To shore up an economy and health system battered during the COVID-19-induced recession, the U.S. Congress passed four major relief bills in 2020 and 2021. The Biden administration also made a number of administrative changes, including some aimed at helping people enroll in health insurance coverage. After a year of […] Read more »
Inflation Concerns Temper U.S. Investor Optimism
U.S. investors’ outlook for the investing climate improved slightly in the second quarter, with the Gallup Investor Optimism Index rising from +26 in February to +39 in June. This was driven largely by investors feeling more optimistic about economic growth, employment and their household income. The index would have rebounded […] Read more »
Economic Optimism Falls Despite Jobs Recovery, Stock Market Rally As Inflation Jumps
The stock market rally pushing the S&P 500 to all-time highs lifted the personal financial outlook among investors to a new record, the July IBD/TIPP Poll finds. Yet rising financial stress, as stimulus fades and inflation percolates, is weighing on U.S. economic optimism. The IBD/TIPP Economic Optimism Index, an early […] Read more »
President Biden’s Job Approval Slides, Honeymoon Appears Over: IBD/TIPP
President Joe Biden’s honeymoon with voters appears to be over amid diminished support for his economic stewardship, the July IBD/TIPP Poll finds. Biden’s job approval fell as his bipartisan infrastructure deal hit a pothole and Americans’ financial stress rose to a six-month high amid fading stimulus and a burst of […] Read more »
Post-Covid economy: Cities, mass-transit, car prices all changed by pandemic
As vaccination rates rise and the country emerges from the Covid-19 pandemic, there are a lot of questions about what “normal” is going to look like. Social distancing and masking will wane and “days at the office” will become more common again, but sliding back into old routines and patterns […] Read more »
Hope For Normalcy Is Growing. Here’s What Americans Are Still Worried About
Normal is not easily defined. The past 15 months, though, have certainly been anything but. Americans are starting to believe a “sense of normal” is approaching fairly soon, however, according to a new NPR/PBS NewsHour/Marist survey. The poll also found that with the coronavirus receding in this country, mask-wearing is […] Read more »