The Majority of Americans See the Economy as Weak
$DIA, $SPY, $QQQ, $VXX
Americans, Japanese and Europeans are not happy about their national economies
On the other hand , Chinese, Indians and Australians feel positive about their economies.
Those are among the findings from a survey released Tuesday of 20,132 people in 16 countries by the Pew Research Center.
Just 44% of Americans rated the US economy as “good,” up from 18% since Y 2011.
Politics plays a role in how Americans assess their economy.
Just 37% of US conservatives give the economy high marks, Vs 45% of moderates and 55% of liberals.
People in Japan and in many EU countries regard their economies as poor.
The survey was taken from 4 April to 29 May, which means that the results emerged before Britain voted on 23 June to leave the European Union. The Brexit vote rattled financial markets and magnified uncertainty about the outlook for the economies of Britain and continental Europe.
Tuesday, the US major stock market indexes finished at: DJIA +3.76 at 18533.05, NAS Comp +12.34 at 5225.48, S&P 500+0.85 at 2181.74
Volume: Trade was light with about 731-M/shares exchanged on the NYSE
- Russell 2000 +8.4% YTD
- S&P 500 +6.7% YTD
- DJIA +6.4% YTD
- NAS Comp +4.4% YTD
|HeffX-LTN Analysis for DIA:||Overall||Short||Intermediate||Long|
|Bullish (0.30)||Neutral (0.11)||Bullish (0.46)||Bullish (0.33)|
|HeffX-LTN Analysis for SPY:||Overall||Short||Intermediate||Long|
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|HeffX-LTN Analysis for VXX:||Overall||Short||Intermediate||Long|
|Bearish (-0.33)||Neutral (-0.17)||Very Bearish (-0.53)||Bearish (-0.29)|
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