The election of Donald Trump has brought with it a surge in optimism in the United States over the economy and stocks not seen in years.
The CNBC All-America Economic Survey for the fourth quarter found that the percentage of Americans who believe the economy will get better in the next year jumped an unprecedented 17 points to 42 percent, compared with before the election. It's the highest level since President Barack Obama was first elected in 2008.
The surge was powered by Republicans and independents reversing their outlooks. Republicans swung from deeply pessimistic, with just 15 percent saying the economy would improve in the next year, to strongly optimistic, with 74 percent believing in an economic upswing. Optimism among independents doubled but it fell by more than half for Democrats. Just 16 percent think the economy will improve.
"We're looking at America moving into a more positive era with regard to economic expectations,'' said Micah Roberts, vice president at Public Opinion Strategies, which serves as the Republican pollster for the CNBC survey. "No doubt the election of Donald Trump has ushered that in."
The poll of 800 adults around the country was conducted Dec. 2 to 5, and has a margin of error of 3.5 percentage points. Hart Research Associates served as the Democratic pollsters.
A majority of Americans tell CNBC they are "comfortable and prepared to support" a Trump presidency. The 56 percent of respondents who now back the president-elect represent a sharp change from the 43 percent who were asked the question just before the election in November by NBC News and The Wall Street Journal. The percentage is driven by 91 percent of Republicans supporting Trump but also 54 percent of independents and even 23 percent of Democrats.
The survey showed a rise in optimism when it comes to several key economic gauges. Americans now look for higher wage gains next year and bigger increases in their housing prices.
The post-election surge in major stock market indexes also has buoyed feelings about equities, with 40 percent saying now is a good time to invest, up 10 points from before the election. Again, Democrats became somewhat more negative on stocks while Republicans grew significantly more optimistic.
Those differences are also clear in the choice for what Americans believe is the best investment right now. While real estate remains the top choice for the third straight year, stocks gained the most ground at the expense of gold, real estate and Treasurys. Driving the change: the shine is off gold for Republicans and they, along with independents, have grown more favorable toward equities.
Nearly every demographic, except the poor and Democrats, now has a net positive view about investing in stocks.
But the survey shows the president-elect has his work cut out for him. Asked which one or two items Trump should focus on first, a 40 percent plurality answered, "Keeping U.S. jobs from going overseas." All other priorities were far back and it was the top choice for all parties, but especially the GOP.
"Among Republicans, there's keeping jobs from going overseas and then there's everything else it's really all about jobs and keeping jobs in the U.S.,'' said Democratic pollster Jay Campbell with Hart.
The second-most popular priority was increasing the minimum wage, which has strong support from Democrats and independents. The conundrum for the incoming president is that keeping jobs from moving overseas could, in some cases, mean lower wages for Americans.
Coming in third among priorities was reducing the deficit, a strong choice among Republicans and independents, followed by funding infrastructure, boosted by Democrats and independents. Again, these two priorities are potentially in conflict since infrastructure spending would boost the deficit.
A potential warning to the president-elect comes from two priorities he has discussed at length, business tax cuts and deregulation. Both come in far down the list among priorities for the public, with modest independent support and little backing from Democrats.
The income hike isnt likely to impress Trump, who insists without citing any evidence, and contrary to virtually every independent expert that the federal governments economic statistics are rigged. | Getty
The income hike isnt likely to impress Trump, who insists that the federal governments economic st
Even in San Francisco, Paul Ryan cant escape the shadow of Donald Trump.
In between fundraisers during a West Coast swing this week including an event with Apples Tim Cook the House speaker made a lunch stop on the city's waterfront, where he tried to sell a crowd of tech executives including Palantir co-founder Joe Lonsdale and Yelp CEO Jeremy Stoppelman on his work with the Republican Congress. To one person there, though, it went without saying: Ryan was trying to draw a juxtaposition with Trump.
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But the reality is that Republicans' fundraising has already taken a hit after months of Trump's rhetorical shots from skewering tech's biggest playe
6 April 2016 The number of people living with diabetes has nearly quadrupled since 1980 to 422 million adults, most living in developing countries, a dramatic rise mainly driven by overweight and obesity, the United Nations World Health Organization (WHO) has announced ahead of World Health Day.
To mark World Health Day (7 April), which celebrates WHOS founding in 1948, the agency is issuing a call for action on diabetes. In its first-ever Global report on diabetes, WHO highlights the need to step up prevention and treatment of the disease.
Measures needed to tackle the disease include expanding health-promoting environments to reduce diabetes risk factors, like physical inactivity and unhealthy diets, and strengthening national capacities to help people with diabetes receive the treatment and care they need to manage their conditions.
If we are to make any headway in halting the rise in diabetes, we need to rethink our daily lives: to eat healthily, be physically active, and avoid excessive weight gain, says Dr. Margaret Chan, WHO Director-General, who adds that even in the poorest settings, governments must ensure that people are able to make these healthy choices and that health systems are able to diagnose and treat people with diabetes.
WHO notes that diabetes is a chronic, progressive noncommunicable disease characterized by elevated levels of blood glucose (blood sugar). It occurs either when the pancreas does not produce enough of the insulin hormone, which regulates blood sugar, or when the body cannot effectively use the insulin it produces.
Key findings from WHOs Global report on diabetes
Among the key findings from the report are:
The number of people living with diabetes and its prevalence are growing in all regions of the world. In 2014, 422 million adults (or 8.5 per cent of the population) had diabetes, compared with 108 million (4.7 per cent) in 1980. The epidemic of diabetes has major health and socioeconomic impacts, especially in developing countries. In 2014, more than 1 in 3 adults aged over 18 years were overweight and more than one in 10 were obese. The complications of diabetes can lead to heart attack, stroke, blindness, kidney failure and lower limb amputation. For example, rates of lower limb amputation are 10 to 20 times higher for people with diabetes. Diabetes caused 1.5 million deaths in 2012. Higher-than-optimal blood glucose caused an additional 2.2 million deaths by increasing the risks of cardiovascular and other diseases. Global commitments to reduce diabetes
Many cases of diabetes can be prevented, and measures exist to detect and manage the condition, improving the odds that people with diabetes live long and healthy lives, says Dr. Oleg Chestnov, WHOs Assistant Director-General for NCDs and Mental Health. But change greatly depends on governments doing more, including by implementing global commitments to address diabetes and other [noncommunicable diseases].
Sip, a type 1 diabetes patient living on the outskirts of Bangkok, Thailand, takes a sweet drink with him to school which his teacher gives to him if his blood sugar is low. Photo: WHO/P. Brown
These include meeting Sustainable Development Goals (SDGs) target 3.4, which calls for reducing premature death from noncommunicable diseases, including diabetes, by 30 per cent by 2030. Governments have also committed to achieving four time-bound national commitments set out in the 2014 UN General Assembly Outcome Document on Noncommunicable Diseases, and attaining the nine global targets laid out in the WHO Global Action Plan for the Prevention and Control of NCDs, which include halting the rise in diabetes and obesity.
Around 100 years after the insulin hormone was discovered, the Global report on diabetes shows that essential diabetes medicines and technologies, including insulin, needed for treatment are generally available in only one in three of the worlds poorest countries, says Dr. Etienne Krug, Director of WHOs Department for the Management of NCDs, Disability, Violence and Injury Prevention.
Access to insulin is a matter of life or death for many people with diabetes. Improving access to insulin and NCD medicines in general should be a priority.
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HONOLULU The U.S. Supreme Court on Wednesday blocked votes from being counted in a unique election thats considered a major step toward self-governance for Native Hawaiians.
The high court granted an injunction requested by a group of Native Hawaiians and non-Hawaiians challenging the election. They argue Hawaii residents who dont have Native Hawaiian ancestry are being excluded from the vote, in violation of their constitutional rights.
The order blocks the counting of votes until at least the 9th U.S. Circuit Court of Appeals issues its ruling. The group suing to stop the election appealed a district courts ruling allowing voting to proceed.
University of California I
By running as a more palatable version of Trump, Cruz is now in a good position to win the GOP nomination. If youre a liberal, this news should make you very excited.
Cue the scary-minor-key power chord: Ted Cruz is within the margin of error of Donald Trump in Iowa. Its Trump 25 and Cruz 23, but as we will see further down, other numbers from the poll suggest that Cruz is well positioned to win what might now be a two-man race in the Hawkeye State.
This is just awesome news. One can now begin to see how this may all be shaping up. I tweeted it out last Friday. Trump becomes the crazy, not-really-electable, neo-fascist candidatethe choice of a good chunk of the base, but one t
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- Record rise in incomes could boost Clinton - Politico
- Ryan does Trump damage control in Silicon Valley - Politico
- 'We need to rethink our daily lives,' warns UN health chief, urging action to halt rising tide of diabetes - UN News Centre
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- Supreme Court blocks Native Hawaiian election vote count - Washington Post
- Ted Cruz?s ?Donnie Jr.? Strategy - Daily Beast