As the economy improved and as Millennials continue to age, earn more, and start their own families, that dismal figure has rebounded to the current 35.3 %, but it is still near 10
percent points lower than a decade ago.
Not exact matches
Only 37
percent contemplate leaving to advance their careers — five percentage
points lower than millennials.
Other CSO indicators available on Decision
Point are the Swenlin Trading Oscillator (STO), Stocks Above Their 200 - EMA, Bullish
Percent Index (BPI), ITBM / ITVM, New Highs and New
Lows, McClellan Oscillator, McClellan Volume Oscillator, 1 % EMA of A-D, and Volume Ratios.
The pan-European Stoxx 600 closed down 0.08
percent yet off its session
lows, while sectors
pointed in different directions.
South Africa's maize crop was decimated with current forecasts
pointing to a 26.6
percent lower harvest this year due to the severe drought.
And while 41
percent of small business owners say they don't see any indications that the recession is over, that's actually three percentage
points lower than the number of consumers who say economic conditions have not improved.
Still, Wall Street has continued to
lower its estimates for growth this year and next, with GDP now expected to be 1.95
percent for 2016, 19 basis
points lower than in March and below 2
percent for the first time since the question was first asked a year ago.
The likelihood of the U.S. entering recession is seen at just 21
percent, its
lowest level since September and down nearly 8
points from January, when fears were rampant of a slowdown.
Since January, Apple's stock has fallen by 5
percent, and it's only up 23
percent over the last three years — two percentage
points lower than the S&P 500.
The company's lone outstanding junk bond, worth $ 1.8 billion and maturing in 2025, briefly dropped two
points to as
low as 85 cents on the dollar for a yield of around 8
percent on Monday, according to MarketAxess data.
That's better than the 74.9
percent of prime - age workers who had jobs at the
low point of the economic downturn, in September and October 2011, or the 74.8
percent from November 2010.
And a Des Moines Register / Bloomberg Politics poll released over the weekend showed Biden gathering support from 14
percent of likely Democratic caucus - goers without even announcing — while Clinton's support slumped to 37
percent, her
lowest numbers there yet, and independent Vermont Sen. Bernie Sanders only 7
points behind.
At its
lowest point today, the stock traded down 2.84
percent at $ 821.03 per share.
Despite a shortfall of workers, average hourly pay rose just 2.4
percent from a year ago, one - half percentage
point lower than September's annual gain.
«For 30 years, interest rates have been coming down,
lower highs and
lower lows but we're at a
point now in terms of a long - term trend line where 2.6
percent represents the
point where an interest rate reversal should take place.
The economy may be healthy enough for them to raise interest rates, but the new 0.5
percent to 0.75
percent target for the benchmark fed funds rate, up a quarter
point from where it had been, remains far below the historical norm — and, by all indications, the Fed still expects rates to stay
low for at least a few more years.
Ms. Jones
points out that from a
low yield of 1.38
percent in July 2016, the 10 - year Treasury note now yields nearly 3
percent.
A knowledge that your so - called «
lowest point» actually isn't, and that your body and mind have a lot more to give than you initially believe is quite similar to the Navy SEAL's 40
percent rule for incredible resilience, which I've covered here before.
Specifically, Brainard
pointed to the current
low unemployment rate — 4.4
percent — and compared it to the last time the economy was around «full employment» from 2004 to 2007.
Data from China's National Bureau of Statistics showed the consumer price index rose 3.2
percent in February from a year ago, versus expectations of a 3.0
percent rise, while annual industrial production (IP) growth in January and February combined at 9.9
percent was the
lowest since October 2012 - the starting
point of China's nascent economic recovery.
The president's share of support also reached new
lows among his base, with 73
percent of Republicans (down three
points from earlier in August) backing him.
The Dow Jones industrial average briefly tumbled more than 1,500
points Monday into correction territory, or 10
percent from a recent high, but closed 1,175
points lower after falling nearly 666
points Friday.
In economic data, total mortgage application volume fell 0.2
percent for the week and was 0.8
percent lower than a year ago, according to the Mortgage Bankers Association's seasonally adjusted survey.On Tuesday, U.S. markets finished in the red, with the Dow closing down more than 400
points, while on Wednesday, markets in Europe and Asia were both trading deep in the red.
The Dow closed nearly 300
points lower on Tuesday, while the S&P 500 and Nasdaq each fell more than 1
percent.
In the past three years, HYLD has returned negative 1.68
percent, while JNK is up by about the same percentage, with an expense ratio (0.40
percent) that is 83 basis
points lower.
This is over 100 basis
points higher than its recent
low of 0.501
percent seen as recently as August.
That's a valid concern, but it's worth
pointing out that since its recent
low of $ 26 a barrel in February 2016, the oil price has surged nearly 150
percent — all while the number of active wells in North America has risen.
Four
percent of owners reported that all their borrowing needs were not satisfied, up 2
points and historically
low.
The net
percent of owners viewing current inventory stocks as «too
low» was a net negative 6
percent, down 3
points, suggesting that current stocks are looking more excessive in light of diminished sales expectations.
The Dow Jones industrial average closed
lower for six straight days, and gave up 323
points, or 2.5
percent between Thursday, July 5, and Thursday, July 12.
According to the NFIB survey on credit access by small businesses, «four
percent of owners reported that all their borrowing needs were not satisfied, up 1
point and historically very
low... only 1
percent reported that financing was their top business problem.»
In stock markets, a market cycle said to be complete when the Standard & Poor composite index, (S&P 500) is fifteen
percent above the
lowest point, or fifteen
percent below the highest
point.
For example, while high yield spreads are considerably
lower than they were at the January market bottom, they are approximately 200 basis
points (2
percent) wider than they were two years ago, as Bloomberg data shows.
Europe Segment Adjusted EBITDA decreased 17.3
percent versus the year - ago period to $ 177 million, reflecting
lower pricing, a negative 3.7 percentage
point impact from currency and an increase in marketing investments.
There is the further
point that the logic that led to the adoption of the 2
percent inflation target years ago suggests that it is too
low now.
Speaking by phone from Montreal on Wednesday, economist Paul - Andre Pinsonnault predicted Governor Stephen Poloz will cut the policy rate by a quarter
point to 0.25
percent next month, matching a record
low set in 2009 during the global financial crisis.
Had this economic cycle been similar to 2001, unemployment might already be
lower than 5
percent and gross domestic product growth could be a half - percentage
point higher — and there would be a lot more U.S. debt issued.
In its October 2014 World Economic Outlook (WEO), the International Monetary Fund (IMF) reduced its forecast for global economic growth to 3.3
percent for 2014, 0.4 percentage
points lower than in the April 2014 WEO.
Excluding items impacting comparability, the adjusted tax rate decreased 8.9 percentage
points from 27.8
percent to 18.9
percent primarily due to the ongoing benefit of the
lower U.S. federal tax rate.
Excluding items impacting comparability, the adjusted tax rate decreased 6.4 percentage
points from 30.2
percent to 23.8
percent, primarily due to the
lower U.S. federal tax rate.
Hungary's 10 - year notes climbed, cutting yields 23 basis
points to 9.85
percent, the
lowest close since Dec. 28, according to generic prices compiled by Bloomberg.
Male employment in Ontario followed a similar trajectory as manufacturing job declines, with only 80
percent of 25 - to 54 - year - old men holding a full - time job today, a full eight
points lower than in 1980.
For Healthcare Trust of America, Stifel updated same store growth to 2.3
percent and
lowered its operating margin estimate by 50 basis
points.
Sales of $ 2.180 billion were comparable to the prior year as a 1 -
point benefit from the acquisition of Pacific Foods and a 1 -
point favorable impact of currency translation were offset by a 2 -
percent decline in organic sales driven primarily by
lower volumes.
The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management ® (ISM ®) Non-Manufacturing Business Survey Committee: «The NMI ® registered 56.8
percent, which is 2 percentage
points lower than the March reading of 58.8
percent.
The Dow Jones industrial average finished 101.42
points lower at 23,461.94, with McDonald's as the biggest decliner; it fell 1.8
percent.
The company stated: «we have also
lowered our 30 - year fixed - rate mortgage forecast for both 2016 (by 30 basis
points) and 2017 (by 50 basis
points) to 3.6
percent and 4.0
percent, respectively.»
The stock market is considered to be in a bull market once it has gained 20
percent from a recent
low point.
In the event of a reasonable market pullback (say, a few
percent), and assuming market internals were still intact at that
point, I would be inclined to increase our call option position toward about 2 % of assets, which would provide good exposure to any market advance that might begin from that
lower base.
Bitcoin rallied from a
low point on Friday, rising more than five
percent and once again topping the $ 8,500 mark.