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Barclays raises Cisco (CSCO.O) PT to $123 from $121.
2026-08-13
Barclays raises Cisco (CSCO.O) PT to $123 from $121.
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2026-08-12
Data from the U.S. Bureau of Labor Statistics shows that housing costs remained the main contributor to inflation in July, but the increase was moderate. The residential rent index rose 0.3% month-over-month, and the Owner's Equivalent Rent (OER) als
Data from the U.S. Bureau of Labor Statistics shows that housing costs remained the main contributor to inflation in July, but the increase was moderate. The residential rent index rose 0.3% month-over-month, and the Owner's Equivalent Rent (OER) also rose 0.3% month-over-month, both unchanged from the previous month, and rose 2.9% and 3.2% year-over-year, respectively. However, the overnight accommodation index for hotels and other similar establishments fell sharply by 2.8% month-over-month (previous value -2.3%), but rose 2.6% year-over-year, the largest drop among housing sub-categories. Water and garbage collection fees rose 0.4% month-over-month and 4.6% year-over-year. Overall, the housing index rose 0.1% month-over-month, contributing two-thirds of the overall monthly CPI increase, and rose 3.2% year-over-year.
2026-08-13
A The Economist/YouGov poll showed that as of August 9, Trump's smoothed net approval rating was -27 percentage points, but the latest poll from August 7-10 further worsened: only 33% of American adults approved of Trump's performance, while 62% disa
A The Economist/YouGov poll showed that as of August 9, Trump's smoothed net approval rating was -27 percentage points, but the latest poll from August 7-10 further worsened: only 33% of American adults approved of Trump's performance, while 62% disapproved, bringing the net approval rating down to -29, the lowest since YouGov covered both of Trump's terms. During the same period, his net approval rating for his first term was approximately -10, and Biden's was approximately -17. More importantly, the losses have crossed traditional party lines. The net approval rating among independent voters has fallen to -53; among non-MAGA Republicans, only 51% approve and 47% disapprove, compared to 60% to 39% at the beginning of the year. Meanwhile, Democrats lead Republicans 46% to 40% in the popular vote, a 6-point advantage, their largest since February. This means that Trump's low approval rating is beginning to carry over to the 2026 midterm elections, and is not just a polling issue. However, this does not necessarily mean that the Republicans will lose Congress. A single poll has a margin of error of approximately ±3 percentage points, and factors such as gerrymandering, candidate quality, and voter turnout all influence the final seat count. A more crucial signal is that Trump's political capital for a second term is significantly weaker than it was at the same time in 2017; if this trend continues, the market needs to increase its weighting on the probability of constrained fiscal, tariff, and regulatory policy implementation after the midterm elections.
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