The CBS News Battleground Tracker model finds Republicans start the 2022 campaign with a lead in the race for the House, with 230 seats to 205 seats for Democrats. The party with 218 seats controls the House. Control of Congress is won and lost in districts, of course, so to […] Read more »
Midterm Misery for Biden as Key Economy Gauge Flags 30-Seat Loss
Whatever else is on Americans’ minds — and that’s a long list right now — the state of the economy looms large in any US election. That spells big trouble for Democrats in November’s midterm vote. A new study by Bloomberg Economics takes one gauge with a knack of predicting […] Read more »
Consumers adjust to inflation as labor market expectations worsen
Consumer sentiment was essentially unchanged from June, when it had reached an all-time low for the survey, according to the University of Michigan Surveys of Consumers. … Overall, the index rose by 1.5 index points in July, well within the margin of error and remaining almost 37% below a year […] Read more »
USA Today/Suffolk University Poll: 100 days before the midterms, Americans aren’t happy about their options
Key Points• Democrats lead the congressional ballot 44%-40%, better than an even split in June.• Across every demographic group, most Americans say the country is on the wrong track.• Top issues? Only the economy, abortion and inflation cited by double digits.• At stake in November is the power to pass […] Read more »
Backlash: The Counter-Revolutions Driving Politics & Policy
Politics and policy move in cycles. The pendulum swings from growing government to conservative retrenchment, less regulation to stronger oversight, Democratic leadership to Republican. Momentum is shifting again. There are four key backlashes to recent trends that businesses and investors must understand and navigate to succeed in 2023-24. CONTINUED – […] Read more »
Consumer Confidence Declined Moderately in July
The Conference Board Consumer Confidence Index® decreased in July, following a larger decline in June. The Index now stands at 95.7 (1985=100), down 2.7 points from 98.4 in June. … “Consumer confidence fell for a third consecutive month in July,” said Lynn Franco, Senior Director of Economic Indicators at The […] Read more »