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Beitske Visser of Netherlands and Sirin Racing (95) leads Marta Garcia of Spain and CortDAO W Series Team (19) during the W Series Round 6 race on October 02, 2022 in Singapore.
Clive Mason | Getty Images Sport | Getty Images

Formula 1 is planning to develop a new women’s racing series.
The championship — which would be for younger drivers aged 16 to 22 — is planned to run alongside the similarly all-female W Series which has hit financial difficulties, canceling its last 3 events in 2022.

It is believed that the series would form part of the Formula 2 and Formula 3 feeder pyramid, and could come as early as 2023.
It is likely there will be between 12 and 15 drivers on the grid.
F1 would not confirm details of the series but a spokesperson said: “We are committed to ensuring the best possible opportunities for women to get into our sport and to get the skills and experience necessary to get to the top of F1.”

The news comes after Lewis Hamilton criticized F1 for not affording more help to W Series.
W Series, which aims to be a feeder for women into F1, was supposed to hold its penultimate round of the year in support of this weekend’s United States GP, however fundraising issues led to them curtailing their season early.

Jamie Chadwick, Britain’s runaway leader, was crowned champion for the third time, maintaining her 100% record in the championship.
Hamilton, speaking to the media on Thursday, said he felt F1 should have done more to help W Series.
“There is not enough representation across the board, within the industry,” stated Hamilton.
“And there’s not really a pathway for those young, amazing drivers to even get to Formula 1, and then you have some people who say we’re never going to see [another] female F1 driver ever. So that’s not a good narrative to be putting out.
“So I think we need to be doing more, and with the organization, with Formula 1 and Liberty [Media, F1 owners] doing so well it’s not a lot for them to be able to help out in that space.”

What will it take to get F1’s next female driver?

It has been 30 years since there was a woman racing in F1, and Sky Sports F1’s Danica Patrick and Jenson Button had their say on the subject during Friday’s practice build-up.
“I don’t know if it is necessarily in the form of a series as much as it is a culture and accepting and giving them a chance,” said Patrick, widely renowned as the most successful woman in the history of American open-wheel racing.
“I come from a unique position where I just came up through the ranks, I didn’t drive in a female series, there was no female-oriented element to it.
“I am a girl and I know that played into me having opportunities with sponsors but that still came up through the classic ranks so really what it takes to stick around and make it to the top is that you are given really good rides along the way and are able to show your talent.
“So it just really takes a culture of the people who own teams believing in them and giving them a chance, even if it just a test to see what they are capable of.

“I think there are definitely sponsors that jump on board because it is unique to sponsor a girl and they will get a lot of attention — but what it takes is that belief and faith that they are going to make it all the way to the top.
“I don’t think that it is necessarily a sponsor not going all the way to the top, it is a driver having all the talent to go to all the way to the top.
“There are plenty of men that don’t make it all the way so they just need to be at the right place at the right time and be given good opportunities with a good car.
“I always knew in my heart that if I was given the opportunity with a good car I could show them what I was capable of and fortunately it worked out for me and my career and that is what just has to happen.”
Button, the 2009 F1 world champion, added: “I think for me, having W Series, I was never a big fan of separating men and women in racing but I also think it is great for the young kids and the young girls having a role model like Jamie Chadwick as a driver.
“When you look at youngsters, there is a very small percentage of women that actually want to go on and race cars and I think it is because they can’t see it.”

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Monday – Friday, 6:00 – 7:00 PM ET

CNBC’s Jim Cramer on Friday told investors that stocks will likely continue to do well as long as the economy holds up.
“Many companies have battened down the hatches, so to speak, and prepped for a recession. So if we don’t get a severe slowdown, they will indeed keep flying,” the “Mad Money” host said.

CNBC’s Jim Cramer on Friday told investors that stocks will likely continue to do well as long as the economy holds up.
“Many companies have battened down the hatches, so to speak, and prepped for a recession. So if we don’t get a severe slowdown, they will indeed keep flying,” he said.

He also previewed next week’s slate of earnings. All earnings and revenue estimates are courtesy of FactSet.
Monday: Logitech

Q2 2023 earnings release at 9 p.m. ET; conference call on Tuesday at 8:30 a.m. ET
Projected EPS: 85 cents
Projected revenue: $1.2 billion

Cramer said the stock could take a hit because of the slowdown in the PC market.
Tuesday: Halliburton, Coca-Cola, Alphabet, Microsoft
Halliburton

Q3 2022 earnings release at 6:45 a.m. ET; conference call at 9 a.m. ET
Projected EPS: 56 cents
Projected revenue: $5.34 billion

Halliburton’s stock could soar after it reports earnings, he predicted.
Coca-Cola

Q3 2022 earnings release at 6:55 a.m. ET; conference call at 8:30 a.m. ET
Projected EPS: 64 cents
Projected revenue: $10.52 billion

Cramer said he expects the company to have a strong quarter, similar to Pepsi-Co’s.
Alphabet

Q3 2022 earnings release at 4 p.m. ET; conference call at 5 p.m. ET
Projected EPS: $1.27
Projected revenue: $71.08 billion

The Google parent company will likely report a solid quarter due to the strength of YouTube, he predicted.
Microsoft

Q1 2023 earnings release at 4:05 p.m. ET; conference call at 5:30 p.m. ET
Projected EPS: $2.31
Projected revenue: $49.66 billion

Cramer said he expects the stock to jump after the company reports.
Wednesday: Meta, Ford
Meta

Q3 2022 earnings release at 4:05 p.m. ET; conference call at 5 p.m. ET
Projected EPS: $1.90
Projected revenue: $27.47 billion

He called himself the “only believer” of the Facebook parent company.
Ford

Q3 2022 earnings release at 4:05 p.m. ET; conference call at 5 p.m. ET
Projected EPS: 27 cents
Projected revenue; $37.46 billion

While the demand is there for Ford’s vehicles, supply isn’t, Cramer said.
Thursday: Apple, Amazon
Apple

Q4 2022 earnings release at 4:30 p.m. ET; conference call at 5 p.m. ET
Projected EPS: $1.27
Projected revenue: $88.79 billion

Cramer said he’s sticking to his mantra of “own it, don’t trade it” when it comes to Apple.
Amazon

Q3 2022 earnings release at 4 p.m. ET; conference call at 5:30 p.m. ET
Projected EPS: 22 cents
Projected revenue: $127.49 billion

Cramer said he likes the company, especially because its cloud business seems to be doing well.
Friday: Colgate-Palmolive

Q3 2022 earnings release at 7 a.m. ET; conference call at 8:30 a.m. ET
Projected EPS: 73 cents
Projected revenue; $4.47 billion

There are better consumer packaged-goods plays than Colgate, he said.
Disclaimer: Cramer’s Charitable Trust owns shares of Halliburton, Alphabet, Microsoft, Meta, Ford, Apple and Amazon.

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Monday – Friday, 6:00 – 7:00 PM ET

It’s that time again! “Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.

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Iron Mountain Inc: “Right now I don’t want to back away from it. … We may have to do new work on Iron Mountain to see if it’s as safe as we think it is.”

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McKesson Corp: “[Buy.]”
Disclaimer: Cramer’s Charitable Trust owns shares of Procter & Gamble and Johnosn & Johnson.

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The CDC is considering using the novel oral polio vaccine to quash an outbreak in the greater New York City area that left one person paralyzed over the summer.
New York has continued to detect poliovirus in sewage samples, with the latest coming from Brooklyn and Queens.
The U.S. currently uses the inactivated polio vaccine, which is highly effective at preventing paralysis but does not stop transmission of the virus.
Oral polio vaccines are much more effective at stopping transmission, though they use a live virus strain that carries the rare risk of mutating into a virulent form.

Professor Monica Trujillo holds up wastewater samples at a lab at Queens College on August 25, 2022, in New York City. Since the first polio case was identified in July in New York’s Rockland County, the disease has been detected in New York City sewage, suggesting the virus is spreading.
Angela Weiss | AFP | Getty Images

The Centers for Disease Control and Prevention is considering using an oral polio vaccine for the first time in more than 20 years to stop an outbreak in the greater New York City metropolitan area that left an adult paralyzed over the summer.
“We are in discussions with our New York State and New York City colleagues about the use of nOPV,” said Dr. Janell Routh, the CDC’s team leader for domestic polio, referring to the novel oral polio vaccine. The oral vaccine the CDC is considering is a newer form that is more stable and carries less risk of mutation. 

“It will be a process. It’s not something that we can pull the trigger on and have it appear overnight,” Routh told CNBC on Friday. “There will be lots of thought and discussion about the reintroduction of an oral polio vaccine into the United States,” she said.

The New York State Department of Health, in a statement, said it is collaborating with the CDC on potential future options to respond to the outbreak.
U.S. drug regulators pulled the oral vaccine off shelves in 2000 because it contains a live — but weakened — strain of the virus that can, in rare circumstances, mutate into a virulent form that is contagious and can potentially paralyze people who are not vaccinated.
Scientists believe this latest outbreak was caused by someone who was vaccinated with the live virus overseas and started a chain of transmission that eventually found its way to the United States. Sewage samples in New York are linked to earlier samples in London and Jerusalem. It’s unclear where the transmission began originally.
While the oral vaccine doesn’t normally cause polio that paralyzes people, this one did because it was able to mutate into more virulent strains while spreading among people who weren’t vaccinated.

The U.S. currently uses the inactivated polio vaccine, which is administered as a shot and contains chemically killed virus that cannot replicate, mutate or cause disease. While New York state health officials have launched an immunization drive with the inactivated polio shots, that vaccine hasn’t stopped this outbreak.
The CDC has set up a work group within its committee of independent vaccine advisors to develop criteria for when the novel oral polio vaccine might need to be used to stop the current outbreak in the New York City area and potential future ones. The work group met publicly for the first time Wednesday and includes experts from New York.
“Since this outbreak occurred in New York, it was determined that we need to revisit polio. It’s really that simple,” said Dr. Oliver Brooks, the workgroup chairperson and chief medical officer at Watts Healthcare in Los Angeles.
The problem is that although the inactivated vaccine is highly effective at preventing paralysis, it does not stop transmission of the virus. The oral polio vaccine is much more effective at stopping transmission of the virus and is normally used to quash outbreaks.
The poliovirus strain currently circulating in the New York City metro area mutated from and is genetically linked to the Sabin Type 2 strain used in an older version of the oral polio vaccine.
The U.S., if needed, would use the novel oral polio vaccine, which is a safer and newer version that is more stable and carries a much lower risk of mutating into a virus strain that can spread and cause disease in people who are unvaccinated, according to Routh.
The novel oral polio vaccine was developed to stop poliovirus outbreaks caused by the less stable older version of the vaccine, according to the Global Polio Eradication Initiative. More than 450 million doses have been administered in 21 countries around the world.
Any decision to use the novel oral polio vaccine would require either an approval or emergency use authorization from the Food and Drug Administration. CNBC has reached out to the FDA for comment.
Routh, during the CDC advisors’ meeting Wednesday, said the goal of the public health response is to prevent further cases of paralysis but also to eliminate circulation of the virus in wastewater.
“As long as we have wastewater detections of this circulating virus linked back to the case patient’s virus, we know there is ongoing transmission in the community even without paralysis,” Routh said.
The World Health Organization recommends that countries using the inactivated vaccine, such as the U.S., consider deploying the novel oral polio vaccine if the inactivated shots don’t stop the outbreak.
“If we start to see this virus break out of its current geography and population, I think then we need to start thinking about other methods,” Routh said during Wednesday’s meeting.
An unvaccinated adult in Rockland County, New York, was paralyzed in June after contracting poliovirus. It was the first known U.S. case in nearly a decade and the first in New York since 1990. There have been no further cases of paralysis so far, though New York state health officials have warned that unvaccinated people are at serious risk and should get up to date on their shots immediately.
The CDC considers a single case of paralytic polio a public health emergency. Most people who catch poliovirus do not show symptoms, so when someone is paralyzed it’s an indication that the virus has been spreading widely and silently.
The New York State Department of Health has detected poliovirus in sewage dating back to April and as recently as September in several counties in the New York City area. The virus has been detected in 70 sewage samples across Rockland, Sullivan, Orange, Nassau, Kings and Queens counties.
The U.S. was declared polio-free in 1979.
New York Gov. Kathy Hochul declared a state of emergency in September, and Health Commissioner Dr. Mary Bassett declared the spread of poliovirus an imminent threat to public health.

CNBC Health & Science

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Monday – Friday, 6:00 – 7:00 PM ET

CNBC’s Jim Cramer on Friday advised investors to add Danaher to their shopping lists for next week after it reported third-quarter results.
“You’re now getting a chance to buy one of the best-run companies in the world at a big discount,” he said.

CNBC’s Jim Cramer on Friday advised investors to add Danaher to their shopping lists for next week after it reported third-quarter results.
“You’re now getting a chance to buy one of the best-run companies in the world at a big discount. I think you’ve got to take advantage of this pullback [next] Monday morning, because Danaher’s too good to ignore,” he said.

The life sciences and medical technology company beat earnings estimates in the third quarter but narrowed its 2022 bioprocessing revenue growth forecast to account for a decline in contributions from the Covid market.
Despite the beat, the company’s stock fell 5% on Thursday in response to the quarter. Cramer said that this was a mistake, especially when considering that Danaher is an “arms dealer” of the pharma and biotech industry. 
“There are very few players in the space and the industry is about as recession-resistant as it gets,” he said.
And while investors might be worried about the decrease in business from the Covid market, the company is refocusing its spending on the much larger non-Covid space, Cramer said. Non-Covid bioprocessing sales grew well over 20%, and the company raised its expected full-year core sales growth forecast to the high-single-digit range.
“The quarter was very, very strong despite what you may have heard,” Cramer said.

Disclaimer: Cramer’s Charitable Trust owns shares of Danaher.

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The PGA Tour has filed a lawsuit against LIV Golf backers, the Saudi Arabia Public Investment Fund, an entity controlled by the Saudi crown prince.
The tour is seeking deposition and documents from the fund’s governor, Yasir Al-Rumayyan.
The lawsuit, filed Friday in the U.S. District Court for the Southern District of New York, is a continuation of a series of antitrust claims between the rival organizations.

Team Captain Brooks Koepka of Smash GC and caddie Ricky Elliott shake hands on the 18th green during day three of the LIV Golf Invitational – Jeddah at Royal Greens Golf & Country Club on October 16, 2022 in King Abdullah Economic City, Saudi Arabia.
Charles Laberge | LIV Golf | Getty Images

The PGA Tour has filed a lawsuit against LIV Golf backers, the Saudi Arabia Public Investment Fund, an entity controlled by the Saudi crown prince, in an effort to force evidence discovery in ongoing legal battles.
The deep-pocketed fund has lured multiple high-profile players, including Phil Mickelson, from the tour after which it banned the players from competing in its events. The battle for talent has led to several lawsuits, lobbed in both directions, and disputes around evidence discovery.

The PGA Tour is asking a federal judge to compel the fund’s governor, Yasir Al-Rumayyan, to be deposed and produce documents related to the league. LIV’s lawyers initially agreed to cooperate with the discovery, but later reversed course and objected, claiming the league isn’t required to comply with the requests because it’s not a U.S. citizen, according to a person familiar with the legal dealings.
Representatives for LIV and for the Saudi Arabia Public Investment Fund didn’t immediately return requests for comment from CNBC.

The lawsuit, filed Friday in the U.S. District Court for the Southern District of New York, is a continuation of a series of antitrust claims between the two organizations. LIV Golf sued the tour alleging anti-competitive practices for banning its players, and the tour recently countersued LIV Golf, claiming the upstart league was itself stifling competition.
Critics have accused the Saudi Arabia Public Investment Fund of “sportswashing” by using the league to distract from the kingdom’s history of human rights violations. The league reportedly offered golf legend Tiger Woods $800 million to join, a proposition he reportedly turned down.
LIV Golf doesn’t yet air its matches on a major network. Golfweek reported that the Saudi-backed tour, with the help of the fund and one of its beneficiaries, Jared Kushner, was planning to pay Fox Sports to broadcast its 2023 season. Typically, channels pay leagues for the right to air competitions, not the other way around.

“Recent reports about media rights have been incomplete and inaccurate,” Jonathan Grella, LIV Golf chief communications officer, told CNBC in response to the Golfweek report. “LIV Golf is just beginning its process and is in active discussions with several companies about broadcasting the LIV Golf League. We caution that no one should draw any conclusions about potential media rights given that we are still in the middle of negotiations with several outlets.”
Meanwhile, the PGA Tour has taken to Washington, D.C., to lobby against LIV Golf, and LIV Golf CEO Greg Norman, a former PGA Tour star, made his own visit to Capitol Hill in mid-September to “educate members on LIV’s business model and counter the Tour’s anti-competitive efforts.”
The LIV Golf championship will take place starting Oct. 28 at the Trump National Doral Golf Club in Miami.

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The IRS has increased the 401(k) plan contribution limits for 2023, allowing employees to defer up to $22,500 into workplace plans, up from $20,500 in 2022.
The deposit limits will also increase for individual retirement accounts, jumping to $6,500 from $6,000.

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If you’re eager to save more for retirement in 2023, there’s good news from the IRS, which just announced higher limits for your annual 401(k) plan and individual retirement account contributions.
The employee contribution limit for 401(k) plans is increasing to $22,500 in 2023, up from $20,500, and catch-up deposits for savers age 50 and older will jump to $7,500, up from $6,500. The new amounts also apply to 403(b) plans, most 457 plans and Thrift Savings Plans.

The agency has also increased contribution limits for IRAs, allowing investors to save $6,500 in 2023, up from $6,000 in 2022. The catch-up deposit will remain at $1,000.
More from Personal Finance:IRS: Here are the new income tax brackets for 2023How much you can earn and still pay 0% capital gains taxes in 2023IRS bumps up estate tax exclusion to $12.92 million for 2023
The boost for IRA contributions is significant, as the cap hasn’t changed since 2019, limiting savings for Americans without a workplace retirement plan.
And more Americans may also qualify for Roth IRA contributions, with the adjusted gross income phaseout range rising to between $138,000 and $153,000 for single filers and $218,000 and $228,000 for married couples filing jointly.

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There are many ways to think about diversification. We’re going to focus on two — using correlations and the barbell strategy — and how drawing a little bit from each can help Club members approach an uncertain market. We’re also going to show you how we use these concepts day in, day out in the Trust portfolio. Correlations With this mindset, you seek out investments with attractive risk/reward profiles that also have a minimal or negative correlation to your existing holdings. These correlations are measured from minus 1 to plus 1. A correlation of minus 1 means that two assets move exactly opposite to one another. A correlation of plus 1 means they move perfectly in sync in either direction. Zero means no correlation. For example, against a holding in Club name Alphabet (GOOGL), where earnings estimates will be closely tied to advertising budget expectations that are themselves hostage to economic growth forecasts, one may take a position in Procter & Gamble (PG), the consumer staples giant that investors will seek safety in when economic forecasts deteriorate because the company’s sales are tied to more recession resilient offerings. Put another way, corporations will cut advertising budgets when a slowdown is anticipated because they know consumers aren’t going to spend as freely as they would in an expansion. However, those same consumers are still going to pay for laundry detergent, diapers and toilet paper. Barbell strategy The other way to think about diversification — and one we used heavily during this year’s choppy market — is the barbell portfolio strategy. Rather than look at how closely stocks move in-sync, we approach the portfolio through the lens of a binary event. It’s kind of like saying the two sides of the barbell are totally inversely correlated. But rather than thinking about historical correlation, we are more so thinking about a how to hedge for two different outcomes. During Covid, that event was the shutdown trade and the reopen trade. Historically, there was nothing that dictated that if United Airlines (UAL) was going higher, Take-Two Interactive (TTWO) had to go lower. However, in the context of Covid, that was precisely the case. If the headline of the day was that restrictions were being lifted, the gaming stocks would decline while the travel-oriented stocks gained. If, however, the news was that some new variant popped up, the opposite was true with the lockdown names gaining and the reopening names declining. How we use both approaches These days, portfolio construction requires a bit of both — combining these thought processes is how we arrive at our current portfolio of stocks. The current environment is characterized by so many crosscurrents that it’s simply not enough to look at historical correlations or pretend that everything driving this market will have a binary outcome. Our current portfolio has a little of everything. At a high level, we seek to have a fully diversified collection of stocks. Consumer discretionary: We hold companies like Disney (DIS), Estee Lauder (EL) and Wynn Resorts (WYNN). Health care: We hold the aforementioned J & J, Eli Lilly (LLY) and Humana (HUM). Staples: We own like Costco (COST) and Procter & Gamble . Industrials: We hold an economically sensitive names like Honeywell International (HON) — and a less sensitive one in terms of the economic cycle in Danaher (DHR). In names where the dynamics are a bit more mixed, we own Microsoft (MSFT) and Amazon (AMZN). Both will get hit on the personal computer and consumer retail sales side in a slowdown, but are also likely see more resiliency in their cloud offerings through Microsoft Azure and Amazon Web Services (AWS). We have energy holdings, which are also a mixed bag: On one hand, they help to hedge against inflation and global tensions; but on the other, they can see demand falter should the economy really slow down. OPEC+ is trying to manage supply to mitigate any demand-induced weakness, and most of our energy stocks, including Coterra Energy (CTRA), Devon Energy (DVN) and Pioneer Natural Resources (PXD) pay investors huge dividends to hold their stocks. So, you could argue we maintain a barbell between economically sensitive names and those with more resilience in a slowdown. However, today’s environment requires much more nuance and we attempt to illustrate that with every move we make. Take Monday’s sale of Advanced Micro Devices (AMD). We can’t say that this is a name tied to the economy, because even if PC sales rebound with the economy at some point, we have to consider the hard stance the Biden administration has taken on restricting semiconductor exports to China. This is not an economic boom or bust stock because it’s now, more than ever, tied to geopolitical dynamics as well. The same can be said of fellow chipmakers Nvidia (NVDA), Qualcomm (QCOM) and Marvell Technology (MRVL). Or there’s our position in Estee Lauder (EL), which we purchased more of on Tuesday and Thursday . if the U.S. economy slows it wouldn’t be great for the prestige beauty company as it could get hit in a spending slowdown, even though skincare is one of the faster-growing consumer categories. But we also have to consider China, where Estee Lauder has historically generated a third of all sales. Sales in the region have been held back by China’s zero-tolerance policy on Covid. We hope that its stance will ease in the future and Estee Lauder sales can hold up on the back of a Chinese reopening, even if U.S. growth weakens further. If inflation cools and interest rates fall, we need some of those longer-duration names, something like Salesforce (CRM). If it lasts a while longer, a name like Linde (LIN) may hold up thanks to cost pass-through clauses written into long-term contracts. If inflation lingers but the economy slows, we need something defensive like P & G or J & J. And if inflation persists but also economic activity picks up, you better own energy stocks. What if Russian steps up its war efforts? Again, better have some natural gas exposure as we head into winter. What if the Russian-Ukrainian conflict is resolved? Natural gas supplies may pick up, taking prices down, but so too will European economic activity. This makes the outcome a bit more difficult to gauge, though we might see some selling due to a reduction in geopolitical risk. So we have to weigh energy accordingly and be sure that we are booking profits on outsized moves to the upside. We can’t sell all of our semiconductors because, while the facts have changed in terms of China, the secular trend of digitization remains heavily reliant on chips. We manage the exposure but can’t give it up altogether because the group has already been cut in half. Also, what if U.S.-China relations begin to improve — after all, it’s better for everyone when the world’s two largest economies get along. In that case, growth accelerates at chip companies. When China reopens, the names that stands to benefit most are Starbucks (SBUX) and Estee Lauder, perhaps enough to offset weakness here in the U.S. and is in no way tied to the semiconductor dynamics. That also brings more demand into the oil market, so expect oil prices and the energy stocks tied to it to benefit. If China irrationally holds to its zero-tolerance policy longer? We need names without the China exposure, like beer giant Constellation Brands (STZ) which generates 100% of sales in the U.S. and Canada and doesn’t have to worry about a supply chain tied to Chinese policies. What if rates hold steady and the economy picks up? Banks stand to make a boat load on the interest rate spreads like Wells Fargo (WFC) did this quarter. If that’s not the case well in the meantime we’re getting healthy dividend payments and strong buyback activity out of names like Morgan Stanley (MS). What about a name like Apple (AAPL)? On the one hand, it’s a consumer tech company and will be hit in a downturn. On the other, it’s got the balance sheet to not only ride out any slowdown but also to keep buying back shares. And when share prices decline, buybacks are even more powerful and accretive to longer-term earnings as more shares can be sucked out of the market. Bottom line By constantly considering the possible outcomes of certain events — and reevaluating our views as new data comes in — we can buy and sell holdings to create a diversified portfolio to help mitigate the risks of any market. To be clear: No portfolio will be 100% immune to broad-based selloffs. But using correlations and the barbell method to create a diverse mix of holdings can help you stay invested in market. There will almost always be an area of the market to pull fund from, and an area to redeploy those funds in. (See here for a full list of the stocks in Jim Cramer’s Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

Traders work on the floor of the New York Stock Exchange (NYSE) on August 5, 2022 at Wall Street in New York City.
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