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The ASCE's report card for Utah assigns a cumulative grade of 'C+' to Utah's infrastructure, maintaining the same grade as the previous report card in 2020. This grade is notable as Utah is one of only three states to achieve a 'C+', the highest grade ASCE has ever assigned to a state's infrastructure.
Read full articleRead full articleRead full articleRead full articlefree membership required to read articleSubscription required to read articleSmith’s Research & Gradings supports President Trump’s new approach to federal disaster response in Los Angeles and North Carolina. “The National Infrastructure Advisory Council’s (NIAC) draft report presented last December, recommends exploring the use of Federal Block Grants to States for emergency assistance. The sovereignty of States needs to be the focus during local emergency, which the President has so forcefully inculcated,” according to Terence Smith, founder of Smith’s Research & Gradings.
Read full articleRead full articleRead full articleRead full articlefree membership required to read articleSubscription required to read articleState budgets are in a sound position entering fiscal 2025, according to Fitch Ratings.
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This week is likely to be dominated by earnings (Alphabet, Amazon and Palantir), a further look into how AI is playing out on company balance sheets, more economic data releases, and the US partial government shutdown (which we expect to be short-lived).
Read full articleRead full articleRead full articlefree membership required to read articleSubscription required to read articleFor this week the dominant events are earnings (led by tech names), the Fed meeting (expect no change in rates), and the possibility of a new US government shutdown. Although the geopolitical fracas over Greenland has subsided for now, investors are wary of risk and are buying gold and other precious metals as a safe harbor trade.
Read full articleRead full articleRead full articlefree membership required to read articleSubscription required to read articleGeopolitics, policy uncertainty and market volatility rule for now, which will be balanced by what is expected to be another strong earnings season and continued signs of economic expansion.
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