News

U.S. Economic Outlook Less Gloomy As Dow Jones Rises: IBD/TIPP (Investor's Business Daily)

published on : 05 Nov 2019 10:00 AM

Consumers’ views of the U.S. economy in the near term brightened somewhat in November, although economic outlook remains relatively pessimistic, notes Jed Graham of Investor’s Business Daily in his analysis of the latest IBD/TIPP Economic Optimism Index. The six-month economic outlook subindex jumped 3.5 points this month to a reading of 47, the highest since August. Despite the improvement, the measure remains below 50 for the third straight month, reflecting a pessimistic sentiment regarding the short-term prospects for the economy. Still, our leading indicator of consumer confidence, the Economic Optimism Index, remains strong, gaining 0.3 point to a score of 52.9.

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Joe Biden Retakes Lead From Elizabeth Warren; Both Beat Trump: IBD/TIPP (Investor's Business Daily)

published on : 03 Nov 2019 08:15 AM

Former Vice President Joe Biden regained the lead over the Democratic primary field in the November IBD/TIPP Poll, after falling slightly behind Senator Elizabeth Warren the previous month, as covered in the following Investor’s Business Daily analysis. Biden garnered the support of 29 percent of Democratic and Democratic-leaning voters this month, up from 26 percent in October. Meanwhile, support for Warren eased in November, from 27 percent to 23 percent. Rounding out the top three candidates was Senator Bernie Sanders, backed by 13 percent of Democrats, a three-point gain from October. In addition, the IBD/TIPP Poll finds that all three top-tier Democratic presidential contenders hold sizeable leads over President Donald Trump in hypothetical head-to-head matchups. Biden remains the most formidable opponent to President Trump, expanding his lead over the president to 10 points, 53 percent to 43 percent.

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6 In 10 Americans Back Trump Impeachment Inquiry: IBD/TIPP (Investor's Business Daily)

published on : 01 Nov 2019 02:25 PM

The latest IBD/TIPP Poll suggests that the constant barrage of news developments in the Democratic-led impeachment inquiry may be weighing on President Trump’s numbers, particularly among independents, notes Jed Graham of Investor’s Business Daily. This month, just over 6 in 10 Americans (61 percent) who are following the story support the inquiry, up from 55 percent in October. Support for the impeachment inquiry is even higher among independents, as compared with the general population, at 64 percent. In addition, President Trump’s approval rating declined by four points from the previous month, to a reading of 39 percent.

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Q3 Prints Better Than Expected (Seeking Alpha)

published on : 31 Oct 2019 5:38 AM

In his analysis of the latest GDP reading, J.G. Collins, writing for Seeking Alpha, anticipates continued strength in consumer spending into 2020. In support of his assessment, Collins references the recent performance of the IBD/TIPP Economic Optimism Index, which climbed 1.8 points in October, to a reading of 52.6.

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Why Do People Hate Estate Taxes But Love Wealth Taxes? (Forbes)

published on : 30 Oct 2019 10:27 AM

In the following article from Forbes, Joseph Thorndike contrasts the growing support for a wealth tax with the declining popularity of the estate tax, and advises wealth-tax proponents to avoid some of the same pitfalls that have beset the estate tax, such as broadening the tax beyond the wealthiest Americans. While assessing the souring public sentiment towards the estate tax, Thorndike cites an IBD/TIPP Poll from May 2017 showing majority support (54 percent) for repealing the tax.

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Auto Demand Remains Strong, Despite Short-Term Slowdown

published on : 24 Oct 2019 1:36 PM

Consumer demand for new vehicles weakened in October, after reaching its highest level in more than a year last month, as concerns over trade tariffs and rising prices dampen Americans’ auto purchasing plans, according to the latest reading of TechnoMetrica’s Auto Demand Index, a monthly study measuring U.S. consumers’ intent to acquire new vehicles in the short term. The Index dropped 13 points this month, to a reading of 116, the largest monthly decline since May. However, long-term trends in the Index suggest that while auto sales may moderate in the near future, new vehicle demand should remain resilient, sustained by a strong labor market, generous incentives, and the ongoing shift to larger vehicles, such as SUVs.

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Dear Democrats, time to make like an REO Speedwagon and 'fly'

published on : 19 Oct 2019 08:14 PM

While the Democratic primary field remains crowded, recent polling suggests that the race has narrowed to just a handful of viable candidates, according to Cheryl K. Chumley of The Washington Times. In her analysis, Chumley discusses the findings of the October IBD/TIPP Poll showing Senator Elizabeth Warren and former Vice President Joe Biden pulling away from the rest of the 2020 pack.

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Airlines Split on How to Inform Customers Once Troubled 737 Jets Return to Skies

published on : 17 Oct 2019 12:07 AM

In anticipation of the Boeing 737 Max’s return to service, airlines are considering various policies aimed at calming passengers who may be fearful of traveling on the planes, as discussed in the following article from Sputnik International. The piece cites several polls indicating consumer reluctance to ride aboard a 737 Max, including an IBD/TIPP Poll from April, which showed that 51 percent of Americans who were closely following news about the fatal plane crashes in Indonesia and Ethiopia would likely avoid travel on a 737 Max plane upon the resumption of flights.

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Is Boeing Stock A Buy Right Now? This Is What You Need To Know

published on : 10 Oct 2019 03:46 PM

In evaluating whether Boeing stock is currently a buy, Gillian Rich of Investor's Business Daily incorporates our research on consumer sentiment towards Boeing in the aftermath of the 737 Max plane crashes in Indonesia and Ethiopia.

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About that Fox News poll claiming 51% of voters want Trump out

published on : 10 Oct 2019 03:27 AM

In the following article, Monica Showalter of American Thinker urges skepticism over a recent Fox News Poll showing majority support for President Trump’s impeachment and removal from office. Meanwhile, Showalter notes the IBD/TIPP Poll’s proven track record in correctly calling the results of U.S. presidential elections, referring to our poll as “the best one to follow.”

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