Major markets are trading near all-time highs. The trend has led many experts and investors to wonder when and if the markets will hit their limits. According to Mark Hackett, chief of investment research at Nationwide, the markets should continue to perform well.
Hackett joins Cheddar to give his take on the current financial environment. He says that the signs of irrational exuberance that analysts noticed before the 2000 and 2008 collapse are not showing in today's market. Individual borrowing and corporation borrowing are healthy, and Hackett thinks the biggest risk lies in government borrowing across the world.
Overall, Hackett is confident the markets will continue to experience clear skies and highs in 2018. Rather than compare today's market to 2008 or 2000, Hackett says markets today are similar to the mid-1990s, a time of global strength and low volatility.
Merriam-Webster has fully revised its popular “Collegiate” dictionary with over 5,000 new words. They include “petrichor,” “dumbphone” and “ghost kitchen.” Also “cold brew,” “rizz,” “dad bod,” “hard pass,” “cancel culture” and more.
YouTube will offer creators a way to rejoin the streaming platform if they were banned for violating COVID-19 and election misinformation policies that are no longer in effect.
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A new poll finds U.S. adults are more likely than they were a year ago to think immigrants in the country legally benefit the economy. That comes as President Donald Trump's administration imposes new restrictions targeting legal pathways into the country. The Associated Press-NORC Center for Public Affairs Research survey finds Americans are more likely than they were in March 2024 to say it’s a “major benefit” that people who come to the U.S. legally contribute to the economy and help American companies get the expertise of skilled workers. At the same time, perceptions of illegal immigration haven’t shifted meaningfully. Americans still see fewer benefits from people who come to the U.S. illegally.