Latest news with #hardlanding
Yahoo
25-07-2025
- Business
- Yahoo
SP500 Optimism May Be Overdone
S&P 500 (SP500) optimism may be not fully thought out, says MetLife's top strategist. Drew Matus told CNBC he's firmly in the hard landing camp, warning that the economy is likely to slow markedly in H2 2025 despite upbeat market sentiment. He noted companies are being rewarded for cost cuts and sales beats but punished harshly for missing growth targets or letting expenses run wild. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Matus also questioned recent fiscal tweaks, calling many tax changes a zero?sum game of taking on one side and giving on the other. He pointed to the University of Michigan survey where consumer sentiment hit its most negative readings in monthsfar below what the market's rally implies. He highlighted a growing gap between higher? and lower?income groups, with even upper?income earners showing signs of nervousness. Since these workers drive savings and discretionary spending, Matus warned that any pullback in their spending could tip the economy into a deeper slowdown. Why it matters: If sentiment among top earners continues to sour, consumer spending and equity valuations could face fresh headwinds. Investors will be watching upcoming consumer confidence surveys and corporate earnings for clues on whether the market's optimism is about to collide with reality. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
ABC News
18-07-2025
- ABC News
Australian Army helicopter damaged in 'hard landing' during Talisman Sabre exercise in the NT
An Australian Army helicopter has been damaged during a multinational defence exercise in the Northern Territory, while all crew members on board avoided injury. A defence spokesperson said the Tiger helicopter experienced a "hard landing" on Wednesday evening while participating in Exercise Talisman Sabre near Timber Creek, about 300 kilometres south-west of Katherine. "The two aircrew aboard were unharmed and able to exit the helicopter safely," they said. The spokesperson said the 1st Aviation Regiment had "implemented a pause on unit flying operations" after the incident but "other rotary wing support to the exercise will continue". They said the Defence Flight Safety Bureau had deployed a team to the Northern Territory to start an "independent aviation investigation of the incident". Exercise Talisman Sabre involves 30,000 military personnel from 19 nations and is the largest combined training activity between the Australian Defence Force (ADF) and United States military. The biennial war games involve live firing and combat simulations across land, sea and air. The ADF permanently grounded its fleet of Taipan helicopters after a fatal crash during the exercise two years ago which killed Captain Danniel Lyon, Lieutenant Maxwell Nugent, Warrant Officer Class 2 Joseph "Phillip" Laycock and Corporal Alexander Naggs. A defence investigation into the crash later found evasive action taken by the pilot avoided more lives being lost. An ADF spokesperson told the ABC earlier this month both Black Hawk and Chinook helicopters would be used by the army during this year's exercise. Australian personnel were also expected to fly in three Taipans operated by New Zealand's Defence Force as part of the exercise when it formally commenced last weekend. "The Australian Army will deploy rotary-wing capabilities from the Battlefield Aviation Program, including the CH-47F Chinook and UH-60M Black Hawks to support movement of troops and equipment across the battlefield," they said. The ABC also confirmed the 1st Regiment's Tiger helicopters would provide armed reconnaissance support during the large-scale war drills.
CBS News
20-06-2025
- General
- CBS News
Skydiver suffers serious injuries after hard landing at Riverside County airport
Skydiver seriously injured in "hard landing" after jump over Perris Valley Airport Skydiver seriously injured in "hard landing" after jump over Perris Valley Airport Skydiver seriously injured in "hard landing" after jump over Perris Valley Airport A skydiver suffered serious injuries on Thursday during an apparent hard landing after a jump over the Perris Valley Airport. It happened a little before 1:30 p.m. near the private airport, located on Goetz Road, according to the Riverside County Fire Department. Crews arrived to learn that a parachutist that was participating in a jump orchestrated by Skydive Perris suffered back injuries when they landed. The victim, who hasn't been identified, was taken to a nearby hospital for emergency treatment, firefighters said. Crews did not provide information on what may have led to the hard landing. No further information was provided.
CTV News
08-06-2025
- General
- CTV News
No injuries after plane does a hard landing on Lake Temiskaming, Ont.
It was a minor miracle late Friday morning when two people were unhurt after their float plane landed hard on Lake Temiskaming. Two people emerged unhurt after a float plane had a hard landing late Friday morning on Lake Temiskaming. Police said the plane was travelling from the French River when the incident occurred around 11:50 a.m. Drone 1 Drone footage of a float plane that crash landed on Lake Temiskaming late Friday morning. (Photo courtesy of Darshan Shah) The plane landed hard on the water and flipped over. But the pilot and the passenger were able to get out and were not injured. 'It's a miracle,' Ontario Provincial Police Const. Siobhan Christo told CTV News in a phone interview. People who were passing nearby witnessed the event and immediately called police. Eric Taschner of CTV News was on the scene and sent a photo of the plane with only the tail visible. Christo said the Transportation Safety Board of Canada, which investigate plane crashes in Canada, will be taking over the investigation. A message to the safety board from CTV News seeking further information has not yet been returned.
