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The legendary career of Roger Federer is coming to an end.

The Swiss tennis player announced on Thursday he will retire from the ATP Tour following the Laver Cup in London next week. He won 20 Grand Slam men's singles titles during his illustrious 24-year career, including a record eight Wimbledon titles, six Australian Open titles and five US Open titles.

"This is a bittersweet decision," Federer said, "because I will miss everything the tour has given me. But at the same time, there is so much to celebrate. I consider myself one of the most fortunate people on Earth. I was given a special talent to play tennis, and I did it at a level that I never imagined, for much longer than I ever thought possible.

As Federer noted in his retirement address, the 41-year-old has struggled with knee injuries over the past three years and advanced past the fourth round in a Grand Slam only twice during that span. He dropped out of the top-50 world rankings this past June for the first time since 2000 and dropped completely out of the ATP singles rankings for the first time since his 1997 debut this past July.

But in his prime, Federer was the best tennis player on the planet.

He ranked No. 1 in ATP for 237 consecutive weeks from Feb. 2, 2004, until Aug. 17, 2008 the longest streak in history and was the oldest player ranked No. 1 at the age of 36 on June 24, 2018.

Federer has won 82 percent of his 1,526 career singles matches and his 103 career titles rank second-most all-time in the Open Era. His 20 Grand Slam singles titles trail only Novak Djokovic and Rafael Nadal, who own 21 and 22 titles, respectively.

"When my love of tennis started, I was a ball kid in my hometown of Basel," Federer said. "I used to watch the players with a sense of wonder. They were like giants to me and I began to dream. My dreams led me to work harder and I started to believe in myself. Some success brought me confidence and I was on my way to the most amazing journey that has led to this day.

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"So, I want to thank you all from the bottom of my heart, to everyone around the world who has helped make the dreams of a young Swiss ball kid come true.

"Finally, to the game of tennis: I love you and will never leave you."

Roger Federer will retire from the ATP Tour after one final tournament next week. (Photo by Shi Tang/Getty Images)

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Roger Federer to retire from tennis after the Laver Cup next week - Yahoo Sports

After a hotter-than-expected inflation reading spooked investors on Tuesday, the Dow Jones industrial average sank over 1,200 points in the stock markets worst showing since June 2020.

That same day, Stanley Druckenmiller, one of Wall Streets most respected minds, argued that the pain wont be temporaryand that stocks face an entire decade of sideways trading as the global economy goes through a tectonic shift.

Theres a high probability in my mind that the market, at best, is going to be kind of flat for 10 years, sort of like this 66 to 82 time period, he said in an interview with Alex Karp, CEO of software and A.I. firm Palantir.

Druckenmiller added that with inflation raging, central banks raising rates, deglobalization taking hold, and the war in Ukraine dragging on, he believes the odds of a global recession are now the highest in decades.

And given Druckenmillers track record, investors would be wise to heed his warnings.

The legendary investor founded his hedge fund, Duquesne Capital, in 1981, and routinely outperformed the majority of his peers on Wall Street over the coming decades, delivering an annual average return of 30% from 1986 to 2010, according to Yahoo Finance.

But Druckenmiller really made his name when he led George Soross bet against the British pound in 1992, helping the billionaire pocket a cool $1.5 billion profit in a single month.

Druckenmiller eventually shut down his hedge fund in 2010 and converted it into a family officea type of private firm established by wealthy families to manage their moneyas many hedge funders typically do when they unofficially retire. But the leading investors views are still widely followed on Wall Street.

Druckenmillers argument for why the stock market is facing a decade of flat trading is based on the idea that central banks policies are shifting around the world from a supportive to a restrictive stance.

This shift is a result of the globalization that characterized the past few decades fading amid the war in Ukraine and U.S.-China tensions. Druckenmiller points out that globalization has a deflationary effect because it increases worker productivity and speeds up technological advancement, but now thats gone.

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When I look back at the bull market that weve had in financial assets really starting in 1982all the factors that created that not only have stopped, theyve reversed, he said, referencing current de-globalization trends like the rift between the U.S. and China, along with a move toward increased government spending and more regulation since the 1980s.

Druckenmiller went on to explain how central banks responded to the disinflation caused by globalization since the 1980sand particularly after the 2008 Great Financial Crisiswith unsustainable policies that now have to be reworked.

The response after the global financial crisis to disinflation was zero rates, and a lot of money printing, quantitative easing. That created an asset bubble in everything, he said.

Central bank officials around the world are now moving away from the near-zero interest rates and quantitative easinga policy of buying mortgage-backed securities and government bonds in hopes of spurring lending and investmentthat have bolstered financial assets over the past few decades.

Theyre like reformed smokers, Druckenmiller said. Theyve gone from printing a bunch of money, like driving a Porsche at 200 miles an hour, to not only taking the foot off the gas, but just slamming the brakes on.

To his point, the U.S. Federal Reserve has raised rates four times this year to combat inflation, and its not the only central bank attempting to bring down consumer prices with tighter monetary policy. From the U.K. to Australia, central bankers around the world are shifting to a more conservative approach and raising interest rates.

While that means financial assets, including stocks, will likely underperform over the next decade in Druckenmillers view, there is some positive news.

The nice thing is, there were companies that did very, very well in that environment back then, Druckenmiller said, referencing the stock markets flat trading seen between 66 and 82. Thats when Apple Computer was founded, Home Depot was founded.

Druckenmiller also gave a caveat for investors when it comes to his pessimistic outlook, saying that this is the most difficult time in history to make economic forecasts and that he has a history of a bearish bias that he has had to work around his whole career.

I like darkness, he said.

This story was originally featured on Fortune.com

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Legendary investor Stanley Druckenmiller warns there is a high probability the stock market will be flat for an entire decade - Yahoo Finance

Serena Williams looked pretty good while advancing to the third round of the US Open.

She also seemed to really be enjoying herself. So is there a chance that she's actually not retired? She hinted as much on Wednesday while citing Tom Brady's "cool trend."

"I mean, you never know," Williams told "Good Morning America" on Wednesday when asked if she could be lured back to the game. "I've just been saying that I think Tom Brady started a really cool trend."

The sentiment echoed her statement on "The Tonight Show" on Tuesday, where she told host Jimmy Fallon that Brady started "an amazing trend."

In case you somehow missed Brady's "cool trend," the Tampa Bay Buccaneers quarterback announced his retirement in February without using the word "retirement." Six weeks later, he announced that he was actually returning to football. He made his 2022 debut with the Bucs on Sunday in a 19-3 win over the Dallas Cowboys.

Serena Williams didn't look like she was done with tennis during a thrilling US Open run. (Danielle Parhizkaran/Reuters)

Like Brady, Williams issued what amounted to a retirement statement in August while eschewing the word "retirement." She then got a grand farewell during a thrilling US open run that included a win over World No. 2 Anett Kontaveit. The competitive fires were clearly still burning.

So will she be back for January's Australian Open? Perhaps later? The tennis world would obviously welcome her back with open arms if so.

But she's not saying. Yet. She did make clear that she's not done with the game.

"Tennis has given me so much," Williams continued. "I feel like there's no way that I don't want to be involved in tennis somehow in the future. I don't know what that involvement is yet.

"I do know that I love the sport so much. I love the game. I love everything about it. It's been such a light in my life that I definitely want to keep something involved in it."

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Serena Williams cites Tom Brady's 'cool trend,' hints that she might not be retired: 'You never know' - Yahoo Sports

No NBA team shifted its energy more than the Boston Celtics last season, and nobody shifts their energy better than Marcus Smart, which makes the eight-year veteran a uniquely impactful player in the league.

Yet, he never gets his due. Critics clamored all of last season for a traditional starting point guard to corral Boston's offense, even though, as Smart has said, he managed to steer the Celtics further than his All-Star predecessors Isaiah Thomas, Kyrie Irving and Kemba Walker ever did. Even Smart's Defensive Player of the Year award drew criticism. People say he shoots too much or gambles too much or flops too much.

For as fiery as Smart is on the court, he is as thoughtful off of it, which is why, when the opportunity arose to sit down with him for an uninterrupted discussion, I thought it was worth letting him tell his own story.

We talked about everything from Boston's loss in the NBA Finals to the addition of Malcolm Brogdon, the latest trade rumors concerning Kevin Durant, the growth of Jayson Tatum and Jaylen Brown, his relationship with late Celtics legend Bill Russell, his recent charity work with Be The Match and ... yes, his passion for robes.

Marcus Smart is the starting point guard for the Eastern Conference champion Boston Celtics and the NBA's reigning Defensive Player of the Year. (Ezra Shaw/Getty Images)

"Simple. Before we come together as a team and watch film, I'm watching film and tendencies. I'm looking at my matchup of who I could possibly guard. For me, unfortunately, I'm guarding every position, so that's a lot more work for me. Some guys I'm matched up on as I'm their primary defender. I'm going to see his favorite move, his favorite go-to move and his favorite counter for that go-to move, so I'm reading the tendency of guys before we even get together as a group. By the time we even come up with a scheme, I've already got in my head, when they do put the scheme together, how things are going to work."

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"You just kind of focus on the things that you can control. That's one of the things that helps us with not falling into that trap of the expectations. Let the outside noise be outside noise, and let them talk. We're inside the house, in our home, which is the Garden and every basketball arena. Everything else is outside. It's not getting in to hurt you. Focus on what you can control, and that's playing hard for your teammates and leaving it all on the court. That allows you to stay away from those traps of the expectations.

"Because you're human. It's tough, especially nowadays. You've got social media. You've got every outlet popping up at you and showing you everything and constantly throwing it in your face, so definitely being able to just focus on what you can control and allowing that to motivate you to continue to keep going."

"Kyrie, Terry, you named some good guys. Payton, Brogdon, all those guys, man. For us, it's more making sure we build that chemistry early on. When you've got a new group of guys, it's hard to build chemistry without spending time together and just being thrown into the fire. You have to build chemistry on the go.

"We've got great guys, we've got great players and we had great guys, we had great players but the difference now is we have more experience with each other. Me and Jayson and Jaylen, we've played four or five years together now, whereas at that time it was two, along with trying to develop yourself, as well as trying to do something for the team, alongside learning from guys who have already developed. There was a lot going into it, so we have to build that chemistry before we get on the court. That's what we have to do this year. We know who we have coming. We know who we have here. We know who left. We can build that chemistry now, instead of waiting until Game 3 or Game 4, trying to build the chemistry during the season."

"We experienced it this year. Everybody's seen how tough it really is to bring a new set of people in, who's also trying to prove themselves, to a certain extent, and produce for the team. We witnessed this past season how we handled that, where we're losing to teams we shouldn't be losing to. Nothing against those teams. It's just that we shouldn't have been losing. We're losing leads to the point where everybody's freaking out. We're under .500, and I think that right there tells you how difficult it is to get chemistry going when you have a new anything. We had a new coach and a new group of players and a new system to put in on both offense and defense, so of course nothing was going to go right for us right away.

"If we didn't have everybody, then we'd have to start this whole process over again from square one. What does this person like? OK, he doesn't like this. We'd be in the same situation, where we're using games to get our experience with each other, because there's nothing you can simulate better than a game itself."

"Guys like Draymond and myself, we're the guys who are going to do the dirty work, so that other players don't have to. I think that shows our character, where we're willing to sacrifice our health, our bodies, mentally, physically, however you want to do it, to make sure that our team and teammates succeed.

"I take it as a compliment. Draymond is very well-respected, rightfully so. His accolades and his play speaks for itself. He's a champion among champions, and he's that leader on their team. Vocally, emotionally, physically, he's the one who gets guys going. He's the one who guys follow when the energy needs to be shifted. It's rare. There's not a lot of people who have it, but the guys who do, you see the similarities in it, and when you see it, you can tell: That's that, I've seen that before. I don't see it a lot, but I've seen it, and that's who we are. We don't have to score 50 points to change the game and be effective.

"I haven't had the chance to talk to him yet, but Mikal Bridges. He was in the running, as well, for DPOY. If I didn't get it, I definitely would have voted for him to get it. He's another guy. Offensively, we know what he can do, but the things he's able to do for that Phoenix Suns team on the defensive end just speaks volumes. He doesn't have to say much, but he goes out there and proves it with the way he plays. Although he might not be as vocal as me and Draymond, he still has those attributes and similarities where we're going to go out there and do the dirty work and fight to help our team win, no matter what that is."

"I would have to say that assessment, to a certain extent, is true and holds value. They were the more experienced team. Golden State was a lot more experienced. We have a lot of combined experience as well. Al [Horford]'s been in the playoffs for how long? I've been in the Eastern Conference playoffs. Jayson, Jaylen, we have experience playing in the playoffs. Now, Finals experience is different. We were trying so hard to prove to others and ourselves that we belonged there, we just let it slip away from us mentally.

"Having tasted that experience, now coming back to the situation, things are slowing down for us, because it's like, We've gone through that before. I know how we handled it, and this is what the outcome was, so maybe I shouldn't handle it that way. In terms of their experience, that aspect is definitely true, because every situation we threw at them, they've been in, so they knew how to react to it, whereas it might've taken us a game, a half, a few quarters to try to figure it out, and by that time they're running off with it.

"Coming into this season, it's definitely going to help us tremendously, because now we know what to expect, how to expect it, and we know how to look at it. Although we lost and we don't want to look at it that way they definitely taught us something, and we'll take it and run with it."

"I guess I'm more biased, and I have known them a little bit more, but each and every year they have grown and they have showed us something new that they've added and continued to add to their game. For their future, I only think it's going to increase. They're only going to get wiser and understand the game even more, and I think once they do that, they become even more dangerous than they already are. They're only 24, 25 these are relatively very young guys who are already here, but can go even higher, so I'm ecstatic and intrigued to see how much they have learned, how much growth they've made and to continue to see them get better individually. And I know as they continue to grow individually, the team will as well."

Oh, man. That's a tough one. I don't know. I guess it depends on the time of the game and how long I have to guard them. They're unique in different ways, but they can both hurt you in multiple ways. That's a tough one. There's no easy answer with that one. Whoever you get, you're going to wish you didn't have him."

I didn't know him too well personally. I was able to talk to him a couple times when he was here. I got to watch some old film that we had. But what he went through and sacrificed for us in the time that he was playing, and especially in this city around that time, to be able to say, 'You know what, I'm going to take the pain and the burden to open the doors for our younger generations to have an opportunity more equally than what I had,' he means so much to us in this game and to the African American community and people of color. At the time, it was very, very ugly. It still is ugly to this day, but back then it was a different type of ugly, and he decided he was going to take a stand by continuing to fight and paving that way for us."

"I got started with this, because what they do, what they've been doing for years, is providing care and helping patients from lower income who don't have the financial means to help with what they're going through. A lot of the work they do is some of the greatest I can think of, because they're giving back to people who they have no idea who they are, and that says everything you need to know about them.

"Be The Match is doing everything they can keeping people educated, explaining why we should be a donor, join the registry and really help kids, adults or whoever is going through these blood diseases, such as sickle cell, to say, 'You know what? Here's an option for you that we might have to save your life.'

"The only way for people who are going through some of these cancers and blood diseases to survive is with this transplant, so to have donors in the registry and give people options to save their lives is why I decided to work with Aflac and Be The Match. It hits home with me. I lost my mother [Camellia] to bone marrow cancer four years ago and my brother [Todd Westbrook] about 15 years ago to lung cancer, so when I did more research and continued to educate myself, this was the perfect match, and now I'm here trying to raise awareness for cancer, for sickle cell, for blood diseases, and begging people to get out there, register and become a donor. It's easy. It's simple. Swab your cheek and possibly save somebody else."

"It's tough. It is tough without having my mom and brother here to share it with, but growing up to where I am now, they made so many sacrifices in the time that they were here with us to give me an opportunity to live my dream. It hurt after we won the Eastern Conference finals. I cried at one point to my team for maybe about 10 minutes, and then cried on my own, talking to my mom and my brother, wishing they were here and understanding that they're looking down on me, and they're smiling. I know they're just as proud now than ever. There were a lot of emotions going through my head, my heart, but the one that I focused on was how happy my mom and my brother would be to see me on the biggest stage of my life right now."

I've got some new robes I might have to get to. I'm going to sporadically throw them into the season."

Ben Rohrbach is a staff writer for Yahoo Sports. Have a tip? Email him at rohrbach_ben@yahoo.com or follow him on Twitter! Follow @brohrbach

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A conversation with Boston Celtics culture-setter Marcus Smart, the NBA's reigning Defensive Player of the Year - Yahoo Sports

As Green Bay prepared for their season-opener at Minnesota, part of the discussion centered on how to start the game, namely throwing it deep to rookie Christian Watson on the very first offensive snap.

Maybe part of it was strategic: The Vikings wouldnt expect a home run shot on the first play. Maybe part of it was tactical: The Packers drafted Watson out of North Dakota State in part for the 4.36 speed he clocked at the scouting combine.

And maybe, just maybe, part of it was to answer the narrative and remind everyone in the league, let alone the Vikings, that they could still be dangerous despite losing All-Pro Davante Adams to Las Vegas and overhauling the wide receiver corps.

We talked about it during the week, Do you really want to start off with a bomb shot? quarterback Aaron Rodgers said. I said, Yes, what the hell, why not? This kid can really fly. Lets give him a chance.

And so they called the play and Watson did as expected. He got behind the secondary and free deep I thought Christian ran a great route.

And Rodgers, being Rodgers, threw an equally great ball, perfectly timed and placed.

It hit Watson right in the hands.

Then it hit the ground.

A sure-fire, 75-yard, season-opening touchdown pass and catch lost due to the self-inflicted error. Watson grabbed his helmet in humiliation. Rodgers rolled his eyes in frustration. The tone was set for the game, one where the Packers young receivers made error after error as the passing game ground to a halt.

Aaron Rodgers said the Packers need to clean up the mistakes after his team's ugly 23-7 loss to the Vikings in Sunday's season-opener. (Photo by David Berding/Getty Images)

Minnesota didnt just win 23-7. It held Rodgers to 195 yards passing, one interception and no touchdowns. Just 95 of those yards went to the wideouts. (Meanwhile, Adams had 10 catches for 141 yards all by himself in his Raiders debut.)

Weve got to make those plays, Rodgers said. ... It's the mental mistakes we have to clean up, there were too many of those to ignore.

We knew this was going to be growing pains, Rodgers said of the young players. This is real football. It counts. Its different. There are nerves.

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And now there are lingering doubts.

Its worth remembering, of course, that just one year ago the Packers were trounced 38-3 by New Orleans in Week 1. The performance was so bad, and Rodgers' body language so obviously frustrated, that the Fox pregame show the next week questioned whether his man-bun (seriously) was a sign of him not wanting to play football any longer.

Green Bay promptly reeled off seven consecutive victories en route to a 13-4 season. After the opening week debacle, Rodgers threw 37 touchdowns against just two interceptions and was named the league MVP.

So, in his words, R-E-L-A-X.

Feels like we had a much better performance [this year], scored four more points than we did that day, Rodgers said. Theres a lot more to build on when you compare those two. Its just tough to win in this league and definitely tough when you get in your own way.

The Packers host Chicago on Sunday night in their home opener and the debate around Wisconsin is pretty simple concern or no concern? Was this the sign of a post-Davante drought to come, or just another slow start for an offense that has seen them before?

Its worth noting that while Rodgers has not expressed such concern about the young wide receivers, he also hasnt not expressed such concern about the young wide receivers. Postgame on Sunday, he just kept saying theyd have to improve.

Look, weve got to have patience with those guys, Rodgers said. They are young. They haven't been in the fire. That patience will be thinner as the season goes on, but, the expectation will be high. We will keep them accountable but there will be drops. You hate to see it on the first play, but there will be drops throughout the season.

It happens.

The wide receivers werent the only issues. Rodgers acknowledged he made a bunch of mistakes as well. Pass protection was also a problem, but the line is without both starting tackles, even if Rodgers refused to blame injuries.

We're professionals so there is an expectation for performance, Rodgers said.

All in all, it was an ugly opener. Green Bay has seen those before. Can the young wideouts, the young players who surround Rodgers up and down the roster, regroup?

Rodgers returned to the NFL this season because he believed they could. Well see how long that belief remains.

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Aaron Rodgers has dug the Packers out of a rut before. Can he do it again with a young receiving corps? - Yahoo Sports

The Spice Girls's Melanie Chisholm (better known as Mel C or Sporty Spice) has penned a new memoir, The Sporty One: My Life as a Spice Girl, in which she writes about having been sexually assaulted by a massage therapist in Istanbul, Turkey, on the night before the group's first live performance in the 90s.

"It happened to me on the night before the first ever Spice Girls live performance. And we'd never done a full-length concert before, so, obviously, we'd rehearsed for weeks ahead costume fittings, make-up, hair everything was leading towards the pinnacle of everything I'd ever wanted to do and ever wanted to be," Chisholm, now 48, said when asked about the incident on Tuesday's episode of the How to Fail with Elizabeth Day podcast. "And what drives me is being onstage, being a performer, so here we were the eve of the first ever Spice Girls show, so I treat myself to a massage in the hotel. And what happened to me, I kind of buried immediately, because there was other things to focus on. You know, I didn't want to make a fuss, but also I didn't have time to deal with it. And because I didn't deal with it at the time, I realize that I allowed that to be buried for years and years and years."

Mel C has written a memoir to be released Sept. 27. (Photo: Kate Green/Getty Images)

She explained that the assault wasn't initially going to be part of her book, but she realized that she had to share it in order to deal with what happened.

"When I was writing the book, it came to me in a dream, or I kind of woke up and it was in my mind. And I was like, 'Oh my gosh, I haven't even thought about having that in the book,'" Chisholm said. "Then, of course, I had to think, 'Well, do I want to? Do I want to reveal this?' And I just thought, 'Actually, I think it's really important for me to say it and to finally deal with it and process it."

The Spice Girls take the stage in the 1997 movie "Spice World." (Photo: Everett Collection)

So it was "cathartic" for her, but the singer also wanted to help others who had experienced something similar.

"I suppose in a version of sexual assault, it's a mild version, you know, but I felt violated. I felt very vulnerable. I felt embarrassed, you know, and then I felt unsure, 'Have I got this right, what's going on?'" Chisholm said. "I was in an environment where you take your clothes off with this professional person. So there were so many thoughts and feelings, and I just thought, you know what, I do want to talk about it, because It has affected me."

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As the host of the show noted, many sexual assault victims end up questioning themselves after an attack.

Chisholm connected it to the fact that she had been a people-pleaser.

"Everybody knows better than me. What if I'm wrong? I don't want to look stupid. I don't want to be stupid," Chisholm said she thought at the time. "As I've searched my soul, as I've got older and tried to overcome so many things in that trust your instinct. There's only one person on this planet who knows what is best for you, and that's you. Who knows what is right for you. Even if it wasn't that person's intention, it made you feel that way. And you have to let them know."

The singer is expected to reunite with all four of her former bandmates for a documentary next year.

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Mel C was sexually assaulted the night before the first live Spice Girls performance. Here's why she's talking about it now. - Yahoo Entertainment

Vice President Harris said in an interview broadcast on Sunday that she would again run on President Bidens ticket in 2024 if he decides to seek reelection.

The president has been very clear that he intends to run again, Harris told host Chuck Todd on NBCs Meet the Press.

And if he does, I will be running with him proudly, Harris added.

Biden and his aides have insisted the president plans to run for reelection if his health allows.

But some Democrats have dodged questions about whether they would support another White House bid by Biden, the oldest president in U.S. history, who also faces low approval ratings.

His approval rating, however, has made gains in recent days following a string of recent legislative victories for Democrats and easing inflation, although it still remains underwater.

Harris also told Todd she was very proud to serve as Bidens vice president.

We talk about family a lot, she said. We talk about our hopes, we talk about our dreams, we talk about the things that concern us, that worry us, the things that keep us excited about everything we are doing.

Its a real friendship. We have a real friendship, and I cherish that, Harris added.

If Biden decides to run for a second term, his candidacy could lead to a rematch of the 2020 contest against former President Trump.

The former president has remained active in Republican politics since departing the White House, in particular focusing on endorsing candidates in the midterm elections who support his unfounded claims of mass election fraud.

Trump has said he already made a decision on whether he would mount a third White House bid, but he has not yet made a formal announcement.

A Yahoo-News-YouGov poll released last week found that Biden had a 6-point lead in a hypothetical rematch between the two presidents.

Forty-eight percent of registered voters said theyd vote for Biden, compared to 42 percent who said theyd vote for Trump.

The poll also found that an increasing percentage of Democrats want Biden to run in 2024, now outpacing those who say he shouldnt run. The pollster last month found a plurality of Democrats did not want Biden to seek reelection.

A separate USA Today-Ipsos poll last month found that more than half of Democratic voters 56 percent indicated they did not want Biden to run for a second term.

The rest is here:

Harris says she would proudly run with Biden if he seeks reelection - The Hill

As the Fed tightens monetary policy and asset prices come down, investors may wonder if there is anywhere to hide during a bear market.

In continuation of our series, "What to do in a bear market," Yahoo Finance asked some experts which ETFs, or exchange-traded funds, to consider during these volatile times.

Think of exchange-traded funds similar to a basket of securities that trade on an exchange, just like a stock does. EFTs may contain stocks within an industry, bonds, crude, metals, currencies, or any other type of investment. Exchange-traded funds have exploded in popularity over the years.

They're simple to buy and sell.

Healthcare

Healthcare Sector ETFs present the best opportunity for investors who want a defensive play to weather the bear market and would like to be set up for one of the best long-term growth plays for this decadehealthcare innovation, says Jamie Cox, managing partner at Harris Financial Group.

Josaphet Ramos, 8, gets a swab test by a healthcare worker at a COVID-19 mobile testing site hosted by the Manatee County Florida Department of Health in Palmetto, Florida, U.S., August 2, 2021. REUTERS/Octavio Jones

Cybersecurity

If we think about enterprise spending, we've heard comments that it's starting to slow. But we also know that the pace of cyberattacks just continues to accelerate, ransomware in particular. Companies need to continue to protect their crown jewels," Chris Versace, chief investment officer at Tematica Research recently told Yahoo Finance Live.

"This is a huge pain point for companies, and they're going to have to spend to address it," he said. "The preferred way we have is to get a well-rounded exposure using a cybersecurity ETF whether is CIBR (CIBR), or perhaps even HACK (HACK)."

Semiconductor Index

"The SOX (^SOX) index has been decimated and for a legitimate reason: The semiconductor cycle peaked months ago, valuations and expectations got out of whack, and demand for chips has been contracting at an unusually accelerating pace, says Professor Jeffrey Bierman, Chief Market Technician at TheoTrade.com.

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An engineer holds a chip while posing for a photo (REUTERS/Ann Wang)

With that said, the SOX index which is typically characterized as a growth sector play has been reduced to a VALUE sector play. But make no mistake, many of the components that comprise the SOX (Inetl (INTC), Micron (MU), Qualcomm (QCOM), e.g.) have way overshot their long-term, historical valuations to the downside and as a result, have become bargain basement opportunities and not just bottom-fishing plays, he added.

Several ETFs track the PHLX Semiconductor index, some of them including SMH (SMH), and SOXQ (SOXQ).

Cox of Harris Financial Group said that "most of the damage is done to the sectors folks should avoid in a bear market. Among them are consumer discretionary and technology. Oddly enough, however, is how poorly communication services have performed during this bear market."

She added: "Once a stalwart during many a bear market given their utility-like characteristics and strong dividend payouts, that is certainly not the case today. Strong competition and high capital outlay for 5G have made the sector one of the worst for 2022."

SPYDER S&P Homebuilder ETF (XHB)

Until interest rates top-tick, housing-related and home-building stocks are likely to be held in check," Bierman of TheoTrade.com said."

"Mortgage rates are closing in on 6% and consumers are reigning in their thirst for home searches. Granted the valuations on a laundry list of homebuilders like KBH, PHM and DHI appear to be at rock bottom.

"However, the housing market is a cyclical, non-continuous market impacted primarily by the stock market wealth effect which has been temporarily dashed, and affordable mortgage rates which have yet to reach an apex. Don't jump into buying this sector just because it's depressed."

SPYDER Gold Shares ETF (GLD) "For too long strategists and business news media pundits have espoused that gold is a hedge against rising inflation and/or a falling stock market," Bierman added." News flash: That is categorically false or misconstrued. Gold is a prisoner to the U.S. Dollar. In other words, there is an inverse relationship or correlation phenomenon between precious metals and the U.S. Dollar Index (DX-Y). Until the U.S. dollar against foreign currencies not just reverses for a few weeks, but technically breaks below the $1.00 (par level) gravity point, the price of gold will likely generate fits and starts, but not gain traction to the upside."

Ines Ferre is a reporter for Yahoo Finance covering the US stock market. Follow her on Twitter at @ines_ferre.

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Which ETFs to consider in a bear market: Experts weigh in - Yahoo Finance

The list of broadcasting companies to pass on the new LIV Golf series grew this week.

Amazon and Apple two of the biggest and newest players in the sports streaming market both declined to carry LIV on their platforms, according to The Wall Street Journal. Other companies like ESPN, CBS, NBC and Fox have also already refused to air the Saudi-backed league, according to the Journal.

It wasn't surprising when other major networks passed on LIV CBS, NBC and ESPN already have deals with LIV's biggest rival, the PGA Tour. But Amazon and Apple deciding against the upstart golf series is significant because of the two company's recent foray into live sporting events. Amazon is set to unveil its new "Thursday Night Football" broadcast this week after paying in the neighborhood of $100 billion for the NFL's slate of games. Apple, meanwhile, inked a 10-year, $2.5 billion deal to stream Major League Soccer matches on Apple TV+ and also airs one "Friday Night Baseball" game a week.

Currently, LIV streams live on Facebook and YouTube and has a worldwide broadcast deal with the sports-streaming service DAZN. LIV also has deals with international networks like ServusTV in Germany and Austria and Eleven Sports in Italy.

Representatives at LIV didn't sound too concerned with the recent news, though. CEO Greg Norman told ESPN 1000 Chicago on Wednesday that LIV is talking with "four different networks" and that the interest in the company "is enormous." An executive also told the Journal that LIV is still early in negotiating its media rights and plans to have a deal by the start of the league's first full season in 2023.

Were bullish about our prospects given our player field and the quality of our product, LIV Golf Chief Media Officer Will Staeger said, per the Journal.

LIV recently lured 2022 Open Championship winner Cameron Smith to join the league that already fields star golfers like Dustin Johnson, Bryson DeChambeau, Brooks Koepka and Phil Mickelson.

Story continues

Despite the talented roster, controversy still swirls around LIV because the series is funded by the Saudia Arabian government, which has been accused of countless human rights violations. Many have claimed the league exists only to repair the world's view of the Middle Eastern kingdom also known as "sportswashing" and even Mickelson described the Saudis as "scary" business partners.

"We know they killed [Washington Post journalist Jamal] Khashoggi and have a horrible record on human rights," Mickelson said in February. "They execute people over there for being gay. Knowing all of this, why would I even consider it [joining LIV]? Because this is a once-in-a-lifetime opportunity to shape how the PGA Tour operates. And the Saudi money has finally given us that leverage.

Months later, Norman brushed off the allegations against the Saudis and said "weve all made mistakes."

The existence of LIV also fractured the sport of golf after the PGA banned players from the tour if they defected. There are still questions about whether or not LIV golfers will be allowed to compete in major tournaments like the Masters next year as well.

For now, any American fans of the league can only watch online on Facebook, YouTube or DAZN.

LIV Golf won't be streamed on Amazon or Apple. (Richard Cashin-USA TODAY Sports)

Originally posted here:

Apple and Amazon join growing list of companies to pass on LIV Golf media rights - Yahoo Sports

Bob Stoops and Fran McCaffery say they didnt know they were sending Cameos about Iowa offensive coordinator Brian Ferentz.

With Iowas offense being flat-out abysmal through the first two weeks of the season, someone attempted to get the former Oklahoma football coach and current Iowa mens basketball coach to send messages of support to the Iowa assistant coach and son of head coach Kirk Ferentz.

The troll worked, too. By telling Stoops and McCaffery they were talking to Brian with no last name provided, the two fulfilled their Cameo obligations. Both Stoops and McCaffery told the anonymous Brian that he still was loved and supported by his family and his father.

But both coaches told The Athletic this week they had no idea that Ferentz was the subject of their Cameos. Stoops got his start as an Iowa assistant after playing defensive back for the Hawkeyes.

An Iowa mens basketball team spokesman said McCaffery unequivocally did not know.

I agreed to do Cameo on a regular basis to raise money for Coaches vs. Cancer, McCaffery said. I would never do anything to disparage any Hawkeye program and fully support Kirk, Brian and our football team.

Stoops, a Ferentz family friend for more than 40 years, said he had no idea.

Of course not, absolutely not, no idea whatsoever! Stoops texted The Athletic. Did that Cameo actually a week or two ago. Some sad people out there! I support Kirk, Brian and every coach there. Im a Hawkeye through and through!

Iowa has scored exactly seven points in each of its first two games of the season and the offense has gotten just one touchdown. The first seven points of the season in a 7-3 win over South Dakota State came via two safeties and a field goal. The Hawkeyes got a TD in Week 2 but lost 10-7 to Iowa State on a late field goal.

Iowa is averaging 157 yards of offense over those two games. The rushing attack is averaging less than two yards a carry and QB Spencer Petras is 23-of-51 passing for 201 yards and two interceptions. RB Leshon Williams is the teams leading rusher with 38 carries for 106 yards.

Despite the struggles, the Hawkeyes are still 23.5-point favorites in Week 3 over a rebuilding Nevada team thanks to a defense thats allowed just 13 points. And oddsmakers arent showing too much confidence in the Iowa offense despite the large spread. The total for the game is at just 39.5 points.

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Bob Stoops and Fran McCaffery were both unaware they were making Cameos about Iowa's embattled offensive coordinator - Yahoo Sports