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With little notice, the United States may be crossing a historic milestone in family structure, one that may shape our health, wealth and happiness. Historically, most American adults were married — more than two-thirds as recently as 1970. But the married share has crept downward, and today only about half of adults are married. And to be clear, it’s more of the former than the latter.”Wilcox believes that perhaps a third of today’s young Americans will never marry. Survey data indicates that married couples on average report more happiness, build more wealth, live longer and raise more successful children than single parents or cohabiting couples, though there are plenty of exceptions.
Persons: , ” Brad Wilcox, , , ” Wilcox, it’s Organizations: University of Virginia Locations: United States
Why it will be tough for Biden to defeat Trump
  + stars: | 2024-03-09 | by ( Harry Enten | ) edition.cnn.com   time to read: +6 min
Joe Biden and Donald Trump are set to face off in the first presidential rematch since 1956. It’s that a lead of any margin for Trump was unheard of during the 2020 campaign – not a single poll that met CNN’s standards for publication showed Trump leading Biden nationally. It’s possible that if consumer sentiment continues to improve or border crossings decline, Biden could pick up steam against Trump. This means that it isn’t enough for Biden merely to win voters who dislike both men. For more people to turn against Trump, Biden’s best hope may lie with the four criminal indictments against the former president.
Persons: Joe Biden, Donald Trump, It’s, Biden, Trump, KFF, , I’ve, isn’t, it’s, I’m, George H.W, George H.W . Bush Organizations: CNN, Trump, The New York Times, Siena College, CBS, Fox News, Street, Biden, Electoral College (, Democratic, Electoral College, New, New York Times Locations: Electoral College ( Arizona, Georgia, Wisconsin, Arizona , Georgia, Nevada, Michigan, George H.W ., New York
The problem underscores a widely held consensus that Virginia’s mental health care system is in urgent need of reform, due to what Gov. Improving mental health care became a priority in the U.S. like never before as the pandemic brought new levels of isolation, fear and grief, in addition to pre-existing crises such as rising drug overdose deaths and the struggles burdening teen girls. Survey data from the U.S. Substance Abuse and Mental Health Services Administration found that in 2022, about half of adults with any mental illness did not receive treatment. Elsewhere in the U.S., states' policy concerns and approaches to improving mental health care have varied. Mental health was listed as a budget priority in most states in an analysis by the National Association of State Budget Officers.
Persons: — John Clair, Clair, , Glenn Youngkin’s, Virginia’s, we’ve, Brian Hepburn, , John Littel, ” Littel, Youngkin, they're, it’s, Katherine McGuire, candor, he's, , ____ Geoff Mulvihill Organizations: Clair's, Marion Police Department crisscross, Marion, Army, Gov, Republican, Mental Health Services Administration, National Association of State Mental Health, National Association of State, American Psychological Association, , Assembly Locations: RICHMOND, Va, Virginia, U.S, Cherry Hill , New Jersey
War in Israel and Gaza View All 206 Images"If there will be more displacement, I'm not moving," she said. Israeli air raids have started targeting Rafah over recent days. On Sunday, Hamas said Israeli air raids in the Gaza Strip over the previous four days had killed two hostages and injured eight others. The group said any Israeli assault on Rafah would "blow up" the discussions for deal to free the remaining hostages. My children keep asking me when Israel will invade Rafah and where we will go and if we will die.
Persons: Mohammad Salem, Nidal, Abu Mustafa family's, we’re, Laila Abu Mustafa, Benjamin Netanyahu, Abu Mustafa, Israel, Netanyahu, Mariam, Mohammad, Dan Williams, Ahmed Mohamed Hassan, Angus McDowall, Sharon Singleton Organizations: Reuters, Sunday, ABC, France's Foreign Locations: RAFAH, Gaza, DOHA, Egypt, Rafah, Israel, Qatar, United States, Gaza City, Mohammad Salem, Mughrabi, Doha, Jerusalem, Cairo
Desperate Palestinians in Gaza's Rafah fear coming Israeli assault
  + stars: | 2024-02-11 | by ( ) www.cnbc.com   time to read: +3 min
Aid agencies say that any assault on the city will be catastrophic in a war that has already caused untold misery. Last week Israel rejected a Hamas proposal, saying it would not stop fighting while the group retained brigades that Israel says are hiding in Rafah. Israeli air raids have started targeting Rafah over recent days. On Sunday, Hamas said Israeli air raids in the Gaza Strip over the previous four days had killed two hostages and injured eight others. The group said any Israeli assault on Rafah would "blow up" the discussions for a deal to free the remaining hostages.
Persons: Abu Mustafa family's, we're, Laila Abu Mustafa, Benjamin Netanyahu, Abu Mustafa, Israel Organizations: Hamas, Sunday Locations: Israel, Palestinian, Rafah, Gaza, Egypt, Qatar, United States
CNN —Most Americans want to see a verdict on the federal charges former President Donald Trump faces related to election subversion in 2020 before this year’s presidential election, according to a new CNN poll conducted by SSRS. About half of Americans, 48%, say it’s essential that a verdict is reached before the 2024 presidential election, and another 16% that they’d prefer to see one. Trump currently faces four separate criminal indictments, including federal charges related to his alleged efforts to overturn the results of the 2020 presidential election. Among those who see a pre-election verdict in the federal Trump election subversion case as essential, just 35% express trust in the Supreme Court on election-related cases. About half (48%) of Americans say they’d favor Trump attempting a mass deportation of undocumented immigrants and 39% that they’d favor repealing and replacing the ACA.
Persons: Donald Trump, Trump, Attorney Alvin Bragg, Stormy Daniels, It’s, he’ll, Joe Biden, Biden, he’s, Trump pardoning, SSRS, CNN’s Katelyn Polantz, Nicholas Anastácio Organizations: CNN, SSRS, Supreme, Trump, Capitol, Attorney, Mar, Republican Party, White, Republican, White House, Department of Justice, Democratic, Department, DOJ Locations: New York, Manhattan, Washington , DC, Florida, Georgia
On one hand, there’s polling. On the other hand, there’s election results. Almost every time polls bring Democrats down, there’s a special election result to bring them back up. The limitations of relying on special elections, on the other hand, are not as well understood. Unlike polls, special election results are hard facts, which make them tempting to view as a clear read into the 2024 electorate.
Persons: Biden, Donald J, there’s, Roe, Wade Organizations: Trump . Voters, Daily Kos
Johannes Neudecker | Picture Alliance | Getty ImagesChina's factory activity expanded for a third-straight month in January, a private-sector survey showed on Thursday, helped by the first expansion in new export orders in seven months. Thursday's print though, extended a divergence from official data that points to the patchy growth in the world's second-largest economy and underscores the need for policy support. China's National Bureau of Statistics released data Wednesday that showed the country's official manufacturing PMI coming in at 49.2 in January, a fourth consecutive monthly contraction — compared with 49 in December. The Caixin manufacturing PMI surveys around 650 private and state-owned manufacturers that tend to be more export-oriented and located in China's coastal regions, while the official PMI surveys 3,200 companies across China. Employment in China's manufacturing sector trended down in the official survey released Wednesday as in the Caixin survey.
Persons: Johannes Neudecker, Wang Zhe, Wang Organizations: Getty, P Global, National Bureau of Statistics, Overseas, Caixin Insight Locations: China
As recently as 2019, less than one-third of young men said that they faced discrimination, according to Pew, but today, close to half of young men believe they face at least some discrimination. There was not a single issue that young men cared about significantly more than young women. There was not a single issue that young men cared about significantly more than young women. Most young men are probably not interested in making America great again, but they do feel acutely the need to secure a place for themselves in a culture that readily identifies male advantage but ignores the challenges young men face. And this attitude has real-world consequences: In the online gaming world, 75% of Gen Z women have reported experiencing harassment .
Persons: Gen, Gen Zers, Zers, MeToo, Donald Trump, Z, Roe, Wade, Richard Reeves, Reeves, Trump, Andrew Tate, Elon Musk, Jordan Peterson, Pew Organizations: Survey Center, Democratic, Gallup, Southern Poverty Law Center, American Institute for Boys, Harvard, America Locations: Washington, America
Executives don't need to worry about Irrational misrepresenting their company, and participation can open them up to potential inclusion in products such as an ETF, van Adelsberg said. In total, the ETF recently held nearly 150 equities and is benchmarked to the CIBC Human Capital Index. Still, the team noted some challenges in building broader awareness of what human capital is or why it matters. "In this market, what we're seeing is that those companies who have strong human capital ratings are outperforming," van Adelsberg said. "The role that human capital plays in driving future equity performance isn't going down.
Persons: doesn't, Kristof Gleich, , it's, Gleich, , Morningstar, HAPI, David van Adelsberg, van Adelsberg, Eli Lilly, Johnson, Berkshire Hathaway, JPMorgan Chase, they've, It's Organizations: Capital Factor, Capital Advisors, Irrational, ETF, Microsoft, Apple, Nvidia, Meta, Morningstar, Mastercard, Berkshire, CIBC Human, JPMorgan, Securities, Exchange
American Shoppers Have Plenty of Dry Powder
  + stars: | 2023-11-22 | by ( Justin Lahart | Jinjoo Lee | ) www.wsj.com   time to read: 1 min
People say they plan to spend $1,652, on average, this holiday season, according to a Deloitte survey. Photo: Joe Burbank/Associated PressAmericans say they are worried about the economy, and there certainly are reasons to question the staying power of consumer spending. That doesn’t mean they won’t spend heartily this holiday season. The U.S. consumer is in a funk, according to the U.S. consumer. The University of Michigan’s sentiment index, based on a long-running survey of households, remains far below prepandemic levels and lately has been near levels experienced in the wake of the 2008 financial crisis.
Persons: Joe Burbank, haven’t Organizations: Deloitte, Associated Press, University of, Wall Street Locations: U.S
Ivey, 27, works for a tech consulting firm in Atlanta and says she drives into the office once or twice a month. Another 8% of hybrid workers say they haven't tried coffee badging just yet but are interested in doing so. So, "coffee badging gives you the opportunity to maintain your flexible schedule, which is incredibly important to employees," Weishaupt says. Weishaupt himself does the reverse of coffee badging, where he'll start his day from home, drive in mid-day to avoid morning traffic, and finish the rest of his day from the office. In the Philadelphia area, Kynisha Gary, 30, says coffee badging helps her find balance as a parent and Penn State student.
Persons: Yannique Ivey, you'll, Ivey, Frank Weishaupt, Weishaupt, Gary Organizations: CNBC, ., Owl Labs, Penn State Locations: Atlanta, Philadelphia, It's
The central bank's quest for a "soft landing" of more slowly rising prices and continued economic growth looks increasingly probable. In fact, the U.S. may hit a sweet spot just as the 2024 presidential election campaign crescendos next year. Rather than cheering, though, after years of economic turbulence since the coronavirus pandemic erupted in 2020, Americans grumble, at least if you ask them about the economy. With fast rising prices and the end of an array of pandemic-era government benefit programs, inflation-adjusted household income fell last year, and the poverty rate increased. A Biden adviser said the White House understands that the economy and inflation are a critical issue, and the campaign has a big media push planned on "Bidenomics."
Persons: Sarah Silbiger, Jerome Powell, crescendos, grumble, Joe Biden, Donald Trump, Jimmy Carter's, Ronald Reagan, George H, Bush, Democrat Bill Clinton, Clinton, Biden, They've, that's, Robert Shiller, stupidly, Shiller, Powell, Howard Schneider, Trevor Hunnicutt, Heather Timmons, Paul Simao Organizations: El Progreso Market, Washington , D.C, REUTERS, Rights, . Federal, Reuters, Republican, Biden, Democrat, U.S . Consumer, Yale University, McKinsey & Company, McKinsey, Thomson Locations: Mount Pleasant, Washington ,, U.S
Biden in May rolled out a new policy to deter illegal crossings, including deporting migrants and banning re-entry for five years, as his administration grappled with migration at record highs. He praised Biden for creating legal pathways for migrants but said they needed to be expanded. Hundreds of migrants who crossed without appointments have been forced to wait between two border walls. Within the last eight days, U.S. Customs and Border Protection (CBP) had processed more than 5,000 migrants in the San Diego area, a San Diego official said on Thursday. An unprecedented number of migrants entering Mexico hail from othercontinents, as the trek to the U.S. southern border increasingly becomes a global migration route.
Persons: Jose Luis Gonzalez, Joe Biden, Biden, Andrew Selee, Andres Manuel Lopez Obrador, Oscar Suarez, Suarez, Enrique Lucero, Giuseppe Loprete, don't, Lopez Obrador, Lizbeth Diaz, Laura Gottesdiener, Beth Solomon, Adrees Latif, Mike Blake, Ted Hesson, Rosalba O'Brien Organizations: U.S, REUTERS, Rights, Migration Policy Institute, Tijuana, U.S . Customs, Border Protection, San Diego, CBP, Migrants, Pacific, International Organization for Migration, IOM, Thomson Locations: United States, Rio Bravo, Mexico, Ciudad Juarez, California, Texas, Mexican, San Diego , California, El Paso, Central, South America, San Diego, Tijuana, U.S, Grande, Eagle, Panama, Darien, othercontinents, Monterrey, Mexico City, Washington
Simply put, America's patchwork of CCS chargers offers spotty coverage, hard-to-use devices, and, too often, chargers that are broken. Not to mention, there are fewer than 12,000 CCS fast chargers across the U.S. today. Opening up the Tesla charging network to our customers, that's about them and it scales very quickly for them. watch nowThe broad uptake of Tesla's charging tech is generally good news. What's more, Tesla's chargers all work the same way, whereas CCS chargers from rival companies may have very different procedures.
Persons: Mark Blinch, Reuters There's, General Motors, it's, Joe Biden, Tesla, Justin Sullivan, JD Power, Brent Gruber, Ford, John Lawler, Lawler, We're, Elon Musk, EVgo Organizations: Benz, Canadian, Reuters, Ford Motor, General, Volkswagen, Cox Automotive, Consumer, Energy, Institute, University of Chicago, Associated Press, NORC, for Public Affairs Research, United Auto Workers, EV, Public, U.S . Department of Energy, , Detroit, CCS, University of California, JD, Ford EV, Ford, GM, Volvo, Mercedes, SAE International, ABB Locations: Toronto , Ontario, Canada, U.S, San Rafael , California, Berkeley, Bay, Swiss
But a potential rematch between President Joe Biden and former President Donald Trump could upend that dynamic, polling suggests, with most voters saying their decisions would come down largely to their feelings about Trump. In CNN’s exit poll following the last presidential election, when Trump was the sitting incumbent and Biden the challenger, 54% of voters cited Trump as the bigger factor in their vote. Anti-Trump voters – Biden voters who are motivated largely by antipathy for Trump – make up another 30% of the potential electorate. While 89% in this group agree that any Republican would be better than Biden, just 64% say Trump would be better than any Democrat. Nearly 1 in 5 anti-Trump voters say they’d back Haley (18%) or former New Jersey Governor Chris Christie (19%) over Biden.
Persons: Joe Biden, Donald Trump, Trump, Biden, Trump’s, it’s, Barack Obama, Mitt Romney, George W, Bush, John Kerry, they’d, , Roe, Wade, They’re, they’re, Nikki Haley, Haley, Chris Christie, SSRS Organizations: CNN, Biden, Trump, Republican, Voters, GOP, Pro, Trump voters, Democratic, Trump voters – Biden, Trump –, Trump Biden, South Carolina Gov, Republicans Locations: Trump, New Jersey
CNN —President Joe Biden faces continued headwinds from broadly negative job ratings overall, widespread concerns about his age and decreased confidence among Democratic-aligned voters, according to a new CNN Poll conducted by SSRS. There is no clear leader in a potential rematch between Biden and former President Donald Trump, who is widely ahead in the GOP primary. And nearly half of registered voters (46%) say that any Republican presidential nominee would be a better choice than Biden in 2024. Record low share of Americans say Biden inspires confidenceViews of Biden’s performance in office and on where the country stands are deeply negative in the new poll. Despite voters’ strong opinions toward Trump, Biden fares no better against any other Republican hopefuls tested in the poll.
Persons: Joe Biden, Biden, Donald Trump, Nikki Haley, , Ronald Reagan, Barack Obama, Bill Clinton, they’re, Robert F, Kennedy, Jr, Marianne Williamson, , , CNN’s, Trump, they’d, Ron DeSantis, Mike Pence, Tim Scott, Scott, Vivek Ramaswamy, Ramaswamy, Chris Christie, Christie, Haley, SSRS Organizations: CNN, Democratic, SSRS, GOP, Republican, South Carolina Gov, Trump, Biden, Democrat, Voters, Whites, Independent, Capitol, White, Republicans
The annual Best Countries rankings from U.S. News may inspire hopeful chants of "USA!" The Best Countries survey gathered perceptions about 87 nations across 73 descriptive attributes, and Americans did view the U.S. as No. For instance, the world viewed the U.S. as No. A lower self-image was observed in several dozen other attributes as well, with the U.S. falling in rank when assessed by its residents compared with the full set of global respondents. Agreement elsewhere was more polarized, however, including on statements that assessed whether some of the most powerful countries are threats to the world.
Persons: Organizations: U.S ., United States, U.S Locations: United, U.S, United States, United Kingdom, New Zealand, Switzerland, Myanmar, Ukraine, Bahrain, Jordan, Russia, China
A Summer of Strikes
  + stars: | 2023-09-03 | by ( Molly Cook Escobar | Christine Zhang | ) www.nytimes.com   time to read: +7 min
A Summer of Strikes Work stoppages in the United States this year could reach heights rarely seen in recent decades. “Those are not just the big strikes that are in the news, but there are many smaller strikes across every industry,” said Kate Bronfenbrenner, a senior lecturer at Cornell University's School of Industrial and Labor Relations. Some, like Dr. Bronfenbrenner, see the resurgence of strikes and union organizing as a lasting trend. Surveys have shown increased public support for unions in recent years, she said, even as private sector union membership remains low. “When you have large strikes that are like waves across the country, they are contagious,” said Dr. Bronfenbrenner.
Persons: Jan, Ed, Ruth, Ronald Reagan, Joseph A, Reagan, McCartin, , Kate Bronfenbrenner, Bronfenbrenner Organizations: SAG, Verizon, General Motors, Railway, The New York Times, Hollywood, United Parcel Service, United Auto Workers, Ford Motor, City University of New York’s Graduate Center and School of Labor, Urban Studies, Gallup, Georgetown University, , Union, Mining, Arts, Retail, Public, Agriculture, Cornell University’s School of Industrial and Labor Relations, Cornell University's School of Industrial and Labor Relations Locations: United States, McCartin, walkouts
CNBC Daily Open: Jobs growth slowed down. Markets shot up
  + stars: | 2023-08-31 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
Surveys suggest that despite cooling inflation and jobs gains, Americans remain deeply skeptical of the president's handling of the post-pandemic economy. Photographer: Al Drago/Bloomberg via Getty ImagesThis report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets regain groundU.S. stocks rallied Wednesday on the back of weaker-than-expected economic data, giving the S&P 500 a four-day winning streak. But this could be an opportunity for investors to put their money into other Asian markets, analysts say.
Persons: Al Drago, downwardly, Organizations: Bloomberg, Getty, CNBC, UBS, Swiss, Credit Suisse, ADP, Japan's Nikkei Locations: Ocean City , New Jersey, US, Swiss, U.S, Asia, Pacific, Shanghai, China
Morning Bid: August rescued by Nvidia, bond rally
  + stars: | 2023-08-24 | by ( ) www.reuters.com   time to read: +5 min
REUTERS/Brendan McDermid Acquire Licensing RightsA look at the day ahead in U.S. and global markets from Mike DolanA dire August for world markets is being rehabilitated in its final week, helped by another sparkling AI-related surprise from chip giant Nvidia (NVDA.O) and a rebound in battered bond markets. The bar for surprise from Wednesday's earnings update was sky high, but the company somehow managed to vault it again. Despite the rebound the index is still down more than 4% for August - its worst month since last September. Ironically, the retreat in bond yields comes amid signs of cooling economic activity - but that comes with the significant relief that central banks may not have to squeeze any harder to get inflation back close to targets. Bond yields are in retreat in advance of the speech, helped by the easing economic data and a decent 20-year bond auction on Wednesday.
Persons: Brendan McDermid, Mike Dolan, Jerome Powell's, Jackson, China's spluttering, Bernadette Organizations: New York Stock Exchange, REUTERS, Nvidia, Federal Reserve, Fed, Treasury, Woodside Energy, Chicago Fed, Kansas City Fed, Intuit, Ulta, Reuters, Thomson Locations: New York, U.S, Frankfurt, Asia, Shanghai, Europe, Kansas, Jackson
Morning Bid: 'Flash' business funk and AI buzz
  + stars: | 2023-08-23 | by ( ) www.reuters.com   time to read: +4 min
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. Euro zone government bond yields and the euro tumbled as traders bet the European Central Bank may soon pause its interest-rate hike campaign, with money markets now pricing less than a 50% chance of further tightening. The dollar (.DXY) hit its highest since early June as both the euro and sterling took a hit. Existing home sales dropped to a six-month low in July, with new home sales numbers due later today. European and Japanese shares were up smartly too, but mainland Chinese stocks (.CSI300) underperformed yet again and dropped another 1%-plus.
Persons: Mike Segar, Mike Dolan, Wednesday's, John Stonestreet Organizations: Wall, New York Stock Exchange, REUTERS, Micron Technology, European Central Bank, Treasury, Federal, Jackson, Nvidia, Apple, Microsoft, Devices, Autodesk, Advance, Thomson, Reuters Locations: Manhattan, New York City , New York, U.S, Europe, Philadelphia, United States, Johannesburg
Eros Hoagland | Getty ImagesOver the past few years, Alicia Browne has noticed a change in what college students haul out of cars on move-in days at the University of Alabama. A growing pie — and market share up for grabsAs college spending is poised to grow, retailers have another reason to vie for students' dollars. Jakub Porzycki | Nurphoto | Getty ImagesIt is difficult to estimate how much college market share Bed Bath had in total. Shipt, the Target-owned delivery service, and Walmart have both tried to attract more college students to their membership programs by offering a special discounted price. She said the company's growth has been fueled by college students who want uniquely decorated rooms that reflect their personalities.
Persons: Eros Hoagland, Alicia Browne, Keurig coffeemakers, decorators, Browne, Prosper, Browne chalks, " Browne, Marshal Cohen, Jakub Porzycki, Harmon, Cristina Fernandez, Sonoma, TikTok, Dormify, Amanda Zuckerman, Zuckerman, Kate Reppeto, Callie Weathers Kate Reppeto, Repetto, she's, Anna Emblom Organizations: University of North, Hill, University of Alabama, College, National Retail Federation, IRI, NPD, Target, Walmart, Consulting, Deloitte, Nurphoto, Goods, Ikea, Telsey Advisory, Williams, Hamptons, Madison, University of Mississippi, Eagle Locations: University of North Carolina, Chapel Hill , North Carolina, Kohl's, Bath, Bed, Williston , Vermont, New York City, Madison Ave, Oxford, Miss, Southlake, Dallas, Fort Worth in Texas, Birmingham, Ala
What lies beneath Land mines left by Russian forces in Ukraine pose a deadly threat to Kyiv's military - and civilians in liberated territory. On average, anti-vehicle mines caused more incidents with multiple fatalities than anti-personnel mines did. GICHD has documented at least 12 types of anti-personnel mines and nine types of anti-vehicle mines in use in Ukraine. Formerly occupied towns in Kyiv; Sumy, Chernihiv, Mykolaiv and Kharkiv oblasts all saw a large number of mines, especially anti-personnel mines, left in place, Mathewson said. Ukraine is a signatory to the 1997 Convention on the Prohibition of the Use, Stockpiling, Production and Transfer of Anti-Personnel Mines and on their Destruction, and had been destroying its anti-personnel mines when the war began.
Persons: Mark Hiznay, , Adam Komorowski, Tymur Pistriuha, Hiznay, PARM, GICHD, Andro Mathewson, , Komorowsi, Mick Ryan, Mathewson, Nacho Doce, Pistriuha, Komorowski, ” Ryan, Ryan, Jack Watling, Watling, ” Watling, demining Organizations: Russian, Reuters, HALO Trust, Human Rights Watch, Advisory, Geneva International Centre, Humanitarian, Ukrainian Deminers Association, Ukrainian, U.S . Army, Australian Army, REUTERS, HALO, Mines, Royal United Services Institute, United, Surveyors, State Emergency Service, Dnipro River’s Locations: Ukraine, Ukrainian, Russian, Russia, Zaporizhzhia, Donetsk, Eastern Europe, South America, Caribbean, Soviet Union, Afghanistan, Germany, Kharkiv, Zaporizhzhia oblast, Kherson, Iraqi, Kyiv, Sumy, Chernihiv, Mykolaiv, , Vuhledar, United Nations, Nova, Izium
The July Bank of America Fund Managers Survey, a survey of more than 200 global fund managers, out today, indicates that 68% expect a "soft landing", while only 21% expect a "hard landing" (4% expect "no landing"). That estimate for a "soft landing" has been rising for several months. One of the underpinnings of a rising market is high levels of skepticism because it represents people who would come back into the market. But with a lot of investors jumping back in, it makes it harder for the market to advance. The market now has two problems: 1) rising levels of bullishness, and 2) high valuations, with the S & P 500 now trading at roughly 19 times forward earnings, well above the historic average.
Organizations: Bank of America, Survey, American Association of Locations: hawkish
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