gallup.ipub.us http://gallup.ipub.us en-US http://blogs.law.harvard.edu/tech/rss socportals@mediacolo.com 13 bogus claims about the coronavirus, including a fake coconut oil cure and a false link to imported packages Misinformation about the novel coronavirus is spreading rapidly. Despite what you might've heard, you cannot get the virus from an imported package or a pet, and there's no evidence that garlic, marijuana, or sesame oil will help treat it.  The best way to prevent the spread of the coronavirus, and other viral illnesses, is to stay home when you're sick, and wash your hands frequently and vigorously with soap and water.  Visit Business Insider's homepage for more stories. The novel coronavirus, and the human illness it causes — COVID-19 — are deadly dangerous and spreading fast. As of Thursday, at least 2,810 people have died from the virus which emerged last December in Wuhan, China, and another 82,500 have been confirmed ill with the sickness that prompts fever, cough, and shortness of breath.  The virus is now found on every continent, save frozen Antarctica, and the number of new infections being reported around the globe is soaring, even as transmission in China slows down dramatically. There is no treatment or vaccine for the virus, which scientists suspect originated in bats, and might've hopped into an intermediary host animal, before infecting people.  Still, some are peddling fake misinformation about where the virus comes from, and how to "cure" it, as people around the globe hunger for easy answers to combat the spread of this new and relatively unknown virus.  Here are a few of the most egregious claims we've heard so far, as well as some of the best advice from experts on how to actually stay healthy and disease-free.SEE ALSO: There's only one way to know if you have the coronavirus, and it involves machines full of spit and mucus First, it's important to know there is no treatment or medicine for the illness. Taking antibiotics won't help, since it's a virus, and not bacterial. Treatment for the Wuhan coronavirus is a lot like the flu. Patients are advised to rest up and drink plenty of fluids. In severe cases, people who are having trouble breathing may need oxygen support. So far, older people are more susceptible than youngsters under 15, and most of the fatal cases have been among the elderly and patients with preexisting health conditions.  There is no vaccine for the coronavirus yet. Though the virus is believed to have originated in bats, there's no evidence that meat-eating is linked to the coronavirus, and you can't get it from your pets. People can spread the coronavirus to each other by having close contact (usually virus particles get passed around within six feet of an infected person), but there's no good evidence that cats and dogs can get infected, or give the virus to their owners. It's true that scientists suspect that the virus might've originated in a Chinese wet market, where people coexist in cramped quarters alongside animals both alive and dead, but it's not accurate to say that the virus is linked eating meat, as Peta UK has. "We get new viruses all the time," Dr. Robert Amler, Dean of the School of Health Sciences and Practice at New York Medical College and a former chief medical officer at the Centers for Disease Control and Prevention (CDC), recently told Business Insider at a coronavirus conference. "There's so much commerce and exchange between people that it is fully expected that some of these cases will spread."  The virus is very fragile outside the human body, which means you can't get it from a package or an envelope. Some people have raised concerns that they might be able to contract the coronavirus from imported goods packed by people in other countries who might be sick. But public health experts point out that the virus can only live for a few hours on hard surfaces, and the only way it's being spread between people is through close contact. For example, the first case of human to human transmission in the US was between a husband and wife who live together. Other cases have also been spread between patients and doctors in Chinese hospitals.  The coronavirus particles are very heavy, and usually fall to the ground right around a sick person, rather than lingering in the air, becoming airborne. This makes the virus far less contagious than some others, like the measles. Epidemiologists studying the novel coronavirus have found that a single infected person tends to spread their illness to between one and three other people, much like the seasonal flu. So far, children have proven rather resilient to this virus. Much like SARS, there are very few COVID-19 deaths in people under 15. A mother with the novel coronavirus reportedly gave birth to a perfectly healthy baby, and the average age of coronavirus patients, in one recent Lancet study, was about 55 years old. Do not use any "miracle mineral solution" to combat the virus. It's industrial bleach, and it is dangerous and unhelpful. As Business Insider's Gabby Landsverk previously reported, "the 'miracle mineral solution,' as it's known online (MMS for short), is a solution of 28% sodium chlorite in distilled water." The substance is not a cure for the coronavirus, but it is dangerous to human health, and it can prompt severe vomiting, diarrhea, low blood pressure, and acute liver failure. However, some bleach-based cleaners are helpful for keeping surfaces virus-free. The World Health Organization said "bleach/chlorine-based disinfectants, ether solvents, 75% ethanol, peracetic acid and cholorform" are all great ways to kill the novel coronavirus on surfaces, where transmission is possible, if not entirely probable. But the chemicals are dangerous when people put them on their skin, under their noses, or in their mouths, and they have "little or no impact on the virus" that way, the WHO said.  Likewise, algae is not a treatment for the new coronavirus. There is some evidence that red marine algae may inactivate certain viruses, like the ones that cause common cold sores (herpes). But the same hasn't been shown of the novel coronavirus. "The problem is that there are some 4,000 species of such algae, some of which may work against some viral infections but not against others," McGill's Office for Science and Society wrote online. "Without any regulations about proper labeling and without any requirement for verification of contents, it is a crap shoot." Nevertheless, at least one "holistic" healer, Gabriel Cousins, told his followers in a recent email that they should use red algae to prevent and potentially treat the coronavirus, even though no scientist has ever studied the effect of red algae on this virus. "I can't make a claim for the effectiveness of red algae against the coronavirus," Cousins said.  Nor will eating garlic or sesame oil do much for you. It's true that garlic contains organosulfur compounds that may help keep our hearts, heads, and guts running smoothly, and might even help prevent or fight cancer. The WHO also said that garlic "may have some antimicrobial properties," but there's no reason to believe it may ward off the coronavirus, and sesame oil (either applied topically or ingested) won't kill the virus either.  Marijuana is not a cure for this coronavirus. Despite any posts you might've seen on Facebook suggesting that "scientist are shocked to discover that weed kills coronavirus," that's not true.  There is good evidence that marijuana contains antibacterial cannabinoids that can kill bacteria. This is why scientists suspect weed may one day help treat antibiotic-resistant diseases, but again, the novel coronavirus is a viral illness, not a bacterial one, so pot's not going to be much use in this outbreak. Neither is cocaine. Once again, ignore any miracle cocaine coronavirus cures that might pop up on Facebook. The truth is that cocaine is a highly addictive substance, and can cause respiratory problems. That is certainly no help when you're dealing with a virus that (in severe cases) can make it difficult to breathe.  Coconut oil is smooth and rich, but it also has no place in coronavirus treatment. At least one health official in the Philippines recently suggested that coconut oil is "being looked into" to kill the new coronavirus, but that's not true in any serious way.  There are some studies, in mice, which have shown that coconut oil might, just might help kill bacteria that cause some Staphylococcus (staph) infections. But that doesn't mean the same will ever be true in people. In fact, scientists don't even know if our bodies are capable of making the compound derived from a coconut's lauric acid that could provide such a bacteria-killing bonus. Besides, the novel coronavirus is not the same as staph, anyway.  Vitamin C won't do much for someone with the coronavirus, just like it doesn't help provide much relief for people with a cold. At least one self-billed "megavitamin man" has promoted the idea online that intravenous vitamin C is being administered to coronavirus patients in China. But there's no evidence that's going on, and also no indication that vitamin C can help cure or ease a case of COVID-19. Even for the common cold, taking vitamin C regularly only provides very marginal benefits to highly athletic individuals, like marathon runners and soldiers.  Rinsing your nose with saline or gurgling mouthwash will not prevent the spread of the coronavirus. Yes, some kinds of mouthwash can kill microbes in your mouth, and rinsing your nostrils out (like with a neti pot) can feel very good if you have a stuffed up nose, but neither will prevent the spread of COVID-19 either.  There are a few basic, science-backed things everyone can do to prevent the spread of this novel coronavirus. Number one, wash your hands. Frequently, and with soap and water.  "If I could teach one thing to the public that would prevent most of the diseases that I have to deal with, it would be wash your hands and teach your children how to wash hands," Dr. Sherlita Amler, an adjunct professor of public health at New York Medical College and Commissioner of Health in Westchester County, said Friday. "Believe it or not, most people do not have much of an idea how they really should wash their hands, and in fact, I think some people actually try to do it without getting their hands wet." Amler said it's important to use soap, and that "it's the frictional movement of your hands that actually gets the bacteria off of your hands."  Hand sanitizer is helpful in a pinch, but nothing beats a good 20 second rub with soap and water, followed by a dry-off with a paper towel.    Getting your flu shot (if you haven't already) is also a great way to protect yourself from viral illnesses this season. Dr Amler said it's a great way to help yourself remain calm in this outbreak.  "It's much less likely that you're going to have the flu, which means you're less likely to have respiratory symptoms, which means you're less likely to feel anxious that 'oh my God, do I have this new disease that they're talking about?' Probably not. You probably had the flu." Stay away from sick people, and don't go to work or school if you're sick. "If you're ill, your family members are ill, stay home, don't spread those diseases," Dr. Amler said. "Basically that's what they've done in China, they have isolated everyone." And remember, face masks don't really help much, unless you put them on the people who are already sick, to protect others. Dr. Amler said one reason face masks are flying off shelves around the globe right now might be more psychological than preventative.  "I think the problem is they don't know what else to do," Dr. Amler said of people wearing masks. "They're just trying anything that they can do to help prevent themselves from getting sick." Her husband, also Dr. Amler, agreed. "Paper, surgical-type masks that you see in operating rooms ... these are designed to prevent your own coughing and excretions from getting into other people," he said. "They are really not to protect the wearer, they're designed to protect the people all around you." http://gallup.ipub.us/news/3280718-13-bogus-claims-about-coronavirus-including-fake-coconut-oil Thu, 27 2020 14:20:00 GMT http://gallup.ipub.us/news/3280718-13-bogus-claims-about-coronavirus-including-fake-coconut-oil 11 online startups making toothpaste, toothbrushes, whiteners, and aligners more accessible to help you improve your smile   Oral care is an important part of your overall health. Improper care can lead to irreversible emotional, physical, and financial consequences.  There are quite a few startups out there that want to help you take care of your teeth before they reach the point of no return.  Brands such as Quip (toothbrushes), Candid (aligners), and Twice (toothpaste) will get you excited to brush, straighten, and whiten your teeth, without overcharging you.  From prescription medication and eyewear to daily multivitamins and hair-loss treatments, consumer startups are tackling every aspect of your personal health. That includes oral hygiene — how you care for your teeth and gums.  In addition to emotional and physical consequences, there are financial consequences to practicing poor oral care. Compared to other health care services, dental care presents the highest cost barriers to the US population. Oral care startups hope to keep you one step ahead of these barriers by getting you excited to brush your teeth or floss regularly. While a new electric toothbrush or toothpaste won't be able to solve a cavity you already have, good habits like brushing twice a day with an effective toothbrush and flossing regularly are smart preventative measures to keep you out of the dentist's chair beyond your regular check-ups.  New oral care brands are also tackling cosmetic procedures like teeth whitening and teeth straightening, which are often prohibitively expensive and inconvenient. By lowering costs and making at-home solutions, they give customers further reason to smile a little wider.  The following 11 online startups make toothbrushes, toothpaste, aligners, and other oral care accessories to help you take care of your teeth and smile: Quip: toothbrushes Shop toothbrushes at Quip. Quip's American Dental Association-accepted electric toothbrush has a sleek and simple design. The battery-powered brush is lighter, less bulky, and more travel-friendly than a traditional electric brush, but it's still thorough in cleaning your teeth. The included mirror mount helps reduce bathroom counter clutter, while the affordable refill plan (which ships for free) ensures you're always using an effective brush head.  What to buy: Metal electric toothbrush, $35 + $5 refill (every 3 months)  Metal electric couples set, $70 + $15 refill (every 3 months)  Kids electric toothbrush set, $35 + $10 refill (every 3 months)  Read more about Quip:  I've been brushing with Quip's electric toothbrush for over a year, and I still love it — here's why Popular oral-care startup Quip has a new $25 electric toothbrush for kids — here's what it looks like and how it's different Boka: toothbrushes Shop toothbrushes at Boka. Boka's electric toothbrush features activated charcoal bristles to help limit bacteria growth and give you a pleasant brushing experience. Combine that with its toothpaste, which contains nano-hydroxyapatite (instead of fluoride) to naturally repair enamel, for a unique but effective twice-daily routine. You can choose from a variety of product bundles to subscribe to, or feel free to shop for brushes and accessories a la carte.  What to buy: Boka Kit, $60 + $21.60 refill (every 3 months)  Floss, $5 Classic Brush Two-Pack, $10 Read more about Boka:  I tried a $75 electric toothbrush with bristles made from activated charcoal — here's how it worked Goby: toothbrushes Shop toothbrushes at Goby. Goby's take on the electric toothbrush more closely resembles traditional designs, with its round oscillating brush head and storage stand. However, it charges by USB so it's more portable, and there are always cool limited-edition designs (often in collaboration with artists) to shop. The brush offers two speeds, normal and sensitive. We recommend the subscription option, which is more flexible than those of other startups.  What to buy: Gold Electric Toothbrush, $80 + $6 refill (every 1, 2, or 3 months)  Midnight Electric Toothbrush, $50 + $6 refill (every 1, 2, or 3 months)  Rose Electric Toothbrush, $50 + $6 refill (every 1, 2, or 3 months)  Read more about Goby:  Meet the $50 electric toothbrush that's giving big name brands a run for their money Burst: toothbrushes Shop toothbrushes at Burst. You may recognize it from it's viral "corn test" video, but the Burst electric toothbrush has several features to boast about, including three different brush modes, a strong motor that delivers 33,000 vibrations per minute, and anti-microbial charcoal bristles. One of the strongest aspects of the brush is its four-week battery life. Customers also love the brand's whitening strips.  What to buy: The Whitening Sonic Toothbrush, $69.99 + $6 refill plan (every 90 days)  Coconut Whitening Strips, $14.99 Read more about Burst:  I tried the Burst toothbrush made popular by the viral 'corn test' video — here's how it stacked up against my Philips Sonicare Candid: aligners Check your eligibility for aligners from Candid. Braces and Invisalign are expensive, which is why startups like Candid are stepping in with solutions that are not only more affordable, but also more convenient to use. By using its starter kit or visiting one of its physical studios, you can receive a personalized, orthodontist-approved plan to straighten your teeth. It'll send you all the aligners you need at once, and the total cost of treatment is less than $2,000.  What to buy: Personalized treatment plan and plastic aligners, $1,900 Read more about Candid: I got my teeth straightened through an online service called Candid for under $2,000 — here's how it works SmileDirectClub: aligners and teeth-whitening kit Check your eligibility for aligners from SmileDirectClub. SmileDirectClub is older than Candid and has helped improve the smiles of more than 650,000 customers. Get started with its at-home impression kit or visit one of its many "Smile Shops" for a 3D scan of your teeth. Then, you can choose one of two types of aligners: the Clear Aligners, which you wear for 22 hours a day, or the new Nighttime Clear Aligners, which you only wear for 10 hours each night. It also sells an affordable LED teeth-whitening kit.  What to buy: Personalized treatment plan and plastic aligners, $1,895 Bright On Teeth Whitening Kit, $74 Read more about SmileDirectClub:  SmileDirectClub's $79 LED whitening kit worked exceptionally well — and it didn't cause me any tooth sensitivity Glowup: teeth-whitening kit Shop teeth-whitening kits at Glowup.   Glowup's teeth-whitening kit combines a whitening agent personalized to the user's teeth sensitivity and discoloration level with a 16-minute light treatment to deliver pain-free and noticeable results. After taking its online quiz to determine your specific whitening needs, you'll receive this kit to use in the comfort of your own home. The company says customers can see up to eight shades of difference in brightness after a week of use. What to buy: Teeth-whitening kit, $60 Read more about Glowup: I tried a $60 teeth-whitening kit that was personalized to my level of sensitivity and discoloration — here's what it's like Twice: toothpaste Shop toothpaste at Twice. A premium toothpaste with a social mission — that's Twice, a new company cofounded by Lenny Kravitz that donates 10% of profits to the GLO Good Foundation, which serves communities with life-changing dentistry, education, and supplies. It makes two kinds of whitening, cavity-preventing toothpaste: one for morning use and one for nighttime use. Both are formulated with vitamins and aloe vera to soothe your teeth and gums, but the flavors differ to give you an awakening or calming experience, depending on the time of day.  What to buy: Early Bird + Twilight toothpaste, $17 Read more about Twice:  I tried toothpaste from Twice, an oral care startup that was cofounded by Lenny Kravitz — it helps provide free dental care to underserved communities in the Bahamas Wildist: toothpaste Shop toothpaste at Wildist. Wildist is created by a PG and Etsy alum, and the influences of these experiences are clear. While quality, efficacy, and transparency are at the heart of its natural toothpastes and deodorants, it also strives to make these everyday personal-care products visually captivating. Right now, it sells three types of toothpaste — try its sensitive version, formulated with ginger, or its nighttime version, formulated with soothing chamomile.   What to buy: Paste Party (3-Pack), $21 AM/PM Teeth (2-Pack), $14 Soothinger toothpaste, $8 Read more about Wildist: This startup is bringing personal-care products into the 21st century — its natural deodorant and toothpastes work incredibly well and look beautiful in your bathroom Hello: toothpaste and mouthwash Shop toothpaste and mouthwash at Hello. This oral-care brand prides itself on using natural ingredients and environmentally friendly packaging in all of its products, which include adults' and kids' toothpaste, mouthwash, and toothbrushes. You'll find coconut oil, activated charcoal, and real mint as common ingredients in its top sellers.  What to buy: Sensitivity Relief Toothpaste, $2.91 Activated Charcoal Toothpaste Twin Pack with Black Toothbrush, $15.97 Activated Charcoal Extra Freshening Mouthwash (3-Pack), $17.88 Read more about Hello:  The best natural toothpaste you can buy Cocofloss: floss Shop floss at Cocofloss. Does anyone really need luxury floss? If that means the floss is extra strong and thick, not to mention flavorful, then yes, you need Cocofloss. The soft, textured floss is gentle on your gums while scrubbing away plaque and removing food particles. It doesn't fray as easily as regular floss, which ultimately means you waste less product and money.  What to buy: Cocofloss (6-month supply), $25 Read more about Cocofloss: The best dental floss you can buy http://gallup.ipub.us/news/3280711-11-online-startups-making-toothpaste-toothbrushes-whiteners Thu, 27 2020 14:44:00 GMT http://gallup.ipub.us/news/3280711-11-online-startups-making-toothpaste-toothbrushes-whiteners Abby Dahlkemper says the USWNT is so good that their backups would be the second-best team in the world The US Women's National Team is good. Like, really good. The team has won four World Cups and four Olympic gold medals — more than any other country's national team — and hasn't lost a game in more than a year. Defender Abby Dahlkemper told Business Insider that the USWNT has "the first- and second-best teams in the world" and credits the deep roster for continually challenging her and making her a better player. Visit Business Insider's homepage for more stories. The US Women's National Team is really, really good. You may be familiar with some of its work, which includes four World Cup victories and four Olympic gold medals — more than any other country's national team. The USWNT players captivated the entire globe last summer as they bid for their second-consecutive World Cup while battling their federation for equal pay and publicly feuding with the president of the United States. But through it all, their focus never shifted, and their confidence never waned. They kept winning, and they intend to continue doing so, heading into the 2020 Olympic Games in Tokyo. Defender Abby Dahlkemper seems to think the national team is stronger than ever. She spoke with Business Insider about her team's deep roster while promoting her partnership with Massage Envy for its Acne Facial Series powered by Proactiv — which she says "has helped me with my confidence levels tremendously" and "can translate straight onto the field." Dahlkemper said the sheer amount of talent on the USWNT roster makes for a "challenging" environment, but one where players are continually improving and pushing their teammates to be better. That's why, by her estimation, the USWNT star told Business Insider that the team is indomitable — twice over. "We have the first- and second-best teams in the world," Dahlkemper told Business Insider. The competition amongst the women's soccer stars vying for a spot on the USWNT's 18-person Olympic roster is just as fierce — if not fiercer — than the competition for the gold medal itself. The women's national team has far more talent than it can use. The US could realistically field a second team made up of reserves and players cut from the final Olympic roster that is more talented than any squad in Tokyo besides the one donning red, white, and blue.  This means that USWNT starters like Megan Rapinoe, Carli Lloyd, Julie Ertz, Rose Lavelle, Becky Sauerbrunn, and Dahlkemper often face their toughest competition on the practice field. "It's really challenging, but I think that you're just going to get better in that environment," Dahlkemper said. "I've definitely gotten better in that environment, and I'm thankful that you have to bring your best every day in order to keep getting better and pushing your team and pushing your teammates, too." Much has changed for Dahlkemper and company since their meteoric rise during the 2019 World Cup. They've got a new head coach in former Seattle Reign frontman Vlatko Andonovski, and their style of play and roster has shifted as a result. While the final roster cuts for the Olympics still have yet to drop, Dahlkemper is almost sure to make the trek to Tokyo this summer. She's been on every iteration of the roster since the World Cup, and she's a crucial piece of the stalwart back line that has yet to give up a goal through six contests in 2020. The USWNT — which currently boasts a 23-player roster — has games against England, Spain, and Japan early next month as part of the SheBelieves Cup. Andonovski's squad will then take on Australia and Brazil in April before heading off to Tokyo in pursuit of the team's first gold medal since 2012. Read more: The USWNT has an embarrassment of riches, and it could be a problem heading into the 2020 Olympics Alex Morgan is still training and ripping shots while 7 months pregnant, and it may point to her readiness for the upcoming Olympics US Men's National Team players broke their silence on equal pay and gender discrimination, calling for the women's team to earn 'triple' the men's pay US Soccer says unequal pay for women is fair because 'men are bigger, stronger, faster,' as USWNT sues for $67 million Join the conversation about this story » NOW WATCH: 5 things about the NFL that football fans may not know http://gallup.ipub.us/news/3280706-abby-dahlkemper-says-uswnt-so-good-their-backups-would-be-se Thu, 27 2020 14:52:59 GMT http://gallup.ipub.us/news/3280706-abby-dahlkemper-says-uswnt-so-good-their-backups-would-be-se 10-year Treasury yield hits new record low of 1.27% The yield on the benchmark 10-year Treasury note skidded to a new low Thursday as concerns over the impact of the coronavirus dogged financial markets around the globe. http://gallup.ipub.us/news/3280665-10-year-treasury-yield-hits-new-record-low-127 Thu, 27 2020 14:29:20 GMT http://gallup.ipub.us/news/3280665-10-year-treasury-yield-hits-new-record-low-127 Carlos Manga Jr, Maria Roberto Talk on New Globo Series Unsoul’ BERLIN — Giant Brazilian TV network Globo has seen its bet on shorter-format series vindicated by the selection of two of their new series at this year’s Berlinale Series Market. Distancing itself from the tradition telenovela narrative, one of Globo’s Berlinale players is ‘Unsoul’ a supernatural drama, rare in its nature as it allows its […] http://gallup.ipub.us/news/3280590-carlos-manga-jr-maria-roberto-talk-new-globo-series-unsoul Thu, 27 2020 13:32:37 GMT http://gallup.ipub.us/news/3280590-carlos-manga-jr-maria-roberto-talk-new-globo-series-unsoul Robert Shiller, Rick Rieder, and 18 more of the brightest minds on Wall Street reveal the most important charts in the world Business Insider asked 20 financial experts — including Nobel-winning economists and acclaimed investment chiefs — to share charts that capture the biggest trends in markets.  The charts below illustrate opportunities for the decade ahead, potential catalysts for the next economic recession, and other big themes that will inform where investors should be putting their money now. Click here for more BI Prime stories.  Investing in financial markets has never been cheaper or more convenient. As transaction costs plummet to zero and dozens of platforms enable mobile trading of virtually any asset, it is imperative to have the soundest investing advice. That's why Business Insider once again solicited some of Wall Street's most acclaimed experts — an elite group that includes investment chiefs overseeing trillions in assets, Nobel-winning economists, and strategists capable of moving markets. We asked each of them to share a chart that illustrates the biggest message they would like to send to investors. Their responses were wide-ranging: from the biggest investment opportunities for the next decade, to brewing catalysts for the next recession and market implications of the coronavirus outbreak.  Their charts are accompanied by direct quotes on why each trend matters — and several experts included actionable guidance on where to invest.SEE ALSO: A Wall Street firm lists its 5 best hedges for an unusual coronavirus-driven market crash — and shares what to do if it's successfully contained 1. Robert Shiller: An 'existential threat' that will worsen the next recession is gaining momentum. "The chart is based on data (updated through 2019)  in my new book 'Narrative Economics: How Stories Go Viral and Drive Major Economic Events'. "The chart shows the percent of articles in Proquest News Newspapers (a digitized compendium of articles, searchable) that contain the phrase 'technological unemployment' and 'artificial intelligence' since 1900. "In my book I argued that the surge in attention to 'technological unemployment' starting in early 1929 with the publication of Stuart Chase's book 'Men and Machines' and lasting a decade was an important factor in making the Great Depression so severe. People worried that their jobs were being permanently replaced by robots, and so curtailed their spending, worsening the Depression. Note that attention to this phrase almost perfectly matches the decade of the Depression.  "The phrase 'artificial intelligence' today is getting an even bigger surge, and represents a more existential threat to our sense of economic virility. The next recession, if it substantially increases unemployment, may see this narrative stimulated further, worsening the recession. "The surge of attention to 'artificial intelligence' is an order of magnitude bigger, but still hasn't scared people so much so far, it seems. That could change in the future as the narrative develops further. (I did not directly compare these two phrases on one chart in the book, so this chart makes a new point, that the artificial intelligence narrative is much bigger than technological unemployment was.) "My count of articles is based on a count of the number of articles each year containing the word 'the.' I count this way to avoid counting short non-articles, like want ads." 2. Marko Kolanovic: A huge rotation is coming to the stock market. "The low volatility stocks are trading at extremely high valuations while the value stocks are at record cheap levels. This dislocation within the market is not sustainable and may drive a huge rotation in the time to come." 3. Rick Rieder: We're seeing a 'generational change' in how inflation is created. "We think we're seeing a generational change in inflation that few expected, but that will continue for many years to come. "Technology creates information symmetry, allowing us to efficiently find the cheapest price for any good or service: Hence no one is willing to pay higher prices even if they could afford to." Rieder (continued). "To us, this suggests that it's declining corporate pricing power, rather than rising wages, which is driving the inflation dynamic today." 4. Savita Subramanian: Financial stocks are in the early stages of a comeback. "Every sector except one saw their price/earnings (P/E) multiple expand over the past decade: financials saw P/E contraction. We think financials' re-rating may be in its early innings: more stable earnings, a rotation into value, and rising payout ratios/attractive cash returns should all benefit the sector." 5. Mike Wilson: Large-cap tech stocks may not win the next decade. "Over the past decade the returns from the SP 500 have become very concentrated in growth stocks, namely large-cap tech. In the past few years this concentration has reached extreme levels never reached before with the top 5 companies (top one percent) now accounting for 18% of the total market cap of the index. "This surpasses the prior high in the late 1990s. More concerning is the fact that the top one percenters' share of net income has not kept pace. While we don't know what the next big thing will be over the next decade, history suggests it won't be the prior decade's winners." 6. Byron Wien: Based on current valuations, the next decade could deliver meager US stock-market returns. "We've had a great decade of economic growth and equity returns. The 2020s are likely to be less rewarding. Based on current valuations, one could expect the broad market to only show 5% annual appreciation, with some bumps along the way." 7. Gary Shilling: Here's why slow growth won't be a permanent feature of the economy. "Economic growth in this decade-long economic recovery, at a 2.3% annual rate, has been the slowest in any post-World War II expansion. "'Experts' are busy concocting theories as to why slow growth will persist forever — aging population, permanently slow productivity growth, etc. As usual, theory follows fact and there is a cosmic human need for theories that ensure that current economic conditions will last indefinitely. "But many post-war babies are staying in the labor force because their health is good and they want to keep busy while others were poor savers earlier and lack the assets to fund retirement.  So they need to work until they expire. Also, productivity-soaked new technologies such as robotics, self-driving vehicles and biotech aren't big enough yet to move the overall productivity needle, but will be as their explosive growth continues." 8. David Rosenberg: Stocks and the economy have never been this weakly correlated. "The correlation between the SP 500 and GDP has never been as weak as it has this cycle. "If you want to talk about the stock market, you're better off doing so with your electrician, plumber, or taxi driver rather than an economist." 9. Lori Heinel: This 'powerful cocktail' could soon trigger inflation — and with far-reaching consequences. "We have hit a point where there could be a meaningful pickup in wage growth. If this occurs, it could also spur inflation and the market's inflation expectations. "Tight labor markets, coupled with improving global growth and an accommodative Federal Reserve, are a powerful cocktail that could (finally) lead to inflation which has been dormant since before the Global Financial Crisis.   "Depending on how high, how quickly and from what sources inflation sparks, we could see a number of effects including increased pressure on corporate earnings (which are already under pressure), higher bond yields, higher real yields, and more." 10. Lori Calvasina: The stock market has a crowding problem. "The recent dip in the SP 500 hasn't fixed the stock market's crowding problem. The latest data from CFTC indicates that stakes in US equity futures among asset managers are still above 2007, 2018, and 2019 highs despite slipping in the latest update (which is as of January 28). "Note that each of the prior 2018–19 peaks was associated with policy catalysts (tax reform, trade war, Fed cuts). Building enthusiasm over the phase 1 trade deal with China and anticipation of a Trump victory in the 2020 election helped push positioning up to its current level, in our view." 11. Paul Krugman: Trump's tax cuts did not deliver as promised. This chart shows "the remarkable failure of a huge cut in corporate taxes to produce any hint of an investment boom." 12. Scott Minerd: The slowing Fed balance sheet expansion will be a market headwind. "In September 2019, it became clear the Fed had drained too many excess reserves, as evidenced by the spike in overnight funding rates. Since then, the Fed has added liquidity through repos and Treasury bill purchases, which has been a catalyst for strong risk asset performance.   "We forecast further Fed balance sheet growth in 2020, but at a much slower pace, which could undercut the 'QE-lite' market narrative." 13. Binky Chadha: Stocks have rarely been this expensive. "The equity multiple has rarely been higher. Will this time be different? "The SP 500 P/E multiple has historically been in a 10x-20x range. At 20.5x, the multiple has now crossed beyond the upper end of this range. Indeed, excluding the late 1990s equity bubble, the multiple is in the 95th percentile over the last 85 years. "Most prior episodes when it was higher were associated with recession exits, when earnings were down steeply (-20% to -25%) but prices rose in anticipation of a recovery. In contrast, earnings are currently near record highs. "Outside of the recession-exit periods, there have only been four prior episodes of higher multiples: the 1964-65 golden age of growth (ISM averaged above 60); the steep rally preceding the 1987 stock market crash; the late 1990s equity bubble; and in early 2018 after the corporate tax cut when investors could count on an almost certain 10% jump in earnings." 14. Liz Ann Sonders: There's a gulf between corporate profits and stock prices. "Domestic after-tax profits as measured by the Bureau of Economic Analysis (BEA) have been relatively flat for the past couple of years, versus a recent record high for SP 500 earnings per share (EPS). "Most of the wide spread between SP 500 EPS and BEA profits appears to be due to: Some services sectors of the economy are under-represented in larger indices as they don't meet the SP 500's criteria; often inflating some SP's sectors' weights relative to their economic weights; e.g., technology is currently 24% of the SP 500; while the digital economy is less than 7% of US real GDP (as of 2017 BEA data). There is wider use of tax havens by larger companies. The two measures use vastly different accounting for employee stock options (SP uses GAAP, which allows for stock options to be expensed over time, using the value at the grant date; while BEA uses NIPA accounting, which only expenses options as they're exercised, typically later and with higher expenses)." 15. Dubravko Lakos-Bujas: The trade war shoved other critical issues to the back seat. The chart shows mentions per million words in earnings call transcripts for SP 500 companies.  "Tariff concerns have seen increasing traction from the corporates so far; fundamentals like labor and input costs have received less attention. Could a de-escalation in trade tension change this?" 16. Tom Lee: History shows there's hope for the battered manufacturing sector. "Long-term yield curve (30-year less 10-year, 200-day change) leads ISM by 18 months and 2019 was 'textbook.' And it also tells us ISM should soar in 2020." 17. Jeff Kleintop: There's an investing opportunity hidden in the yield curve's inversion. "Many investors focus on the inversion of the yield curve as a risk given its history as a negative signal for the overall stock market, but they may be missing the real message that signals an opportunity. "Inversions often mark reversals in long-term market performance trends as leaders and laggards change places as investors reassess their growth assumptions. "Examining the relative performance of growth and value stocks, we can see that reversals in long-term trends were often marked by inversions in the US yield curve — suggesting a long-term mean reversion favoring value stocks may soon begin to unfold from a similar extreme gap in relative performance. "This chart depicts long-term relative performance trends of growth and value stocks. When the blue line is rising, growth is outperforming value and when the orange line is rising, value is outperforming growth." 18. Kristina Hooper: Standby for a rally in Chinese and emerging-market stocks. "The chart shows the shrinking and re-growth of the Fed's balance sheet over the last two years juxtaposed with the performance of the MSCI Emerging Markets Index.  "The shrinking of the Fed's balance sheet was negative for emerging markets stocks because it removed liquidity from the system.  "In September 2019, the Fed ended balance sheet normalization. This, combined with liquidity injections into the repo market, has caused the Fed's balance sheet to actually expand. This in turn has been positive for emerging markets stocks.  "Another catalyst for Chinese and emerging Asian equities is the signing of the US-China phase one trade deal, which should drive consumer and business spending. While Chinese stocks and emerging markets stocks in general face short-term headwinds because of the rapid spread of the coronavirus, I expect China to provide monetary and fiscal support and, once the virus has been contained, a resumption of EM and Chinese equity outperformance." 19. Helima Croft: Libya's latest disruption to the oil market could last for a while. "Market consensus seems to be that the actual Libyan oil supply disruption is likely a temporary negotiating tactic and that all sides are financially incentivized to restore output. In our view, cutting off oil flow serves General Haftar's political ambitions of seizing power in Tripoli.  "As we have noted, oil exports fund the rival UN-backed government he is seeking to topple. Haftar may relent again and restore output (like in July 2018) but will likely only do so if his foreign backers apply enough pressure and threaten to cut off his funding. That occured in 2018 after President Trump applied enough pressure on Haftar's allies when WTI was pushing above $74/bbl.  "Yet given the current market environment, it is unclear if the White House will make this a diplomatic priority, especially as President Trump has publicly praised Haftar on multiple occasions. Hence, our warning this latest outage may not be as short lived as 2018 and may be more akin to 2013 2014 when Jathran used the oil weapon for his agenda." 20. Torsten Slok: Climate change is about to become a huge market mover. "Surveys across countries show that climate change is a major threat to the global economy. Changing behavior among politicians, companies, and households will likely have significant impact on financial markets in 2020." http://gallup.ipub.us/news/3280564-robert-shiller-rick-rieder-and-18-more-brightest-minds-wall Thu, 27 2020 13:07:00 GMT http://gallup.ipub.us/news/3280564-robert-shiller-rick-rieder-and-18-more-brightest-minds-wall Oil prices unravel to lowest level in 12 months as coronavirus threat looms The key US and global gauges of oil prices tumbled Thursday, after TheWall Street Journal reported WTI closed on Wednesday at its lowest price since January 2019. As reports around the coronavirus health crisis worsen, investors fear the economic slowdown resulting from it that will eat into oil demand. Visit Business Insider's homepage for more stories. The downward spiral in oil continues.  WTI crude toppled 2.71% from its previous closing price to trade at $47.41 per barrel Thursday. Making that decline more dramatic: Wednesday's closing price was a 12-month low for U.S. crude, The Wall Street Journal previously reported. Brent crude, the global benchmark, fell 2.96% Thursday to trade at $51.58 a barrel. That extended declines from Wednesday, when Brent closed down 2.8% at $53.43 a barrel. The selloff comes as sentiment around the threat the Wuhan coronavirus poses worsens globally. The World Health Organization said Wednesday that there are now more diagnoses of the virus outside of China than in it. That's after reports earlier this week of a spike in new cases in countries from Iran to Italy. The illness has killed over 2,800 and infected more than 82,000 to date. WTI and Brent crude have both seen their biggest five-day losses since August 2019, CNBC reported. WTI crude is down 10.4% and Brent is down 10.6% versus five trading days ago.  Oil markets are concerned a health crisis will slow economic activity enough to undermine oil demand. Coronavirus will already likely hamper growth and demand in China, the single largest importer of oil on the globe, and fears of greater fallout mount as the growth risk spreads to other economies. Adding to uncertainty, it is unclear whether OPEC will put a floor under the price fall by slashing production. Saudi Arabia and other member countries support a production cut, but Russia stood in the way of previous efforts, The Journal reported. The organization will meet late next week.  Join the conversation about this story » NOW WATCH: A big-money investor in juggernauts like Facebook and Netflix breaks down the '3rd wave' firms that are leading the next round of tech disruption http://gallup.ipub.us/news/3280552-oil-prices-unravel-lowest-level-12-months-coronavirus-threat Thu, 27 2020 13:42:13 GMT http://gallup.ipub.us/news/3280552-oil-prices-unravel-lowest-level-12-months-coronavirus-threat Oil prices slide as virus circles globe, stocks seek relief Oil prices fell further Wednesday as investors worried about the economic impact of the spreading new coronavirus. While stocks in Asia and Europe also slid lower, they bounced higher on Wall Street at the open of trading following two days of sharp losses. The Dow gained 0.4 percent at the opening bell after having fallen around three percent on Tuesday when officials said COVID-19 would likely take hold in the United States. http://gallup.ipub.us/news/3278562-oil-prices-slide-virus-circles-globe-stocks-seek-relief Wed, 26 2020 15:01:29 GMT http://gallup.ipub.us/news/3278562-oil-prices-slide-virus-circles-globe-stocks-seek-relief How Virtual Reality Is Benefiting Seniors Virtual Reality (VR) is being used to improve the lives of seniors across the globe by reducing loneliness, improving their mental health, and transporting them to places on their bucket lists, without the need to travel. http://gallup.ipub.us/news/3278264-how-virtual-reality-benefiting-seniors Wed, 26 2020 13:40:57 GMT http://gallup.ipub.us/news/3278264-how-virtual-reality-benefiting-seniors 4 Reasons Why Employee Engagement Is (Slowly) Improving And What You Can Do About It When Gallup first began measuring and tracking employee engagement levels in 2000, they found that only 26% of the U.S. workforce was truly engaged: motivated to show up and psychologically invested in the work they were doing. Moreover, a disturbing 18% of employees were “actively disengaged." http://gallup.ipub.us/news/3278255-4-reasons-why-employee-engagement-slowly-improving-and-what Wed, 26 2020 14:00:41 GMT http://gallup.ipub.us/news/3278255-4-reasons-why-employee-engagement-slowly-improving-and-what