyer who previously
told a roomful of GOP donors that
terling, a 21-year-old illustration
major at the Milwaukee Institute
a block party in Milwaukee before
the debate featuring conservative 7
conservatives must band togeth- of Art and Design. “There’s ways influencers in an effort to court
1945 – 2023
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baltimore
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Detail
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frederick
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ver
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ac Ri
tom
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Harpers Ferry
G IN IA
W ES T V I R
V IR G IA
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IN “The Roller Coaster”
A ribbon of the path along
Winchester
a suburban highway near
Washington was abandoned
for steep wilderness terrain
resembling a roller coaster.
Shenandoah
National Park
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RT lizzie JoHnson/tHe WAsHington post
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s
Harrisonburg
charlottesville
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Waynesboro
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Ridge Parkway
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Blue
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lynchburg
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TOP: McAfee Knob is one of the most photographed spots on the Appalachian Trail. Yet, for almost a decade, it wasn’t part of the
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Appalachian Trail until the National Park Service reclaimed the land. ABOVE LEFT: Benton MacKaye, left, and Myron Avery pose for a
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g
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photo in 1931, soon after Avery was elected chairman of the Appalachian Trail Conference. ABOVE RIGHT: An image from Myron Avery’s
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McAfee Knob scrapbook shows the Pinnacles of Dan in 1932. BELOW: The Georgia Appalachian Trail Club mounted this plaque at Unicoi Gap.
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d
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3,197 ft roanoke
chemical plant. shaved fields. The vast ocean of to the A.T. over the past 86 years, local historians Don and Diane footpath in partnership with the
rkway
Jefferson national Forest lapped charting how it has been reimag- Wells in a post for the Mt. Park service and local trail clubs.
u
floyd the horizon. ined for 3 million annual visitors oglethorpe Foundation’s website. “Any time we do any kind of
princeton
This panorama atop Catawba and the tens of thousands who It wasn’t the first time tensions relocation, the litmus test we put
l
Mountain draws more than have committed months to hiking had arisen over where the A.T. it through is: Is this going to
50,000 people each year, causing its entirety. should start and end. The ques- enhance and improve the hiker
B
a logjam and necessitating a sea- Atop McAfee Knob, a wave of tion had plagued trail officials experience?” Marra said.
NO Trail in 1941 sonal shuttle to the trailhead on hikers spilled onto the viewpoint. since the path was first proposed In the case of Mount ogletho-
RT
H
Wytheville weekends. A group of retired firefighters — by Benton MacKaye — a forester rpe, eliminating the first three
mt. Airy “once at the top, you can’t put training for a summit of Mount and regional planner from Mas- dozen or so miles made sense. In
words to it,” one hiker wrote on Rainier — took turns snapping sachusetts — in a 1921 essay. 1958, trail officials voted to shift
more than 300 the popular outdoor website All- photos on the outcropping, Grief-stricken by his wife’s re- the terminus to springer Moun-
miles of trail Trails. which, from the right angle, made cent suicide, MacKaye dreamed tain, tucked in Chattahoochee
A A in virginia was But for almost a decade, McA- them appear to hover over thin of carving out a footpath where national Forest — a place that
NI
R GI LIN discarded. fee Knob wasn’t part of the A.T. at air. city-dwellers could deal with “the was greener.
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VI AR all. In the distance, the mountains problem of living.” He proposed a It was also better-smelling.
C
N. Much of the mountain was pri- flushed blue-green. A spring 1,200-mile trail stretching from
vately owned, and the landowners storm was pressing down; the air the highest point in the northeast
— fed up with trash and bad hiker was wet with humidity. The hikers — Mount Washington in new
behavior — became reluctant to rested, some for a few minutes, Hampshire — to the highest point
let visitors onto their properties. some for an hour, as the rain in the south — Mount Mitchell in The Lost
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A so from 1978 to 1987, they didn’t. churned closer. north Carolina. Appalachian Trail
bristol R N The trail was relocated onto a Then they continued on, the The objectives, MacKaye said,
O I 1,700 MILES TO MOUNT KATAHDIN
L nearby, less scenic mountain, un- trail urging them forward. were “(1) to walk, (2) to see, (3) to
N O til the national Park service used see what you see.” — UH-OH, DON’T GET LOST!
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A eminent domain to return the With the help of Myron Avery
C Hickory vista to the A.T. experience. — an admiralty lawyer at the U.s. Few people remember that
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“I can’t believe it,” said Austin Maritime Commission in Wash- this 300-mile stretch of trail in
Johnson city stewart, 21, standing atop McAfee Mount Oglethorpe ington — the A.T. reached com- Virginia ever existed.
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Knob with his girlfriend, Beyla to Springer Mountain pletion 16 years later. Avery, a Traversing the southwestern
Richman, 22. “It’s one of the few native of Maine, insisted the trail corner of the state, this section of
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N before,” Richman agreed. YOUR BOOTS AND LET’S GO! He and MacKaye also clashed total mileage — was among the
N Though fixed in the public over what the trail should be. last pieces slotted into place be-
t
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T imagination, the world-famous The chickens, of course, ruined MacKaye favored wilderness at fore the footpath’s completion.
footpath, which stretches from it. all costs. Avery preferred a com- Passing through Iron Mountain
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Georgia to Maine, has been It was 1958, and a decision had plete, unbroken path, regardless and the Pinnacles of Dan, the
stretched, shrunk, rerouted and to be made — leave the A.T.’s of location. area was so remote that it had
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Asheville redesigned since it was declared southern terminus in Georgia on “You are for a connected trail — proved difficult for trail leaders
complete in 1937. Mount oglethorpe or move it whether or not wilderness,” Mac- to visualize. They were forced to
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As America has transformed, north to springer Mountain, Kaye wrote to Avery in a 1935 puzzle over topographic maps so
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Blue Ridge Parkwa
so, too, has the A.T. — changes that snipping off the first 37 miles of letter. “I am for a wilderness trail old that some dated to the Civil
Great Smoky
M
less than half of the trail remains they tended to start at the 38- morph over the decades. al, though it was later modified to
H A where it was originally laid. foot-tall monument atop Mount “The precise length of the Ap- include the landmark.
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T N
U I “I’m going to guess there have oglethorpe. Carved from local palachian Trail is a matter of nearly as soon as the trail was
O L been 1,500 to 2,000 modifications marble, the obelisk was skinny interesting uncertainty,” Bill Bry- set, it began to move again.
d
S O
franklin
R to the trail’s route, and most of and pale, resembling the Wash- son wrote in his 1998 best-selling “so the western half was on
C. IA A them are so small that you ington Monument in miniature. book about the A.T., “A Walk in the protected federal land, but the
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N. RG C wouldn’t be able to really see it on It’s where earl shaffer — a World Woods.” He listed a range of fig- eastern half wasn’t, and it kept
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GE a screen,” said Mills Kelly, a pro- War II veteran and the first per- ures from different sources be- moving around because of that,”
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fessor at George Mason Univer- son recognized to have completed fore concluding, “What is certain Kelly, author of “Virginia’s Lost
sity who studies the A.T. The the entire A.T. — began his jour- is that it is a long way, and from Appalachian Trail,” explained in
author of “Virginia’s Lost Appala- ney in 1948, challenging the per- either end it is not easy.” an episode of his podcast.
chian Trail,” Kelly also hosts a ception of what was possible. There’s a certain calculus to In the 1930s, the Park service
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Current Appalachian Trail podcast called “The Green Tun- But now, the big issue was the deciding where — and when — to began building the Blue Ridge
nel,” a reference to the trail’s chickens. move the A.T., said sandi Marra, Parkway along more than 100
u
heavy tree cover. There were so many of them. president of the Appalachian miles of the A.T. MacKaye and
Those adjustments — criss- And they smelled awful. Trail Conservancy, the nonprofit other trail leaders worried about
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crossing 14 states, eight national “Hikers didn’t want anything organization that manages the the A.T.’s sudden proximity to
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forests and the ancestral lands of to do with that,” Kelly said. construction, traffic and other
22 native American tribes, most There were reasons other than markers of civilization. The point
Springer Mountain of them forcibly removed by the the chicken farms, too. Vacation of the trail, after all, was to
Previous
southern terminus A
I government in the 1800s — have homes were popping up like an escape those reminders of urban
route G left cartographers at the Park invasive weed. Timber companies life.
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Mount Oglethorpe O service struggling to keep up. Past were clipping through the forest, They wanted to move the trail
original terminus E iterations are often forgotten, leaving sections bald and ex- into the protective embrace of
G their blueprints scattered among posed. old-timers in the area op- the Jefferson national Forest. In
more than 30 local trail clubs, erated illicit distilleries — one 1952, the conservancy shifted the
The southern terminus in stored in plastic tubs in the base- spot on the trail had been nick- trail west of Blacksburg, where it
georgia was moved from ment of a former club president, named “Moonshine Mountain” — remains to this day. The original
one mountaintop to another, glued to vellum at one club’s office and were often unfriendly to hik- markers were torn down. The
37 miles away. in Vienna, Va., and in a new ers. hiking books were amended.
NO
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H archive at George Mason Univer- “The destroyed wilderness and The old trail, it seemed, van-
20 miles
Atlanta sity. the possibility of being shot at ished.
The Washington Post tracked greatly impacted the use of Appa- see APPALACHIAN on A9
down some of the biggest changes lachian Trail in our area,” wrote cArol m. HigHsmitH/librAry of congress
monday, august 7 , 2023 . the washington post eZ Re A9
Detail
Mount Katahdin
northern terminus
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augusta
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Bonnie Jo MounT/The WashingTon PosT M
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M
H.
Bethel
At la nt i c
Oc ean
Portland
Mount Washington
6,288 ft
tns.
te M
C Dover
Whi
a new hampshire vacation
on
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Bonnie Jo MounT/The WashingTon PosT Bonnie Jo MounT/The WashingTon PosT
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Concord
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TOp: Trail builder annie Dumais works on a section of the appalachian Trail near little Gap, pa., on april 18.
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aBOVE lEFT: pink ribbons mark the path of what will become a new section of the appalachian Trail near little Gap, pa. Dartmouth College
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aBOVE RiGhT: Kurt a.T. Bodling is the library director of the appalachian Trail Museum in pine Grove Furnace State park, pa.
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appalachian from a8 of rocks, pouring gravel around a right there! and also here! and jeans were streaked with dirt, ON W
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boulder to stabilize it. it was a there, too! nearby, pink flagging and an orange construction hat T
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chilly day in mid-april, with bits in the pine marked where the bobbed on her head. She re
of frozen rain spitting down new a.t. would soon go. dreamed of hiking the entire Rutland e
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from a gunmetal sky. the hill- part of the path, just north of a.t., but for now, the trail builder Keene
The rise of the
M
sides weren’t yet in bloom, and allentown, overlooks a zinc was content to just construct it,
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Roller Coaster fog skulked around the moun- smelting operation that made rock by rock.
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nt
tains in the distance, sloped and the environmental protection “i’ll save it until i’m retired,”
S
ai
1,180 MILES TO MOUNT KATAHDIN — faded. agency’s list of Superfund sites Scholtz said. “i can hike over
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ns
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BEWARE THE TRAIL BOSS! Scholtz, 25, had spent much of in 1983. the pollution blew onto pieces that i set when i was 25 —
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the previous day dragging the the ridge, causing a massive veg- hopefully.” NE ERM
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greenfield
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You’ll see the warning first. boulder downhill, then aligning etation die-off and leading to a W O
YO N T
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“You are aBout to enter it with the others — one step in a decades-long cleanup. RK
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tHe roLLer coaSter,” an- staircase of many. Kurt a.t. Bodling, the library
A
NO
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nounces the sign, laminated and Someday soon, a hiker would director of the appalachian trail RT
Maine’s 100-mile H
S
stapled to a trail marker. “ … easily climb up this scree, un- museum in nearby pine grove
A
springfield
wilderness B
M
HaVe a great ride.” aware of the time and effort it furnace State park, pa., once
then come 13 miles of rolling had taken to relocate the path described it as “death Valley” —
e
hills — 3,800 feet up and 3,720 here. they might even — mistak- though remediation efforts over 115 MILES TO MOUNT KATAHDIN —
r
feet down, to be exact. Stretched enly — think it had been around the years have helped a lot, he YOU’RE ALMOST THERE!
k
between ashby gap and Snickers since the beginning of the a.t. said.
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M A YO R
albany
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gap in northern Virginia, the “if you want a small area with “it was like you were wander- david field remembers when hartford
SS K
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roller coaster was the solution to as many trail realignments ing, looking for a waterhole, only more than half the trail in maine
r
a lot of concrete-walking. crammed in as possible, you’re in to find it poisoned and a dead wasn’t much of a trail at all.
e
a half-century earlier, the a.t. the right place,” said Bob Sickley, animal next to it,” Bodling said. the northern terminus of the a 1951 trail guide reroutes the
s
had been bumped onto a 15-mile a regional manager for the appa- “the zinc plant is why palmerton a.t. — atop 5,269-foot mount Ka- trail in several places throughout
.
stretch of highway shoulder. lachian trail conservancy. looked like a desert.” tahdin — is gloriously unspoiled,
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then, in the 1980s, trail officials Sickley, who was on the ridge Sickley, more diplomatic, says But for decades, the 280-mile trail
EW
N R
N K
began working to purchase a sliv- to check on the trail construction that the area has struggled to leading up to it needed work.
.
er of land that felt wilder. crew, hiked at a brisk pace, point- confront this “external threat,” there was a big push to reroute
at only 1,000 feet wide, the ing out places where you could and that the new route — a total it, said field, 82.
corridor the park Service even- still find the old a.t., if you of 14 miles of trail work — will now retired from the School of an early trail guide marked
tually purchased didn’t leave looked hard enough. the white improve the hiker experience by forest resources at the univer- the trail south of Whaley Lake.
much to work with, but it would blazes had faded — but not com- delivering better vistas. sity of maine, field has been the Hu
s d Previous
have to do. chris Brunton, a hik- pletely. He motioned to a thick on the ridge, Scholtz contin- manager of lands for the maine l route
so
n
ing enthusiast and member of the patch of forest. the old trail was ued stabilizing her boulder. Her appalachian trail club for 20
l
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i
ver
not a well-laid trail,” said Brun- Detail Palmerton Zinc who’d originally etched the path
Pile Superfund site Middletown
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ton, who goes by the nickname Penn. into the landscape mostly laid the K
YO R
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RSE
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because the park Service bought logging and fire-tower access NEW
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Palmerton
only so much land. We did the roads — or along busy highways.
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Le
best we could within that narrow h i g h R i ver about 80 percent of the trail
corridor.” crossed land owned by nine major
the resulting trail was so hilly New route for the timber companies.
that out-of-breath hikers started Appalachian Trail “the atc leadership came Delaware Water
calling it the roller coaster. close to abandoning the maine Gap National
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“How many miles and feet of section,” field wrote in his 2011 Recreation Area
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scranton
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1 M i Le
demanded Kyle putnam, 28, as he after the a.t. was placed under
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and his wife and a friend tra- control of the park Service in
versed the roller coaster on a 1968, the federal agency bought
spring morning. more than 37,000 acres in maine,
n o s
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Brunton is used to fielding Detail whittling out a protective corri- P E . J.
NN
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.
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“at Harpers ferry, hikers will about 14 miles of the trail were
ViRginia
come over and say, ‘Why did you rerouted from Sugarloaf moun-
c o
Palmerton
make that so difficult?’ i’m the Shen
and tain’s popular ski resort to nearby
last one standing,” he said, “so i oa crocker mountain. an additional
o
hR
get the blame. i say, ‘You can walk 50 iv 15 miles was moved from a high-
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the old trail. it’s still there. it’s 15 way corridor — near maine
er
Ashby Gap
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Before the 1980s, the trail used to felt like true wilderness, with bo-
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ashby gap and snickers gap. hills — ended atop mount Katah-
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2 MiLe
es
WELCOME TO ROCKSYLVANIA “from the top of mount Wash- Lancaster
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RT harrisburg
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on a remote ridge above penn- Ashby Snickers of cars and villages of people,” 20 MiLes
Gap York
sylvania’s Lehigh Valley, ally 737 ft.
Gap field said. “from Katahdin, you
Scholtz crouched over a jumble continued on next page
a10 ez Re the washington post . monday, august 7 , 2023
of america, of legs turned shaky Virginia Happy Trails running TOP: Hikers make their way down Mount Katahdin in Maine in 2014. ABOVE LEFT: A weatherworn sign at the peak of Mount Katahdin
by rocky ground, of endless mos- Club. in Maine in 2014. ABOVE RIGHT: The first rays of sunlight color the clouds over Mount Katahdin in this view from Patten, Maine.
aPPalachian trail
Earl Sha≠er lost his best friend to war. A trailblazing hike helped him heal.
BY L IZZIE J OHNSON living, who took a daily spoonful army surplus poncho he slept young Winemiller. He’s clean- conservancy that he was closing told himself.
of vinegar, ate blackstrap molas- beneath, preferring it to his tent, shaven and uniformed; a white in on mount Katahdin in maine. in the distance, he saw the
He wanted to “walk off the ses as an iron supplement and which he mailed home a week marine Corps cap is perched atop “an article had appeared in jagged peaks of nearby moun-
war,” so the 29-year-old crammed abstained from alcohol and ciga- into the trip. his head. His gloved hands hold a Appalachian Trailway News, tains and blue lakes that reflect-
his rucksack with old military rettes, who wrote poetry and His boots are so smelly, said rifle aloft in the air. written by editor Jean stephen- ed the sky — like “a giant mirror
gear and headed south from his shared his farm with a few goats Jane rogers, an associate curator son and Conference Chairman was broken over Katahdin and
pennsylvania home to a remote and cats, and a small fleet of at the National museum of amer- myron avery, while i was en the lakes are the pieces,” shaffer
mountain in georgia. Volkswagen microbuses he want- ican History, that the cabinet route,” shaffer wrote in his book. wrote in “Walking With spring.”
it was april 4, 1948, and Earl ed to repair. He dabbled in bee- they are kept in is opened as little “He changed the way “Explaining why such a trip was The journey might have been
shaffer was about to attempt a keeping, antiques dealing and as possible. almost impossible.” ending, but there was so much
feat that few people thought carpentry. But the trail was never “What you saw was what you that we view being in The group still didn’t believe that would come.
possible: Hiking the then-2,050- far from his mind. over and over, got,” rogers said of meeting shaf- him. shaffer would go on to repeat-
mile appalachian Trail, all in one he felt called to it — volunteering fer. “He went to war, had pTsD nature and hiking and edly push the limits of what was
go. to do trail maintenance, building when he came back, didn’t know An endless trail possible. in 1965, he would re-
as night fell and shaffer ap- shelters and lobbying for the what he was doing, just floun- being able to walk to as the miles left on his “long verse his journey, hiking from
proached the summit of mount congressional act that would dered around. so he decided to cruise” — as shaffer had nick- maine to georgia to become the
oglethorpe — then the southern eventually protect the pathway go for a walk.” places.” named his thru-hike — dwindled, first person to have completed
terminus of the a.T. — a biting from development. on those star-splattered Jeni Payne, whose great-uncle he began to dread the end. the trail in both directions. in
wind cut through his clothes. He “He was a humble man,” said nights and sun-drenched after- earl Shaffer was the first to hike the after months of blisters and 1998, at 79, he’d become the
huddled in a lean-to near a fire his nephew, Daniel shaffer. “He noons on the trail, shaffer entire Appalachian Trial wet feet, of sore shoulders from oldest person to complete the
tower. as night turned to day, he was shy, but if you got him thought often of his best carrying 40 pounds, of getting a.T. — a record he held for six
wasn’t thinking about how he’d started talking about hiking and friend and neighbor, Walter lost and waiting for the sun to years, before an 81-year-old from
soon make history. He was re- nature, he would enthusiastically Winemiller. “sometimes we would meet break through the rain, hiking North Carolina took the title in
membering the war, how he’d go on for a nice period of conver- His death haunted shaffer. along the creek of a late evening had come to feel like a more 2004.
worked as a radio man setting up sation.” “Before the war, there were and build a little fire, then sit by comfortable way of life. on the His name would become syn-
communications infrastructure atop mount oglethorpe, shaf- two of us who trained together it and talk of woodcraft and mountaintops, shaffer felt in- onymous with thru-hiking, and
on small islands across the south fer thought of Katahdin, 2,050 and we had our dreams, as many outdoor travel,” shaffer remi- spired, as though he was admir- his legacy would inspire tens of
pacific, and all that he’d lost. miles away. His rucksack was others have had, of hiking the aT nisced in one handwritten docu- ing the handiwork of god. thousands of people to attempt
mostly, he was thinking of heavy. His gear was burdensome. some day,” he wrote in the appa- ment, stored in the archives. Civilization, shaffer thought, their own thru-hikes of the a.T.
Walter. He and Walter Winemill- But he planned to “walk with lachian Trailway News in Janu- “alaska, Canada, south america, was a sham. Even after shaffer had proven
er had grown up together and spring” — not stopping until he’d ary 1949. “But iwo Jima was the and other places were in our But the end inevitably got to the group that his hike was
planned to hike the a.T. as a pair passed into maine, proving that end of life’s trail for him, leaving dreams, and we said that some- closer. massachusetts passed, legitimate — showing them pho-
— but that was before Winemiller he could do the impossible. me to travel alone.” day we would see them all. We then Vermont and New Hamp- tos, letters and journal entries,
died fighting one of the fiercest “i looked at the battered sign in the museum’s archives are never did mention the south sea shire, and shaffer was plunging offering firsthand testimonials
battles of the war. He was 26. for the last time while the shrill many more boxes of shaffer’s islands, where we were destined into maine. from people he’d met along the
“Now the time had come,” wind seemed to be saying, ‘get personal effects — dogtags, to go.” soon, it was aug. 5, 1948, and way — myron avery, one of the
shaffer wrote in his book, “Walk- moving, ridgerunner,’” shaffer health records, letters, poetry, soon enough, shaffer had cut he was at the base of mount trail’s founders, would continue
ing With spring,” which is about wrote. photos — that trace the outlines through nine states and was Katahdin. it had taken shaffer to discourage others from at-
his 1948 hike. “This was the He took the first step forward. of his grief and the imprint of the approaching the border of New 124 days to walk here from geor- tempting the same.
threshold of my great adventure, war on his psyche. in one picture, York and Connecticut. it was now gia. “Lest the difficulties be under-
long delayed by World War ii and ‘The Crazy One’ tucked neatly in a binder, is a summertime, and he wrote to the “Just take it slow and easy,” he estimated, there should be em-
without my trail partner, who He decided to call himself phasized the fact that mr. shaffer
had been killed on iwo Jima. “The Crazy one.” had just returned from over four
Those four and a half years of He wore his trusted bird shoot- years in the army, much of the
army service, more than half of it er boots without socks — he was time being in active outdoor
in combat areas of the pacific, convinced they would cause blis- service; that he was accustomed
without furlough or even rest ters — and carried a compass and to sleeping out of doors; and to
leave, had left me confused and a few service station road maps, finding his way without maps or
depressed.” since his guidebooks hadn’t ar- guides of any sort,” avery wrote
perhaps this trip, he thought, rived in time. He also carried a in a Nov. 34, 1948 memorandum.
would be the answer. spiral-bound journal that he one of the people who would
But not many believed he called his “little black book,” be inspired was shaffer’s great-
could do it. where he jotted down poetry, niece, Jeni payne, who was fasci-
The group that oversaw the wildlife observations, conversa- nated by the slide shows he
trail, now known as the appala- tions with others and his daily would show her, with pictures of
chian Trail Conservancy, in part- annoyances. nature and observations of the
nership with local trail clubs, Writing in blue or black ink trail. so far, payne, 34, has hiked
certainly didn’t. While some had and faded pencil, his handwrit- all of georgia, North Carolina,
managed to walk the trail’s entire ing is sweeping and spidery — a West Virginia and maryland —
length over many years, it had relic of past times that is often about 350 miles — with more
never been done in a single difficult to read and transcribe. states to come.
season. “am very happy to be heading “He changed the way that we
“The very idea of a thru-hike north again,” he wrote in one view being in nature and hiking
had seemed ludicrous and even entry in his journal, which is and being able to walk to places,”
vaguely suspicious to the leaders available to the public in the payne said. “i know for me —
of the local trail clubs,” wrote smithsonian’s digital archives. “ being a paramedic — turning off
mills Kelly, a professor at george … sang as i hiked, people must my cellphone and getting outside
mason University who studies in think i’m slap happy.” has helped me a lot. There’s a lot
the a.T., in a 2020 issue of the shaffer eventually donated his of things that i wish i could unsee
appalachia Journal. “ … public notebook and other belongings or go back and not do. Hiking
skepticism of single-season aT — pith helmet, cooking set, blue helped him, and that absolutely
journeys changed in 1948.” flannel shirt — to the museum of helps me.”
shaffer knew that much of the american History just before his in 1948, as the top of Katahdin
11-year-old a.T. had fallen into death of liver cancer in may grew closer, shaffer wished the
disrepair during the war. in some 2002. They tell the story of a hike trail would go on forever, the hike
places, it had disappeared alto- that defined the advent of thru- would never be over. But he took
gether. Yet, his faith didn’t waver. hiking in america — the dried his final steps, reaching the
He was a lifelong bachelor, a Betty Crocker soups shaffer ate dAvid donAldSon/couRTeSy of APPAlAcHiAn TRAil conSeRvAncy
weather-beaten sign that sig-
quiet man who believed in for dinner, the pan-baked bread Earl Shaffer on Mount Katahdin in Maine in 1948. He was ‘confused and depressed’ when he started naled the journey’s end.
jiu-jitsu-like exercises and clean and raisins he snacked on. The hiking the Appalachian Trail in Georgia that year. He made history 124 days later. and a new beginning.
monday, august 7 , 2023 . the washington post eZ re a11
The World
Mediterranean fires o≠er lessons, warnings for Europe
Wildfires are getting too severe, becoming too frequent and persistent, and raging over too vast an area to contain without robust prevention measures
BY S AMMY W ESTFALL
AND L OUISA L OVELUCK
Di gest
morocco An investigation has been scale military operation last give up their lives if needed as The materials serve to fan for the past three days, killing
opened to determine the cause of month. It said that the three men Beijing continues to ramp up its rising Chinese nationalism and one person who was swept away
At least 24 people the accident. had just exited the camp and rhetoric against the self-ruled display military confidence by a quickly swelling river on
die in bus crash — Associated Press were on their way to carry out an island. against Taiwan and, implicitly, Sunday, officials said. After the
attack and that an M-16 rifle was “Chasing Dreams,” an eight- its ties with the United States. person fell into the river,
At least 24 people died in a israel recovered from their vehicle. part docuseries recently aired by While the United States doesn’t firefighters, divers and water
bus crash Sunday in the province The Hamas and Islamic Jihad state broadcaster CCTV to mark recognize Taiwan as a sovereign rescuers immediately began
of Azilal in central Morocco, Israeli troops kill militant groups condemned the the People Liberation Army’s country, it has pledged to help rescue operations, according to
marking one of the country’s three Palestinians killings, though it was not 96th anniversary, features the island defend itself in case of the press department of the
deadliest such accidents in immediately known if the three military drills and testimonials an invasion. Carinthia province. But rescuers
recent years. Israeli troops on Sunday killed men belonged to either by dozens of soldiers, of whom Last month, the White House were only able to recover the
According to local authorities, three alleged Palestinian organization. several express their willingness announced a $345 million dead body. Austrian Chancellor
cited by Morocco’s official news militants in the northern West — Associated Press to die in a potential attack military aid package for Taiwan. Karl Nehammer expressed
agency MAP, the accident Bank, further escalating a wave against Taiwan. The move, which experts said condolences on X, the social
happened when a minibus of violence in which two other china China claims Taiwan as its drew on lessons from U.S. media platform formerly known
carrying passengers overturned people, including a young own territory, to be conquered by military assistance to Ukraine, as Twitter, saying that “our
at a curve while en route to a Palestinian man believed to have Documentary ramps force if necessary. Taiwan is a was criticized by Beijing. thoughts are with the relatives”
market in the small town of been gunned down by extremist up rhetoric on Taiwan self-ruled democracy. — Associated Press of the person killed. Since Friday,
Demnate in central Morocco. Jewish settlers, were killed in State media and the PLA the southern Austrian provinces
Authorities, along with the fighting over the weekend. China has released a new frequently release propaganda Days of torrential rain, flooding of Carinthia and Styria have
Royal Gendarmerie and the civil The Israeli army said it shot documentary about the army’s materials promoting the army’s ravage southern Austria: been heavily affected by rising
protection services, mobilized to the three men near the Jenin preparation to attack Taiwan and modernization as well as sleek Torrential rains and heavy floods rivers.
begin rescue operations. refugee camp, the site of a large- showcased soldiers pledging to videos of military drills. have ravaged southern Austria — From news services
A12 eZ Re the washington post . monday, august 7 , 2023
Giving Voice
Cristina García
Author, “Vanishing Maps”
@ P O ST L I V E # P O ST L I V E
Cecilia Rouse
Former Chair, White House Council of Economic Advisers
@ P O ST L I V E # P O ST L I V E
She has said her team is deploy- A worker washes away blood Sunday at the scene in Southeast Washington where three people were
ing officers to high-crime areas to shot and killed the evening before. The area remained cordoned off through Sunday morning. good job,” he said. But, he added, massacred.”
get ahead of emerging patterns of “We don’t know what she can do, Appiah, the deputy mayor, said
violence, even as the department early Saturday when police said the area was “not a war zone.” ple quickly returned to the area, if the killings don’t stop.” teams of police officers, drug out-
struggles with staffing at three men were shot on ontario mendelson said Sunday he still some walking past broken glass to “A lot of people can’t handle the reach workers and representa-
half-century lows. road NW in Adams morgan, two thought the chief would be con- enter a liquor store. others, like killing every day,” he said. tives from other agencies are at
“our officers are where they blocks from the bustling strip of firmed, saying she was “coming in 67-year-old Jerome morgan, Patrick o’Keefe, who has lived Good Hope and 16th every
need to be,” Smith said after five bars and restaurants along at a difficult time.” But he said he spent part of the day with a spatu- near 16th and Good Hope for the Wednesday to help people.
people were shot, three of them 18th Street. Two of the men died was eager to see police arrest la grilling hamburgers in his past five years, said he and his “When people commit crimes,
fatally, Saturday night in the 1600 and the third was critically more homicide suspects. backyard. neighbors have repeatedly com- and we arrest them, we want
block of Good Hope road SE, in wounded; their names have not “A more immediate strategy to morgan, who lives a few blocks plained to police and other agen- them out of [the] community,” she
Anacostia. “our expectation is been released. reducing violence is closing cases from where the shooting oc- cies about what they assert are said.
that the community will respond Later that morning, police said, and prosecuting them,” he said. curred, said police and rescue people openly dealing and using But she said some cases, such
to us accordingly so that we can Andre Baker, 19, of Southeast Police continued to examine crews reached the victims quickly, drugs, playing loud music, illegal- as those in which people are ac-
continue to keep your city safe.” Washington was fatally shot at the shooting scene on Good Hope but he wished more had been ly parking and congregating at all cused of possessing small
A police spokesman said Smith 12th and U streets NW, the heart through Sunday morning, cor- done to prevent the violence in hours. amounts of drugs, are difficult to
was not available for an interview of that area’s nightlife strip. Police doning off the length of three city the first place. He said he heard “They won’t even stop for a day, prosecute. She said police often
Sunday and declined to provide said they arrested and charged blocks of shops, apartments and the gunshots and saw victims put even with a dozen cops here, be- work at “building larger cases to
additional details on the recent David Botchway, 20, of maryland tree-lined homes. into ambulances and one person cause they know nothing will hap- give our prosecutors an opportu-
shootings. with first-degree murder. No ad- At least 30 white circles could being given CPr on the street. pen to them,” o’Keefe said. “We’re nity to be more successful.”
But Lindsey Appiah, the deputy ditional information was im- be seen marking apparent evi- “Where were the detectives be- not asking the police to come up Police have targeted large oper-
mayor for public safety and jus- mediately provided. dence in the case; a car had a fore that?” he said. “Where’s the with [a] miracle solution. They ations in Congress Heights in
tice, said in an interview that she Then, late in the evening, three bullet hole in its driver side door. undercover cops?” just need to enforce the laws as Southeast, where a child was
shares residents’ frustrations. She people were shot and killed at There were packages of Narcan, a Hakim Arnold, 48, said he has they are written.” killed, and more recently along
said Bowser has made “public 16th Street and Good Hope road nasal spray to reverse opioid over- seen police sitting in the area He said he is frustrated by city Kennedy Street in Brightwood
safety a top priority,” and she in Southeast. That brought to six doses, in the grass. Beneath a nearly every night, but gun vio- officials talking mainly about un- Park in Northwest. Appiah said
called the latest shootings “bra- the number of people fatally shot wooden awning were remnants of lence is hard to predict and pre- derlying causes of crime, such as police seized about 200 illegal
zen in nature,” noting police were on Saturday, the most in a single a violent night: a wound seal kit, a vent. poverty and substance abuse, firearms over the past two weeks.
close by for two of them and had day in the District this year. Police bottle of liquor and a pack of “There’s no telling when it’s without addressing the gun vio- on Sunday, police said they
already made an arrest in one. have not released the names of cigarettes. People sat on the steps going to happen,” he said. lence that is happening right now. were investigating shootings in
“There needs to be accountabil- those victims. of a church nearby, appearing to James Black, 42, said people “That’s all they want to talk about, Northwest and Southeast with
ity for those who are actually the Smith visited the scene of the inject themselves. aren’t sure what changes the new is their long-term plans and cre- victims suffering life-threatening
ones committing crime,” she said. day’s final shooting, calling it Police removed the security police chief will bring, but he is ative solutions,” o’Keefe said. injuries.
This weekend’s violence began “very disturbing” but asserting tape after lunch Sunday, and peo- optimistic. “I think she can do a “meanwhile, people are getting “It is challenging,” Appiah said.
Joe Dominguez
President & CEO, Constellation
Monday, Aug. 7 at 1:00 p.m.
As goals are set for net-zero carbon emissions by 2050,
Dominguez addresses the challenges for the energy
sector to develop sources of green energy
that create little or no emissions.
@ P O ST L I V E # P O ST L I V E
Listen wherever podcasts are available.
monday, august 7 , 2023 . the washington post eZ re a15
capital business
Disinfo researchers are
tECh fRiEnd
tRansaCtions
trading as reported by companies’ directors, presidents, chief financial officers, general counsel, chief executive
officers, chairmen and other officers, or by beneficial owners of more than 10 percent of a company’s stock.
Company Insider Title Date Action Shares Price Now holds
AGNC Morris A. Davis Board member July 27 Bought 4,772 10.48 55,060
Capital One Kevin S. Borgmann Senior adviser July 25 Sold 9,790 116.67 to 117.29 66,034
Richard D. Fairbank Chief executive officer July 24 to July 31 Sold 23,346 115.06 to 117.34 3,848,406 The DC Jazz Festival®, a 501(c)(3) non-profit service organization, and its programs are made possible, in part, with major grants from the Government of
Kara West Chief audit officer July 26 Sold 2,362 115.06 10,450 the District of Columbia, Muriel Bowser, Mayor; DC Commission on the Arts and Humanities; National Capital Arts and Cultural Affairs program of the
Danaher Linda Filler Board member July 28 Sold 10,190 260.25 to 260.26 38,152 U.S. Commission of Fine Arts; DC Office of Cable Television, Film, Music & Entertainment, the Office of the Deputy Mayor for Planning and Economic
Teri L. List-Stoll Board member July 26 Sold 3,490 263.30 17,494 Development; and with awards from National Endowment for the Arts, Doris Duke Charitable Foundation, Gillon Family Charitable Fund, Galena-Yorktown
Daniel A. Raskas Senior vice president July 28 Sold 11,213 260.65 38,288 Foundation, The Morris and Gwendolyn Cafritz Foundation, Leonard and Elaine Silverstein Family Foundation, Henry J. Kaiser Family Foundation, Dallas
Joakim Weidemanis Executive vice president July 26 Sold 22,439 263.42 88,689 Morse Coors Foundation for the Performing Arts, Max and Victoria Dreyfus Foundation, Mid Atlantic Arts, The Venable Foundation, Arts Forward Fund of
NVR Eugene Bredow Chief executive officer July 31 to Aug. 1 Sold 582 6,320 to 6,326.75 2,011 the Greater Washington Community Foundation, Les Paul Foundation, Ella Fitzgerald Charitable Foundation, and HumanitiesDC. ©2023 DC Jazz Festival.
6,350.75 to All rights reserved. ©2023 DC Jazz Festival®. All rights reserved.
Paul C. Saville Chairman July 27, July 28 Sold 2,850 114,662 23-0109 5.96x10.5.
6,352.54
Thomson Financial
a16 eZ Re the washington post . monday, august 7 , 2023
ABCDE
Ellis ROsEN
AN INDEPENDENT NEWSPAPER
EdiTORials
aFP/getty Images
Hun Manet is set to succeed his father as prime minister of Cambodia. l ETTER s TO ThE Ed iTO R
Why D.C. crime is so bad ket. That a tariff is imposed actually says
nothing about the final price paid by a
T
D.C. police’s ability to suppress crime. in the Reagan administration.
HERE WERE no surprises in the sham election Hun Manet, were educated at American and European The council seems to be on a multiyear
Cambodia staged in July. Long-serving Prime universities. effort to impose major, legislative con- Fareed Zakaria asserted that the Biden
Minister Hun Sen had made clear he would brook That suggests Hun Manet, with his new team, might straints upon the police department. administration has been “needlessly con-
no opposition to his Cambodian People’s Party bring a more worldly, less anti-Western outlook than his Look no further than the police de- frontational” with China and addressed
continuing its decades-long hold on power. 70-year-old father, who is given to anti-American and partment pursuit policy effective July 20. Treasury Secretary Janet L. Yellen’s visit,
Long before the vote, all critical media was silenced, and anti-Western tirades and has moved his small country Under the policy, police are prohibited which was, in my mind, exemplary diplo-
the largest opposition party to Hun Sen, the Candlelight decisively — and dangerously — into China’s orbit. China from engaging in most pursuits unless macy.
Party, was barred from participating on specious legal has been reported to be building a secret naval base in one of the vehicle’s occupants is suspect- Whatever our differences, and both
grounds. Cambodians hungry for change had little choice Cambodia on the Gulf of Thailand. ed of committing a violent crime. The sides have concluded there are many, we
other than to spoil their ballots, and nearly a half-million On the other hand, while Hun Manet seems to be same pursuit policy mentions that dur- should incorporate the Chinese principle
people did so, defying Hun Sen’s threats of prosecution. inheriting his father’s position, it remains to be seen how ing a criminal or other trial of the of “li” into Sino-U.S. dialogues. “Li” has
Most foreign election observers rightly stayed away, rather much power he will actually have. Hun Sen has signaled pursuing officer (if an injury should many meanings, some complex and meta-
than legitimizing what was essentially a charade. that he will retain his influence over Cambodia’s govern- occur because of a pursuit), the reason- physical, but one meaning includes deco-
But Hun Sen nonetheless deemed the farce a landslide ment and politics by remaining as head of the ruling party ableness of an officer’s actions to engage rum, respect, propriety — in short, the
victory and announced that he will step down as prime as well as president of the senate. Hun Sen has also in a pursuit will be derived from “wheth- good manners that Ms. Yellen demon-
minister after nearly 40 years and turn over the position to suggested he might return as prime minister and has er the member made all reasonable strated. She even offered the Chinese the
his son, Hun Manet, a West Point-trained general and hinted that factions within the ruling elite might not be efforts to prevent harm, including aban- much-deserved compliment of having
army chief who was just elected to a parliamentary seat totally on board with this dynastic succession plan. doning efforts to apprehend the suspect.” “lifted hundreds of millions out of pover-
from the capital, Phnom Penh. The transition could come In response to Cambodia’s unfree, unfair election, the Officers cannot pursue vehicles for ty.” She also could have mentioned the
as early as this month, although the mercurial Hun Sen Biden administration announced a pause in foreign traffic infractions (including the car be- impressive job China has done to reduce
has been known to make public announcements and then assistance programs as well as visa restrictions on un- ing stolen, bad tags or no insurance) or air pollution since 2014, but that’s okay.
change his mind. named individuals “who undermined democracy” in for property crimes. It’s no coincidence She was polite and affirming while man-
Dynastic succession is, of course, thoroughly undemo- Cambodia. That seems prudent, though we have argued on that behind many of the violent crimes in aging to be direct and honest about terri-
cratic. But even so, the elevation of Hun Manet might seem this page for a more targeted move, allowing U.S. assis- D.C. is a stolen motor vehicle or one with bly serious conflicts.
like a reason for Cambodians to hope for a more open, less tance to continue if it can bypass the government and go homemade or expired license plates. To be sure, I understand that there are
repressive future. He sometimes echoes his father’s rheto- directly to nongovernmental civil society groups and help Additionally, to suggest that photo fears and concerns about China’s increas-
ric, even his mannerisms. But at age 45, Hun Manet bolster independent media. enforcement will help with the traffic ing hegemony, military might and autoc-
represents a younger, more educated generation that has But there should also be a carrot to go along with the issue is laughable. These photo tickets racy. Of course, the United States must
known mostly peace in the previously war-torn country. stick. With Hun Sen stepping back, there is a chance for a affect only those vehicle owners who continue to speak up for democracy and
After graduating from the U.S. Military Academy, Hun reset in relations. Hun Manet needs to know that if he is keep their cars lawfully registered (and human rights, but in supporting those
Manet received a master’s degree from New York ready to mend ties with the West, reduce Cambodia’s who pay). ideals, in all humility, we should reflect on
University and a doctorate in economics from the Univer- overreliance on China, address human rights concerns Finally, to blame the roads is ludi- aspects of our own history — manifest
sity of Bristol in Britain. He is expected to usher in a and allow opposition parties and independent media the crous. The roads haven’t changed in the destiny and the Monroe Doctrine — our
new generation of more technocratic cabinet members, space to operate freely, then the United States stands ready past decade. What has changed is soci- own style of hegemony.
many the children of aging party stalwarts but who, like to assist. ety’s views on holding people account- Though we might disagree, we would
able for their actions and our inability to benefit from understanding China’s his-
take into account the larger risk to tory, point of view and possible goals. I
society of letting criminals freely flee. suspect there are scholars in the State
The kleptocracy strikes back Jeremy Siegel, Colmar Manor Department doing just that. It is time to
listen to them and to Mr. Zakaria.
Lynn Kearney, Arlington
An Azerbaijani economist called out corruption. Now, he’s being wrongly detained. A First Amendment lesson
Israel’s past — and future
A
Regarding Ruth Marcus’s Aug. 3 op-ed,
S AN economist, Gubad Ibadoghlu has often “The Trump indictment tramples on no
turned a critical eye on his native Azerbaijan and one’s First Amendment rights”: In his Aug. 1 Tuesday Opinion column,
its oil riches. He has asked, correctly, why the oil Former president Donald Trump’s de- “I don’t recognize the intolerant, illiberal
wealth has not led to a more prosperous or fenders will claim his Jan. 6, 2021, re- country Israel is becoming,” Max Boot
democratic country, and called out corruption and marks fell within free-speech boundaries decried Israel’s current government and
kleptocracy under President Ilham Aliyev. Now Mr. Aliyev that are protected by the First Amend- its domination by religious and national-
is striking back. ment. His initial remarks regarding elec- ist voices. Fine. But to allow a moment in
On July 23, Mr. Ibadoghlu and his wife, Irada Bayramli, tion fraud and interference in various time to shape his larger outlook toward
were stopped in their car outside of Baku by a group of states were within the parameters estab- Israel, a country he says he once loved
20 people in civilian clothes who beat them and took them lished by the Supreme Court’s 1969 deci- unreservedly, is unfortunate.
in to police custody. Ms. Bayramli was released later that sion in Brandenburg v. Ohio. Like any freewheeling democracy,
day, but Mr. Ibadoghlu was remanded by a court to three However, Mr. Trump ended his re- Israel has had its electoral zigs and zags.
months and 26 days of pretrial detention on spurious marks with: “And if you don’t fight like Today’s coalition government is far from
charges of corruption. hell, you’re not going to have a country the end of the political story.
Mr. Ibadoghlu, who has taught over the years in the anymore. . . . So we’re going to, we’re Israel’s larger purpose remains to allow
United States and Europe, was until recently a senior aFP/getty Images
going to walk down Pennsylvania Av- Jews to live as a majority population in one
visiting scholar at the London School of Economics. He Azerbaijani President Ilham Aliyev in 2013. enue. . . . And we’re going to the Capitol.” country on Earth, continue the millennia-
has led the Economic Research Center in Azerbaijan, a Mr. Trump’s concluding remarks prob- long connection between the ancient land
nongovernmental organization that focuses on economic the Azerbaijani Laundromat, exposed by a consortium of ably crossed the “Brandenburg line” as and the Jewish people, and control their
development and good governance. In 2014, Mr. Aliyev’s journalists working under the Organized Crime and free-speech protections don’t apply to own destiny, including immigration.
regime ordered a freeze on the group’s bank accounts in a Corruption Reporting Project. The British government speech that is likely to incite imminent The last point should be particularly
wider crackdown on civil society. Mr. Ibadoghlu, who was has recovered some of the illicit funds. Mr. Ibadoghlu lawless action. relevant to Mr. Boot. Families like his were
a 2015 Reagan-Fascell fellow at the National Endowment clearly perturbed Mr. Aliyev with his plan to tap the spoils Paul L. Newman, Merion Station, Pa. able to leave the Soviet Union in the 1970s
for Democracy, is also chairman of the Democracy and of the kleptocracy for his youth training project. because they declared their intention to
Prosperity Movement, founded in 2014, which the Azer- Mr. Aliyev also seeks to crush political opposition at live in Israel. Without that declaration,
baijani government has refused to grant official status as a home. In January, he signed a law that sharply restricts Engaging with China their exit might well have been blocked.
political party. the ability of opposition political parties to function. As a The same Israel that helped them leave,
After his arrest, the authorities charged Mr. Ibadoghlu result, Azerbaijan’s three most prominent opposition In his July 31 op-ed, “It takes two to even though Mr. Boot’s family ended up
with counterfeiting, saying they found $40,000 in cash in parties were recently denied registration — and face the tango. Will China dance?,” Fareed Zakaria heading for the United States after arrival
the offices of his organization, and association with the possibility of being disbanded. Mr. Ibadoghlu had at- asserted that U.S. consumers of steel are in the West, is the same Israel that today is
exiled Turkish cleric Fethullah Gülen, whom Turkey tempted six times without success to get his group paying a high price because of U.S. tariffs providing a sanctuary to Jews fleeing
blames for an attempted coup in 2016. The Azerbaijani registered, most recently in July. on steel imported from China. Mr. Zakaria tyranny in the Russian Federation, war
Ministry of Internal Affairs confirmed that Mr. Ibadoghlu Mr. Ibadoghlu is diabetic and has hypertension. His seemed to assume that the steel producers against Ukraine and rising antisemitism
was detained based on information from Turkey, a close family says he has been denied access to medicine, and are not themselves swallowing the tariffs in Europe and elsewhere — while continu-
ally of Azerbaijan. The charges are absurd. they fear for his health. to remain competitive in the U.S. market. ing to be the most progressive nation in
The true reason for his detention is more likely related Meanwhile, the United States has been pressing Moreover, the production of Chinese the Middle East and a staunch U.S. ally.
to events in June, when he helped found the Azerbaijani Mr. Aliyev to ease the blockade that Azerbaijan has steel entails enormous greenhouse gas The rebirth of a Jewish state in 1948,
Youth Educational Foundation in Britain, aimed at imposed around Nagorno-Karabakh, an ethnic emissions, while steel production in the after 1,878 years of forced exile, was an
preparing a new generation of Azerbaijani professionals. Armenian enclave, leading to a humanitarian crisis United States is mostly done in electric extraordinary event in world history.
Mr. Ibadoghlu said it would be funded by donations, but there. Azerbaijan is seeking to regain full control of furnaces whose emissions are a small Seventy-five years later, it remains
also seeks to get funds that corrupt Azerbaijani politicians Nagorno-Karabakh, which ethnic Armenian forces have fraction of those of Chinese blast furnac- extraordinary.
siphoned from the state and stashed in Britain. From 2012 controlled for three decades. Armenia and Azerbaijan es. If the costs of greenhouse gases are David Harris, New York
to 2014, members of the ruling elite used a secret slush have engaged in peace talks. Any contacts with Azerbai- added to the other costs of steel produc- The writer was chief executive
fund to pay off European politicians, buy luxury goods, jan about the crisis should also include a plea for the tion, China is the world’s highest-cost of the American Jewish Committee
launder money and otherwise benefit in what was called immediate release of Mr. Ibadoghlu. producer and not competitive in the mar- from 1990 to 2022.
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monday, august 7 , 2023 . the washington post ez re a17
“M
previously unknown detail. Whether it 57 percent of Pennsylvania voters ap-
makes a strong legal case that will or ake hay while the sun days that went like this: Mow in the and drought are wreaking havoc on proved of Shapiro’s job performance
should result in criminal convictions is, shines,” people some- morning, then unload wagons piled Sun Belt farms, while flooding has while only 23 percent disapproved. Strik-
reasonably, the main debate it has times say to my hus- with bales from fields mowed two destroyed crops throughout the ingly, 53 percent of independents and
sparked. What it should make clear is band, Adam, when he days before, then, in the afternoon, Northeast. even 34 percent of Republicans gave
that our existing methods of dealing with tells them he’s a hay farmer. All they rake and finally bale the field he “I’m always amazed at how farm- their Democratic governor positive
presidential misconduct are inadequate. know about hay, I imagine, is that mowed yesterday. ers are able to adapt,” Aaron Gabriel, marks.
What was most wrong and dangerous proverbial instruction to make the In a good year — what we used to an agronomy educator at Cornell For Shapiro, the I-95 moment is part
in Trump’s course of conduct was not most of the moment. See also: “Strike call a normal year — he would have Cooperative Extension, told me ge- of a larger task: to prove to voters that
that it may have run afoul of some federal while the iron is hot.” 8,000 or 9,000 bales in the barns by nially when I called to complain government can be effective and also
statutes. It is that he attempted to For most of us, these expressions now. This year, he’s got around 2,000. about the weather — er, ask him operate in the interest of those who feel
subvert the constitutional order — a are figurative. For hay farmers and That’s because Adam can’t mow if about the New York farmers he left out, left behind and disrespected.
point that he helpfully underscored in blacksmiths, they simply describe the it’s raining, or if rain is forecast that serves. He agreed that the climate “You’ve got to show up everywhere,
December by suggesting that we should conditions of work. If you don’t strike day or the next. He can’t mow if the crisis has caused some fundamental and you’ve got to speak to everyone, and
terminate the Constitution to reinstate while the iron is hot, it won’t bend. If fields are so wet that his tractor changes, but, he said, “I try to give a you've got to speak in plain language and
him. you don’t use the long, sunny days of would sink in the mud. And this year, little bit of hope by having old-time in practical terms,” he told me in an
The Constitution has a remedy for this summer to cut, dry, rake and bale we’ve had record-breaking rainfall. farmers think about how many interview last week in the final days of
kind of high crime: impeachment. It’s a your hay, you’ll lose your crop. Last year, there was a drought. The things they’ve had to change over the settling a tough state budget fight. He
remedy that Congress can apply even if Adam has always been determined hay was easy to get in, but there decades.” noted that in his 2022 campaign, “I went
some of the elements of a statutory crime to make the most of our short grow- wasn’t much of it (most local farmers Adam has stopped planting alfalfa, to counties the Democrats had written
cannot be proved beyond a reasonable ing season in Upstate New York. He had a terrible year). The year before his most lucrative crop, because it off a long time ago and spoke about
doubt in court. resists planning summer trips, ar- that was extremely wet; it was the doesn’t grow well in wetter fields. He workforce development and spoke about
In our current debate, a common rives at daytime parties after dusk, first summer ever that Adam couldn’t has changed the order and reduced how we're going to bring back the
defense of Trump is that he, supposedly, commits to nothing further out on get all the fields cut. the number of fields he hays. He’s economy and talked about it in very
sincerely believed his claims even after the calendar than the meteorologist But, along with the rest of the willing to work in extreme heat and tangible, practical ways.”
advisers explained their ridiculousness. can (sort of ) foresee. country, we’re starting to realize that yellow haze, when the weatherman It worked. In a state Biden carried in
That question could become central to But as we come to the end of the anomalous years are now, paradoxi- (and his own wife) say he shouldn’t. 2020 by a little more than 80,000 votes,
the criminal case. wettest July on record, “make hay cally, the norm. There’s no longer any But the effects and hence the Shapiro swept past Republican Doug
But it is mostly irrelevant to impeach- while the sun shines” has been shift- standard from which each summer agricultural impact of climate change Mastriano in 2022 by more than 790,000.
ment, which allows Congress to judge ing from self-evident axiom to rueful might or might not deviate. All we are just going to get worse. In his Granted, Mastriano was a Trumpian
that, no matter what Trump believed, irony. Yes, you have to make hay while can rely on is increasingly extreme other job, as a councilman for the extremist who turned off even Republi-
someone who persisted in trying to undo you can. But also you need sunshine weather wrought by climate change. town of New Scotland, N.Y., Adam has cans in key swing suburban counties. But
an election he had clearly lost should be to make hay. Here’s how it works. Climate helped update the law to allow for like his predecessor Tom Wolf did in the
barred from office. Either he knew better Here’s how it works. It takes at change means higher air tempera- more solar projects and led an effort more Democratic year of 2018, the now-
and consciously sought to thwart voters least two sunny days to complete the tures, and higher air temperatures to bring 13 towns into a collective 50-year-old Shapiro slashed GOP mar-
— or he had such a lack of connection cycle: mow, dry, rake, bale. Much of produce more heat waves, more evap- with the power to choose greener gins in the Trump heartland.
with provable reality, such an indiffer- that time is waiting for the sun to do oration (causing more droughts and energy. His own efforts to stem the In the west and west-central parts of
ence to finding out the truth, that he its work. (The hay must dry com- wildfires), more saturated air (caus- climate crisis as a public servant and the state, for example — counties such as
should be locked out of the White House. pletely, because moisture can breed ing more extreme rainfall) and hotter as a citizen might help future farm- Westmoreland, Beaver, Washington and
Likewise, whether Trump’s spreading heat-producing bacteria deep inside ocean temperatures (giving hurri- ers, if we’re lucky — but not him. Cambria — Shapiro ran ahead of Biden
of lies and encouragement of his sup- a bale — which might then sponta- canes more energy). He’s had a good run, doing the job by 10 or more points. In gaining a Senate
porters to pressure Congress and the vice neously combust and burn down a More heat, more drought, more for as long as the conditions allowed. seat for the Democrats in 2022, John
president amounted to an incitement to barn.) In theory, if Adam mowed a rain, more flooding, more unbreath- I guess you could say that he — struck Fetterman also outperformed Biden, but
riot under the Supreme Court’s prec- field on a Tuesday morning, he could able air. (Yes, we’ve had that, too.) while the iron was hot. his margin of just under 264,000 votes
edents, and could therefore be pros- expect to bale it late Wednesday Extreme drought took a heavy toll After four decades, though, Adam was smaller than Shapiro’s.
ecuted under our criminal laws, was afternoon. on U.S. farms last year: Corn, wheat is wondering what farmers across the As governor, Shapiro said he’s deter-
beside the point for impeachment. In a good year — what we used to and rice yields suffered; Texas cotton country must be wondering, whether mined to signal to economically strug-
(Smith has not charged him with that call a normal year — Adam would farmers abandoned two-thirds of they’re considering different crops or gling voters that they’re being “seen and
crime.) It was enough to conclude that have extended stretches of sunny their crop. This year, extreme heat different careers: Now what? heard.” One of his first acts was to sign an
Trump was reckless and morally respon- executive order doing away with the
sible for that riot, as then-House Minori- college degree requirement for 92 per-
ty Leader Kevin McCarthy (R-Calif.) said cent of state government jobs.
at the time, and that he should therefore His emphasis on opportunities for
not be eligible for the presidency again.
Yet in 2021, most Senate Republicans
voted against convicting Trump in his
How the Tree of Life sentence those without college degrees might be
seen as a bow to the White working class,
which he, like Biden, is certainly inter-
impeachment trial, enough to keep him
from being disqualified from running for
reelection. Some of them argued that
is rooted in ancient questions of justice ested in winning back to the Democratic
coalition. But the actual (as opposed to
the pundit’s) working class is heavily
impeachment required a proven crimi- Black and Latino. So Shapiro’s focus on
nal violation — contrary to what Alexan- BY D ANIELLA G REENBAUM murder of an entire world. antisemitism became unseemly. Country expanding funding for apprenticeships,
C
der Hamilton and James Madison Other Jews support capital punish- clubs and elite universities might have vocational education and job training for
thought about the question. Many em- lose to 2,000 years ago, two Jews ment, tracing their argument back to shut their doors to Jews, but that was those who aren’t college-bound is aimed
braced former judge J. Michael Luttig’s debated the death penalty. One Gamliel and the belief that the death antisemitism light: In this country at at a broad swath of Pennsylvanians.
(deeply flawed) argument that former argued for, the other against. penalty serves as a deterrent, ultimately least, we were doing better and feeling Representative of what Shapiro is
presidents cannot be impeached. We’re still deciding who won. saving lives. There is no definitive Jewish more secure than ever before. But it was a trying to do is an executive order he
Republican officeholders also thought Amid this ongoing debate, a federal jury conclusion. false sense of security. The Tree of Life signed last week directing some
they had no need to act against Trump recommended on Wednesday that Rob- In Israel, the only place where Jews slaughter revealed a pernicious, deadly $400 million from Biden’s infrastructure
because, having been defeated on Elec- ert G. Bowers be executed for his murder have actually had the pressure and op- threat. Antisemitism has soared in the investments to “on-the-job training” to
tion Day and then disgraced on Jan. 6, he of 11 worshipers at Pittsburgh’s Tree of portunity to take this debate from the United States since then. install broadband internet and fix roads,
would “fade away” as a political force. Life synagogue in 2018. theoretical to the practical, the justice Since the days of the Mishnah, Jews bridges and pipes. “We’re the first state
How’s that working out? Almost five years after the attack, this system has executed only one person: have been debating and disagreeing in the nation to do that,” he noted.
Mitch McConnell, the leader of the verdict might feel final, yet it is anything Adolf Eichmann, a chief architect and about things as granular as the inner “I think that we've gotten too elitist in
Senate Republicans, noted in 2021 that but: In all likelihood, what comes next is perpetrator of the Nazis’ “final solution.” workings of sand worms and as monu- our attitudes that the only way you can
not convicting Trump would still leave a years-long appeals process during He was hanged in 1962. The death mental as the morality of capital punish- succeed is if you go to college,” Shapiro
him open to criminal prosecution. More which the country — and the Jewish penalty had been outlawed in Israel in ment. There’s a reason children in Jewish said. “I just fundamentally think that is
than two years later, what he envisioned community — will continue to engage in 1954, with exceptions for grave offenses schools are taught about the Talmud’s the wrong approach, and that's some-
might be coming true, provided courts a polarizing debate about the morality of related to genocide, war crimes and back-and-forth before they are taught thing I'm trying to change.”
can be convinced beyond a reasonable capital punishment. treason. any of its practical conclusions: We are a What’s interesting about Shapiro is
doubt that Trump’s attempt to overturn The Jewish discourse surrounding Since Eichmann’s execution, courts people who believe that the law must be that he made “real freedom” a signature
an election happened to violate portions capital punishment — whether it should have occasionally issued death sen- in the hands of its practitioners, that the theme around not only LGBTQ+ and
of the U.S. legal code. happen at all and, if so, how it should be tences, but they have invariably been Torah is “not in heaven” but here on abortion rights but also the aspiration to
Underlying all these reasons for ac- implemented — is best summarized by a overturned on appeal or commuted. Earth. good jobs and incomes — “the freedom to
quittal was the fact that most Republican conversation recorded in the Mishnah, a Amid the current political turmoil in We are taught that the victor of a chart your own course” and enjoy “the
voters, having overwhelmingly backed compilation of ancient Jewish oral Israel, a right-wing campaign to make debate is always truth, never one of the opportunity to succeed,” he said. He’s
Trump’s reelection a few months earlier, traditions. the killing of Israeli citizens by terrorists participants, and that debate is divine. I connecting social rights of particular
did not favor conviction. The constitu- The Mishnah cites a 1st-century sage, a capital offense has stirred debate along don’t know why Bowers murdered 11 concern to his suburban constituents
tional requirement of a vote of two- Rabbi Elazar ben Azariah, who posits the lines raised in the Mishnah. people trying to commune with their god with the economic rights sought in
thirds of the Senate for a conviction that any court that executes a criminal In the United States, the Tree of Life in peace. And I don’t know what the blue-collar towns and lower-income big-
guarantees that a president cannot be even “once in 70 years” should be consid- shooting was a pivotal moment for Amer- Sanhedrin, the ancient Jewish high city neighborhoods.
removed from office or disqualified for ered murderous and destructive. But in ican Jews, including me. Growing up in court, would have decided about his fate. He’s certainly not alone in this. His
future office without a broad social the same paragraph, the Mishnah cites Manhattan, surrounded by Jews, I be- Some questions don’t have good an- party now has a regiment of governors —
consensus. The flip side of that virtue is another rabbi, Shimon ben Gamliel, who lieved the United States to be immune to swers. But we can’t be paralyzed by that Gretchen Whitmer in Michigan, Wes
that impeachment is a flimsy check on a argues that the absence of capital punish- the ravages of antisemitism that have ambiguity. The Talmud teaches that Jews Moore in Maryland, Gavin Newsom in
president’s abuse of power. Only once in ment would make murder more common plagued Jews elsewhere for millennia. must respect the laws of the land in California, Maura Healey in Massachu-
our history has a president left office and, therefore, if a court does not utilize Unlike my ancestors, I grew up securely which they live. The Biden administra- setts and Andy Beshear in Kentucky, to
because of the threat of conviction by the capital punishment to deter would-be and without discrimination. I attended tion has sought and won a death sen- name a few — pushing back against
Senate. murderers, it is the tribunal that should the same elementary school that my tence against the perpetrator of this right-wing culture warfare with an em-
The frailty of the impeachment power be considered murderous. mother attended before me and that my country’s worst antisemitic attack. As a phasis on inclusion and practical
means that holding presidents account- Today, those clashing perspectives still daughter is now attending. Jew and as an American, I simply say: achievement.
able for high crimes requires accidents of inform the death penalty debate for This is a rare experience for Jews Thank you. But for now, Shapiro’s I-95 feat has
statutory draftsmanship — or, failing many Jews. Some oppose capital punish- because of what it signifies: that we have made him a leading voice for the transi-
those, the vigilance of the ultimate ment, citing Azariah, as well as a differ- been welcomed and able to put down Daniella Greenbaum is a writer and founder tion to a less fractious politics. Building
guardians of the Constitution: the ent verse in the Mishnah teaching that roots. In the aftermath of World War II and chief creative officer of the social-impact an actual road fast is an apt symbol of the
voters. the taking of a single life is akin to the and the Holocaust, overt displays of production studio Starlight. journey the country needs to take.
A18 EZ rE the washington post . monday, august 7 , 2023
on Sunday, according to local slow speed of 28 mph when it Pakistan’s aging railway net- Nawaz Khan in Peshawar, Pakistan, Carriages lie twisted after the derailment Sunday in Sindh,
officials, raising new questions crashed near Nawabshah city in work has long lacked funding, contributed to this report. Pakistan, that the nation’s railway ministry said killed dozens.
KLMNO
At airports, Probe of
volume is
up on noise death in
complaints custody
Increase at Reagan, in limbo
Dulles coincides with
resurging air travel Md. prosecutors
privately clashing
L ORI A RATANI
BY
Unclear how or if review
Airplane noise complaints have of 2013 case will proceed
rebounded at Reagan National
and Dulles International airports
after a pandemic-era lull, a rise BY O VETTA W IGGINS
that mirrors a resurgence in air
travel. A push to reexamine the
Residents in the Washington police-involved death of Tyrone
region filed more than 205,000 West in 2013 has officials at odds
complaints about aircraft noise over who should do the work,
tied to National and Dulles flights underscoring the challenges
in 2022, according to an annual families seeking justice can face
aircraft noise report this summer even when they have convinced a
from the Metropolitan Washing- prosecutor that questions re-
ton Airports Authority. The num- main unanswered.
ber was slightly below 2019 levels Maryland’s top law enforce-
— the year before the coronavirus ment official and the Baltimore
pandemic grounded most air trav- Marvin Joseph/The WashingTon posT City prosecutor have for weeks
el — but 56,600 more than in 2021. been trading letters about the
education
Choosing a college can be messy, but you may stumble upon something great
As a journalist, I skills there I still use today. I also pointed out my many mistakes. no attempt to thrill us with the staffers, some of them younger 2003 book “Harvard
have long been met a working-class girl with a sly That first college I attended big issues we were going to than I was. for decades I believed Schmarvard.”
obsessed with how sense of humor who became the was occidental. It remains a fine explore. Instead he warned us that newspaper was the reason I Pick the college that seems best
to find the best most important person in my life. school on a sunny hillside not far that we would never succeed as chose Harvard, but I recently to you, but keep in mind you are
college. I was not She beat out all competitors, from where I live in Southern diplomats if we ever again discovered that was a false not going to understand fully
Jay good at this including me, for the managing California. I went there because I committed the cardinal sin that memory. what that school can do until you
Mathews myself. editor job at the newspaper. Then was obsessed with China. I all of us were guilty of — failing to While going through old files have been there for a while.
I realized my she married me the day we decided I would become the first respond formally to his invitation as we prepared to sell our house, I College rankings are popular, but
first week at the graduated. U.S. ambassador to the People’s to that gathering. found a copy of my transfer our deepest insights about our
first college I picked that it was Some people say picking a republic and establish a golden I also discovered — one of my application. It said nothing about chosen school come from
not for me. The school I college is just as important as era of amity between our two worst mistakes — that oxy then any interest in journalism. I was participating in what is
transferred to my sophomore picking a spouse. I think that’s countries. did not have Chinese-language just one more confused college happening on and off campus. It
year was bigger and more famous, wrong. It’s more like buying a oxy, as it was called then and classes. So I transferred to student who didn’t know what he is clear to me now that our
but the teaching and the house. It is a major investment, to now, had a much-publicized Harvard. I liked the big name. I wanted until he stumbled upon country is blessed with one of the
atmosphere weren’t as good as I be sure. But if you decide the diplomacy and world affairs was drawn to the image of the something on campus he found most exciting collections of
had hoped. rooms are too small or the department. I also loved the lively recently assassinated President irresistible. higher education institutions
We should appreciate that this neighborhood too sketchy, it’s political atmosphere at the John f. Kennedy. He had been a I also discovered over the years imaginable, an underappreciated
great adventure of choosing a relatively easy to find another school. We first-year students had government major, so I became that I would probably have plus to being an American.
college will often be messy and place. And whatever school you deeply serious debates, late into one, too. Sadly, the courses in that learned just as much about my When you get to the school you
incomplete. Those of us who settle on is going to have some the night, about who should win department were dull. Also trade if I had chosen a different picked, start looking around. You
decide which school to attend are pleasant surprises. the 1964 presidential election, troubling was the absence of any school with a similarly lively may miss the best stuff in the
usually teenagers, many of us not I grew up in Northern President Lyndon B. Johnson or debate over the presidential college paper. At The Washington beginning. Who knows what I
sure who we are or where our California. my family could afford Sen. Barry Goldwater. election. Goldwater fans were Post I have gotten to know several would have found if I had stuck
lives are going. a private college because my my problem was my negative numerous in Southern California colleagues better than I am at with oxy? But you will eventually
It was at my second college that father, who did not have a reaction to the head of the but not in massachusetts. what we do who attended big stumble on something wonderful
I discovered the most important bachelor’s degree, got a good diplomacy and world affairs The student newspaper saved state schools, such as the State that grabs you and won’t let you
learning for me was not in classes, federal job as a technical writer department, a former State me. I loved that trash-strewn University of New York at Buffalo. go.
but at a seedy little off-campus through his World War II Army Department officer. my first week place from the beginning. I There’s a detailed explanation of
building occupied by the student- service. my parents let me make of college, at a tea at his house for enjoyed having my first attempts why selectivity should not be key Jay mathews can be reached at
run daily newspaper. I acquired all the college decisions and never newly enrolled students, he made at news writing torn apart by to your college selection in my mathewsjay67@gmail.com.
Field trip with The Post’s Lillian Cunningham to five of America’s national parks
Journey with podcast host lillian Cunningham through the natural wonder, messy past, and uncertain future of
Yosemite national Park, Glacier national Park, Everglades national Park, White Sands national Park, and Gates of
the arctic national Park. Throughout the series, Cunningham unravels how the parks’ tangled histories complicate
Subscriber Exclusives their present-day challenges including climate change, debates over indigenous rights, and ecological preservation.
“Field Trip” is the fourth in Cunningham’s podcast collection.
Listen on your smartphone or other device at washingtonpost.com/podcasts/.
monday, august 7 , 2023 . the washington post eZ re B3
asked the salesman. sharing their celebrity stories the fact that she thought she about her experience going to Wynne Cougill, right, with a friend, circa 1970. The friend is not
Now, this place was literally with me, either their own looked familiar but the lady said Washington and encountering Jimi Hendrix, who Cougill unwittingly met a few years earlier.
brimming with hats: fedoras, interactions or those of family no, she didn’t think they’d ever this wonderful elderly woman in
homburgs, pork pies, Panamas, members. Usually, there’s been met,” Gene wrote. a yellow car who helped her out approached my desk one night,” left, Wynne’s boss came over and
stingy brims, newsboys, boaters. some meaningful interaction, an The next day, the newspaper when she was lost and got her to she wrote. “He politely began asked what it was like to meet
Hats were arranged on shelves interaction that both parties were had a story about how olivia de her destination.” hitting on me and asked me out Jimi Hendrix.
and stands and mannequin aware of. But not always. Havilland, of “Gone With the In 1968, Wynne Cougill was perhaps five times in as many Wrote Wynne: “Half a century
heads. Hats nested in teetering Georgia Webb was a native Wind” fame, was in Washington. working as the assistant to the minutes. Judging by his dress in on and I still regret that case of
columns. Everywhere you looked: Tennessean who spent most of “my grandmother died in 1976 assistant manager at the Conrad snowy february — a white suit, mistaken identity.”
hats. I didn’t see a single scarf. her adult life in Washington, her without knowing for certain that Hilton Hotel in Chicago. Her job? white fedora, white shoes and Have you ever had an
It was a hat shop. grandson Gene dodd said. one her rider had in fact been olivia “I sat in the middle of the lobby, white cashmere coat — I assumed unconsummated brush with fame
“No,” said the clerk. “We don’t day in the late 1960s/early 1970s, de Havilland,” Gene wrote. answering questions and taking he was a pimp, and just as politely — that is, a celebrity who you
have any scarves.” Georgia was driving up About a year later, Gene complaints from 3 to 11 p.m.,” declined, citing my work didn’t meet? or didn’t know that
I’d spent the last few minutes Wisconsin Avenue NW at about attended a lecture by de wrote Wynne, who lives in the schedule. He said he’d catch me you met? I’d love to hear about it.
fingering a blue and white straw Calvert Street when she saw a Havilland at the University of District. the next time he was in town.” Drop a line to
hat — Borsalino, size 73/8 — while well-dressed, middle-aged North Carolina. He wasn’t “A tall, lithe young man A few minutes after the man john.kelly@washpost.com.
opioids from B1 Several staff members have viders, public health profession- Police investigate
been researching how other als, and people who have experi- Woodbridge stabbing
$12 million from companies that states set up their grant programs enced opioid use disorder first-
prosecutors say profited from the and developing an application hand and through loved ones. A man was fatally stabbed in
manufacturing, distributing and process to aid the commission in The commission must hold pub- Woodbridge on Saturday night
marketing of opioids that fueled a spending dollars quickly. offi- lic meetings at least four times a following an altercation outside
crisis of addiction. only West cials are searching for an office year, according to the code. his home, according to Prince
Virginia has a higher rate of fatal director, who must have at least Patricia Quinn of the D.C. Pri- William County police.
opioid overdoses than D.C., which 10 years of professional experi- mary Care Association and mark officers responded to the
recorded 461 deaths in 2022, dou- ence and education in preven- LeVota of the District of Colum- incident at about 10 p.m. in the
ble the rate in 2018, according to tion, recovery, treatment and bia Behavioral Health Associa- 800 block of fulton road, where
data from the city medical exam- harm-reduction efforts for opioid tion, who will represent their Heriberto Valdez, a 24-year-old
iner’s office. The pace of overdose use disorder and co-occurring organizations on the commis- Woodbridge resident whom
deaths has held steady in 2023, substance use and mental health sion, noted the need for housing police identified as the suspect,
with 152 in the first four months disorders. for people in various stages of reportedly stabbed the 33-year-
of the year — a toll that city data mendelson, who has four ap- treatment and recovery. old victim after a confrontation
shows has disproportionately af- pointments to the commission, LeVota said that unlike the had escalated.
fected older Black men. said that nothing had prevented opioid dollars, state and federal Police said the suspect
City leaders estimate that D.C. him from making his recommen- funding sources can’t pay for stabbed the victim and later
stands to bring in at least $80 mil- salWan georges/The WashingTon PosT dations and that he planned to bricks-and-mortar infrastructure chased him to the backyard,
lion by 2040 as roughly $54 bil- No money from the city’s share of the multistate opioid settlement act soon. for people coping with substance where he collapsed. Valdez
lion in settlements over the last can be spent until d.C. leaders appoint a board to oversee it. “I certainly don’t want to be in abuse and mental health disor- remained at the home and was
decade begins filtering out. more the way of the commission,” he ders, often simultaneously. detained by police without
than 3,000 state and local govern- with the urgency this crisis de- the Health Alliance Network, had said in an interview. “It’s not often that resources incident, police said.
ments have sought compensation mands.” one word for progress on the Each state uses a different come to meet such a pressing The victim was pronounced
to mitigate harm caused by opi- The commission will make rec- seating of the commission: “slow.” process to decide how to spend need in the city,” Quinn said. “All dead at the scene, and police
oids or to prevent future sub- ommendations to mayor muriel “I’m a little concerned that it’s settlement dollars. Virginia and of us have an urgency about that, have not released his identity,
stance abuse in a crisis exacerbat- E. Bowser (D) and the D.C. Coun- kind of moving [more] slowly maryland have divvied up funds knowing what the needs are, and pending notification of next of
ed by fentanyl and other synthet- cil for how to address long-stand- than it should and especially as to cities and counties and set up we are ready to go. As the com- kin. Police said the suspect and
ic opioids. ing gaps in access to care and this crisis continues to grow,” state-level authorities and boards mission sets a date, we are in.” victim were acquaintances.
The District expects to receive services to reduce opioid use dis- Lane said. “If the trends continue to distribute additional grants. In The Bowser administration’s Valdez has since been charged
funds from opioid manufacturer order as well as substance use and the way they are, 2023 will also be Virginia, which expects to receive strategy is rooted in a plan called with murder and use of a
Johnson & Johnson, the three mental health disorders, includ- a record year, and if it’s another $1.1 billion over the life of the Live.Long.DC. that launched in weapon in commission of a
major pharmaceutical distribu- ing developing facilities, with the record year then what is that settlements, one such grant will late 2018 with a goal to reduce felony.
tors and the consulting firm mc- goal of saving lives. saying about the current efforts?” fund the creation of a treatment opioid use and overdoses by 50 — Heidi Pérez-Moreno
Kinsey & Co., said Gabriel A spokesman for Bowser, who Department of Behavioral center that will provide post- percent by 2020. Numbers have
Shoglow-rubenstein, spokesman must name five members to the Health officials said they have detox and recovery services for risen dramatically since then,
for D.C. Attorney General Brian L. commission, referred questions worked steadily to lay the women. prompting members of the D.C.
Schwalb, who will sit on the about the timetable to the De- groundwork for the commission Anthony E. “Tony” mcDowell, Council and advocates to clamor
District’s commission. (money partment of Behavioral Health, to begin spending dollars as soon executive director of Virginia’s for more action, even as they have
the District might receive from the lead agency in the District’s as possible, given bureaucratic opioid Abatement Authority, applauded the administration’s
Purdue Pharma is not included in opioid response. hurdles. Council Chairman Phil said the agency sought to balance embrace of harm reduction with
the $80 million estimate because Phyllis Jones, chief of staff to mendelson (D) introduced the urgency and deliberation in the widespread distribution of
that settlement is the subject of agency director Barbara J. Baz- bill last summer, Bowser signed it awarding $23 million in grants the overdose antidote naloxone
ongoing litigation.) ron, said the agency is taking in mid-January and, because D.C. last month. and fentanyl test strips, including
“We are losing hundreds of applications for membership on bills must pass congressional “We’re trying not to let any in free vending machines.
residents each year to opioid
overdoses,” Schwalb wrote in re-
the commission and searching
for a director to run the office of
muster before becoming law, this
one didn’t take effect until march.
moss grow,” he said. “You can get
the money out first or you can be
“There seems to be a lot of gaps
in terms of our plan and strategy,”
Retropolis
sponse to questions about the opioid Abatement, which will The following month, Jones said, super careful; it’s hard to do both, Henderson said in an interview The past, rediscovered
funds. “We need to move as quick- administer the funds. the Health Department and the but that’s exactly what we’re try- last week. “Narcan and fentanyl wpost.com/retropolis
ly as possible to effectively put the “We think we’ve been moving Department of Behavioral Health ing to do.” strips cannot be the totality of our
opioid settlement funds to use in very quickly on this,” Jones said in arranged funding to begin setting In D.C., the 21-member com- plan, and right now I don’t feel we
combating this crisis and all of us an interview Tuesday. up the office of opioid Abate- mission will include high-profile have articulated what else we
involved in the process must act Ambrose Lane Jr., founder of ment. government officials, service pro- need to be doing.” S0364 1x2.25
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B4 eZ re the washington post . monday, august 7 , 2023
when West was told to get out of ed. And if they get it to the state mining whether you have an Gregg L. Bernstein, the Balti- Maryland Attorney General Anthony G. Brown, seen in April, has
the car, they saw a bulge in his prosecutor or whoever, this actual conflict of interest that more state’s attorney at the time not embraced a request to initiate a probe of Tyrone West’s death.
sock that they suspected was needs to be investigated — like 10 might prevent your entire office of West’s death, did not charge
drugs, and a chase and alterca- years ago,” Jones said. from investigating the case. the officers. marilyn mosby did deeming the cause of death for bility ultimately rests with Bates.
tion ensued. Jones said police While Brown’s office received “If you’d like, we can also assist not reopen the case when she George floyd undetermined in “The public needs to under-
created a false narrative to paint fresh powers to intervene in in creating or vetting a deconflic- was state’s attorney. court testimony for Derek Chau- stand that, when they are serious
her brother as someone officers officer-involved deaths amid tion policy to address the poten- At the time, an autopsy by the vin, linking it to heart disease about it, local prosecutors always
feared. In his letter to Brown, sweeping laws aimed at improv- tial conflict that you believe maryland medical Examiner’s and drug use rather than to his have the authority to pursue
Bates cited depositions provided ing police accountability, the leg- might prevent you from investi- office concluded West’s cause of oxygen being cut off from the justice for survivors of police
by Jones that indicated that there islation is intended to be pro- gating the death of mr. West, and death was cardiac arrhythmia pressure of Chauvin’s knee. violence — and for those who did
were no drugs found at the scene spective, said state Sen. William any future potential conflicts from cardiac conduction system Advocates who have pushed not survive,” Sonia Kumar, senior
or on materials tested. C. Smith Jr. (D-montgomery), that routinely may arise in an abnormality complicated by de- for changes in state laws to staff attorney with the American
After failing to gain traction, chairman of the Senate Judicial office of your size,” he said. hydration during police re- ensure transparency and police Civil Liberties Union of mary-
Bates late last month sent an- Proceedings Committee. In an interview last week, straint. fowler drew scrutiny for accountability say the responsi- land, said in an email.
Sentencing next for infamous Md. case Prosecutors stressed his text
messages, written before the trip,
were proof of his purpose.
They noted that additional
TriAl from B1 after leaving their home days and bringing the relative inside, they shell casings could have gotten
months at a time, Savage was gone sat inside Shabazz’s parked Esca- lost in grass near Shabazz’s body,
texted, “a husband’s last stand.” for good. He went in and out of lade discussing what they might or accidentally kicked away by
Savage did so, according to treatment and mental health pro- do next. Tucker spotted a small first-responding medics and pa-
prosecutors, by opening fire on grams and bouts of living in his blue car — noticeable because trol officers. And they stressed
Shabazz and Tucker after they’d car. In Baltimore in 2020, Savage none of her neighbors drove it — that two of the discovered shell
scrambled out of Shabazz’s SUV told jurors, he was beaten blind in pull up from her left. A man got casings were on the passenger
on the afternoon of Sept. 3, 2021. one eye. By the spring of 2021, he’d out and walked toward them. side of the SUV, near where Savage
He shot Shabazz three times, in- moved to Tampa, settled into an “oh s---,” she told Shabazz, ac- was standing when he fired at
cluding a final round in the fore- apartment and was clean again. cording court records. “Look, Tucker. Prosecutors urged jurors
head, prosecutors said. Then he “Got my three-month sober there’s my husband coming up.” to convict Savage of premeditated,
fired at least twice at Tucker but chip,” he wrote in a text message to Shabazz got out of his driver’s first-degree murder for fatally
missed, according to prosecutors, Tucker, referring to a marker pre- seat and headed for the rear of his shooting Shabazz and attempted,
as she ducked for cover behind a sented at Narcotics Anonymous SUV. What happened next is dis- FamiLy PhOTO FamiLy PhOTO premeditated first-degree murder
nearby pickup truck and Savage and Alcoholics Anonymous meet- puted. Gary savage with his self- Whali shabazz, 42, was fatally for shooting at Tucker.
climbed atop the SUV to get a ings. Savage testified that Shabazz published 2019 memoir. shot on sept. 3, 2021. Jurors deliberated for nine
better vantage point. “Yesss,” she wrote back. told him, “I got something for you” hours. They acquitted Savage of
“Luckily for her,” Assistant But the messages soon turned as he opened up the rear of his ness stand. She recounted that and Steve mercer noted that po- murder but guilty of voluntary
State’s Attorney Jim Dietrich told dark, according to trial evidence. SUV, reached inside and pulled after Savage shot Shabazz, Savage lice found only three shell casings manslaughter in Shabazz’s death.
jurors, “he runs out of bullets.” “my dreams and PTSD tells me my out what Savage immediately went after her as she took cover at the scene — and the number To reach that conclusion, accord-
Savage and his attorneys coun- wife and her boyfriend will die,” he knew was a gun — even if he behind a nearby orange pickup. matched the gunshot wounds to ing to their 36 pages of jury in-
tered that Shabazz also was armed wrote on Aug. 27, 2021. couldn’t see it. “What was the defendant do- Shabazz. structions, they had to conclude
and pointed his weapon first — Shown those and other words “He pointed the sock at me,” he ing?” Assistant State’s Attorney They stressed that Savage’s Savage acted in imperfect self-de-
even if it was still encased inside a during the trial, Savage said they testified, adding that he could see Lauren Turner asked. crack and beer consumption not fense. The jury was less forgiving
black sock. They argued that Sav- reflected his daily drug and alco- the silhouette of the weapon in- “Aiming the gun towards me only left him incapable of forming on his actions toward Tucker:
age’s behavior was governed by a hol consumption: $300 worth of side. and shooting,” Tucker said, adding “specific intent,” it was confirmed Guilty of first-degree attempted
four-day crack binge that stopped crack and a case worth of Natural In response, Savage said, he that “at least two to three shots by his behavior. murder. That count is punishable
only five minutes before the shoot- Ice beer. pulled out his own gun and fired were fired in my direction.” “The signs of intoxication in by up to life in prison.
ing. Also at play, they said, were “I get to blaming. Unfortunate- three rounds at Shabazz. At some point, according to wit- this case, I mean you can really Neither side would say what
the long-standing effects of an ly, my wife used be the blunt of Dietrich, the prosecutor, told ness testimony, Savage climbed take your pick,” raquin told ju- sentence they would seek in No-
Army accident — an assertion that that,” he testified. “I used to say jurors the story made no sense atop Shabazz’s SUV to try to get a rors. “And objectively speaking, vember. But Davis, Shabazz’s sis-
arced the narrative heard by ju- stuff to try to get her attention. … I because it rested on the notion better view. when you have somebody who is ter who lives in maryland and
rors back to the 1980s. never meant none of that, any- that Shabazz had time to get the He climbed down, removed the rambling, talking to himself, go- testified at the trial, said she
“Did something happen to you thing bad I said.” gun but didn’t have the time to clip from his semiautomatic ing on top of a vehicle then jump- hoped Savage would get a life
when you were in Korea?” one of many of messages and phone unsheathe it from the sock: handgun, threw it and the gun ing off, undressing from head to term. To Davis, Savages’s premedi-
his attorneys, Isabelle raquin, calls to Tucker went unanswered, “That’s ridiculous. Who does onto the ground, and stripped na- toe, being butt naked in broad tation and plans were clear. “He
asked Savage. according to trial evidence. that?” ked. He also called his mother in daylight, I mean you clearly know drove all the way up here and had
“Yes, my tank went off a cliff,” he She lived in her townhouse Evidence found at the scene cut North Carolina. these are objective signs of some- a whole lot of time to come to his
said. “I was inside the tank.” with her five children, ages 9 to 21 both ways. There was indeed a “I just wanted to hear her one who does not know what he’s senses,” she said.
The 20-foot fall, he testified, at the time, worked as a truck loaded, .22-caliber revolver found voice,” he told jurors, admitting doing, someone who has no intent Instead, Savage got out with a
injured his back and head and left driver and helped care for an near Shabazz’s body, suggesting under cross examination that he to hurt.” loaded gun and approached Sha-
him with post-traumatic stress older relative. She’d met Shabazz Shabazz had taken it out of the told her, “I shot Amber’s boy- Savage told jurors he hadn’t bazz’s SUV, according to Davis, as
disorder. in 2021. on Sept. 3 of that year, the SUV. But it was still in the sock and friend.” come to maryland to harm Tucker the aggressor. “my brother had a
He eventually made his way to two took the relative to a podia- hadn’t been fired. But Savage was adamant that or Shabazz, but to give a family gun,” she said, “but he couldn’t get
maryland, met Tucker and they trist, stopped at Chick-fil-A and Prosecutors called Savage’s es- he never fired any shots at Tucker. member his car before checking to it and get it out. I wish he could
married in 2012. five years later, got milkshakes. Back home, after tranged wife, Tucker, to the wit- Defense attorneys Isabelle raquin into drug rehab. have.”
BooK WorlD
On bestseller
list, self-help
and unsettled
science collide
BY K RISTEN M ARTIN
Mayhem at
the iron in oxygenated red blood cells; the
resulting scans depict the changes in oxy-
genated blood flow that coincide with
brain activity. This technology promised
to show which parts of the brain “lit up”
the movie
when a patient was performing a particu-
lar task, seemingly giving neuroscientists
the ability to map the brain and chart
where each particular emotion, thought
theater
or action originates.
“The Grieving Brain” represents O’Con-
nor’s attempt to translate her fMRI-based
research for a general audience. In this, it
joins a genre that psychiatrist Bessel van
der Kolk popularized with “The Body
Drunken outbursts, public nudity Keeps the score: Brain, Mind, and Body in
the Healing of Trauma” (2014). In recent
and nonstop cellphone use are years, van der Kolk’s book, with its Mat-
disrupting ‘Barbenheimer’ fans isse-bedecked cover, invaded social me-
dia, rendering it both a meme and a
sleeper bestseller — it has stayed near the
BY S OFIA A NDRADE AND J ANAY K INGSBERRY sEE BooK WoRLD On C3
R
yan Gosling was having a big mo-
ment on-screen bro’ing up the Bar-
bie Dreamhouse when Tess Connolly,
22, first spotted something amiss. ¶ It was a
9:30 p.m. showing of “Barbie” at the Regal
Cinema in downtown Denver, and the thea-
ter’s manager had begun pleading with a
man seated a few rows in front of Connolly
and her younger brother. The man, the
Why hotels
manager said, needed to leave. But the
moviegoer wouldn’t budge. That’s when five
have secretly
security guards showed up and Connolly
truly took in the spectacle in front of her —
been targeting
and, unfortunately, it wasn’t Ken shouting
“sublime!” sEE moviEs On C2
IStOck
your nose
BY A LI W UNDERMAN
‘Reclining Liberty’ takes a rest, raises questions in Arlington There’s a special moment following a
trip — it could be days later, even
months or years — when an aroma wafts
through the air that suddenly transports
BY Z OE G LASSER you back to your destination, like the
warm coconut smell of an Caribbean
Lady Liberty levitated by crane above resort or light lavender scent of luxury
Arlington early Thursday morning, as- spa day.
sisted by a team of Museum of Contem- The nostalgia inspired by a smell is
porary Art Arlington staff and the sculp- hopefully a pleasant experience, but for
tor who made her, Zaq Landsberg. As she hotels using signature scents, it’s also
glided — surprisingly gracefully, consid- happening by design. By tapping into
ering her 25-foot-length — passersby the power of scent, hotels can set the
stopped to gawk. Landsberg, 38, looked mood, create memories and stay top of
on like a watchful parent until the guests’ minds when they leave.
sculpture came to rest on the grass. When it comes to memory, there is no
“Reclining Liberty,” modeled after her sense more closely linked than smell.
much taller counterpart, has found a “Our olfactory system is unique com-
new home at MoCA Arlington. The piece pared to our other sensory systems in
depicts the statue laying on her side with that the pathways from the nose and
her head cupped in one hand, one foot olfactory bulb go directly into memory
flexed, the pose alluding to depictions of and emotion centers in the brain, such
the Buddha during his final days before as the entorhinal cortex and amygdala,”
reaching parinirvana. A formal opening Jennifer newson, in-house neuroscience
celebration was held over the weekend, consultant at neurocosmetics brand
and she will relax on the museum’s lawn Children of Earth skincare, said in an
until July 2024. sEE HoTEL smELL On C8
“By merging the traditional Buddhist
reclining pose and the quintessential
American figurative symbol, Reclining
‘Planet of tHe Bass’
Liberty asks the viewer to contemplate
the status of the ideals the statue of Original Ms. Biljana electronica
Liberty represents,” co-sponsors MoCA is just fine, thank you. c3
Arlington and Arlington Arts said in a
joint news release. Music
The statue, originally installed in
Manhattan’s Morningside Park in 2021, Misogynistic reggaeton songs
is not Landberg’s first take on Lady face fines in Mexican city. c4
Liberty. In 2012, he created “Face of
Liberty,” which depicted the statue’s carolyn Hax
visage partially buried in the ground of craIg hudSOn fOr the WaShIngtOn POSt
new York’s Governors Island, the spikes Artist Zaq Landsberg hopes his sculpture “Reclining Liberty” will inspire viewers to examine the meanings the statue of My sister criticized my parenting
sEE LADy LiBERTy On C2 Liberty carries. The statue is on display at the museum of Contemporary Art Arlington through July 2024. advice. What do I do? c8
C2 eZ re the washington post . monday, august 7 , 2023
rudeness part
tions to plot twists and surprise the Brazil theater.)
characters is built into the film When Abby Luca, 19, attended
itself. “ ‘oppenheimer’ of all mov- a regular Alamo Drafthouse
movement
said. ruined by a visibly drunk group of
movie-theater policies, in the women who spent the entirety of
meantime, are serving as a final the movie dancing, having con-
line of defense for film fans frus- versations with the on-screen
MOVIES from C1 trated by their seat neighbors’ characters and making other
outbursts. loud noises. Though several in the
“one of the security guards was At Alamo Drafthouse Cinema, theater asked the women to be
saying to the guy, ‘Dude, you a dine-in theater chain known for quiet, and “the security went over
cannot be naked in here,’ ” she its strictly enforced “no talking, to them, like maybe four times” to
recalled. “The guy was all con- no texting” policy, guests can dis- tell them they would be kicked
fused and upset that he couldn’t creetly flag unruly behavior by out, they received only warnings.
be naked in the theater … he was raising an order card to alert staff. “It was extremely distracting,
getting all worked up.” The secu- “We’re not going to see every honestly,” Luca said, adding that
rity guard proceeded to ask the single thing that happens and she worries she may have missed
audience to assist in 86’ing the how disruptive it is to you and crucial parts of the film. “I feel
man. According to Connolly, your guest, so we do rely on that like there were details that we
many responded by yelling things kind of communication,” said didn’t even get, and stuff that I’ve
like: “Get this freak out of here!” VAlerIe mACon/AFP/geTTy ImAges
michael Pieri, an executive gener- seen posted that I didn’t catch on
and “my teenage girls are here!” Run times for “Oppenheimer” and “Barbie” on display at a Los Angeles movie theater. Moviegoers al manager who oversees two to.”
meanwhile, “Barbie” kept playing nationwide say they have been appalled by the rude antics of fellow viewers at the two films. Alamo locations in the D.C. area. Her experience at the theater
in the background. He says the system has been was so disrupted that she plans to
Though the man was eventual- otherwise disrespectful guests at while a Playbill exposé from the tion. “for the entire history of working well. “The only times see “Barbie” again.
ly removed from the packed thea- screenings over the past few spring detailed aggression theaters people were able to pay that I’ve really seen hesitation is “I used to be an avid shusher.
ter, Connolly worries she may weeks have gone viral. In one toward ushers and other theater attention. The only difference when it’s somebody who’s break- Now, I choose my battles because
have missed the funniest part of particularly memorable video workers, who reported being spat now is the phones,” tweeted NBC ing the rules right next to you,” I don’t want to get stabbed in a
Greta Gerwig’s long-anticipated from what appears to be a “Bar- on and screamed at regularly. Not news tech and culture reporter Pieri said, explaining that some movie theater,” said Justin Chang,
film. bie” screening in Brazil, a woman even the skies are safe: Last week, Kat Tenbarg. guests might feel uncomfortable a film critic for the Los Angeles
“It was so much worse that this violently pushes another woman an American Airlines pilot went When Brandon Thint, 24, went reporting the behavior in front of Times and NPr’s “fresh Air.” Af-
happened at ‘Barbie,’ ” Connolly to the floor. The ensuing fight viral for lecturing “selfish and to see “Barbie” at a Cinemark in the person. The most common ter having to ask moviegoers to
said of the naked man, “because plays out as Billie Eilish’s “Barbie” rude” passengers on airplane be- Austin, the last 20 minutes of the violations he notices at his loca- wear their masks at the height of
everyone was wearing their Ken song (“I used to float, now I just havior (“Nobody wants to hear movie were spoiled for him by tions pertain to Alamo’s late pol- the pandemic, distracting phones
costumes and pink boas.” fall down”) plays in the back- your video”). younger kids watching YouTube icy, which prohibits guests from seemed less pressing: “People’s
“Barbenheimer” — the twin ground. Nobody’s quite figured out videos near the front of the thea- arriving 15 minutes after the post- habits were bad before the pan-
release of blockbusters “Barbie” The bad behavior wasn’t limit- where everyone’s good manners ter at full volume during “the ed showtime. demic. They were bad [during]
and “oppenheimer” — may have ed to energized “Barbie” audienc- have gone — and what is exactly emotional climax of the movie.” In the weeks since “Barben- the pandemic wave, and they’re
broken box-office records and es, either: “Saw ‘oppenheimer’ causing the current collapse in Viviana freyer, 21, had a simi- heimer” opened in theaters, Pieri bad now … It’s always bad, so I do
brought people out to the thea- last night in one of the worst civility. lar experience at her opening- said there have certainly been choose to pick my battles now. I
ters in droves, but it also high- behaved crowds I’ve ever been in, roxane Cohen Silver, a profes- night “oppenheimer” screening more violations of Alamo’s talk- just get desensitized to it.”
lighted a very real problem: Some multiple camera flashes through- sor of psychology at the Univer- in miami. While she was excited ing and texting policy, “but that’s Similarly, when someone seat-
people seem to have forgotten out, people in front of us scrolling sity of California at Irvine, and an to see the new Christopher Nolan because there’s more bodies in ed next to Alex West, 28, started
how to go to the movies, with TikTok half way thru the film,” expert on stress and personal epic on 70mm film, the experi- the building.” browsing through Instagram for
widespread reports of drunken user @silvergelpen wrote last trauma, says this behavior could ence quickly soured when a group But Alamo did make some ex- much of “Barbie,” he simply chose
outbursts, rampant cellphone use weekend on Twitter, which has be linked to a string of recent of “really rowdy teenagers” talked ceptions for the release of to ignore them. “At this point it’s
and exhibitionism. recently been renamed X. “If you events. through the entire movie, having “Barbie.” Both of Pieri’s venues just something you get used to …
At a “Barbie” showing at an don’t have the attention span for “It is clear that the past three loud reactions to “moments hosted “Barbie” slumber party especially in a packed theater,”
AmC theater in Washington last a 3 hour movie don’t leave the years have been challenging for where you were not supposed to viewings where people were en- West said.
Sunday, a man wearing a pink house to attend one.” many people in our country. We be that loud.” couraged to show up in pajamas. In the end, the “Barbenheimer”
tank top and body glitter loudly others soon chimed in with have experienced a series of col- “I do understand that ‘Barben- Those events, he said, are what phenomenon, Chang said, is “an
identified with the Kens on- their own experiences: loud talk- lective traumas, cascading one to heimer’ is the first sort of big “we call our ‘rowdy screenings’ interesting kind of litmus test.”
screen. Throughout the film — ing, disruptive entering and exit- the next, which for many has been movie event in a very long time, [with] relaxed policies where we maybe, he said, the live tweeting,
and despite multiple shushes — ing the theater, bursts of laughter almost too much to bear. The and people are excited about the encourage people to kind of talk a filming and talking during movie
he would cheer, sing or stand up at inappropriate moments and combination of the pandemic, movies, and a lot of these people little bit.” screenings — “all these things
and pump his fist from his front- videos taken with flash of scenes inflation, mass shootings, cli- who are causing this ruckus are “The biggest issue is you can that are so incredibly disturbing,
section seat whenever the Kens with the potential for TikTok vi- mate-related disasters, political young and are participating in only be so prepared,” said Pieri, disrespectful and distracting to
rallied against the Barbies. He rality. polarization and so on, has taxed the ‘Barbenheimer’ trend,” freyer noting how earnings for “Barbie” moviegoers” — are just the way
apologized to the audience at one The mayhem isn’t limited to our capacity to cope,” Cohen said. “But … I do think the recent far exceeded box-office expecta- people engage with films now.
point, explaining that he was movie theaters. The past year has Silver said in an email. “It is trend of super-interactive super- tions. “When it exponentially “People acting as if a public
“wasted,” but nevertheless con- seen a disturbing trend of audi- important to recognize this reali- hero movies combined with the blows up like that, there’s only so space is their living room is a
tinued disrupting the show until ence members throwing objects ty as we examine behavior this internet and TikTok has kind of much preparation you can do.” problem that affects all of us,” he
the film’s climax, at which point at musicians onstage. over on summer.” made this cocktail for rowdy be- Asking a disruptive person to said, “not just [in] movie thea-
he got into a slap fight with an Broadway, an unruly woman halt- others are calling out cell- havior at the movies.” stop or raising the issue to theater ters.”
acquaintance sitting beside him. ed a performance of “Death of a phone culture and a constant, The behavior she witnessed, workers isn’t a foolproof method,
online, stories of unruly or Salesman” back in December, self-centered need for stimula- she said, is encouraged by block- either. (And the offending party Avi selk contributed to this report.
monday, august 7 , 2023 . the washington post eZ re C3
I
first picked up “The Grieving hasn’t actually been proved to ex-
Brain” for the same reason that tific wisdom is now recirculating when the Belgian anatomist An- human — will inevitably be re- of psychological science. These ist in humans. Some of van der
I read “The Body Keeps the in new media, calcifying into con- dreas Vesalius illustrated what he vised, refined and sometimes books propose that the findings of Kolk’s readers spread this theory
Score” the year before: I wanted to sensus that we can’t stop parrot- observed via autopsies and dissec- proved wrong. The imaging revo- fmrI studies provide ground- further on Instagram carousels
understand how a series of firing ing. most Americans have poor tions in “De Humani Corporis lution, starting with the invention breaking insight into human emo- about trauma-informed parent-
neurons can suddenly leave me in scientific literacy — as the pan- fabrica.” Vesalius’s empirical of the positron emission tomogra- tions and behaviors. These claims ing and breathing and stretching
tears when I get an unexpected demic attests — and yet we cannot drawings finally unseated theo- phy (PET) scanner and the mrI in play into the motivations of every- exercises to help you move from
reminder of my parents, who both get enough of using the language ries put forward in the second the 1970s, seemed to bring neuro- one involved in the intersection of “freeze + disassociation states to
died of cancer about 20 years ago, of neuroscience to talk about our century that the brain was com- science out of the dark ages. But neuroscience and self-help, like calm and connection states.”
when I was a young teen. more brains and seeking self-help solu- posed of four fluid-filled ventricles the fmrI scan, which is just over the scientists who get to promote Perhaps unsurprisingly, van der
than that, I wanted the objectivity tions to what we think ails us through which the “pneuma phys- 30 years old, has already had epi- the real-world applicability of Kolk also buys into the triune
and rationality of science to im- neurologically. icon,” or animal spirit, flowed. sodes of comeuppance. In 2009, a their work outside of the academy brain model, as do many thera-
pose order on my grief. Beyond “The Grieving Brain” It wasn’t until 1848, when a neuroscientist put a dead salmon (and thus gain fame within it) and pists on social media. maybe
reading “The Body Keeps the and “The Body Keeps the Score,” railroad construction foreman through an fmrI and detected the publishers who are willing to you’ve heard of it as your “lizard
Score,” I realized that my experi- publishing has cashed in on these named Phineas Gage survived an activity in its dead brain, showing shell out hefty advances for books brain” or “reptilian brain” — the
ence of losing my parents — while desires in recent years with best- accident in which an iron rod was how easy it is to produce a false that promise to meet readers’ end- idea that humans have a primitive
devastating and life-altering — sellers such as psychiatrist Bruce driven through his head, that it positive when sorting through the less appetite to understand why brain center that acts on instinct.
wasn’t traumatic, exactly; at least D. Perry and oprah Winfrey’s was proved that different areas of statistical noise of these scans. they feel bad — and promise solu- The triune brain model, devel-
not by van der Kolk’s definition, “What Happened to You? Conver- the brain are responsible for dif- Beyond statistical dangers, there’s tions. At best, these books over- oped in the mid-20th century by
making me wonder why so many sations on Trauma, resilience, ferent functions. That break- an even more fundamental prob- simplify and overstate the take- neuroscientist Paul macLean, has
readers had slogged through its and Healing,” biologist and neu- through initially seemed to back lem of interpreting what fmrI aways of neuroscientific research; long been considered nonsense by
dense descriptions of brain activi- rologist robert m. Sapolsky’s “Be- up some of the tenets of phrenolo- scans depict. A scan can correctly at worst, they rehash neuroscien- most neuroscientists; the theory
ty. As science journalist Eleanor have: The Biology of Humans at gy, a pseudoscience that studied identify the areas of a person’s tific ideas that are already out- was first disproved back in the
Cummins argued in the Atlantic, our Best and Worst,” and clinical bumps on the skull and offered brain that are receiving blood flow moded. 1970s. Van der Kolk proposes that
when researchers like van der psychologist Lisa feldman Bar- “evidence” for racist ideas — at a particular moment, but we when we are pulled back into trau-
I
Kolk talk about “trauma,” they rett’s “How Emotions Are made: namely, that characteristics such can’t definitively say that activa- n “The Grieving Brain,” ma, we behave like lizards. People
mean something quite different The Secret Life of the Brain.” more as benevolence were controlled by tion of a brain region equals a o’Connor constantly hedges still love this explanation — like
from the everyday discomfort im- such books are forthcoming: “organs,” or areas, of the brain. particular emotional or cognitive when writing about the status mirror neurons, it’s all over Tik-
posed by, say, the first year of the “Brain performance coach” Nicole state. An activated amygdala can of knowledge in the field. Here she Tok.
coronavirus pandemic. In the psy- Vignola — who has a bachelor’s be pointed to as proof of negative is on mirror neurons, brain cells Van der Kolk must be aware
chiatric world, ruled by the Diag- degree in neuroscience and more emotions like fear, stress or anxi- that TikTok users can’t get enough that his peers have long discredit-
nostic and Statistical manual of than 300,000 people following Our interest in talking ety, but also positive ones, like of. She’s using them to explain ed the idea of the “reptilian brain,”
mental Disorders, trauma mani- her advice on Instagram — recent- happiness. how “neural machinery” helps us but he continues to give it the
fests in physical and emotional ly sold “rewire: The Neuroscience about what’s going on more recent reevaluation of feel close to others, and later how sheen of scientific credibility in
wounds from experiences like of a Good Life” to Harper one and fmrI scans taken while subjects our brains struggle when we can- his work, perhaps because it
combat, or surviving horrific acci- 12 other publishers worldwide. inside our brains isn’t are triggered to feel certain emo- not be close to our dead: “If you speaks to something a large audi-
dents or acts of violence. The book, pitched as a “toolkit for tions — the kind that o’Connor show a monkey that you are doing ence wants to hear: If some of our
my feelings around my parents’ shifting deeply ingrained brain new, but received and van der Kolk have deployed in something with your hand — worst reactions stem from a prim-
deaths may not result from trau- behavioral patterns,” is due out their research and write about in grasping a banana, for example — itive, animalistic part of our
ma, but they are definitely grief. next spring. neuroscientific wisdom their books — has further revealed some of his same neurons will fire brains, we are not really responsi-
As I read “The Grieving Brain,” I The more I learned about how their limitations. In 2020, Ahmad when he watches you grasp the ble for them.
encountered descriptions that much some of these books over- is recirculating in new Hariri, a Duke University profes- banana as when he grasps the Neuroscientific self-help books
mirrored some of my emotions play what neuroscience can tell us sor of psychology and neurosci- banana himself.” Immediately fol- scratch the same itch as labeling
back to me: my anguish over not about the brain and human behav- media, calcifying into ence, led a team that conducted a lowing this clunky explanation, everything a trauma response,
being able to locate my parents on ior, the more I thought that the reanalysis of 56 published aca- she inserts a caveat that I had self-diagnosing ADHD and treat-
this earthly plane, my yearning to self-helpification of a relatively consensus that we can’t demic studies based on fmrI never seen issued in discussions of ing mental health diagnosis like a
be close to them. But I questioned young and incredibly complex analysis, and found that when an mirror neurons, which come up giant Buzzfeed quiz. They super-
why I had sought an “objective,” field of scientific study is not so stop parroting. individual has their brain scanned frequently to explain empathy: impose order on the messiness of
neurobiological stamp of approv- helpful after all. We keep consult- in an fmrI, the results are not “Despite the widespread interest emotions, telling us that looking
al on what I had already known ing neuroscience — even when its replicable on a second scan. You in mirror neurons, human neu- inside the brain can explain why
about how and why humans suffer findings are disproved or over- As recently as the mid-20th cen- can have the same person conduct roimaging does not have suffi- we feel so out of control. With neat
when we are bereaved: We long for blown — to explain the human tury, doctors performed loboto- the same task while in an fmrI ciently high definition to detect answers come neat solutions, as
our dead, we face the need to condition, and often to validate mies on people deemed mentally scanner a few months later and individual mirror neurons in hu- though we can life-hack some of
adapt to a world without them in what we want to believe or what ill, severing the connection be- get a different readout of brain mans.” the hardest parts of being a person
it, we dwell on what our lives we already know. Tracing all of our tween the thalamus and the fron- activation. While bad fmrI data In “The Body Keeps the Score,” — grieving our loved ones, grap-
would be like if our dead had messy emotions, reactions and tal lobe. Neuroscientists like will probably not lead to the same van der Kolk writes about those pling with the long effects of trau-
instead lived. Even o’Connor ac- habits to the workings of electrical Walter freeman, the biggest evan- horrors as phrenology and loboto- same monkey experiments on ma. But there is no remedy for the
knowledges early on that she does currents and neurochemicals lets gelist for the lobotomy in the Unit- mies, it’s not hard to imagine how mirror neurons, calling them “one human condition, and implying
“not believe that a neuroscientific us off the hook. ed States, believed that psychosis these scans could be manipulated of the truly sensational discover- that it’s all in our heads makes our
perspective on grief is any better was caused by endlessly circling to diagnose people with psychiat- ies of modern neuroscience.” He pain seem like a glitch instead of a
H
than a sociological, a religious, or umans have been trying to thoughts and that cutting off the ric illnesses they may not have, or obscures the distinction between feature.
an anthropological one,” but she understand the brain since prefrontal cortex would break the to deny insurance coverage for monkeys and humans, though:
feels that “neuroscience is part of the time of Hippocrates; circuit. treatments they need. “Numerous other experiments fol- Kristen Martin is a cultural critic
the conversation of our times.” neuroscience is still in its toddler- It’s worth remembering that as And yet books that tout the lowed around the world, and it based in Philadelphia. Her debut
our interest in talking about hood. Western physicians didn’t we advance in our understanding, results of fmrI studies are still soon became clear that mirror narrative nonfiction book on American
what’s going on inside our brains even know what the brain looked what we know about the brain — being marketed to everyday read- neurons explained many previ- orphanhood is forthcoming from Bold
isn’t new, but received neuroscien- like until the mid-16th century, such a key part of what makes us ers who aren’t up to date on issues ously unexplainable aspects of the type Books.
Q&A something that is ’90s club were so shocked when you were
dance vibe, that’s perfect.” replaced in the second video.
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A Mexican city’s mayor plans to levy fines for misogynistic reggaeton lyrics
BY M ARÍA L UISA P AÚL against women. In Mexico, a and Puerto Rican women.”
country enveloped in a deepen- “Stop sexist violence, stop vio-
As it’s entered the mainstream, ing crisis of violence, an average lence against women,” Bad Bun-
the thumping and contagious of 11 femicide cases, or intention- ny said in Spanish. “Let’s educate
rhythm of reggaeton has often al killings with gender-related right now, in the present, to have
been accompanied by lyrics from motives, are committed each day, a better future.”
men describing how a woman according to data released by the Even fellow reggaeton artist
became beautiful “thanks to the country’s national statistics agen- Arcángel attributed Bad Bunny’s
mistreatment” or boasting about cy in 2022. In Latin America, anti-machismo stance to his ris-
having sex with a woman so women face one of the highest ing stardom: “Machismo is out of
inebriated she can’t “remember rates of sexual assault, with data style. Believe me — that whole
that night.” showing that more than half of all concept of you being the alpha of
It’s those kinds of musical mes- women have suffered some form everything, that is out of style.
sages that prompted the Mexican of domestic violence. What’s in is letting your woman
city of Chihuahua last week to It’s not the first time reggae- lead the way,” he said in an
prohibit artists from performing ton, a genre that sprang up dec- interview last year.
songs with lyrics that “promote ades ago from predominantly Still, research has shown that
violence against women or en- Afro-Latino communities in misogyny continues to pervade
courage their denigration, dis- Panama and Puerto Rico, has the genre. In a 2018 study, re-
crimination, marginalization or been accused of being en- searchers from the University of
exclusion,” the city’s mayor, trenched with machismo, sexism Chile found that more than 80
Marco Bonilla, said in a video and violence. percent of the reggaeton songs
posted to Facebook. In 1995, when the combination they analyzed contained refer-
Given “the principle of free- of verbal wizardry and grooving ences to violence against women,
dom of speech,” Bonilla said the beat was still in its nascent stage, with 59 songs accounting for 568
city couldn’t outwardly ban those police officers in San Juan raided mentions. The researchers noted,
musical performances — but it record stores and confiscated however, that content about sex-
could dissuade them by imposing hundreds of reggaeton CDs be- ual and physical violence had
a hefty fine between 674,000 and cause the lyrics were decried as eduardo Verdugo/aP
fallen between 2004 and 2017,
1.2 million pesos, or approxi- obscene. About seven years later, Reggaeton fans dance at a discotheque in Ecatepec, Mexico. The mayor of Chihuahua, Mexico, is even as symbolic and psychologi-
mately $38,918 to $69,290. That a Puerto Rican senator unsuc- imposing a hefty fine on performers who sing songs with lyrics that promote violence against women. cal violence rose in that time
money, the mayor added, would cessfully tried to ban the genre, frame.
be directed to a women’s shelter claiming it was violent and de- ing “Gasolina” to now, when Bad University of Notre Dame, drew he added. Though Ruiz said the lyrics
and a women’s institute in grading toward women. And in Bunny has been Spotify’s most- parallels between the trajectory There are already whiffs of that were problematic, Chihuahua’s
Chihuahua that has programs 2014, anti-reggaeton ads in streamed artist for the past three of reggaeton with that of hip-hop happening within reggaeton, move to fine artists who play the
aimed at reducing gender-based Colombia attempted to show how years. According to a 2023 mid- and rap, genres that were also Ruiz said. In its second wave, songs is a “bandage measure that
violence. songs made women sex objects by year report by Luminate, an en- decried as violent in their early female artists like Natti Natasha, does not get at the root of misogy-
“We can’t allow this, and we combining gruesome photos with tertainment data provider, the stages but that have seen a trans- Becky G and Karol G are making ny and the deeper causes of
also can’t allow [violence] to be- a selection of lyrics, all running global music industry surpassed formation following the rise of strides. At the same time, Bad femicide in Mexico.” Plus, he
come normalized,” Bonilla said. under the campaign slogan “Usa 1 trillion streams and went up female and queer artists within Bunny has denounced misogyny added, “it really is a bad sign for
The move — coming as Latin la razón, que la música no de- 30.8 percent compared with last them. and spoken out against Puerto our society when the government
music increasingly dominates grade tu condición,” or “Use rea- year, something driven in large “Like every good art form, Rico’s problem with gender- starts restricting artists.”
streaming platforms — was son, don’t let music degrade your part by the popularity that Span- reggaeton is going to grow and based violence. After being “It’s an empty threat,” he said.
sparked by what Bonilla called a condition.” ish-language music has gained evolve,” Ruiz said. named top Latin artist of the year “At the end of the day, stuff like
“pandemic” of violence against Through it all, though, reggae- among American listeners, the “To me, all of this is evidence at the 2020 Billboard Music this almost never works — it’s
women in a city where “7 of every ton and urban Latin music has company said. that reggaeton is a thriving art Awards, he dedicated his award kind of like the ’80s movie ‘Foot-
10” 911 calls involve cases of emerged as a global phenomenon Jason Ruiz, an associate pro- form, because real, true art forms “to all the women around the loose’ when they tried to ban
domestic violence, particularly — from the days of the ever-play- fessor of American studies at the have always inspired pushback,” world, especially Latin women dancing and it totally backfired.”
N-S VULNERABLE
NORTH
♠ Q865
♥ J5
♦ 6532
♣ K82
WEST EAST
♠ 10 ♠ KJ
♥ AQ72 ♥ 10 9 8 4
♦ Q J 10 9 ♦ K874 MIKAEL WULFF & ANDERS MORGENTHALER
FRANK AND ERNEST TOM THAVES WUMO
♣ 9643 ♣ Q J 10
SOUTH (D)
♠ A97432
♥ K63
♦ A
♣ A75
The bidding:
SOUTH WEST NORTH EAST
1 ♠ Pass 2 ♠ Pass
4 ♠ All Pass
Opening lead — ♦ Q
I
CLASSIC PEANUTS CHARLES SCHULZ MIKE DU JOUR MIKE LESTER
found Cy the Cynic in the
club lounge, writing an ali-
mony check — feeding hay to
a dead horse, he says. Cy’s
marriage vow is never to take
another one.
Cy says that one can live
as cheaply as two. He may
be right about that, but
one chance won’t go as far
as two at the bridge table.
As declarer at today’s four
spades, Cy took the ace of RHYMES WITH ORANGE HILARY PRICE MARK TRAIL JULES RIVERA
diamonds and tabled the ace
of trumps. He next led a club
to dummy and returned a
heart to his king.
West won, and Cy had to
lose another heart, a club
and a trump. Down one.
Cy gave himself one
chance when he had two.
After Cy takes the ace of
trumps, he leads a heart
toward dummy’s jack. West LIO MARK TATULLI MOTHER GOOSE & GRIMM MIKE PETERS
takes the queen and leads
another diamond, and Cy
ruffs and leads a second
heart to West’s ace. Cy can
pitch a club from dummy on
his king of hearts and ruff a
club in dummy.
If East had the queen of
hearts, Cy would still suc-
ceed if he had the ace. Cy’s
play had a 50% chance. The
winning play succeeds 75% HAGAR THE HORRIBLE CHRIS BROWNE BALDO HECTOR CANTU & CARLOS CASTELLANOS
of the time.
DAILY QUESTION
You hold:
♠ 10 ♥ A Q 7 2
♦ Q J 10 9 ♣ 9 6 4 3
Your partner opens one
club, the next player bids one
spade and you double (nega-
tive). Partner bids two hearts.
What do you say?
ANSWER: Your double
promised heart length but BLONDIE DEAN YOUNG & JOHN MARSHALL SALLY FORTH FRANCESCO MARCIULIANO & JIM KEEFE
the wrong type of hand to
bid two hearts. Partner’s two
hearts is not a reverse; he
has “supported” the suit your
double promised. Pass. The
opponents are not competing
in spades, so partner prob-
ably has “wasted” honors
there.
— Frank Stewart
©2023, TRIBUNE CONTENT AGENCY, LLC.
BIRTHDAY | AUGUST 7
You are a modest
person with many
hidden talents. People
like you because
you are witty, charming and
friendly. Simplicity is the key
to your life this year. It’s time
to create solid foundations.
You might explore martial arts
or yoga. Stay grounded and
levelheaded.
HEART OF THE CITY STEENZ JUDGE PARKER FRANCESCO MARCIULIANO & MIKE MANLEY Moon Alert: After 2:45 a.m.
today, there are no restrictions
to shopping or important
decisions. The Moon is in
Taurus.
ARIES
(MARCH 21-APRIL 19).
Trust your moneymaking ideas
today, because you’re in the
groove. Lucky Jupiter and the
Moon are both in one of your
Money Houses. This is an ideal
influence that can help you
make long-range plans.
TAURUS
(APRIL 20-MAY 20).
FRAZZ JEF MALLETT CANDORVILLE DARRIN BELL Today the Moon is in your
sign dancing nicely with
Saturn and Mercury, which
gives you a lot of common
sense and an ability to think
clearly. It’s a strong day for
teaching children, making
vacation plans or discussing
professional sports.
GEMINI
(MAY 21-JUNE 20).
This is an excellent day
to do research, especially
independently. Rely on yourself
to come up with solutions to
old problems and answers to
GARFIELD JIM DAVIS BARNEY AND CLYDE WEINGARTENS & CLARK questions. In particular, it’s
a good day to tackle home
repairs.
CANCER
(JUNE 21-JULY 22).
You’re in the right frame of
mind to learn and study new
things today. Likewise, you
will be able to teach and give
practical advice to others. This
is a good day to share your
hopes and dreams for the
future with a friend to get their
feedback.
LEO
STEVE KELLEY & JEFF PARKER STAN LEE & ALEX SAVIUK (JULY 23-AUG. 22).
DUSTIN THE AMAZING SPIDER-MAN You are high-viz today, which
means people notice you.
Furthermore, they seem to
know personal details about
your private life. Financial
discussions will go well. It’s a
good day to make long-range
plans about shared property,
inheritances, estates, taxes
and debt.
VIRGO
(AUG. 23-SEPT. 22).
You’ll make great headway
today if you want to make
travel plans or have a serious
discussion with someone,
PRICKLY CITY SCOTT STANTIS LOOSE PARTS DAVE BLAZEK especially about practical
matters. Aside from travel, you
also might discuss legal or
medical situations or anything
to do with publishing and the
media.
LIBRA
(SEPT. 23-OCT. 22).
Your ability to research
something and dig for answers
is excellent today. You might
do this at work, or it might be
about any topic. It’s also a
good day to research issues
about shared property, taxes,
debt and inheritances.
NON SEQUITUR WILEY BABY BLUES RICK KIRKMAN & JERRY SCOTT SCORPIO
(OCT. 23-NOV. 21).
Today the Moon is opposite
your sign for two days, which
means you are best served
by cooperating with others
and being accommodating.
Someone younger might have
suggestions that affect your
future goals.
SAGITTARIUS
(NOV. 22-DEC. 21).
You are ready to speak up
to parents, bosses and
authority figures today. You
feel confident to do so, plus
BIG NATE LINCOLN PEIRCE ON THE FASTRACK BILL HOLBROOK you sense the need to be
independent and rely on your
own resources.
CAPRICORN
(DEC. 22-JAN. 19).
This is a good day to study
and learn something new.
It’s also a good day to teach
young minds. Some of you will
make travel plans or source
out ideas related to sports or
children.
AQUARIUS
(JAN. 20-FEB. 18).
Family discussions will go
well today, especially about
BEETLE BAILEY GREG, BRIAN & NEAL WALKER PEARLS BEFORE SWINE STEPHAN PASTIS practical matters, shared
property and getting the
financial and practical support
you want.
PISCES
(FEB. 19-MARCH 20).
This is a good day to make
some long-range plans. You
want to solidify things for
the future, which is why you
will consider the advice of
someone who is older.
— Georgia Nicols
© 2023, KING FEATURES SYNDICATE, INC.
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C8 eZ re the washington post . monday, august 7 , 2023
ACROSS
1 Make small
adjustments to
6 Palindromic title
11 “¡Dios __!”
14 Fictional choco-
latier Wonka
15 Sports complex
16 Series finale, e.g.
17 Tied with a
scrunchie, maybe
19 Director
DuVernay
20 Italian ice cream
21 Most coll.
applicants
22 Thing
23 Food __: lethargy
after a big meal
25 Mosaic tile
27 Stargazer’s bear
30 No longer
on deck
32 Election night
backdrop for nick galifianakiS for tHe WaSHington PoSt
Steve Kornacki
33 Whispery video
genre, for short
34 “Fiddlesticks!”
Sister slammed for parenting remarks
35 Big gulps © 2023 Tribune Content Agency, LLC. 8/7/23 Carolyn Hax is understand we all have bad days, to your sister, to start breaking
37 Word before salt away. The and maybe I caught her on one. this nasty older/younger pattern,
or snail DOWN 28 Uncooked 41 Rest in a sleep 50 Indian spice mix following first How am I supposed to to stay close to your nephew — is
39 “Know what __?” 1 Small branch 29 Trumpet parts pod 53 Gentle appeared June 17, communicate with her? I want to to apologize for talking down to
42 Pre-calc math 2 Sonoma County that need to be 43 Xbox controller, reminder 2009. know whether I am out of line in her. Admit that your focus on
class product drained for one 56 Rotate calling her on not speaking to me what lies ahead in child-rearing
Carolyn Dear Carolyn: I about this sooner. I’m tired of all has been dismissive of her
44 YouTube diary 3 Ben Gurion-based 31 Fountain near 45 Awesome 58 Low poker
Blossom
Hax am the oldest of the drama, and of being labeled current circumstances. Admit
46 Irish actor airline Rome’s Spanish pair
Stephen Steps vegetable five siblings. my the “mean” older sister. that it might be an unconscious
4 South American 59 Roof trim younger sister is — Minnesota drift on your part to a phase of
47 Taking time off kin of a camel 33 Nike rival 47 2000s first 60 Hid one’s true 27. She is a new mother of a 9- child-rearing you do understand,
50 Car sticker amt. 5 Japanese city 36 Storm drain family colors, perhaps month-old. I have invested much Minnesota: I don’t know about because you are, in fact, at a
51 [shrug emoji] with many cover 48 Alongside of 62 “It’s just no __!” love, time and energy into my the “mean,” but you will live up to disadvantage when the
52 Turner known shrines 38 Oodles 49 Academic job 63 Mule kin sweet nephew. I am married with the “hard to talk to” label if you conversation is about babies.
as the “Queen of 6 Star Wars Day 40 __ Lingus security two stepkids of my own, 8 and 9. throw up your defenses and In other words, drop your
Rock ’n’ Roll” month my sister has been keeping me attack her back. That helps make dukes. Completely.
54 Wheel turner 7 Review-heavy up to speed with her struggles in her case that you’re not If your sister takes this
55 Donne couplet? newspaper SATURDAY’S LA TIMES SOLUTION adjusting to a baby. I admittedly approachable. opportunity to launch an
section have expressed such sentiments Should she have spoken up uppercut to your jaw, then you’ll
57 Forced from as, “Wait until he can walk, you sooner? Yes. There’s also no have lost nothing, because she’ll
power 8 Scarcity will be even busier,” and, “Enjoy justification for her screaming, be alone on the low road, and
61 “The Real World” 9 Ouzo flavoring this sweet time with him, phone-slamming and emotional you’ll have gained the knowledge
airer 10 “Bad” prefix because things will change.” sucker-punching. that an adult relationship with
62 Classic sunshine 11 Carnivores Yesterday, she informs me that Still, none of these missteps her isn’t realistic, at least for now.
pop hit single 12 Turn upside down she is sick of my “wait until he erases the fact that she expressed But if she’s open to meeting
with hot-air- 13 Whoopi’s Oscar- gets older” comments, because a legitimate grievance. Any “just you halfway, then she will
balloon imagery, winning role in she feels as if I am judging her as you wait” comment is heavy with apologize for her withhold-and-
and what 17-, 30-, “Ghost” a parent. She says I have no idea condescension, because the explode approach to conflict —
and 47-Across what it means to be a “real whole premise of it is that the ideally without your having to
18 Spanish phrase parent,” because I have only had speaker knows something the prompt it, but ungrudgingly
literally are equivalent to
64 Gobbled up “stepkids” since they were 4 and listener doesn’t. Her coming back either way.
“¡Basta!” 5 and only on a split-custody with the accusation that you’re
65 Draped silk 22 Five Pillars faith schedule. the one who doesn’t know Write to carolyn Hax at
dresses 24 Devices called This came out of left field. I anything was childish, for sure, tellme@washpost.com. get her
66 Mitt “cashpoints” in asked her why she didn’t say but please find some sympathy column delivered to your inbox each
67 Letters of distress the U.K. something before, and she tells for the impulse: You are quite morning at wapo.st/gethax.
68 Utopias 26 Small branch me that I am such a hard person aware of your place as Big Sister,
69 Made less 27 Sounds of to talk to. and Little Sister, apparently, has Join the discussion live at noon
onerous hesitation She was crying and yelling, had enough. fridays at washingtonpost.com/live-
then hung up on me. I Your best bet now — to be fair chats.
KLMNO
Nationals
strike fast
to sweep
Cincinnati
nationals 6,
Reds 3
Abrams, Thomas go deep
on the first two pitches
BY A NDREW G OLDEN
Cruel summer
win in 16 games. Washington
scored its first series sweep on the
road since it took three from the
Chicago Cubs at Wrigley Field in
August 2019.
Abrams and Thomas became
the first Nationals players to hit
back-to-back homers on the first
two pitches of a game, but it went
deeper than that: Richardson, 23,
became the only pitcher in the
Despite tactical tweaks, Americans U.S. makes an early World Cup exit, past 50 years to allow a home run
on each of the first two pitches of
are undone by familiar problems falling to Sweden in shootout stunner his major league career.
“Those guys are the catalysts
for us,” Manager Dave Martinez
BY T HOMAS F LOYD time World Cup champion that BY S TEVEN G OFF during a penalty kick shootout, said of Abrams and Thomas.
had never finished worse than then making a desperate bid to “. . . They’ve been consistent here
soccer’s cruelty was summed third — was ousted in the round of MElBOurNE, auSTralIa — Alys- prevent the ball from breaking so far in getting us going. But
up sunday in Australia by the 16. sa Naeher reached back with her the plane of the goal line. overall the team has played really,
thinnest of margins, when the U.s. Going into the match, such a right arm and slapped the ball If Naeher’s efforts against swe- really well.”
women’s national team crashed result would have been anything away, and for a mind-bending den’s Lina Hurtig were success- Abrams finished 4 for 5 with
out of the World but unexpected: The U.s. squad moment sunday night, as the ful, the tiebreaker would contin- two runs and two stolen bases.
ANAlysIs Cup just as it was limped to a 1-0-2 record in the players and a packed stadium ue — and so would the Ameri- Thomas had two hits and drove in
starting to reclaim opening round, failing to win its awaited a ruling about whether cans’ bid for a record third con- three runs. And they showed how
its dominant identity. group and drawing a sweden the round-of-16 nail-biter would secutive championship. Video impactful they can be for the
As Alyssa Naeher parried away team that had rolled to three continue, the U.s. women’s na- technology rendered the verdict: Nationals (49-63) when working
Lina Hurtig’s decisive penalty kick straight victories. But what made tional team was still alive in the The ball had crossed the line by in tandem.
mere millimeters after it crossed the Americans’ exit sunday so World Cup. maybe the width of a pencil. “The momentum goes on to the
the goal line, giving sweden a 5-4 difficult was the return to form It was a sequence rarely, if ever, The United states was out of next guy,” Abrams said. “Me and
shootout win after a scoreless over the preceding 120 minutes, seen at the heights of this sport: a the World Cup at the earliest Lane put energy in the dugout,
draw, the United states — a four- see TACTiCS ON d2 goalkeeper blocking an attempt see u.S. SoCCer ON d3 and it showed today.”
Martinez shifted Abrams to the
leadoff spot in the series before
Candace Buckner: After a World Cup performance unlike any we had ever seen, stunned disbelief is the new face of U.S. women’s soccer. A1 the all-star break, and that move
see nATionAlS ON d5
Nationals at Phillies
Today, 6:30 p.m., MASN
Inside: In a turbulent bullpen, Kyle
Finnegan remains a constant. D5
For Biles, ‘obvious’ goal Gauff earns biggest title of her career at DC Open
is returning to Olympics BY A VA W ALLACE
surging Baltimore sweep time in three days as they MINh CoNNorS/ThE WAShINgToN PoST Inside: After the rain relents, Dan
away the visiting Mets. D5 let a late lead slip away. D7 by defeating Maria Sakkari, 19-year-old Coco Gauff secured her first title at a WTA 500-level event. Evans of England stands alone. D6
d2 eZ sU the washington post . monday, august 7 , 2023
South Africa exits but earns the right to dream a little more
BY C HUCK C ULPEPPER These things happened just yana said. “I’m sure the whole
twice, as it goes. country’s proud.”
SYDNEY — This World Cup has In the ninth minute, Sherida “In this World Cup, there is no
lost its South Africans, their Spitse’s corner kick for the Dutch small team,” matlou said, looking
thrill, their skill, their verve and went into the box to find a deft, also toward fellow strivers Ja-
their ferocity. It has gained itself low header from Lieke martens, maica and morocco. “. . . There is
a hell of a quarterfinal between who lowered her cranium with no small team anymore.”
Spain and the Netherlands, enough cleverness to send the “I can’t say anything is nega-
which beat gallant South Africa, ball toward the near (right) post, tive,” Kgatlana said. “Everything
2-0, on a cloudy winter Sunday at where the South African defense is positive. We are building. We
Sydney football Stadium. But had gotten messy. The ball car- have been building.” The impact
South Africa’s players might have omed over to the left to the “is going to be great now,” she
gained something even grander, doorstep of the goal and to Jill said, pointing to South Africa’s
something to carry through cus- roord, who barely had to graze it bid to host the 2027 World Cup.
toms. with her head to score. “We have made the strides.”
They have gained their first That held through the first “We made history — men or
visit to the knockout stage in half, even as Banyana Banyana women,” Kgoale said. “Nothing
only their second World Cup. caused ruckus and Kgatlana like this has ever happened. So
They have gained hope and showed quality. It held through a we’ve got something to be really
curiosity about the journey narrow offside call on the Neth- proud of. At the same time, we’ve
ahead. They have gained that erlands that took a goal off the got higher standards. We expect-
thing often hard to come by in board in the 54th minute. And it ed better, and we wanted more.”
this world: confidence. And held all the way to the 68th, And then about that unborn
through their four matches — a when martens sent a pretty pro league . . .
2-1 loss to mighty Sweden after through ball up the left where “I want to send a strong
leading, a 2-2 draw with Argen- Lineth Beerensteyn could get to message,” Kgatlana said, “be-
tina that made them mad, a it, one-time it left-footed and cause it’s been many years now
dramatic 3-2 win over Italy and ship it toward goalkeeper Kaylin that we’ve been saying: ‘We need
the Netherlands match — they Swart, who had it go through her a professional league. We need
have gained one doozy of a life hands and into the goal in the to professionalize. We need this.
experience. kind of error one would wish on We need that.’ I think it’s about
“mystical,” said Nomvula no one, evident as Swart time where broadcasters, federa-
Kgoale, 27. “mystical. There isn’t slammed her hands against the tion, everyone involved put their
anything else that matches it. grass. money where their mouth is,
Emotionally, spiritually, mental- MArk bAker/AssociATed Press That pretty much ensured a because after coming to play two
ly, physically mystical. I can’t put “i can’t say anything is negative,” south africa forward thembi Kgatlana said. “Everything is positive.” flight home, yet a flight rich with World Cups [and making one
it in words. . . . Every single time audacious thoughts for a country round of 16 already], surely
I stepped on the field, I feel like I about rankings or looking at a chances. They played as a pro- even as they tired in the second still without a professional someone has to be bothered and
was, I can’t say ‘Cloud Nine,’ team as larger than life that you gram that struggled to three half. league. someone cannot sleep as though
because I’m trying to find words, cannot be able to reach or you losses in france in 2019 against They epitomized soccer’s el- “We came to fight,” 37-year-old it’s okay.”
but it’s so difficult. I mean awe. cannot be able to challenge. Now the program that was the run- emental harshness so that defender Noko matlou said. “We After all, they had just gotten
I’m in awe every single time. I it’s a different story: ‘I’m a player. ner-up to the United States that Kgoale said: “In the moment, came to play our football, and we going, really, and they can’t wait
feel like I’m fulfilling something You’re a player. I’m a human year. They showcased forward when you are presented with an came to show our culture, how to see where they go. They spoke
in me. And so every single touch I being. You’re a human being. Thembi Kgatlana, who plays for opportunity, you’ve got to use it, we play, and I think we did that.” from the sprouting of who knows
made, every single run, every We’re equals.’ All that’s left on the racing Louisville of the NSWL — and if you don’t, these are the “I think what’s different [from what.
single voice I heard, every single field is that the ball is rolling. It “She’s a great player,” Dutch kinds of conversations that 2019],” 25-year-old midfielder “maybe some of the players
moment, it was out of this world could go either way.” players declared — and who you’re going to have. But in the Linda motlhalo said, “I would can receive offers from these big
for me.” They took the pitch against a scored that stoppage-time goal end, if you are a footballer, if you say, our mentality.” teams because we really have got
Speak on, eloquent one. giant before a sellout of 40,233 against Italy on the fine cross are a sports person, we all know “We showed character,” brilliant players,” Kgoale said.
“Now we are more pompous,” who tilted toward the under- from Hildah magaia. They forced that these things happen. foot- Kgoale said. “So the journey’s interesting. I’m
she said. “We know what we dogs. They had the smaller Dutch goalkeeper Daphne van ball is heartbreaking! And this is “There are beautiful moments, really, really looking forward to
want from ourselves. We have chunk of possession all told but Domselaar into lunges and saves the moment when my heart is things we’ll never forget,” 28- what’s going to happen beyond
standards. Now it’s no longer the larger share of woolly both formulaic and acrobatic, broken. That’s all I can say.” year-old midfielder Kholosa Bi- this tournament.”
Despite stronger showing, U.S. team is hurt by familiar problems vs. Sweden
tactics from D1 ployed alongside Lavelle in an also provided cover for right back close to a winner in the 89th
attacking midfield duo, roamed Emily fox to pinch inside and minute when musovic steered
during which the United States as a lone playmaker between jump into the attack. When fox away her header, the game had
outshot its opponent 21-8 and wingers Sophia Smith and Trinity did just that in the 17th minute, been begging for Andonovski to
controlled 52 percent of the pos- rodman. making an inverted run into the take off the veteran, shift Smith
session (compared to 33 percent The impact was immediate. A box, Sonnett drifted to the right to center forward and bring on
for Sweden, with 15 percent con- U.S. attack that had become too and promptly snuffed out the Alyssa Thompson or Ashley San-
tested). reliant on the left side of Crystal ensuing Swedish counterattack. chez as a creative left winger.
for the first time at this World Dunn, Horan and Smith was When morgan finally came off in
Cup, Coach Vlatko Andonovski’s more balanced, with 11 final- Past mistakes resurface extra time, Andonovski instead
team looked the part of a con- third entries coming on that side, All of that tactical progress turned to 38-year-old veteran
tender. The tempo on the ball along with 10 on the right and 20 didn’t make a difference for a U.S. megan rapinoe, who followed
improved. Players attacked with in the central channels. Center team that couldn’t slip a shot past her group-stage struggles with
urgency. The tactics were correct. back Naomi Girma operated un- musovic (11 saves). With Andon- more errant touches and way-
Yet it was all for naught because der clear instructions to look ovski’s tenure likely to come to an ward set-piece service. As a final
of a heroic performance from downfield — she connected on 12 end following the worst U.S. fin- indictment of Andonovski’s ap-
Swedish goalkeeper Zecira muso- of 22 long balls as no one else ish in its 16 major tournament proach, rapinoe and fellow sub-
vic, three errant penalty kicks attempted more than eight — appearances, we’ll never know if stitute Kelley o’Hara missed in
and a near-dream of a save from stretching Sweden’s shape and this team was about to unlock the the shootout — unfortunate foot-
Naeher that instead is bound to opening space to build through right combination and tear notes to their stellar internation-
keep her up at night. midfield. (Girma also easily led through the rest of the World Cup al careers.
the United States with 36 line JAbin boTsford/The WAshingTon PosT
— something Coach Jill Ellis and Ultimately, though, the Ameri-
tactical tweaks pay off breaks for bypassing Sweden’s andi sullivan, left, playing with more midfield support, delivered the 2015 team did on their way to cans were undone by an inability
After three underwhelming attacking, midfield or defensive her best performance of the World cup in the loss to sweden. the title after a similarly bumpy to win their group. rather than
group-stage performances, in- units; her center back partner, group stage. rest players for the group-stage
cluding a 0-0 draw with Portugal Julie Ertz, had five.) The off-the- influence was exemplified in the good without Sonnett rising to So what went wrong? once finale, they had to play Lavelle
on Tuesday that nearly eliminat- ball movement was more fluid seventh minute, when she col- the occasion. Despite being an more, Andonovski’s substitution against Portugal and lost her to a
ed the United States even earlier, and the combinations were crisp- lected the ball in her own end, eight-year national team veteran strategy didn’t pay off. roundly suspension. rather than face
Andonovski made the formation er, especially in the first half. evaded the Swedish press and at her third major tournament, criticized for only making one 54th-ranked South Africa in the
tweak those games demanded pinged a switch to Horan to spark Sonnett had never been called swap in the 1-1 draw with the round of 16, they drew No. 3
and swapped out his overrun sonnett and sullivan excel an attack. Knowing Sonnett had upon in a match of true conse- Netherlands, Andonovski again Sweden. If the United States had
4-3-3 for a more disciplined 4-2- No longer outnumbered in the defensive midfield covered, quence until she entered late made a single sub through 90 delivered the performance we
3-1. deep midfield, Sullivan bounced Sullivan made a late run toward against Portugal. minutes Sunday (bringing on saw Sunday against nearly any
With attacking catalyst rose back from an up-and-down the top of the box and finished All Sonnett did Sunday was Lynn Williams for rodman, who other opponent, it would be in
Lavelle suspended for yellow group stage and delivered her the sequence by firing a shot wide connect on 56 of 60 passes, pac- had been battling an illness). The the quarterfinals. But a margin
card accumulation, the U.S. best performance of the tourna- — a miss, yes, but promising ing the United States with 93 United States never lost control, for error was a luxury this U.S.
coach inserted Emily Sonnett as ment, making nine tackles, pressure that pinned back Swe- percent accuracy while playing a but its early dominance gave way team surrendered when it sleep-
an additional defensive midfield- pouncing on 14 loose balls and den. position she has rarely filled on to a more back-and-forth affair as walked through the group stage
er next to Andi Sullivan. Captain pressing an opponent 13 times — That said, the formation the international level. In addi- fatigue settled in. — and didn’t wake up until it was
Lindsey Horan, previously de- all team highs. Her newfound change wouldn’t have done much tion to supporting Sullivan, she Although Alex morgan came too late.
with trade for Karlsson minnesota after the Wild selected The fireKeepers Casino 400 League — Arsenal took part as wORld Cup — ROuNd Of 16
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Harvey in 1961. The 33-year-old ensured he had enough fuel left penalty shootout after equalizing interrupted three times by rain with two-time Tour de france turf race and was euthanized,
Swede became the first player at to give Andretti Autosports its late in the 1-1 draw. before it was suspended at 15-15 winner tadej Pogacar, one-day according to the New York
the position to record 100 points 72nd all-time IndyCar victory. The match serves as a in the eighth game of the third set specialist Wout van aert and racing Association. irad Ortiz
in a season since Brian Leetch in Then four cars crashed, three into traditional curtain-raiser to the with Hibino leading 6-4, 6-7 (7-2), Mads Pedersen, a former world Jr., the leading rider at the
1991-92. . . . each other off the restart, forcing season and is typically played 5-2. . . . champion. . . . summer meet, was unseated. He
Defenseman Matt Dumba a red flag stoppage. . . . between the winners of last Mathieu van der Poel crashed A 4-year-old filly broke down was later cleared to ride the rest
agreed to a one-year, $3.9 million The NASCAr Cup Series race season’s Premier League and fA while leading the road race at the in the fourth race at Saratoga and of the card.
contract with the Arizona at michigan International Cup. world championships, breaking was euthanized, the second — From news services
monday, august 7 , 2023 . the washington post eZ sU D3
world cup
Australia’s
Kerr says BY G RAHAM C ORNWELL
she’s ready
Spain 5 denmark
cer team made its historic run to Final
the World Cup semifinals in De- Thursday, 9 p.m. (Fox) Sydney Saturday, 3 a.m. (Fox)
Netherlands 2 france
cember, fans across Africa and the Aug. 20, 6 a.m. (Fox)
for return
netherlands Tomorrow, 7 a.m. (FS1)
middle East celebrated the long- south africa 0 Morocco
awaited breakthrough.
Aug. 15, 4 a.m. (Fox) Aug. 16, 6 a.m. (Fox)
But the moroccan women’s run Japan 3 england
in this summer’s World Cup may Japan Today, 3:30 a.m. (FS1)
A SSOCIATED P RESS have an even bigger cultural and norway 1 Third-place match nigeria
social impact at home. Last week, Friday, 3:30 a.m. (Fox) Brisbane, Australia Saturday, 6:30 a.m. (Fox)
In the end, Sam Kerr wasn’t the Atlas Lionesses became the Sweden 0 (5) Aug. 19, 4 a.m. (Fox) Colombia
needed as Australia advanced to first Arab team to advance to the sweden Tomorrow, 4 a.m. (FS1)
the knockout stages of the World knockout round of the women’s United states 0 (4) Jamaica
Cup. World Cup, a moment that al-
But the matildas’ inspirational ready seems to have shifted some Germany-South Korea match. As and encouraged by King moham- one of the biggest stories to known before the start of the
captain is finally expected to get conventions in the North African word came in that Germany and med VI. (The king receives regular emerge from the team’s run in this tournament. Their popularity still
on the field against Denmark in nation. South Korea had tied — meaning shout-outs from the team; captain Cup has been Nouhaila Benzina, pales in comparison to that of the
the round of 16 on monday. The program itself is only 25 morocco would advance — the Ghizlane Chebbak posted a sim- who became the first woman to men’s team, but they are catching
“I’m really excited. I will play,” years old. When the United States chants gave way to pure elation. ple message — “God, King, Coun- wear a hijab in a World Cup up. for many, the players feel
Kerr told Australia’s Nine TV won its second World Cup trophy Cameras zoomed in on rkia maz- try” — on Instagram after the match. more accessible. fans have start-
network. in 1999, morocco’s women still raoui, a defender who had not latest victory.) A preview show on Last week on conservative ed referring to players by their
The star striker has been side- had just a single win in any set- played a minute in the three national television network 2m french TV network CNews, first names — something not
lined since injuring her left calf ting. The question of whether games. She fell to her knees, half- opened with a conversation be- Philippe Guibert called her wear- heard with the men’s team — and
on the eve of co-host Australia’s women should be allowed to play shouting, half-crying. tween two female comedians, one ing of the hijab “regressive” and following their every move on
first game against Ireland on soccer was still a subject of con- Back home, the conversation dressed as a man. The man initial- argued it was an insult to her Instagram.
July 20. versation in cafes, in newspapers was changing too, as morocco ly argues that “soccer is for men; teammates, whom she was im- The team’s success also has a
Though she recovered well and on TV and radio as recently as advanced to Tuesday’s round-of- women are better off baking,” but plicitly criticizing of immodesty. deep family feel. Chebbak, the
enough to make the bench two weeks ago, and there are still 16 meeting with former colonizer then is convinced that “times have many moroccans chuckle at team’s captain, regularly cites the
against Canada, Coach Tony plenty of skeptics. france, which eliminated the mo- changed and it’s time to watch the this. There, it is a nonissue. Plenty inspiration of her late father, a
Gustavsson didn’t have to ask the morocco’s first game, a 6-0 loss roccan men last year. After the Lionesses.” The bit is remarkable of female athletes across all sports former star who was part of the
Chelsea forward to perform a to two-time champion Germany, Colombia win, Knorr, a bouillon for how it tackles moroccans’ res- wear them, and plenty do not. “No national team that won morocco’s
rescue act as the matildas routed did not help. In a meme circulated company and a staple of the mo- ervations head-on — on the coun- one talks about it,” said Zineb only African championship in
the olympic champion, 4-0, to on social media, clips of the Ger- roccan kitchen, ran an ad with a try’s biggest television station. Srairi, a coach and former profes- 1976. Young women watch with
top Group B. man goals were matched up with picture of the World Cup trophy AS fAr, a storied men’s club sional player from Tangier. “Peo- their parents and siblings. “They
While it is still not clear if she a popular moroccan pop song in and a message that read: “Noth- affiliated with the royal military, ple will always focus on some- look like me, they look like my
will be in the starting 11 against which the singer counts from one ing other than Knorr belongs in has been a pioneer on the wom- thing strange, but here it’s really sister, even look like my mom,
Denmark, both Kerr and Gustavs- to 10. After the sixth goal, num- the kitchen. Congratulations to en’s front, claiming 10 league titles not something strange. It’s per- who wears a hijab — a bunch of us
son are talking as if she will make bers seven to 10 lined up with the Lionesses of the Atlas.” and winning the most recent Afri- sonal. . . . That’s it.” looking into the mirror,” Ennasri
her entrance at the World Cup at images of domestic life: a mop, “Before the girls started play- can Women’s Champions League. It’s perfectly common to see said.
Sydney’s Stadium Australia. laundry, a kitchen, a newborn ing, people said, ‘Go back to your “At a younger age, boys and families and groups of friends in Khawla Arhzaf, a 22-year-old
“We had a nice moment as a baby. The not-so subtle message kitchen,’ ” meryem ouelfatmi, a girls play football in the street, on which some women wear the hi- student from rabat, watches the
team yesterday, to see her back was that the loss was further proof 27-year-old from Khenifra, said in the beach, but at a certain age, we jab and some do not. To moroccan games with her brother. “It has
with the boots on and touching that women belonged in the an interview, “but then after they did not have structures to support fans, Benzina is simply a heroic been a big switch,” she said, “not
the ball and be with the team home. win they say, ‘oh, those are the girls,” said Bahya el Yahmidi, head defender who flung her body just for women but for men
training,” Gustavsson said Sun- And yet, a week later, a remark- Lionesses of the Atlas.’ The whole of the fAr women’s section and around the penalty area as moroc- watching the team and support-
day. “And it was a very good able turnaround saw morocco vibe changed after their success.” vice president of the national co clung to its 1-0 lead late against ing them.”
feeling for her and a very good knock off South Korea, 1-0, for its To some, it’s almost refreshing women’s championship. “We now Colombia. Before each game, Ennasri
feeling for the players and the first World Cup win and then that the team is finally being as- have neighborhood fields every- “I don’t even wear hijab, and hears from her father. He says the
teammates and a very good feel- somehow hang on to a 1-0 lead sessed by the quality of its play where, even in small towns.” she still empowers me,” said same thing every time. “Bnat gha-
ing for me. against a late onslaught from Co- and not by its existence. fAr’s investment in youth de- Jinane Ennasri, an American- di laabu,” he shouts in the moroc-
“Today she was off-feet. It’s all lombia — until then, one of the The cultural shift is intention- velopment has been crucial for moroccan sports photographer. can dialect of Arabic, “The girls
an individual plan for her in teams of the tournament. The al. It’s the product of decades of soccer around the country; other Where the men’s team came are playing. Come on.”
training — I trust my [medical] squad huddled together on the investment in coaching, facilities clubs are trying to emulate its into last year’s World Cup boast-
team 100 percent to prepare her pitch in Perth, Australia, chanting and recruiting by the royal federa- success. ing stars from some of European graham Cornwell is a writer and
the best way possible.” a du’a (a type of prayer) and wait- tion, led by a visionary federation Despite the progress of the do- soccer’s biggest clubs, the moroc- historian of the Middle east and
Gustavsson said he was work- ing on the result from the chief, fouzi Lekjaa, and inspired mestic game, on a global scale, can women were relatively un- north africa based in Lexington, Ky.
ing on “how to get the best out of
Sam Kerr” in the game.
Kerr is one of the biggest
sports stars in Australia and has
been the face of the country’s Pursuing third
straight title,
preparations for the World Cup,
which it is co-hosting with New
Zealand.
Considered one of the best
players in the world, she helped the U.S. team
falls well short
Chelsea earn a Women’s Super
League and fA Cup double last
season.
The 29-year-old Kerr was one
of the favorites to be the leading U.S. SoCCer from D1
scorer in this tournament, but
there were initial doubts she stage in program history, elimi-
would be able to play any part for nated in a seven-round tiebreak-
Australia after sustaining a calf er, 5-4, after 120 scoreless min-
injury in training. utes. In eight previous tourna-
She has won four league titles ments, the four-time champions
with Chelsea as well as three fA had always made at least the
Cups and two League Cups. semifinals. This result also
marked the first time the United
Walsh rejoins england squad States has gone two straight ma-
Keira Walsh gave England a jor tournaments without advanc-
potential boost ahead of its World ing to the final. (Two years ago, it
Cup round-of-16 clash with Ni- lost in the olympic semifinals in
geria when the midfielder was Tokyo.)
able to practice with the team “Until the last whistle is blown,
Sunday, one day before the elimi- you hope the ball didn’t cross the
nation match. line,” Coach Vlatko Andonovski
Walsh sustained a knee injury said. “That just shows how cruel
in England’s 1-0 win against Den- this game sometimes can be and
mark in the Lionesses’ second how a small, small detail makes
game of the group stage. Scans the difference between winning
showed she didn’t damage her and losing.”
ACL, but it wasn’t clear if Walsh The United States had a
would be able to play again this chance to secure passage to the
tournament. quarterfinals, leading 3-2 enter-
Walsh, who plays for Barce- ing the fifth — and scheduled
lona, participated in individual final — round of the tiebreaker. JaBin BoTsford/The WashingTon PosT
training to regain her fitness and Sophia Smith, a rising star who Sweden goalkeeper Zecira Musovic, who made 11 saves in leading her team to the World Cup quarterfinals, punches a U.S. corner kick.
finally rejoined her teammates in scored two goals in the opener,
Sunday’s practice. England plays sent her attempt flying over the (11-1) and corner kicks (9-3). scoring, she would have moved came as a late-game sub in a flashing to her left for a touch
Nigeria on monday in Brisbane, crossbar. “We did enough to get the job her team to the cusp of victory. group match four years ago and save. Horan could not believe it,
Australia, in a knockout game. Both teams converted in the done,” defender Crystal Dunn “It’s a sick joke to f---ing miss a last week against Portugal. Her covering her face with her hands.
England Coach Sarina Wieg- sixth round. Then in the seventh, said. penalty,” rapinoe said. previous U.S. start came in July Andonovski turned to his
man confirmed Walsh had re- after Kelley o’Hara hit the right Scoring, though, was a prob- That faulty shot proved to be 2022. bench 20 minutes into the second
turned to the squad and said post, Hurtig targeted the lower lem throughout the tournament. the last act of rapinoe’s extraor- from the start, the Americans half, replacing the battered rod-
“she’s doing well.” left corner. Naeher read it per- After scoring three against Viet- dinary career in major tourna- were organized and determined, man with Williams. The U.S. sup-
“We’ll wait to see how she fectly and blocked the shot. The nam in an unimpressive opener, ments. She had announced be- though breaking down Sweden porters roared their appreciation
recovers from the training ses- play was still active, though, and the U.S. team managed just one fore the World Cup that she remained a tall task. for the departing standout.
sion, and if she does well, she’s as the ball drifted toward the goal in its last three games. It was would retire this fall. A star on Trinity rodman, the 21-year- After a brief pause, the Ameri-
available for tomorrow,” Wieg- goal, Naeher made her desperate blanked by Portugal in its last the 2015 and 2019 championship old winger for the NWSL’s Wash- cans were at it again. With Julie
man told a news conference in move. group-stage match and, despite a teams, she was a secondary play- ington Spirit, was lively on the Ertz providing the defensive
Brisbane, declining to elaborate Initially, neither referee Steph- much-improved performance, er on this squad, and in three right side, getting into one-on- muscle, the Swedes failed to
further on the extent of Walsh’s anie frappart nor her assistant failed to find the target against appearances as a sub, she looked one situations that, regardless of make inroads until an 85th-min-
injury. “I can only say there indicated whether the ball had the beleaguered Swedes. very much like a 38-year-old the opponent, usually work in her ute threat.
wasn’t a ligament injury. That’s gone in. Players for both sides The scoring drought came nearing the end. favor. She drew two hard fouls, Alex morgan threatened to
all I can say right now.” stood motionless. What had just amid a strong defensive effort: “I wish we were moving on and won a corner kick and took the break the deadlock in the 89th
Wiegman agreed it appeared happened? just one goal conceded over 390 I could guarantee a champion- initiative with a 22-yard effort at minute with a six-yard header.
to be a possibly tournament-end- The video assistant referee minutes. ship and do all that,” she said. musovic and an angled bid that Again, musovic was up to the
ing when Walsh left the field then informed frappart via her Unlike in the previous match- “But I feel like it doesn’t take musovic parried aside. task, reacting to her right to make
against Denmark and “everyone earpiece: Good goal. Game over. es, the United States placed a away anything from this experi- The Americans continued to a two-handed block.
was in shock,” but she added: Sweden danced deliriously. The wealth of shots on target. muso- ence or my career in general. I grow more comfortable in the Six minutes into extra time,
“After the assessment, we said U.S. players broke down in tears. vic, however, punched, kicked, feel so lucky and so grateful to attack. Captain Lindsey Horan musovic denied morgan’s near-
‘just don’t make any assump- “It’s tough to have your World blocked and smacked away every- play as long as I have on success- nearly provided the break- post threat. She then dived to her
tions.’ Then we got the green Cup end by a millimeter,” Naeher thing that came her way. ful teams.” through in the 34th minute, right to push aside Williams’s
light” for the midfielder to start said. “I thought I had it. Unfortu- “She made some saves that not for much of Sunday’s match, heading Andi Sullivan’s corner angled shot headed for the far
rehabilitation. nately, it must have just slipped many goalkeepers in the world the United States looked as kick over musovic’s reach but off corner. In the 107th minute, she
Walsh joined Barcelona from in.” can make, and I can’t think of any though it would march on. the crossbar. reached up to punch out Smith’s
manchester City last year for a And with that, a gallant U.S. other reason why we’re out of the Andonovski’s lineup and tacti- As the half transpired, Sweden rising bid toward the near post.
reported fee of 400,000 pounds effort had fallen short. rebound- tournament,” Andonovski said. cal changes worked. Emily Son- enjoyed less and less possession. The shootout brought an end
($513,000), a record for women’s ing from poor performances in In the shootout, though, muso- nett’s first World Cup start only the halftime whistle inter- to the U.S. campaign — and
soccer. the group stage, the Americans vic did not make any saves. After brought structure to the defen- rupted the U.S. progress. initiated soul-searching after a
Despite concerns England dominated the match but failed converting their first three, the sive midfield. The Americans picked up historically premature exit.
wouldn’t be able to replace to solve Swedish goalkeeper Zeci- Americans were at fault on three Sonnett, who can fill a variety where they left off, dominating “We didn’t expect to be out in
Walsh, the Lionesses produced ra musovic, who made 11 sensa- of the last four. Aside from Smith of roles, was a member of the possession and buzzing with this moment,” Andonovski said.
their best performance of the tional saves. The United States and o’Hara failing to put the ball 2019 squad and has made 77 threats. In the 53rd minute, mus- “We didn’t expect to go out the
tournament in their final group finished with heavy advantages on target, megan rapinoe missed appearances, but until Sunday ovic made a tremendous save on way we did. It’s emotional. It is
game by beating China, 6-1. in shots (21-8), shots on target high in the fourth round. By her only World Cup minutes Horan’s thunderous one-timer, hard.”
d4 eZ sU the washington post . monday, august 7 , 2023
Baseball
national league american league
East w l pct gb l10 str cEntral w l pct gb l10 str wEst w l pct gb l10 str East w l pct gb l10 str cEntral w l pct gb l10 str wEst w l pct gb l10 str
atlanta 70 39 .642 — 6-4 l-2 Milwaukee 60 53 .531 — 3-7 l-1 los angeles 64 46 .582 — 6-4 W-1 Baltimore 70 42 .625 — 8-2 W-4 Minnesota 59 54 .522 — 5-5 W-4 texas 66 46 .589 — 7-3 W-6
Philadelphia 61 51 .545 101/2 6-4 W-2 cincinnati 59 55 .518 11/2 3-7 l-6 san Francisco 61 51 .545 4 6-4 l-2 tampa Bay 68 46 .596 3 6-4 W-1 cleveland 54 58 .482 41/2 3-7 l-2 houston 64 49 .566 21/2 6-4 W-1
Miami 58 55 .513 14 3-7 l-4 chicago 58 54 .518 11/2 7-3 W-2 arizona 57 56 .504 81/2 2-8 l-6 toronto 63 50 .558 71/2 6-4 W-3 Detroit 49 62 .441 9 3-7 l-1 seattle 60 52 .536 6 8-2 W-5
New York 50 61 .450 21 3-7 l-6 Pittsburgh 50 61 .450 9 6-4 W-1 san Diego 55 57 .491 10 6-4 l-1 New York 58 54 .518 12 4-6 l-1 chicago 45 68 .398 14 4-6 W-2 los angeles 56 57 .496 101/2 2-8 l-6
Washington 49 63 .438 221/2 6-4 W-4 st. louis 49 64 .434 11 3-7 l-1 colorado 44 67 .396 201/2 4-6 W-1 Boston 57 54 .514 121/2 3-7 l-4 Kansas city 36 77 .319 23 7-3 l-2 oakland 32 80 .286 34 4-6 W-2
e
Middle relief One-two punch atop order helps Nationals take three from Reds
corps lifts O’s nationals from D1
NAtiONAlS ON deck
to a sweep has paid dividends — the Nation- at Philadelphia Phillies
of New York
als are 15-10 since then. In this
stretch, Abrams is 34 for 103 Today 6:40 MASN
(.330) to go with four home runs Tomorrow 6:40 MASN2
and 16 stolen bases. He has been
more patient at the plate, walking Wednesday 6:40 MASN2
orioles 2, seven times against 16 strikeouts. Thursday 6:40 MASN2
Mets 0 And he has been more aggressive
on the base paths, swiping 24 vs. Oakland Athletics
consecutive bags without getting
BY J ACOB C ALVIN M EYER caught to tie a Nationals record Friday 7:05 MASN
held by roger Bernadina.
Saturday 7:05 MASN
BALTIMORE — During the Balti- Thomas had been the team’s
more orioles’ surge to the top of primary leadoff hitter, and he had Sunday 1:35 MASN
the American League standings, played well enough to earn all-
manager Brandon Hyde has fre- star consideration. He hasn’t vs. Boston Red Sox
quently said he’s wary of how been the same hitter since he
Aug. 15 7:05 MASN
much he has used his dominant moved into the No. 2 spot; he was
relief duo of Yennier Cano and 17 for 88 (.193) with 28 strikeouts Aug. 16 7:05 MASN
félix Bautista. in 22 games entering this series.
on Sunday against the New But he broke out here with two Aug. 17 4:05 MASN
York mets, Hyde managed his homers friday and two more hits
Radio: WJFK (106.7 FM)
bullpen as if its middle relievers Saturday before Sunday’s early
have the same fortitude as the fireworks. He added an rBI dou-
all-star pairing on the back end. ble in the fourth and a sac fly in Those guys are weapons, and it’s
Cionel Pérez, Cole Irvin and Shin- the eighth. fun to watch.”
taro fujinami — all of whom have “I feel like every time I come up
struggled this season — combined to the plate, there’s a guy on Roster moves
to pitch 31/3 scoreless innings to second and third,” he said. “So it’s Before the game, the Nationals
lead Baltimore to a 2-0 win at always better hitting like that. reinstated starter Trevor Wil-
Camden Yards, completing a You don’t have to do as much; you liams from the bereavement list,
three-game sweep. can just put something in play or optioned reliever Amos Willing-
orioles starter Kyle Bradish la- hit a flyball, and it relieves some ham to Class AAA rochester and
bored through 42/3 scoreless in- of the pressure. . . . Those guys are requested unconditional release
nings, giving up three hits and five making it easy right now.” waivers for right-hander Paolo
walks and hitting a batter. After he After Abrams and Thomas Espino. Williams, who missed his
loaded the bases with two outs in went deep, recent call-up Jake turn in the rotation Saturday, is
the fifth, Pérez got D.J. Stewart to Alu had a two-run double in the slated to start monday at Phila-
ground out, then pitched around a first inning to give Washington a delphia. Josiah Gray, macKenzie
two-out walk in the sixth. Irvin 4-0 lead. Gore and Patrick Corbin will fol-
and fujinami, both former start- rookie right-hander Jake Irvin low in the four-game series, with
ers, retired the side in order in the didn’t have his best outing; he each getting an extra day of rest.
seventh and eighth. allowed three runs over 41/3 in- Sunday’s move probably ends
That bridged the gap to Bautis- nings while striking out six. He Espino’s tenure with the Nation-
ta, who tossed a scoreless ninth for gave up two solo home runs — to als after four seasons. The 36-
his 30th save in his only appear- Joey Votto in a two-run second year-old, who had posted a 24.75
ance of the series. inning and to TJ friedl in the AAroN doSTer/ASSociATed PreSS
ErA over four innings, was on the
After recording 12 hits in each third to cut the Nationals’ lead to lane thomas, who had been struggling in the no. 2 spot, broke out with three homers in the series. injured list with a flexor strain of
of the first two games against New 4-3. Irvin has allowed 10 home his right ring finger. martinez
York, Baltimore won the finale runs in eight starts since June 27. finnegan each pitched for the tionals’ best hitter of the first half. “It makes my job a lot easier said Washington needed to clear
with just six. The two runs scored But Andrés machado cleaned up third straight day and tossed a Abrams has been arguably the when those guys do what they did room for other young pitchers.
on Adley rutschman’s and ryan his mess in the fifth. robert Gar- scoreless frame apiece. finnegan team’s best hitter in the second in the first,” Irvin said. “. . . Those Also, Washington reinstated
o’Hearn’s rBI groundouts, both of cia followed with two scoreless secured his 17th save as Cincinna- half. on Sunday, they helped guys are incredible, and it makes catcher Israel Pineda from the
them bobbled by mets infielders. innings in his Nationals debut ti (59-55) saw its skid reach six. Washington earn its second the [opposing] pitcher’s job a lot 60-day injured list and optioned
— Baltimore Sun before Jordan Weems and Kyle Thomas was arguably the Na- sweep of the season. harder at the top of the order. him to Class AA Harrisburg.
gOlf ROuNduP
Glover captures first win in over two years, clinches PGA Tour playoff spot
A SSOCIATED P RESS Lucas Jr., came out to the green. Glover now has five PGA Tour He did one better, pulling away DeChambeau holed a 35-foot the Evian Championship last
“Daddy, you won!” the son said. wins separated by 18 years, and after the rain delay with plenty of putt on the par-3 18th and leaped week for her first major title.
Lucas Glover did more than His daughter was in tears. there might not have been an- help from Henley. in the air with both arms extended The No. 4-ranked french player
extend his PGA Tour season Sun- Justin Thomas ended his sea- other except for deciding to It was the second time in three to celebrate his lowest score ever. shot 2-under 70 in her final round
day. He won the Wyndham Cham- son with a shot he won’t soon switch to a long putter, a move years that Henley let one get away DeChambeau finished at 23- in Irvine to clinch back-to-back
pionship with a 2-under-par 68 forget. He needed to chip in for inspired by Adam Scott. He had at Sedgefield. When play re- under 187 for a six-shot victory wins and will head into the up-
that sends him into the fedEx Cup birdie on the 18th hole to make been battling the yips, and he sumed, he took the lead with a over mito Pereira. coming British open with plenty
playoffs with more big opportuni- the playoffs, but his pitch from made every important putt at two-putt birdie on the par-5 15th, Jim furyk had a 58 in the of confidence.
ties in front of him. 100 feet away smacked off the Sedgefield Country Club. then everything went wrong in a Travelers Championship on the Boutier curled in a long right-
Glover managed a two-hour base of the pin and settled inches The Wyndham Championship bogey-bogey-bogey finish. PGA Tour in 2016, while ryo to-left putt on No. 17 and was able
rain delay in Greensboro, N.C., away. Thomas fell to the ground in is the final tournament before the l liV GolF: Bryson DeCham- Ishikawa at The Crowns in 2010 to walk down the par-5 18th at
and took advantage of a faltering disbelief. top 70 qualify for the fedEx Cup beau became the fourth player on and S.H. Kim at the Golf Partner Dundonald Links in some com-
russell Henley to win for the first Now he has to wait three weeks playoffs that start next week in a top-level tour to shoot 58, mak- Pro-Am in 2021 each shot 58 on fort en route to a two-shot victory
time in more than two years and to see if his worst season — this is memphis. ing birdie on his last four holes in the Japan Golf Tour. over Hyo Joo Kim.
earn an unlikely spot in the lucra- the first time Thomas has failed to Glover was at No. 112, a long the LIV Golf-Greenbrier to finally l lPGa toUR: Celine Boutier The South Korean birdied the
tive postseason. After his final make the playoffs — will cost him shot who needed nothing short of capture his first title on the circuit won the Scottish open by two last hole to post 65 and finish 13
putt, his two children, Lucille and a pick for the U.S. ryder Cup team. a runner-up finish. in White Sulphur Springs, W.Va. strokes to back up her victory at under overall.
D6 eZ M2 the washington post . monday, august 7 , 2023
Gauff cruises to her first 500-level title at DC Open After her triumphant return,
dc opEn fRoM d1 well and her own serve faltering.
Biles is eyeing third Olympics
Gauff drilled seven aces, including
Had Gauff won at Rock Creek two on her second serve, but felt bIlES fRoM d1 told to be more “cheery” and de-
Park Tennis Center in any previ- her steady forehand did the most vote more energy to helping team-
ous year, she would have collected damage. believes she can achieve more. mates who struggled. At the time,
another title from a 250-level tour- “How everybody’s going to play “With the proper work and the Biles admitted she felt she had
nament, the lowest designation on me on the scouting report is pretty proper help,” she said Saturday “the weight of the world on my
the WTA tour. But because the DC clear,” Gauff said, referring to op- night, “I knew I could come back shoulders.” Eventually, it all be-
open women’s field was elevated ponents attacking her forehand, and hopefully have a shot.” came too much. A vault gone
to a 500-level event this year, Gauff which she hits with an extreme And in her season debut, Biles wrong during the team final — she
adds more heft to her trophy cabi- western grip to create topspin. “I earned the world’s top score of intended to perform 21/2 twists but
net — quite literally. She was sur- think that consistently this week I 2023 and surpassed the mark that felt lost in the air and only did 11/2 —
prised by the weight of the black- have beaten that scouting report, won gold at the world champion- led to her withdrawal. She pulled
and-silver trophy named for one of and I think that’s why the players ships last year. But before looking out of the all-around final, then
the tournament’s founders, Don- tend to get a little more frustrated. toward this year’s world champi- the medal events for vault, bars
ald Dell, but “I [don’t] go to the . . . She clearly had a plan, and I onships and the 2024 olympics, and floor. Biles left Tokyo with a
gym for nothing,” she said with a think that I kind of just made that Biles wants to appreciate this ac- team silver and a bronze on beam.
laugh before she hoisted the hard- plan fizzle out a little bit.” complishment. on social media, strangers still
ware onto her hip. Gauff said she feels her fore- The U.S. Classic is often per- pelt Biles with unfiltered criti-
By finding a balance between a hand is slowly becoming less of a ceived as a final tuneup before cism. In the arena Saturday, fans
lighter attitude and a steely focus liability and more of a weapon as nationals, a two-day meet in welcomed her with the opposite
on the court, Gauff played some of she looks ahead to the two tourna- which Biles will compete this sentiment. Ear-piercing screams
her best tennis of the year in her ments remaining, in Montreal and month. The stakes increase as filled the venue each time Biles’s
first tournament after a surprise suburban Cincinnati, before the gymnasts advance to the trials for name echoed from the sound sys-
first-round loss to Sofia Kenin at U.S. open. Her coaches are help- the world championships and tem — and particularly when she
Wimbledon last month. A domi- ing her in that regard, and a new- then to that global showcase. performed her astonishing skills,
nant serve, more confidence in her found willingness to show her “When you get married, they warmups included.
forehand and an aggressive game Minh Connors/the Washington Post goofy side is tying it all together. ask you when you’re having a “They still love me,” Biles said.
plan courtesy of a new coaching “I’m not going to sit here and act like this is the best tennis I can “I’m not going to sit here and act baby,” Biles said. “You come to “And it just makes my heart warm
team propelled her to four play. I do think that I can get better,” coco Gauff said after her win. like this is the best tennis I can Classics, they’re asking you about because it’s nice to come out here
straight-sets wins, three of which play. I do think that I can get the olympics. I think we’re just and have all that support, espe-
came against top-20 opponents, brothers before explaining that played in. This year, she had lost better,” Gauff said. “. . . I’m really trying to take it one step at a time.” cially in a time like this where I
including the ninth-ranked Sak- they were at a family birthday all five of her semifinal matches hard on myself, so even today in Still, Biles can see how Paris was really nervous to compete
kari. party in New orleans, so she didn’t before finally breaking through the match, I can sit here and I’ll might unfold differently than To- again.”
Gauff’s athleticism also served know if they were watching. At her against Jessica Pegula on Satur- talk to my coaches and I can tell kyo. She has said she sees a thera- She heard those fans, even fri-
her well. The conditions were slow news conference afterward, she day. them — there were points I won pist weekly, and after this compe- day when just a few hundred
and heavy because of the heat and briefly answered a faceTime call “I just don’t really care any- today, and I would look at my box, tition, she told Landi that she be- watched the pre-meet training
humidity. Rallies that ordinarily from one of them, rolling her eyes more,” she said with a smile more [and] I’m like: ‘I shouldn’t have lieves she’s better, mentally and session. Biles began the practice
would have been quick on hard at the timing. than once after that match when won that point. I hit the ball too physically, than she was in 2021. on bars, and the small crowd mus-
courts were drawn out, and more “I’m at press right now, bro. I’ve asked if her semifinal record was short.’ They’re like, ‘It’s part of the She didn’t ease back in with sim- tered a big cheer when she landed
power than usual was required to got to call you later,” she said be- on her mind. “They have made game.’ ” ple routines Saturday, instead sol- her full-twisting double tuck dis-
put away a winner. The slow ball fore hanging up. “That’s the first YouTube videos of my losing semi- It was shortly before 5 p.m. idly performing ones similar to mount. Biles interpreted that to
gave players time to run down time he’s called me in, like, two finals. I’m like, ‘Whatever.’ ” when Gauff finally left Stadium what she has done in the past. She mean the fans understood the sig-
every shot should they want to, months. I’m not even kidding. I’m Gauff won the first set in Court after signing autographs for also noted the next olympics nificance: She’s twisting again
which Gauff always does. Hardly usually the one calling him.” 42 minutes, which included a brief wave after wave of fans, mostly won’t take place under the Tokyo without issues.
anyone on tour is as quick as her, Armed with an attacking mind- pause for the first of two mid- children. She explained how Games’ intense coronavirus pro- Biles said her return has been
and even Sakkari, the biggest gym set and the confidence of three match, heat-related medical meaningful her position as a role tocols, which prevented family emotional for many — her coach-
rat in women’s tennis, couldn’t good wins behind her, Gauff emergencies involving a specta- model is before laughing while members from attending. And es, her parents, her agent and
keep up with Gauff’s young legs. leaped to a 3-0 lead as Sakkari let tor. She estimated Sakkari served describing all of the personal ef- she’s learning how to manage the some USA Gymnastics staffers.
During her acceptance speech, her nerves dictate her play early about 80 percent of the time to her fects people request from her after pressure of being one of the They were with her through the
Gauff ran through the routine on. The final was the 28-year-old weaker forehand side, and she sur- a match that she has to deny — not world’s best and most famous ath- Tokyo olympics, and they’ve seen
thank-you list for her team, in- Greek’s chance to get back on prised the Greek with solid re- just her shoes but her hair ties, her letes. the journey back. This weekend
cluding new coaches Pere Riba track after struggling in late turns. bracelets and even her earrings. In Tokyo, Biles said someone brought relief, and now Biles’s
and Brad Gilbert, the latter of rounds over the past few years. They traded breaks in the sec- Another thing she wouldn’t be from “our inside team” — she de- path toward a third olympics has
whom she also called a “consul- Her lone WTA title came in 2019, ond set, but Sakkari could never giving up? That weighty, brand- clined to name whom — referred begun.
tant” this past week. She then di- and since then she has lost the six get enough purchase to shift mo- new piece of hardware. The trophy to her as “our gold medal token.” “Nobody’s forcing me out here,”
verged, shouting out her little championship matches she has mentum with Gauff serving so was all hers. After practices, Biles said, she was she said. “This is truly [for] me.”
NFL NOTES blood thinners to help him regu- 123 consecutive games, five shy of tin Houston on a one-year con- l pAcKERS: Green Bay nar-
late the condition. But he’s not the franchise record held by long tract. rowed its backup quarterback
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