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In the shadow of the world’s worst nuclear disaster, thousands of feral dogs roam the eerie quiet of the <keyword id="24385385" type="General" weightage="20" keywordseo="Chernobyl-Exclusion-Zone" source="keywords">Chernobyl Exclusion Zone</keyword> (CEZ), a 1,000-square-mile area abandoned by humans since 1986. These dogs, descendants of pets left behind during the hurried evacuation, are now the focus of a fascinating new study. Scientists are diving deep into their DNA to explore how decades of exposure to radiation might have shaped their genomes — and possibly even sped up evolution. The research analysed the DNA of 302 feral dogs living at the nuclear power plant and compared them to their counterparts just 10 miles away in Chernobyl City. The findings revealed significant genetic differences between the two groups. While this doesn’t definitively prove that radiation is the culprit, it offers tantalising clues about the long-term effects of living in a radioactive environment. So, why study these dogs? According to Elaine Ostrander, a dog genomics expert involved in the research, the goal is to unravel how these animals have genetically adapted to survive and reproduce in such a harsh environment. Ostrander wonders if they possess mutations that allow them to live and breed successfully in this region. However this isn’t the first time scientists have wondered whether radiation could drive evolution. Back in 2016, researchers observed that Eastern tree frogs within the CEZ were more commonly black instead of their usual green. They theorised that the darker pigmentation, linked to a mutation in melanin, helped neutralise radiation. Could the same be true for Chernobyl’s dogs? While the study offers a starting point, proving a direct link between radiation and genetic changes is no easy task. Other factors, like inbreeding or environmental stress, might also explain the differences. As one environmental scientist noted, isolating radiation’s impact from everything else is “incredibly difficult.” Still, the implications of this research stretch far beyond the CEZ. Understanding how organisms adapt to extreme environments could shed light on the impacts of radiation, help refine evolutionary theories, and even inspire new approaches to tackling challenges like climate change. For now, Chernobyl’s wild dogs remain a living puzzle, their resilience offering a unique window into the interplay of genetics, environment, and survival in one of the planet’s most hostile landscapes. The findings of this research have been published in Science Advances.

Could radiation really be making Chernobyl’s wild dogs evolve? A new study suggests so!

In a massive move for the country’s growing climate woes, India is aiming to control weather phenomena like rainfall, lightning, and hail within five years. Dubbed "<keyword id="23131560" type="General" weightage="20" keywordseo="Mission-Mausam" source="keywords">Mission Mausam</keyword>," this government-backed initiative includes the development of <keyword id="23148975" type="General" weightage="20" keywordseo="Mausam-GPT" source="keywords">Mausam GPT</keyword>, a weather AI model designed to enhance prediction accuracy and even manipulate the weather. This would make India one of the first countries to experiment with <keyword id="21369368" type="General" weightage="100" keywordseo="weather-modification" source="keywords">weather modification</keyword> on a significant scale. <h2>Mission Mausam</h2>India’s "Mission Mausam" aims to reshape the future of weather management by using technology to control rain. Over the next 18 months, the government will start with lab simulations to either enhance or suppress rainfall. The ultimate goal, as outlined by Earth Sciences Secretary M. Ravichandran, is to roll out full-scale weather modification within five years. He stated that the initiative could even target events like Independence Day, where “one can think about suppressing rain.” By deploying <keyword id="20644540" type="General" weightage="20" keywordseo="cloud-seeding" source="keywords">cloud seeding</keyword> techniques alongside AI-driven weather prediction tools like "Mausam GPT," the mission seeks to significantly improve India’s ability to manage extreme weather conditions. A key aspect of the plan involves building a robust system of advanced radars, supercomputers, satellites with high-performance sensors, and GIS-based decision support systems. This cutting-edge tech is expected to boost India’s short- and medium-range weather forecasting accuracy by 5-10%, ensuring no event — such as cloudbursts — goes undetected. <div type="Article" hostid="261" msid="113251187" title="India braces for an intensely harsh winter as La Niña takes hold" mstype="2" mssubtype="0"></div>India is not new to weather manipulation efforts. The government has been running pilot projects, such as the Cloud Aerosol Interaction and Precipitation Enhancement Experiment (CAIPEEX) in Maharashtra, to study cloud properties and enhance rainfall. <h2>Why is weather manipulation necessary and is it safe?</h2>Extreme weather events in India, like deadly floods, droughts, and hailstorms, have noticeably increased in frequency due to <keyword id="19907392" type="General" weightage="20" keywordseo="climate-change" source="keywords">climate change</keyword>. Mission Mausam could potentially give India an edge in combating these disasters. For example, imagine preventing a flood by suppressing rain or creating artificial rain during a drought. India’s investment of Rs 2,000 crore over two years certainly reflects the seriousness of the mission, which is expected to expand further as research progresses. However, weather modification, including cloud seeding, is not without controversy. Globally, cloud seeding has had limited success, with countries like the US, Russia, and China also experimenting with these methods but facing inconsistent results. Even former MoES Secretary Madhavan Rajeevan has noted that “the technology is complex” and still in its developmental stages. <div type="Article" hostid="261" msid="112825937" title="Shivaji Maharaj Statue collapse: Identifying 5 reasons behind the accident" mstype="2" mssubtype="0"></div>Further, the potential downsides can't be ignored. While controlling the weather could save lives, meddling with natural processes is risky. Weather manipulation might have unintended ecological consequences, like shifting rainfall patterns that could harm ecosystems and agriculture. It may also pose geopolitical risks, as neighbouring countries could accuse India of altering weather systems that affect their own climates. Ultimately, while the idea of managing the weather may seem appealing, it opens up a Pandora’s box of environmental and ethical challenges that need careful consideration.

The Indian government is taking steps to control rainfall and weather within five years — is it too risky of a move?

<ul class="summary-list"><li>With <a target="_blank" class="" href="https://www.businessinsider.com/2024-atlantic-hurricane-season-not-over-storms-predictions-2024-10">hurricane season in full swing</a>, Walmart's emergency response team is working overtime.</li><li>The company's response to storms like Hurricane Milton is coordinated by meteorologist Tom Bedard.</li></ul>"Gray-sky days" start around 3:45 a.m. for Walmart's in-house meteorologist, Tom Bedard.When storms are brewing offshore, the 32-year-old Texas native told Business Insider he's up in time to read through the 4 a.m. note from the <a target="_blank" class="" href="https://www.nhc.noaa.gov/archive/2024/MILTON.shtml?">National Hurricane Center</a> with the latest details — the first of four daily dispatches that are scheduled every six hours while the storm is tracked.Two weeks ago, it was <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-helene-destroyed-asheville-genz-residents-rebuild-climate-safe-haven-2024-10">Helene ripping through Appalachia</a>. This week, it's Hurricane Milton bearing down on the Gulf Coast of Florida.With more than 5,200 retail locations across the US, not to mention warehouses, trucks, and other support facilities, severe weather is a significant concern to Walmart, especially during hurricane season.Bedard arrived at Walmart just after Idalia — the only hurricane to make landfall in the US last year — following six years at AccuWeather and five years at the National Disaster Preparedness Training Center.Now, as <a target="_blank" class="" href="https://www.businessinsider.com/hurricane-milton-evacuation-empty-gas-station-full-hotels-gridlock-traffic-2024-10">Milton gathers steam</a>, Bedard is responsible for leading a group of 10 emergency support groups that cut across all divisions of the retail giant, ranging from store operations to logistics and more.<div type="image" title="Walmart's Emergency Operations Center" height="1667" width="2500" msid="114119830" hostid="261" sizebytes="274172"></div>"We've been coordinating across all different parts of the business unit to make sure that what we're doing for the field comes down with one voice," he told BI. "We've got a responsibility, first and foremost, to make sure our associates are safe, and that if there's a facility that's in an evacuation area, that folks are taking the proper action."As of Wednesday afternoon, more than half of the company's 385 retail locations in Florida were closed in anticipation of Milton's arrival, according to the company's status <a target="_blank" class="" href="https://corporate.walmart.com/purpose/community/disaster-response/hurricane-milton">tracker</a>.While Bedard said he and other meteorologists generally avoid making specific recommendations about what other teams in the company should do, his morning briefings are stacked with a hundred people in Bentonville and several hundred more online looking for guidance about what to expect.Even CEO Doug McMillon and Walmart US CEO John Furner have attended several briefings this week and dropped in on the command center throughout the day to check on the storm's progress, a spokesperson said."Instead of having all these different business units using different sources of weather, we're able to come together and say, 'This is the person that we work with in normal conditions to ensure we're resourced for any natural disaster, and now this person's giving us the weather information when we need it most," Bedard said.<div type="image" title="Walmart's Senior Manager of Emergency Operations, Tom Bedard" height="1666" width="2500" msid="114119828" hostid="261" sizebytes="146260"></div>Under normal conditions, or "blue-sky days," Bedard spends his time meeting with people across the company and helping draft the plans that will be set in motion when a significant weather event is on the horizon."That's what they teach us in our entry-level emergency management courses is develop those relationships, so when you need them at 3 o'clock in the morning for a tornado, you've got them right there," he said.<a target="_blank" class="" href="https://www.businessinsider.com/walmart-grocery-sales-us-compared-kroger-albertsons-2024-3">Walmart's sheer number of stores</a> and its proximity to so many American households also means the retailer plays an outsize role in communities' preparation for and response to disaster."We're still heavily involved in Hurricane Helene's recovery in the southeast and southern Appalachia," Bedard said.<div type="image" title="A convoy of Walmart trucks to Asheville, North Carolina, following Hurricane Helene" height="900" width="1600" msid="114119834" hostid="261" sizebytes="392178"></div>Walmart has so far committed <a target="_blank" class="" href="https://corporate.walmart.com/news/2024/10/04/walmart-sams-club-and-the-walmart-foundation-increase-commitment-to-10-million-to-hurricane-helene-relief-efforts">$10 million</a> to post-Helene efforts, a figure which includes donations of food, water, and essential supplies, as well as grants to relief organizations."When you need to make something happen, there's a Sam's Club or a supply chain facility that can be there to support it," he added. "We want to support communities. As soon as we've got our associate safety taken care of, we really take great pride in what we're able to do for communities across the nation."More than the bottomless espressos, what drives Bedard most during these storms is personal experience."Growing up in Houston in the 2000s, I got to see the Gulf Coast hurricane seasons at their worst. I was there for Katrina — being able to take in some of the Katrina refugees in Houston — and there for Rita," he said. "Being able to learn more about something that terrified me is how I found my way into weather."

Walmart's in-house meteorologist has been extremely busy

<ul class="summary-list"><li>Owning a home in high-climate risk states like Florida is becoming tougher amid rising costs.</li><li>Still, owning may be preferable as renters have significantly less policy support than homeowners.</li></ul>In states at high risk of climate-related events, both homeowners and renters face difficulties in the wake of natural disasters, but there are important things to consider in each case.On the one hand, buyers are facing rising costs as insurance premiums skyrocket. Renters could bear some of that burden, too, as rental properties face rising property insurance costs that could drive up rents in the future.But when a natural disaster hits, like this week's Hurricane Milton, the stakes are different.Both renters and homebuyers face an immense loss of stability if their homes are damaged or destroyed, but homebuyers lose a huge investment.Here are key factors at play when deciding to rent or to own a home in a state where climate risks are rising and natural disasters are becoming more frequent and destructive.<h3 id="fb983509-a634-4c57-8ea5-a41d41e6da00">Both renters and buyers face rising costs</h3>The costs associated with owning a home are becoming more volatile as insurance costs rise due to climate risks."Those dynamics really play more of a role in why you're seeing weaker markets right now in places like Texas and Florida, which see more severe storms and generally different forms of climate risk, and where homeowners are seeing greater increases in insurance premiums, which doesn't affect renters as much," Redfin's head economist, Chen Zhao, told Business Insider.Average insurance premiums have increased sharply in the last few years, up 33% from 2020 to 2023, but that trend is uneven depending on a state's natural disaster risk, a <a target="_blank" href="https://www.nber.org/system/files/working_papers/w32579/w32579.pdf">June study</a> found.Even in regions in different states with similar climate risks, those in states with overall higher risks often bear a higher cost burden as insurers pay to transfer more risk to reinsurance companies.Florida, which has a reinsurance exposure of almost 40% due to high hurricane risk across the state, saw annual insurance premiums increase by about $1,000 in zip codes close to its border with Georgia, even though areas on both sides of the border are similarly at risk.Georgia, on the other hand, has less than 10% exposure to reinsurers, and its zip codes close to the border saw increases of less than $500 in the last few years.Overall, rising disaster risk will raise annual premiums for climate-exposed households in the US by $700 by 2053, the study says."The cost of owning a home also has been more volatile over time because of the rising insurance costs and the climate change impact, and also because home prices are going up so fast," Jung Hyun Choi, a researcher at the Urban Institute's Housing Finance Policy Center, told Business Insider.Still, a big advantage to owning a home is the ability to lock in housing costs."Home ownership is still one of the most important ways of building wealth in this country," Choi said, adding that not only do homeowners build equity over time, but their costs are often fixed via the 30-year mortgage, which is the most popular home loan in the US.Renters, on the other hand, are subject to unpredictable price increases year-to-year. That's especially true after climate disasters, according to <a target="_blank" href="https://onlinelibrary.wiley.com/doi/10.1111/risa.14224">one study</a> that looked at rent prices following hurricanes in US coastal states.In extreme disasters, median rents rise due to reduced housing supply. In less severe scenarios, rents may rise because building owners are trying to offset losses from property damage, or possibly take advantage of higher demand from displaced homeowners.<h3 id="ccd2411a-bab0-4107-bf3e-4c9ccc85ffbc">Policy favors homeowners</h3>While it may be tough to know whether costs for renters or buyers are more directly impacted after climate disasters, public policy is clearly skewed in favor of buyers, Choi says. She pointed to forbearance and loss mitigation policies that are meant to help buyers keep their homes.After Hurricane Katrina, 29% of homes in Louisiana were damaged, compared with 35% of rental housing units — but 62% of damaged homes and only 18% of damaged rental units received disaster recovery assistance, according to a <a target="_blank" href="https://www.gao.gov/products/gao-10-17">federal study</a>.In places where federal funding was implemented for renters after Hurricane Katrina, though, rents appreciated at a much slower rate, one <a target="_blank" href="https://www.brookings.edu/wp-content/uploads/2023/09/Disasters-and-the-Rental-Housing_final.pdf">study</a> found, pointing to the potential for future policy to address renters' vulnerability to climate events.Zhao points out, though, that renters generally have more flexibility to move and are less tied down when disasters strike."For renters, it's a different story. You don't own the financial risk of living in Florida if a hurricane comes through," Zhao said, adding, "I think that's the other thing that kind of drives a wedge between these regions and other places in the country, and also drives a wedge between homeowners and renters."Zhao acknowledges that renters still "certainly own the personal risk" of a hurricane. Renters lose their housing stability personal property the same as homeowners.Whether renting or buying is more advantageous amid climate change will be determined by policy solutions implemented in the next few years. Unfortunately, there isn't a lot of clarity yet, Choi says.She adds there's a chance that renting has the upper hand in high climate-risk areas."If we kind of leave it like this, it could be actually better to just rent because you don't really have to worry about your properties being severely damaged and you're not getting any insurance coverage," Choi said.

Here's how natural disasters are shaping the buy-versus-rent decision in vulnerable states like Florida

<ul class="summary-list"><li>Donald Trump and Elon Musk called out the pain caused by high levels of inflation in recent years.</li><li>Trump bemoaned that people can't afford groceries and savers have been "decimated" by rising prices.</li></ul>Donald Trump and <a target="_blank" href="https://www.businessinsider.com/elon-musk">Elon Musk</a> lamented the <a target="_blank" class="" href="https://www.businessinsider.com/inflation-housing-food-alice-rent-poverty-healthcare-wage-growth-cpi-2024-6">brutal impact</a> of rising prices in their X Spaces conversation on Monday."It's a disaster with inflation," the former US president said. "It doesn't matter what you make. The inflation has eaten you alive."The annualized pace of price increases soared to a 40-year high of more than 9% in June 2022. It has <a target="_blank" class="" href="https://www.businessinsider.com/inflation-cpi-june-prices-food-energy-fed-interest-rate-cuts-2024-7">slowed markedly</a> since then to 3% in June, but remains well above the Federal Reserve's 2% target.Trump specifically called out the <a target="_blank" class="" href="https://www.businessinsider.com/why-youre-still-spending-much-of-your-budget-on-food-2024-2">steeper cost of food</a> for families. As the Republican presidential nominee, he's incentivized to paint a dour picture of the economy under the Democrats, and promise he'll make things better if voters back him in November's election."They don't have enough money to buy groceries; the inflation has killed them," Trump said. "They used to be able to buy a whole cart, and today a lot of people just don't have the money. They go in and can't buy anything."<h2 id="c0292d01-998c-4040-8141-38ba2a6670d7">Savers punished</h2>Trump bemoaned that lifetime savers have been unfairly punished by soaring prices."The people that saved money … they got no interest on their money, and inflation destroyed them," he said. "Those people have been absolutely decimated."Americans were able to put away significant sums four of five years ago, Trump noted. "Today, they're <a target="_blank" class="" href="https://markets.businessinsider.com/news/stocks/big-short-michael-burry-jpmorgan-consumer-inflation-rates-banking-crisis-2023-4">using all their money</a> and borrowing money just to live. It's a horrible thing that's happening."This historic bout of inflation has been <a target="_blank" class="" href="https://www.businessinsider.com/economic-outlook-pandemic-stock-market-crash-inflation-recession-rates-ai-2024-2">blamed on several factors</a>. The pandemic disrupted worldwide production, snarled supply chains, shuttered businesses, and fueled labor shortages. Russia's invasion of Ukraine roiled the international oil trade and caused energy prices to soar. World governments spent heavily to shore up their economies, stoking heavy demand in a period of constrained supply and causing prices to climb.Musk — the world's richest person, CEO of <a target="_blank" href="https://www.businessinsider.com/tesla-ceo-elon-musk">Tesla</a> and <a target="_blank" href="https://www.businessinsider.com/spacex-elon-musk">SpaceX</a>, and X's owner — agreed with Trump that inflation is a pressing problem during their conversation."A lot of people are concerned about the economy, a lot of people are concerned about inflation," he said. "Inflation is effectively a tax on people that saved money and for people that are working day to day."Musk blamed fast-rising prices on public officials splashing cash."Inflation comes from government overspending because the checks never bounce when they're written by the government," he said. "So if the government spends far more than it brings in, that increases the money supply. And if the money supply increases faster than the rate of goods and services, that's inflation."<h2 id="259f4a90-f256-467f-85ef-c9b9b9d1bb34">Deregulation call</h2>Musk called for authorities to cut back on spending and suggested a government efficiency commission be appointed to ensure public funds are spent wisely. He underlined the ballooning federal debt and the <a target="_blank" class="" href="https://www.businessinsider.com/us-national-debt-government-spending-stock-market-financial-crisis-economy-2024-3">spiraling size</a> of the interest payments required to service it."If you solve government overspending, you solve inflation, which improves the living standards of the average person," Musk said. He added that deregulation would help to eliminate rules and restrictions that make compliance costs "extreme for no reason."Musk has <a target="_blank" class="" href="https://www.businessinsider.com/elon-musk-fightingwars-alot-of-fronts-2024-8">frequently complained</a> about government overreach and red tape in recent years, making his latest comments unsurprising. But his companies have undeniably benefited from state funds in the form of clean-energy subsidies, tax credits, and space contracts. He may well see those as valuable uses of taxpayer money, and wish to cut waste elsewhere.Trump and Musk are right to say that prices are significantly higher now than even a couple years ago. However, inflation appears to be falling, <a target="_blank" class="" href="https://www.businessinsider.com/emergency-rate-cut-fed-recession-july-jobs-report-unemployment-powell-2024-8">freeing the Fed</a> to focus on bolstering growth and avoiding a recession by starting to undo the hikes to interest rates it's made in recent years to curb price growth.

Trump called inflation a disaster for consumers — and Musk blamed it on government waste

<ul class="summary-list"><li>Bill Smead warns of a stock market bubble made worse by the market's recent surge.</li><li>Smead compares current market conditions to past bubbles, citing high equity ownership.</li></ul>When Bill Smead took his first job as a broker at Drexel Burnham Lambert in 1980, his dad asked him to place a trade that would benefit from a Ronald Reagan win later that year.So he did, and after Reagan won, the investment jumped the day the results were announced — a continuation of the 29% rally that had endured since March of that year.Unfortunately for his father, however, that was as good as the returns were for the next 18 months.From November 1980 to July 1982, stocks entered a bear market, dragging the S&amp;P 500 down 27% as a recession gripped the US economy. That was despite the market's trailing 12-month price-to-earnings ratio sitting at a cheap 7.5 in 1980 versus a more expensive 24 today.While no two market environments are the same, Smead — the founder of Smead Capital Management — cites the example as a cautionary tale to investors who have eagerly jumped into stocks following the election of Donald Trump to a second term earlier this week.Just like Reagan, Trump touts a regulation-slashing, tax-cutting agenda that should boost the market in theory. But other factors are at play.Smead warns market conditions are setting the market up for dismal returns going forward, and that stocks are in a bubble only made more extreme by the so-called 'Trump bump' this week, which saw the Dow jump 3.5% in a day."You've got an expensive market that just exacerbated itself," Smead told Business Insider."It's a disaster waiting to happen," he continued. "We have put the icing on the financial euphoria cake and lit the candle on top."There is plenty of evidence that the market is historically expensive.For instance, <a target="_blank" class="" href="https://www.businessinsider.com/stock-market-crash-why-sp500-decade-weak-returns-goldman-jpmorgan-2024-11">Goldman Sachs said last month</a> that current levels of the Shiller cyclically adjusted price-to-earnings ratio (the dark blue line in the chart below) — rivaling prior bubbles — lead them to believe that the S&amp;P 500 will deliver 3% annualized returns over the next 10 years. That's less than the risk-free return that 10-year Treasury notes offer.<div type="image" title="cape ratio and forward returns" height="613" width="882" msid="115114980" hostid="261" sizebytes="46444"></div>Beyond valuations, however, Smead points to signs of historically high investor enthusiasm, like the level of household equity ownership. Stocks make up around 42% of all household assets at the moment, the highest level in history.Some of the most elevated levels of equity ownership came at the height of the dot-com bubble, the stock market top of 2007 before the Great Recession, and in 2021 before the market fell 25%.<div type="image" title="household equity ownership" height="450" width="1320" msid="115114974" hostid="261" sizebytes="23442"></div>Equity ownership levels also show that a lot of cash has come off of the sidelines, Smead said, a sign that dry powder may not be enough to help stave off a market decline. And much of the remaining funds in cash equivalents are held by Baby Boomers, who need the income and have too low of a risk profile to get back into stocks, he said.In recent months, Smead has said that investing icon <a target="_blank" class="" href="https://www.businessinsider.com/stock-market-crash-warren-buffett-dot-com-bubble-apple-smead-2024-9">Warren Buffett's behavior — significantly trimming his stock positions</a> and building a cash pile — resembles his approach leading up to the dot-com bust. Smead himself compared to the dot-com bubble earlier this week in a note, noting that chip giant Intel was added to the Dow Jones Industrial Average just four months before the peak in 2000. Dow Jones announced earlier this week that Nvidia would be added to the blue-chip index.<div type="image" title="intel stock" height="460" width="751" msid="115114977" hostid="261" sizebytes="13110"></div>In Smead's opinion, today's bubble is worse than the dot-com era because of how far-reaching it is."Back then, it was mainly tech that was egregious. This time, it's tech and almost anything growthy," he said. "I promise you, Costco wasn't trading at 53x earnings at the end of '99."He added: "Anybody that's been able to perpetuate their success trades at 30x-60x earnings."Goldman Sachs' Chief US Equity Strategist <a target="_blank" class="" href="https://www.businessinsider.com/sp500-outlook-next-decade-forecast-david-kostin-goldman-stocks-strategist-2024-11">David Kostin told Business Insider</a> in late October that the level of concentration in the largest stocks and the gap between their PE ratios and the rest of the market's were last seen to this degree during the dot-com bubble. Both measures are shown below.<div type="image" title="Goldman Sachs US equity market concentration" height="642" width="689" msid="115114988" hostid="261" sizebytes="44834"></div><div type="image" title="Goldman Sachs chart showing 10 largest stocks trading at 31x P/E compared to 19x for the rest of the market." height="730" width="882" msid="115114982" hostid="261" sizebytes="38416"></div>It's debatable whether or not stocks are in a bubble. Many bears, including Jeremy Grantham, have warned of significant downside over the last couple of years while the market has catapulted to all-time-highs on a strong economy, falling inflation, and optimism about AI.A fully Republican Congress next year may also provide enough fiscal stimulus through tax cuts to keep the rally going.But like Smead, Dave Sekera, a senior US market strategist at Morningstar, said on Wednesday that <a target="_blank" class="" href="https://www.businessinsider.com/trump-trade-election-investing-stock-market-strategy-sp500-valuations-morningstar-2024-11">investors should avoid making rash decisions amid the post-election rally</a> and that current valuations are still likely to impact returns. Morningstar's valuation model has the S&amp;P 500 more expensive right now than it has been during 80% of the time since 2010, Sekera said.In the short term, that might not matter. But over the next 10 years or so, as Goldman Sachs warned recently, valuations are likely to be a drag on returns, Smead said. And Smead's long-term track record is nothing to scoff at. Over the last 15 years, his Smead Value Fund (<a target="_blank" class="" href="https://markets.businessinsider.com/funds/smead-value-fund-investor-class-us83178c8819?miRedirects=1">SMVLX</a>) has beaten 97% of similar funds, according to <a target="_blank" href="https://affiliate.insider.com?h=f3d8d9acb3650494a8a05384eb83d68d8095d6aaddf214a8457abddb36fdffb7&amp;postID=672d01b7d057d3e5c5c92cf1&amp;postSlug=stock-market-crash-trump-trade-dot-com-bubble-sp500-smead-2024-11&amp;site=bi&amp;u=https%3A%2F%2Fwww.morningstar.com%2Ffunds%2Fxnas%2Fsmvlx%2Fperformance">Morningstar data</a>."You will not get rich from investing in the fourth huge financial euphoria episode in the last 100 years, in the S&amp;P 500," he said. "You will get poor, you will not get rich."

'A disaster waiting to happen': A top 3% investor warns the 'Trump bump' is the icing on the cake of a euphoric stock market bubble that's worse than the dot-com peak

<ul class="summary-list"><li>The stabbing of a Japanese mother and her son went viral in China after a local woman died protecting them.</li><li>Her death ignited a clash between praise for the 55-year-old and a resurgence in anti-Japan posts.</li></ul>It's no secret that people on Chinese social media dislike Japan.The list of perceived grievances keeps growing, from the Rape of Nanking in World War II to fears of seafood in the Pacific Ocean being tainted by <a target="_blank" href="https://www.businessinsider.com/japan-release-fukushima-nuclear-disaster-radioactive-wastewater-treated-safe-2023-8">radioactive water from the Fukushima disaster.</a>That rhetoric was stoked again on June 24 when a knife-wielding man in Suzhou attacked a Japanese woman and her son at a school bus stop, injuring the pair.But it was the third victim who seized the country's attention. School bus attendant Hu Youping, a 55-year-old Chinese woman, rushed to protect the two foreigners, suffering stab wounds herself.She died later while receiving medical care, <a target="_blank" href="https://gonganju.suzhou.gov.cn/gaj/gggs/202406/b10b5b52abf944bbbe5da0f48f49ab2b.shtml">police said</a>. They identified the suspect as an unemployed 52-year-old man with the surname Zhou, saying he'd only recently arrived in the city.A whirlwind of emotion and debate ensued on social media. Hu was lauded as a hero — with some clamoring for the bus stop to be named after her — while anti-Japan hate speech swelled in posts and comments implying the attack was warranted.As the two narratives intertwined, Chinese social media companies intervened in lockstep. It was clear the extremism had gone too far.Tech giant Tencent <a target="_blank" href="https://new.qq.com/rain/a/20240629A07Y1D00">published a statement</a> on Saturday condemning the hate speech and said it would crack down on posts related to the Suzhou stabbing that "provoke extreme nationalism." Tencent runs WeChat, a super app that performs functions similar to WhatsApp and Facebook.NetEase, a major gaming company, <a target="_blank" href="https://www.163.com/dy/article/J5SC406S051487S2.html">published a similar announcement</a>, saying it observed posts calling for "resisting Japan and exterminating traitors" and accusing Hu of being a Japanese spy.<a target="_blank" href="https://www.toutiao.com/w/1803214247310336/">Douyin</a> and <a target="_blank" href="https://weibo.com/1934183965/OkPR1lEPA">Weibo</a>, China's versions of TikTok and Twitter, publicly slammed accounts that they said "promote extreme xenophobia" and "cheered for criminal behavior in the name of patriotism."The platforms said they took down thousands of posts and removed several dozen accounts.<h2 id="be0339db-22c4-48a0-82ae-a6e8a2800701">China's uneasy balance with Japan</h2>It's a rare rebuke of nationalism on these platforms, a hotbed for inflammatory posts like the 2022 calls to shoot down then-House Speaker Nancy Pelosi's plane when she visited Taiwan.Though China's social media is heavily moderated, anti-Japanese rhetoric has been one of several popular nationalistic sentiments allowed to flourish in recent years.As of Wednesday, the main hashtag for posts about the Japanese victims of the June knife attack was censored. However, discussion of Hu's death and her <a target="_blank" href="https://gonganju.suzhou.gov.cn/gaj/gggs/202406/b10b5b52abf944bbbe5da0f48f49ab2b.shtml">posthumous recognition for bravery</a> are still allowed.In recognition of Hu's actions, Japan's embassy in China <a target="_blank" href="https://weibo.com/1938487875/Ol3qFrTBd">flew its national flag at half-mast.</a>It's unclear if China's central government was directly involved in the crackdown. But social media firms in the country react sensitively to what the state deems acceptable, often simultaneously issuing announcements about undesirable posts.China's Cyberspace Administration tasks social media platforms with self-regulating content and, on June 14, <a target="_blank" href="https://www.cac.gov.cn/2024-06/14/c_1720043894161555.htm">published a set of rules </a>detailing how internet providers should censor violent content.The anti-Japanese rhetoric also comes at an inconvenient time for Chinese officials hoping to bring in more business from Tokyo as the local economy struggles.Suzhou, in eastern China's Jiangsu province, is one of the country's largest hubs for Japanese investment, with <a target="_blank" href="https://regional.chinadaily.com.cn/SuzhouNewDistrict/2022-07/27/c_792868.htm">thousands of Japanese firms</a> in the city.On Tuesday, <a target="_blank" href="https://news.ifeng.com/c/8asx18ggwqv">Chinese state media</a> reported that Vice Premier He Lifeng had met with a trade delegation from Japan, saying his country welcomed Japanese companies and hoped they would expand.Hu's death hung over the meeting, with officials on both sides pausing for a moment to honor her passing, <a target="_blank" href="https://www.scmp.com/economy/china-economy/article/3268873/chinese-official-calls-japanese-investment-reaffirming-vow-widen-market-access">The South China Morning Post reported.</a>

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