20 Nov

Morgan Stanley sees the S&P 500 rising 9% next year with the ‘average’ stock doing even better

first_img– Advertisement – (This story is for CNBC Pro subscribers only).The stock market is on track for a solid gain by the end of 2021, but smart stock pickers have a prime opportunity to bring in an even larger haul, according to Morgan Stanley.Morgan Stanley strategists, led by chief investment officer Mike Wilson, set their S&P 500 target for the end of 2021 at 3,900, a roughly 9% increase from current levels. The firm said in a note on Monday that it also expects the average stock to outperform the index over that time period. The headquarters of Morgan Stanley in New York.Shannon Stapleton | Reuters – Advertisement – – Advertisement –last_img read more

13 Aug

Rate of Iowa kids lacking health insurance inches up

first_imgDES MOINES, Iowa – The number of Iowa children without health care insurance is slowing inching up – a red flag, according to children’s advocates who track the impact on families.A new report from the Georgetown University Center for Children and Families shows 2.7% of Iowa children lack health insurance.That’s up about 1,000 children from two years ago.That might not seem like a lot, but Anne Discher, executive director of the Child and Family Policy Center at the Iowa Department of Human Services, says it’s a sign that progress has been reversed.“It certainly marks a shift from many years where we’ve been able to decrease the share of children who are uninsured in our state,” she states.Georgetown has compiled the nationwide rates for uninsured children for nine years. The report says continual efforts to undercut the Affordable Care Act has made health insurance harder to get, or kept families from enrolling their children.The report notes one group with the most pronounced loss of coverage is Latino children, possibly due to immigrant parents’ fear of interacting with the government.Discher says Iowa children with health insurance are more likely to attend school regularly and because they have access to medicine, they’re less likely to be absent due to chronic diseases such as asthma.“It has long-term effects too, in terms of kids who are insured are more likely to graduate from high school, they’re more likely to go onto to higher education, and they’re more likely to get a good job as adults,” she states. “So, it’s got both immediate ramifications and long-term ramifications.”Joan Alker, executive director of the Georgetown University Center for Children and Families, says the trend of fewer children having health coverage doesn’t bode well for a nation experiencing a strong economy.“This is a time of relatively low unemployment rates, and children really should be gaining health coverage, but they’re not,” she states. “So, should an economic downturn occur, the child uninsured rate would probably increase more rapidly than what we’re seeing now.”The study found the number of uninsured children in the U.S. increased by more than 400,000 between 2016 and 2018, bringing the total number to 4 million nationwide.last_img read more

19 Jan

Garvo Lanete gives ailing Meralco a boost

first_imgBolts continue to lose key players as Hodge suffers suspected knee injury Nueva Ecija warehouse making fake cigarettes raided, 29 Chinese workers nabbed The Ormoc native also put pressure in himself to churn out a better showing after turning 29 on Tuesday.Fittingly, Lanete lit up for a career second-best 24 points on a 4-of-9 three-point shooting to lead Meralco to a tight 92-90 victory over Phoenix that kept them alive in the playoff race in the 2018 PBA Philippine Cup.FEATURED STORIESSPORTSTim Cone, Ginebra set their sights on elusive All-Filipino crownSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folk“I’m just lucky and I thank Lord for that,” said the former San Beda sniper, who is always prepared whenever coach Norman Black calls his number.Lanete shared the spotlight with his peers who are trying their best to make the Bolts run despite the injuries that beset the squad. PBA IMAGESWith key cogs down for Meralco, Garvo Lanete expected a bigger responsibility in its game against Phoenix on Wednesday.“We had to step up because we don’t have Jared (Dillinger) and we don’t have Cliff (Hodge). So when we lost to NLEX, coach was firm in telling us that we had to treat this game as a championship game,” he said.ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Nonito Donaire vs Naoya Inoue is BWAA 2019 Fight of the Year Sports Related Videospowered by AdSparcRead Next Don’t miss out on the latest news and information. OSG plea to revoke ABS-CBN franchise ’a duplicitous move’ – Lacson Phivolcs records 2 ‘discrete weak ash explosions’ at Taal Volcano Newsome sets focus on helping Bolts open new PBA season on right track Michael Porter Jr. stays patient as playing time increases MOST READ Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award “Every practice, the coaches have been telling me to not hesitate in shooting the ball. And it’s not just me, but the same with my teammates because we all stepped up. Me, Jason Ballesteros, Anjo Caram, Chris Newsome, Nico Salva, and of course, Cliff Hodge. Every game, we always have that same mentality.”With Meralco keeping afloat at 3-6, there’s not much room for error for the Bolts, especially with their Governors’ Cup Finals rematch set against Ginebra on Sunday.“It’s the same, we’ll have a championship game mindset,” he said. “Yes, we’re excited for the rematch, but we’ll treat that as a regular game. We just have to win.”ADVERTISEMENT Almazan vows to comeback stronger after finals heartbreak Steam emission over Taal’s main crater ‘steady’ for past 24 hours LATEST STORIES View commentslast_img read more