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A top JPMorgan Chase executive is warning that stocks could fall as much as 40% in the next few years.Daniel Pinto, JPMorgan's co-president, said during an interview on Bloomberg Television Thursday that he believes market gains should continue for the next year or two. But he added that investors are nervous, and that the recent announcement about tariffs and trade wars contribute to their unease."Markets are going to be nervous, nervous about anything. Nervous about anything that relates to inflation, nervous about anything that relates to growth," he said. "These tariffs, if they go a lot beyond what has been announced, it is something that will concern the markets about future growth."He said it's normal for there to be a correction at the end of an investing cycle, and that markets could be heading for a "deep correction" of between 20% and 40%, depending upon the market values at the time the downturn starts."We know there will be correction at some point," he said.Related: Wall Street is on edge about tariffsThe markets briefly fell into correction territory last month as the the Dow Jones industrial average plummeted more than 3,200 points, or 12%, in just two weeks. The market then rallied from those lows, and the S&P 500 and Dow both ended February up for the year.But so far this month, concerns about a possible trade war and the departure of former Goldman Sachs executive Gary Cohn as President Donald Trump's chief economic adviser roiled markets once again.Related: Trump's tariff bombshell - Catch up herePinto oversees corporate and investment banking at JPMorgan Chase, the nation's largest bank. In January he was promoted to co-president and co-chief operating officer, setting him up as one of the two leading contenders to be the next CEO when Jamie Dimon retires. Dimon has said he intends to stay in place until at least 2023, though.The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 1987
A new survey finds 20 percent of grandparents hate their grandchild's name.Online British parenting websites Mumsnet and Gransnet surveyed 2,000 parents and grandparents to learn just how closely grandparents are involved in the naming of a baby.Thirty-eight percent of parents responded saying it is none of the grandparents' business when it comes to choosing babies’ names. Just 31 percent of grandparents agree with that.Fifteen percent of parents say they have a parent or in-law who hates their baby’s name.The disagreement over a baby's name can have long-lasting effects. Six percent of parents say they have fallen out with their parents or in-laws because of the name they gave their son or daughter."Choosing a baby name is fraught enough for parents when you’re only taking into account your own views," said Mumsnet Founder Justine Roberts. "If you add grandparents’ biases to the mix, it can become impossible, unless by some freakish chance you all agree that the baby has 'Cedric' written all over him."Parents overwhelmingly said objections on a baby's name came more from their own mom or their mother-in-law than their dad or father-in-law.Reasons given for grandparents disagreeing over a name choice include the name being too odd, too made up, too old fashioned, too hard to pronounce or not a family name.Names hated the most by grandparents include: Aurora, Charlotte, Elijah, Finn, Jack, Lindsay, Noah, Sally and Tabitha.-----------------------Full survey results: 1512

A view from Chopper 5 shows authorities searching for Jean Alexandre, the father of Cincinnati Bengals cornerback Mackensie Alexander, by horseback, all-terrain vehicle and swamp buggy at Kissimmee Prairie Preserve State Park, Aug. 26, 2020, in Okeechobee County, Fla. 276
A nurse in Illinois is no longer employed after posting on social media about running over protesters amid massive unrest gripping the country.According to WMBD-TV, the nurse is longer associated with OSF HealthCare after making “insensitive comments” on social media. It’s unclear if she was fired or quit on her own accord.“As previously shared, a Facebook comment made by one of our Mission Partners did not align with our values,” a spokesperson for OSF HealthCare told WMBD on Friday. “That person was immediately suspended, and as of today, is no longer with our organization. Words and actions that seek to marginalize or harm others have no place within our Ministry.The post read, “If I’m driving down the road with my horse trailer behind me. No matter who you are. If you’re in the road ‘protesting’ I will run you over. I will not stop. I will not brake. I will not hesitate. I’d rather go to jail than have you injure or scare my horses.”A number of Twitter users brought the May 31 Facebook post to the attention of OSF HealthCare in recent days. “Thank you for bringing this to our attention. We're aware of the situation, and our HR team is addressing it,” the organization said before announcing the nurse no longer was an employee. 1257
A powerful nor'easter morphed into a "bomb cyclone" Friday as it hammered the East Coast with a ferocious mix of howling winds, drenching rain, some snow and surging waves."Take this storm seriously!" the National Weather Service in Boston warned via Twitter. "This is a LIFE & DEATH situation for those living along the coast, especially those ocean-exposed shorelines."RELATED:?'Bomb cyclone' pounds east coast with heavy flooding, high winds 462
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