Massive increases in incarceration rates and the general decline of working - class jobs have devastated the labor market prospects of men with a high school degree or less, the authors say. (sciencedaily.com)
Markets are also optimistic about emerging market prospects as reflected in strengthening equity markets and some further compression of interest rate spreads. (imf.org)
At the same time, we don't have strong views about immediate market prospects. (hussmanfunds.com)