Advertise – Tempo Visuel Tue, 27 Sep 2022 19:09:31 +0000 en-US hourly 1 Advertise – Tempo Visuel 32 32 Risk parity funds did not work as advertised Tue, 27 Sep 2022 18:46:44 +0000

At times like these, when nothing seems to be working in the financial markets, risk parity strategies should act as a kind of shock absorber. It’s a simple concept, really. Unless you have reason to believe that one investment is better than another, you should take equal risk in each. This gives you maximum diversification, and diversification is still the only free lunch in finance.

Risk parity gained popularity during the crash of 2008, but interest gradually declined over the following years when the stock market only rose. Diversification has become cool again since the start of the pandemic as a mitigant in an uncertain and unstable world. But these funds have not always managed to perform as advertised, leaving investors, especially non-professionals, with unexpected losses.

While risk parity has been interpreted in various ways, the working definition for asset managers today is a fund that tries to take equal volatility between stocks, bonds and commodities, with overall volatility target which is most often 10% per year. This is approximately the volatility of a classic portfolio invested 60% in stocks and 40% in bonds. But because equities are more volatile than bonds, 60/40 has taken 82% of its equity risk over the past 10 years and therefore gained only limited diversification benefit from bonds and none from commodities. . In theory, and based on empirical evidence going back decades, risk parity should deliver consistently better returns with the same volatility as 60/40.

However, over the past 10 years, taking excessive risk on stocks has been a winning move. Equities averaged 10.9% pa, bonds -0.9% and commodities -0.4%.(1) As a result, the risk parity index did not reported as 6.0% with a realized volatility of 10.8%, compared to 6.3% with a volatility of 10.1% for a 60/40 Portfolio.(2)

But as Cliff Asness, chief investment officer of AQR Capital Management LLC (who I spent a decade working for) points out, that’s not the way to look at it for most investors. If you had to choose between putting all your money in a risk parity fund versus 60% in stocks and 40% in bonds, you would choose the higher return and lower volatility. But most investors think of adding risk parity to an existing portfolio. Risk parity has an “alpha” relative to 60/40, which means that a combination of risk parity and 60/40 does better than 60/40 alone. If you put 20% in risk parity and 80% in 60/40, you’ve had an annual return of 6.3% over the past 10 years, with volatility of 9.8% — essentially the same return as 60 /40 with a little less volatility.

While these statistics are not inspiring, remember that they were made during the longest equity bull market in history, when bonds and commodities lost money. Few investors have the confidence that will characterize the next 10 years. Given that risk parity was only slightly below 60/40 on an absolute basis, and added value when combined with 60/40, in the worst possible market, there is reason to think it might be a good addition to stock/bond portfolios in the future.

Stocks are down 16.5% with 19.8% volatility over the past year, and bonds are down even more, 19.8% with 6.3% volatility. Thus, 60/40 was crushed, losing 17.5% with a volatility of 13.5%. In this disastrous year, risk parity didn’t work well – two-thirds of its risk was in underperforming assets – but it was helped by a record 22.9% return for commodities. (although with an exorbitant volatility of 20.2%). Net income was a down year, minus 11.3% with volatility of 14.3%, but a strong performance compared to 60/40. Over the past year, an 80% 60/40 portfolio with a risk parity of 20% added 1.2% to annual returns and reduced volatility by 0.5% compared to a pure 60/40 portfolio .

Unfortunately, while risk parity works in theory and has a respectable track record over the past decade, the risk parity funds made available to the public have not lived up to the theory. The table below shows statistics for some public funds over the past year (the UPAR Ultra Risk Parity ETF only has 36 weeks of data and AQR has renamed its risk parity fund, although it still follows the principles of risk parity while having added active management).

Why do most public funds lag so far behind the index? Two reasons. First, the S&P Risk Parity Index ended up taking 5.0% volatility on stocks, 6.2% on commodities and 6.5% on bonds. Of course, it tries to achieve equal volatility across all three asset classes, but it’s impossible to perfectly predict future volatility. The RPAR allocation was 4.1%/2.4%/5.3%, a significant underweight in commodities. PanAgora did better, 6.0%/4.5%/5.2%, but still underweight commodities. UPAR was unbalanced with 9.2%/3.6%/7.5%. Wealthfront actually had short equity volatility, with -1.1%/3.0%/4.0%. Only the AQR was close to parity with 3.9%/4.6%/4.7%.

The second reason was performance relative to a constant allocation. The S&P Risk Parity Index beat a constant allocation to the three asset classes by 9.0%. This outperformance stems from the modification of allocations during the year to maintain constant volatility, which contributed significantly to performance. Basically, volatility rose in asset classes before prices fell and fell before prices rose.

The RPAR lost 2.9% due to the constant allocation, which in addition to the change in allocation is caused by the fees (the S&P index and the component indices are displayed without fees) and also by the selection of portfolios stocks, commodities and bonds that differ from indices. PanAgora lost 5.5% at constant allocation, UPAR lost 4.7% and Wealthfront lost 13.0%. Only the AQR fund wins, 5.9%.

This is not a year calculated to bring investors back to risk parity. Most risk parity funds in the market have provided dismal returns and even the best fund and the index have lost money. Quants will continue to sing the praises of diversification and alpha, but until retail risk parity managers can get closer to theory and we get a period of actual positive returns, I think risk parity will remain an institutional strategy.

More from Bloomberg Opinion:

• So you say you are bearish, but are you really? :Jonathan Levin

• Why investors face even more instability: Mohamed El-Erian

• CME becomes DraftKings of Exchanges: Jared Dillian

(1) For equities, this is the S&P Eurozone, US and Japan LargeMidCap index. All indices are in US dollars and represent total returns. For bonds, this is the S&P Global Developed Aggregate Ex-Collateralized Bond Index. For commodities, this is the Dow Jones Commodity Index.

(2) This is the S&P Risk Parity Index – 10% Target Volatility.

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

Aaron Brown is a former Managing Director and Head of Capital Markets Research at AQR Capital Management. He is the author of “The Poker Face of Wall Street”. He may have an interest in the areas he writes about.

More stories like this are available at

]]> Ad Campaigns…Colors of Attraction – ARAB TIMES Sat, 24 Sep 2022 18:49:21 +0000

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Print election advertisements in decline in Kuwait

KUWAIT CITY, September 24: Choosing the right colors for any advertisement makes all the difference between scaring off customers and/or bringing them into your store, restaurant or even election campaign. In Kuwait’s National Assembly elections in 2022, parliamentary hopefuls choose their campaign designs and slogans, but they’ve focused their attention on choosing the most eye-catching formation to say they’re here and ready to serve the people. In an interview with the Kuwait News Agency (KUNA), art critic professor Dr. Reham Al-Rughaib said roads in Kuwait and various media platforms were overrun with election campaigns using an assortment of colors with varying degrees of alleged attractiveness.

A large number of male and female voters flocked to a number of electoral seats

Some candidates use certain colors to display their political and ideological alignments, she said, revealing that she noticed blue was mostly used by male candidates to evoke feelings of calm and tranquility. If a candidate uses the color red, he mostly emits feelings of courage and confrontation, which some like about MPs, Dr Al-Rugaib said. Orange says the person is trying to be creative, yellow reflects happiness, gray represents an unbiased view, white is reflected on the dishdasha (traditional clothing worn by men) that most applicants wear, and black is usually used for fonts, she said. For her part, psychology consultant and color therapist Suhair Al-Mufidi said colors play a vital role in attracting votes because of their scientific and psychological impact on human beings. People usually choose warm colors such as orange, red and yellow to attract attention, while cool colors are used to radiate calm and peace, Al-Mufidi added.

Those who use a combination of black and gold in their campaigns mean that they live by being authoritarian and prestigious in the case of black and silver, the candidates displayed authoritarian tendencies and a social nature, a- she added. Dr. Saleh Al-Saeedi, a professor of psychology at Kuwait University (KU), also said that choosing the right color was important to show where the candidates came from and what they were ready to do for them. reach parliament. Dr Al-Saeedi said the color orange, for example, was mainly used to display affiliation to certain groups or blocs, adding that some candidates would choose colors to calm people down and try to trust their abilities.

On the commercial front, advertising company partner Abdullah Al-Fadhli said most candidates in this year’s elections preferred to choose the colors of the Kuwaiti flag in their advertisements. Blue was the most popular color, while red and orange have an equal presence on various billboards and social media ads, he added. Al-Fahdli’s colleague at the same company and head of marketing, Abbas Mandani, noticed that most candidates did not deviate when using colors for their campaigns. Mandani that far beyond the choice of color to use in advertising, there is an overwhelming sense of change on the horizon when it comes to this election.

Meanwhile, print election advertisements appeared to be on the decline, especially during the current campaign for the 2022 National Assembly elections in Kuwait on September 29. computers. This apparent decline of print media was not born recently, it coincided with the huge leap in technology seen in our modern age. Speaking to KUNA on the matter, the editor of Al-Anbaa news daily, Mohammad Al-Husseini, said that election campaigns in recent years have seen a decline in advertising using the print medium, noting that around 85% of advertisements in newspapers these days look to social media platforms for praise.

Print media typically target petitioners, business leaders and likely government employees, Al-Husseini added. The high cost of advertising in print media also appears to be a culprit for the decline, he said. Meanwhile, Abdullah Al-Ulaiyan – editor of Al-Nukhba online news – said print media has not completely disappeared from the scene, revealing that a large part of the public still read print newspapers. Some preferred to read the daily via PDF format, Al-Ulaiyan noted, adding that newspapers these days are also venturing into platforms such as YouTube, WhatsApp and others to deliver their content to the masses. He indicated that the whole idea of ​​killing print media was far-fetched, saying that digital media could not undo its print counterpart and vice versa.

Traditional media like radio, television and newspapers could expand their reach and have a digital arm to continue being relevant nowadays, Al-Ulaiyan added. For his part, media professor at Kuwait University (KU), Dr. Mohammad Al-Otaibi, said the decline in election advertising in the print media was not something recent, the advent and the proliferation of social media had played a crucial role in this regard. Social media and the digital platform have a wide and extensive reach, attracting thousands if not millions of audiences, he noted, indicating that candidates in these elections had paid attention to the power of digital media to attract voters and convince them to give them their vote. Despite the massive reach of digital media platforms, Kuwaitis still prefer to visit candidates’ headquarters to see what they have to offer in the 2022 National Assembly elections. Eligible voters seem to be obsessed with the idea that they need to see the candidates in person before deciding to vote on September 29. (Report by Sahad Kamal, Nasser Al-Otaibi and Nasser Al-Shalabi – KUNA)

Major Giants UnitedHealth Group, Liberty Mutual, GEICO – InsuranceNewsNet Fri, 23 Sep 2022 00:29:26 +0000

New JerseyNJ–(SBWIRE)– 09/22/2022 – The insurance advertising market has witnessed continuous growth over the past few years and is expected to grow at a good pace during the forecast period 2022-2028. Exploration provides a 360° view and insights, highlighting key findings from Insurance Advertising industry. This information helps business decision makers formulate better business plans and make informed decisions to improve profitability. Moreover, the study helps emerging or emerging players to understand the businesses to make informed decisions. Some of the major and emerging players in the market are UnitedHealth GroupLiberty Mutual, GEICO, Allstate Corporation, Berkshire Hathaway, The progressive societyMetLife, State Farm Mutual, National Mutua, Admiral groupAmerican family mutual, Farmers Insurance Group and Hastings Insurance.

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By End Users/Application, the market is sub-segmented as follows: Non-health insurance and life insurance
Breakdown by Type, the market is categorized as: Conventional Marketing, Network Marketing, Mobile Marketing and Others

Players featured in the report: UnitedHealth GroupLiberty Mutual, GEICO, Allstate Corporation, Berkshire Hathaway, The progressive societyMetLife, State Farm Mutual, National Mutua, Admiral groupAmerican family mutual, Farmers Insurance Group and Hastings Insurance

Regional analysis for the Insurance Advertising Market includes: North America, Europe, Asia Pacific etc

The Global Insurance Advertising Market study covers the ongoing status, percentage share, upcoming growth patterns, development cycle, SWOT analysis, sales channels and distributions to anticipate scenarios trend for years to come. It aims to recommend market analysis by trend analysis, breakdown of segments and contribution of players in Insurance Advertising market recovery. The market is sized by 5 major regions namely, North America, Europe, Asia Pacific (understand Asia & Oceania separately), Middle East and Africa (AME), and Latin America and broken down by jurisdiction over 18 or country as Chinathe UK, Germany, United States, France, Japan, Indiagroup of Southeast Asian and Nordic countries, etc.

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For consumer-centric data, demand or survey analysis can be added to the final deliverable as part of the customization which would include analysis and consumer behavior of the insurance advertising market by demographic factor such as age, gender, occupation, income level or education. {*subject to data availability and feasibility}

Consumer specs include the following models**
Consumer buying habits (e.g. comfort and convenience, economy, pride)
Client lifestyle (e.g. health conscious, family oriented, active in the community)
Expectations (e.g. service, quality, risk, influence)

Key Highlights of the Global Insurance Advertising Market Considered in the Analysis

Insurance Advertising Market Metrics and Parameters Covered in the Study: Report Highlights Insurance Advertising market characteristics such as segment revenue, weighted average selling price by region, capacity utilization rate, production and production value, gross margin percentage by company, consumption, import and export, demand and supply, cost benchmarking of finished product in Insurance Advertising industry, market share and annualized growth rate (YoY) and % CAGR.

Key Strategic Developments of the Insurance Advertising Market: Activities such as Research and Development (R&D) by phase, Merger and Acquisition (M&A) ongoing and completed [deal value, purpose, effective year]joint ventures (JV), technological combinations, partnerships and collaborations with suppliers, agreements, new launches, etc. taken by players in the insurance advertising industry during the planned study period.

What unique qualitative insights are included in the Insurance Advertising market research?
The Global Insurance Advertising Market report provides the rigorously researched and assessed data of the major industry players and their scope in the market through various analytical tools. To get an in-depth analysis; qualitative comments on changing market dynamics {Drivers, Restraints & Opportunities}, PESTLE, 5-Forces, Feasibility Study, BCG Matrix (% ​​Share vs % Growth), SWOT by Players, Heat Map Analysis, etc. . have been provided to better correlate the product of the key players offering in the market.

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Excerpts from the table of contents:
1. Insurance Advertising Market Overview
– Market overview
– Definition
– Product classification
2. Dynamics of the insurance advertising market
– Drivers, Trends, Constraints……
– Analysis of market factors
3. New entrants and barriers to entry
4. Standardization, Regulatory and Collaborative Initiatives
– Analysis of manufacturing processes
– Industrial/supply chain analysis, sourcing strategy and downstream buyers
5. Competition in the global insurance advertising market by manufacturers
6. Market value of insurance advertising [USD]Capacity, Supply (Production), Consumption, Price, Export-Import (EXIM), by Region (2016-2020)
7. Insurance Advertising Revenue (Value), Production, Sales Volume, by Region (2022-2028)
8. Insurance Advertising Market Trend by Type {, Conventional Marketing, Network Marketing, Mobile Marketing and Other}
9. Insurance Advertising Market Analysis by Application {Non-health insurance and life insurance}
10. Insurance Advertising Market Manufacturers Profiles/Analysis
– Market Share Analysis by Manufacturers (2020)
– Manufacturer profiles (overview, financials, SWOT, etc.)
– Distributors/Traders connected
– Marketing strategy by main manufacturers/players


To View Full TOC Click Here @

Thank you for reading the Global Insurance Advertising Industry research publication; you can also get individual chapter wise section or region wise report version like America, LATAM, EuropeNordic Nations, Oceania Where South East Asia or just East Asia.

About the Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire research and advisory services to empower businesses with growth strategies, delivering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that help decision-making.

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Florida officials fabricated ‘official-looking’ bogus pamphlet advertising refugee benefits for migrants, lawsuit against Ron DeSantis alleges Wed, 21 Sep 2022 01:01:53 +0000

Florida Governor Ron DeSantis speaks during a press conference on September 7, 2022 in Miami, Florida.Rebecca Blackwell/AP

  • Migrants who were airlifted to Martha’s Vineyard filed a lawsuit against Governor Ron DeSantis on Tuesday.

  • The migrants were led to believe they would receive refugee benefits upon arrival, according to the lawsuit.

  • They received “official-looking documents”, including a brochure “fabricated” by Florida officials.

Florida officials and agencies used several tactics to lure migrants onto a charter flight to Martha’s Vineyard, including fabricating a bogus pamphlet that claims to receive refugee benefits, according to a class action lawsuit.

On September 14, 50 migrants, most of them from Venezuela, were flown in two chartered planes from Texas to Martha’s Vineyard as part of a political stunt by Florida Governor Ron DeSantis to criticize border policies under the Biden administration. .

Now, a group of those migrants are taking action against DeSantis and other state officials and agencies in a class action lawsuit filed Tuesday. Lawyers representing the migrants accused DeSantis and Florida officials of plotting an “unlawful scheme” to “defraud vulnerable immigrants to advance a political motive.”

Part of this “plan,” according to the lawsuit, was to make “false promises and misrepresentations” of potential jobs and housing, among other benefits, upon arrival at Martha’s Vineyard.

For example, just before arriving on the island, migrants received a “shiny red folder” filled with “official-looking documents”, including a pamphlet titled “Massachusetts Refugee Benefits”.

The pamphlet contained misleading information about resettlement assistance that, in reality, was not available to migrants seeking asylum in Massachusetts, as Insider previously reported.

The lawsuit goes further, accusing DeSantis and other officials of fabricating the leaflet entirely.

“On Information and Belief, the pamphlet was fabricated by the defendants,” the lawsuit reads, adding that it “echoes the type of misrepresentation” migrants were receiving by word of mouth, such as a assistance with accommodation, food and employment. within the first 90 days of arrival in Massachusetts.

Brochure for migrants

Lawyers for Civil Rights says migrants bound for Martha’s Vineyard received this pamphlet promising money, placement and more.Civil Rights Lawyers

According to the lawsuit, the pamphlet also borrowed language from an existing state program, the Massachusetts Refugee Resettlement Program, for which none of the migrants were eligible.

“This pamphlet was not prepared by the Massachusetts Office for Refugees and Immigrants, or any other Massachusetts agency or immigration service organization,” the lawsuit states.

A representative from the state’s Office of Refugees and Immigrants did not immediately respond to request for comment.

Read the original article on Business Insider

The Moodie Davitt Report -The Moodie Davitt Report Sat, 17 Sep 2022 22:47:41 +0000

INDIA. Daily newspaper India time has launched a digital outdoor advertising (DOOH) campaign “The Times of a Better India” in partnership with outdoor advertising specialist Times OOH. It is executed in 981 digital media units in airport terminals, shopping malls, metro and corporate complexes.

The campaign – which highlights positive news and events from India in the 75 years since Independence Day – will run for 15 days across digital advertising media in Mumbai, Delhi, Chennai, Hyderabad, Pune and Bangalore.

Times OOH said the campaign aims to communicate a wide range of stories about India, using a series of intriguing images that inspire viewers to “think and experience the unique aspects of India”.

The outdoor sites chosen are digital to ensure flexibility in sharing multiple stories throughout the campaign

He said the DOOH campaign format “allows people to appreciate the beauty of India through big and beautiful images”.

A spokesperson for India time said: “The campaign explores the continuum of change and positive development that India has witnessed since independence, where each decade has built on the progress of the previous one.

“It’s about delving into the drivers of change from the past, their impact on the present, and a state check of what the future may hold. Critically, the campaign also asks questions about whether the success of certain sectors is actually moving the country forward and what more could be done.

Times OOH Commercial Director Anchal Dhawan said: “The Times of a Better India is a progressive campaign in many ways. The campaign shines a light on positive happenings and happenings in India and asks the right set of questions to the public to persuade them to reflect on the country’s progress. Secondly, it is one of those innovative campaigns that was conducted solely on the OOH digital medium, which is still rare in the Indian OOH industry.

He added, “It’s high time brands understood the power of digital displays and the value DOOH adds in the campaign in terms of multi-creation, improved communication effectiveness and audience engagement with a better possibility of narration. We think it is commendable to India time team to realize the power of DOOH and use it.

Times OOH offers complete multimedia solutions in airports, metro and street furniture in India and Mauritius.

To note: The Moodie Davitt Report is the only international business media to cover all airport or other travel-related, revenue-generating and other consumer services. Our reports include duty-free and other retail, food and beverage, real estate, passenger lounges, art and culture, hotels, parking lots, medical facilities, internet, advertising and sources related income.

Hopes the new Primark will soon open in Craigavon ​​as vacancies are announced Fri, 16 Sep 2022 08:55:31 +0000

There are high hopes that the retail giant will open its doors well before Christmas as work is at an advanced stage in the Rushmere shopping centre.

The retailer is taking over the former Debenhams store which closed 16 months ago.

The appearance of jobs on Primark’s website has given hope to the beleaguered Rushmere shopping centre, which went into liquidation in June this year.

Hope Primark will soon open its new store at Rushmere Shopping Center in Craigavon.

Jobs include full-time and part-time positions. People announced are Visual Merchandising Retail Assistant, People and Culture (HR) Supervisor, Cashier Retail Assistant, Operations Support, Weekend reserve retail assistant, cashier retail assistant weekend, retail assistant, weekend and evening retail assistant.

Most jobs pay a wage of just over £10.10 an hour.

Read more

Read more

Era ends as Debenhams sign at Craigavon’s Rushmere shopping center falls…

For example, the Retail Assistant position at Primark Craigavon ​​offers a salary of £10.61 (after a probationary period). Some jobs are permanent and others part-time with contracts of 37.5 hours to 20 hours per week. There are also positions available on weekends from 8 to 10 am.

The retailer says in its packaging: “We are Primark – one of the biggest names in fashion retail with over 190 stores in the UK, 375 globally and growing. We’re all about fun, fashion and a fabulous career.

“As a Retail Assistant, whether you are on the sales floor, at checkouts or in the fitting rooms, your role is to provide exceptional service to our customers as well as maintain high standards in store.

“Whether you’re looking for your first job or you’re an experienced retailer looking to grow your career, Primark has opportunities for you.

“Primark offers an attractive pay rate, innovative training and development programs and a fun and lively environment. Primark is simply a great place to work!

“We are fully committed to helping people with disabilities apply for our vacancies. If you have a disability and need support throughout the recruitment process, you can contact us here [email protected] and let us know what adjustments you might need.

Those who are supposed to publicize the achievements of my administration are not doing their job – laments Buhari Wed, 14 Sep 2022 09:49:55 +0000
President Muhammadu Buhari

President Muhammadu Buhari has said those who should be talking about his administration’s achievements are not.

Buhari said this on Tuesday during a visit to Imo to inaugurate some projects in the state.

He said that given the resources available when his administration came to power, the current government has performed “extremely” well.

“On the issue of insecurity and bandits, the second Niger bridge, if Nigerians want to think about it; Anyway, to be frank with you, I blame the Nigerian elite for not sitting down and thinking seriously about our country,” Buhari said.

“Between 1999 and 2015 when we came, I would like people to check the Central Bank and NNPC. Average production was 2.1 million barrels per day at an average cost of $100 per barrel. So Nigeria was winning at that time 2.1 million times 100 times the number in those years.

“But look at the state of the infrastructure; some of the routes from the good old days of PTFs. Look at the railroad; he was practically killed. Power, we are still struggling.

“But when we arrived it was an unfortunate incident – ​​south-south activists went wild; production fell to half a million barrels per day. Again, unfortunately, the cost of oil went from $28 to $37.

“Look at the problem in the northeast. Check with anyone in Borno or Adamawa. How many local communities were in the hands of the government and how many were in the hands of Boko Haram? Damn cheats, whoever they are; they are fraudulent.

“But now go ask the hardworking governor of Borno State – a very hardworking governor. The federal government is now in charge.

“So in relative terms of time and resources, this administration has done extremely well. I have to say it because those who are supposed to say it don’t say it. I do not know why.

Magic Jordan hilariously announced fellow Laker great Kobe Bryant to the ladies of the world as their own personal dream boat Sat, 10 Sep 2022 23:30:50 +0000

The Los Angeles Lakers are one of the most, if not the most, historic franchises in NBA history.

LA has hosted many legends in purple and gold. From George Mikan and Wilt Chamberlain to Magic Johnson and Kareem Abdul Jabbar in the old days and Kobe Bryant, Shaquille O’Neal and LeBron James, the Lakers have always been the ultimate spectacle in NBA history.

Magic Johnson and Kobe Bryant, however, are arguably the two most important of the bunch. Guys at a franchise earn more hearts, of course.

Read also : ‘Kobe Bryant was tied with Michael Jordan, Larry Bird and Magic Johnson’: When Gregg Popovich praised the Lakers legend by comparing him to all-time legends

The duo will always be remembered in the highest echelons of Laker legends. Both have their jerseys hanging on rosters and have left a lasting impact on basketball.

The relationship they shared was also well documented. Truth recognizes truth, after all. These two stalwarts of the Laker legacy shared a charming bond from Kobe’s earliest stages of stardom.

One of their best times together was on live television during an interview.

How did Magic Johnson introduce Kobe Bryant to the public?

At the time, Kobe was a 19-year-old phenom bursting onto the NBA scene. Bryant was fresh off his first all-star nod and well on his way to becoming an NBA superstar.

The teenage phenom appears in front of NBA legend Magic Johnson with a beaming smile. Magic pauses to remind the crowd that their new hero is only 19 and single while interacting with Kobe.

Magic’s genuine curiosity about the young phenom is evident in the video. Johnson was clearly a fan of the young guard and beamed with the belief that his franchise was in good hands.

Together, the duo are responsible for more than half of the rings the Lakers can call their own. Two transcendent guards who changed the face of the game, the duo will forever be remembered by the NBA.

Mamba and magic. Two words, two captions in purple and gold.

Read also : ‘I was praying I was 6’9 but I knew I wasn’t going to be Magic Johnson’: Kobe Bryant admitted he was disappointed with his stature compared to legendary Lakers goaltender

]]> Why Michigan Roads Are Covered With Recreational Marijuana Billboards Fri, 09 Sep 2022 02:03:36 +0000

Kyran Adams’ face has been recognized by many strangers this summer.

For Father’s Day, his wife and brother bought ads on three digital billboards to recognize him: one in Texas, where he lives, in New Mexico, where he’s nearby, and in his native Michigan.

“You’re famous, you’re on a billboard,” said Adams, who retired about a year ago after a quarter century as a military photographer.

His wife initially had trouble finding available billboards in Texas and Michigan.

That’s not uncommon in Michigan, where the booming recreational marijuana industry has already surpassed $1 billion in sales and is expected to reach $3 billion in the coming years. With other advertising options like TV and radio limited for cannabis companies due to laws – marijuana remains federally illegal and advertising cannot cross Michigan borders – cannabis companies are buying a large chunk of available space on bulletin boards in the Mittens State.