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US Markets Show Lack of Upside, Strategist Laidler Says
US Markets Show Lack of Upside, Strategist Laidler Says

Bloomberg

time07-08-2025

  • Business
  • Bloomberg

US Markets Show Lack of Upside, Strategist Laidler Says

00:00 I want to start there with signs of complacency. Is it complacency about the economic damage on the heels of tariffs? Is it complacency about the labor market? Where are you seeing the sign of complacency? All of the above. It's slightly remarkable to me that we have a market which is way above average valuations with way above average earnings expectations, with way below average volatility at a time when the economy is clearly slowing and the tariff bill, which we know is coming. It hasn't even started to be paid yet. And just for good measure, we're going into the weakest two months of the year. So I think that is a set up which makes me feel a little bit nervous over the next couple of months. So is this a matter of CHOP, which is something we've heard a lot from people, or is this a matter of some sort of economic turn that people haven't really accounted for, especially on the heels of earnings that came out pretty positively? I think it's more about the lack of upside rather than the sort of absolute downside. I just really struggle to see when you have a market on 22 times earnings with 13% earnings growth, profit margins at all time highs increasingly supported by we got out of seven the market for just the little the only two ways to make money in markets and see the valuations their earnings and they both look sort of straight. So it's the lack of upside I worry about rather than the sort of absolute downside. And I just think there are better risk awards in in all the parts of the world, quite frankly. Like what parts of the world, Ben? Like any part of the world, quite frankly. I mean, you know, anything but America. Is that your trade? Well, I. I don't overdo that. But, you know, the US does stand out with very extended profit margins, very high earnings expectations, you know, a strong currency. And and and I, I well value the equity markets here with sort of a triple premium there and you have the reverse in the rest of the world. You've got some combination of cheaper markets, more depressed earnings and and cheaper currencies. And just simplistically, I just think that gives you that improves the risk reward and it gives you more ways to make money. It sounds like you don't think the US is exceptional anymore. Is that accurate? I don't think so, no. Well, maybe it's become acceptable in some of the wrong ways. In terms of the institutional instability we're seeing, the policy uncertainty. I mean, none of that is good and ultimately it will impose costs. I'm not saying the rest of all is fantastic. I'm just saying that it is priced for much more realistic earnings expectations and the bar is just much, much lower for foreign investors and for expectations to beat.

"It Always Ends In Misery": People Are Calling Out The Subtle Relationship Mistakes Many Of Us Don't Even Realize We're Making
"It Always Ends In Misery": People Are Calling Out The Subtle Relationship Mistakes Many Of Us Don't Even Realize We're Making

Yahoo

time31-07-2025

  • General
  • Yahoo

"It Always Ends In Misery": People Are Calling Out The Subtle Relationship Mistakes Many Of Us Don't Even Realize We're Making

Relationships can be hard work, especially when we don't even realize in the moment what we could be doing to treat our partners (and ourselves) better. Recently, people on Reddit shared the sneaky little relationship mistakes that too many of us have no idea we're making, and I definitely felt called out by a few of them. Here's what people had to say: 1."Getting complacent and slowly putting less and less effort into the relationship." —Traditional-West-219 "Yeah, this is what got my last relationship. Four years in, and on the cusp of getting married, they just completely stopped putting any effort into any aspect of our life together. Glad they did it before we married so I could untangle myself from them without it being a legal issue, I suppose." —zaidelles 2."Keeping a list of things you did, thinking your partner has to match your efforts to keep it even. I did this, so it's your turn to do that. Surefire recipe to fuck up your relationship." —sneakertotheizm 3."Not keeping a separate life outside of them." —MNJayW 4."You're actually supposed to like your partner." —StructuralFailure "This is one of the things that has been the most shocking to me in my adult life. I've come across so many people who truly dislike their partners. How can you share your life with someone you actively dislike? Honestly, I'd rather be alone! I will never understand it." —Pascale73 5."Bending over backwards for someone who doesn't put any effort into the relationship. It always ends in misery." —Theemberveil 6."Trying to deal with things on your own because you don't want to burden your partner or upset them. You are in this together." —Spooge_Bucket 7."People not realizing that the smallest things make a difference. Putting clothes in the hamper. Making them a cup of coffee. Helping without being asked. Etc." —Valuable-Weakness909 "Exactly. It's wild how much those tiny things add up. The feeling of being cared for without having to ask. I think many people underestimate how much that matters." —rodenthammer 8."Viewing your partner as an enemy during arguments. It shouldn't be me vs you, it should be us vs the problem. A lot of people would rather feel like they got the last word in or were 'right' about something than make sure their partner feels safe, loved, and respected." —40_degree_rain "Whenever I get stressed, I can get a bit snappy. My husband has this really great way of saying 'hold on, we're on the same team,' which reminds me that it's us vs the issue, not us vs each other. He truly is my better half in every way." —VanessaCardui93 9."Putting your partner on a too high pedestal, instead of seeing them as an equal. Once they look down on you, they will always look down. Don't put them on a pedestal, and refuse to get on one too." —A-Druid-Life 10."Moving too quickly. Your brain feeds on that initial spark of love like a drug. You become addicted to it and aren't always able to effectively evaluate compatibility until a certain amount of time has passed, and that drug starts to wear off a bit. But by the time this has happened for most people, they might have already gotten engaged, moved in, or somehow else have tied their lives together." —ambarone 11."Never thinking about what you want from a relationship or why you are in one in the first place." —No_Salamander8141 12."Acting inconvenienced when your partner is trying to connect. My most recent ex would be on TikTok all day, and anytime I opened my mouth, they would sigh and act annoyed as though I was 'distracting' them. It got to the point where I just stopped trying to talk to them. Death of a relationship, right there." —TechnicallyVeryMoist 13."Leaning on and going to someone outside your relationship when your relationship has problems, instead of working it out with your partner." —Imaginary-Bear-4057 "I've seen this so much. People come to me talking about their relationships and what to do/how to fix them. When I ask, 'Have you talked to your partner about this?' they say no. So my response is, 'Maybe you should talk to them first; they don't even know this is something you're upset about.' It amazes me how people just won't talk to their partners." —SirMathias007 14."Staying in the relationship just because you've invested so much time (sunk cost fallacy). You're either going to be unhappy forever, or eventually realize you should have left a long time ago." —jawshankredemption94 "Especially if you have children, shared finances, or large assets. The sunk cost grows deeper and deeper. I laugh when I think back to falling for the sunk cost fallacy because it had been 8 months, and I didn't want to find a new flat for the last 6 months of uni. 17 years later..." —Submarineto 15."Focusing too much on all the things that you're doing for your partner that you're missing what they're doing for you. Similarly, focusing too much on their mistakes and completely missing your own." —loomin 16."This is something my therapist once mentioned. Adults forget how to PLAY. However you play (being silly, playing fun games, pranking each other, little things that make you feel like a kid at heart), you need to keep doing that. It reminds you to be fun with each other, a trait that is usually lost pretty quickly after things get comfortable." —Forsaken_Ninja_7949 17."Being dependent on your partner for everything is usually a huge mistake that I've seen people make but won't admit. Maybe it worked back then, but now? That usually opens up to a situation they can't walk away from. I wouldn't feel comfortable getting into a relationship where my partner controls everything while I have nothing." —akaram369 18."Expecting it to be 50-50. Yes, it's great to be absolutely equal in the effort put in and received. But honestly, sometimes it's 70-30 because I'm having a really shitty time, and I only have the capacity to put in 30, and then my wife puts in more, recognizing that. Then other times it's 20-80 because my wife is the one who needs space and time to heal or cope with something, and can't put in the 50% needed. A relationship is supposed to be a safe place that rejuvenates you and energizes you; it's not supposed to be a place that drains your energy." —peepee2tiny 19."Arguing on an empty stomach. Like bro, are you mad or do you just need fries?" —BaseSure1172 20."Letting off the gas when it comes to changing things. I often fall victim to implementing a change we discuss at length, but then I think I have accomplished everything we talked about, and let it slip my mind, and repeat the cycle. Save yourself the trouble and don't lose focus on holding yourself accountable!" —Odious_Muppet 21."Forgetting to check in on your partner and your relationship. Just a simple, 'How do you think we're doing these days?' Forgetting to be curious about your partner just because you see and talk to them all the time." —bookishwayfarer 22."Texting all their challenging conversations. There's so much opportunity for miscommunication." —spider_hugs "My ex-wife was big on this. I would get texts a mile long in the middle of the day. Like, can you wait and talk in person???" —Suikoden420 23."This is one of the biggest issues for my husband and me: the benefit of the doubt. I ask him one sentence, and he will often misconstrue 10 different things that he thinks I feel, mean, or was actually saying. We are on the same team, we are partners — sometimes it's just a question. He is very defensive from his own family and childhood issues, and unfortunately, I get the brunt of it a lot." —passtheblame 24."Not expressing negative emotions or telling your partner they have upset you. This leads to built-up resentment and sometimes contempt." —Imaginary-Command542 "I had a relationship that I thought was great! Finally, a drama-free relationship! But eventually it made me realize that I found it hard to communicate with her how I feel about certain things that upset me, because I didn't want to create drama. Eventually, the relationship just crumbled because I became increasingly distant from her." —ihaten_blank_er 25."Arguing about the argument." —ImprovementFar5054 26."I love the advice a priest gave my friends. God doesn't pick your partner; he puts them on your path, and you pick them every day. Some days I get irritated with my wife, my kids, and my life, and then I remind myself that people beg and pray for what I have, and I stop, I give everyone forehead kisses and put down my phone, book, tools, etc, and sit and listen to them for 30 minutes. Listen to them talk, no feedback, no conversation, just listening and reacting to what they say. The value of just stopping and appreciating someone is immeasurable." —AwarenessPrimary7680 27."Not practicing humility. We are all human beings, we are allowed to make mistakes and be forgiven for them, but we have to couple it with the humility and integrity to properly apologize to the people we hurt and take accountability for the past. Without being able to properly face the past and practicing empathy for oneself and those around them, they will forever feel a perpetual victim to the world and people in their life, while never making the honest changes that could turn their life and how others treat them around." —Kali_404 28."Saying 'yes' too much or being 'too supportive.' I've seen people run themselves ragged and eventually want out of relationships because they feel like they have to support every whim of their spouse, and they eventually get exhausted and resentful. The spouse isn't always taking advantage of them either, they just feel like they have to say yes all the time." —GradeNo893 finally, "Most relationship struggles aren't caused by lack of love but by unspoken differences in how love, safety, and respect are understood. Not realizing that is the silent mistake." —Mi7che1l Is there anything you would add to this list? Tell me all about it in the comments or via the anonymous form below: Solve the daily Crossword

The 'stark' gender split in parliament
The 'stark' gender split in parliament

ABC News

time21-07-2025

  • Politics
  • ABC News

The 'stark' gender split in parliament

As parliamentarians descend on Canberra for the first sitting week of the 48th parliament, Anthony Albanese is warning Labor to avoid complacency. And while Opposition leader Sussan Ley makes history as the first woman in the role, the "stark" gender split between the Coalition and Labor ranks will be on display across both chambers. So, what can we expect from Australia's 48th parliament? Patricia Karvelas and Jacob Greber break it all down on Politics Now. Got a burning question? Got a burning political query? Send a short voice recording to PK and Fran for Question Time at thepartyroom@

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