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Jimmy Carter was the epitome of a servant leader, said Rocky Face resident George Sutherland. "It was never about him," said Sutherland. "It was about what was best for the community, for the state, for the nation." Carter, a former president and governor of Georgia, passed away in Plains on Sunday about 3:45 p.m. at age 100. Carter had been in hospice care since February 2023. Sutherland grew up in Plains and knew Carter since Sutherland was a boy. Carter returned to Plains in 1953, leaving the U.S. Navy to take over the family peanut farm and warehouse after the death of his father. "He was a very personable individual," Sutherland said. "My dad was a peanut farmer like the Carters. He'd do business with the Carter warehouse. I remember being there. He was very hands on. I remember siting on a sawhorse while he was building something and talking to him. I was probably 10 or 11 years old. He was very easy to talk to." Sutherland recalls that Carter quickly became a leader in the community. In 1957, Carter served as the president of the Plains Lions Club, and under his leadership, the club built and began to operate a community swimming pool. "That's one of the first things I remember him doing," Sutherland said. "He also organized a group of businessmen to recruit a doctor when the only doctor in Plains retired." Dalton attorney Terry Miller first got to know Carter while working as an intern in the governor's office during Carter's tenure. He would later have some interaction with Carter while working for U.S. Rep. Ed Jenkins during Carter's term as president. "I attended Emory University in Atlanta from 1968 to 1972, and some of my college days overlapped with his service in the governor's mansion (1971 to 1975)," Miller said. "While I was in school, I believe it was his administration that initiated the governor's intern program. The summer after my third year of college, I applied for and was accepted by that program with a number of other college students from around the state. I was assigned that summer and the next summer, because I did it for two summers, the State Board of Pardons and Paroles." Miller described the internship as a tremendous learning experience. "The governor's key people would hold seminars for us about state government," he said. "It was an interesting time." He said he didn't have a great deal of interaction with Carter, but the time he did spend with him left a big impression on him. "I, and I believe that most if not all of the other students in the intern program, felt that both Rosalynn and Jimmy Carter were interested in us," he said. "I think that was the reason he organized that opportunity for students. The two of them would organize a reception at least once a month for the students at the governor's mansion. They were gracious hosts, very kind." "The people who worked for him in the governor's office, many of whom went with him to Washington, were very loyal to him," Miller said. "And he was definitely a man of faith." Miller said there was a sense of urgency in the governor's office. "The thing I remember is that governors were limited to one term in those days," he said. "The window of opportunity to get things done was really the first two years. A lot of times, their ability to get things done in their final year, maybe final two years, was limited because people in the legislature knew they weren't going to be there much longer." Miller said Jenkins told him "there probably wasn't a finer person in public service." "That was one of the impressions I had, too" Miller said. "Of course, I didn't have a lot of interaction with him personally, but I did interact with members of his administration, both in Atlanta and Washington, and I enjoyed being around them. Something that Mr. Jenkins and I talked about often was that whether you agreed with Carter on an issue or disagreed, you felt that he had an honorable intention behind his position." Miller said Carter was a student of the Middle East, probably because of his strong faith. "He had an enormous heart for peace in the Middle East. I think that's why he was able to get (Egyptian president Anwar) Sadat and (Israeli prime minister Menachem) Begin together to reach that accord." "I believe that his reputation will only increase as we look back through the years," Miller said. Dalton State College professor Ken Ellinger was 17 when Carter first ran for president in 1976. "It was the first political campaign I was personally involved in," he said. "My dad sponsored the Young Democrats at Southwestern Oklahoma State University. I went door-to-door with the Young Democrats campaigning for Carter. All of those young college kids were extremely fired-up about Jimmy Carter." Ellinger said Carter's sincerity appealed to that generation. "It seems hokey today because there is so much cynicism today," he said. "But he was such a breath of fresh air coming out of Watergate, so forthright, so earnest. He answered hard questions, and he gave thoughtful answers." Seventeen candidates sought the Democratic presidential nomination that year, and several started the race with greater name recognition than the one-term governor of Georgia. "When he started out he was such a dark horse," Ellinger said. "People were saying 'Jimmy who?'" Ellinger said he takes issue with those who say Carter had a failed presidency, pointing to accomplishments such as the Middle East peace deal between Egypt and Israel and the treaties that gave Panama control of the Panama Canal. "I think he was committed to doing the right thing even if it wasn't the popular thing," he said. Ellinger pointed to the unconditional pardon Carter granted to those who evaded the draft during the Vietnam War. "I'm sure he knew that would hurt him politically but it was the right thing to do," he said. After leaving office in 1981, Carter remained active in world affairs through the Carter Center in Atlanta, but he continued to call Plains home. "I think it's neat that he came back to Plains and never gave up his house," Ellinger said. In 2003, Ellinger and his family traveled to Plains and took part in a Sunday School class Carter conducted at Maranatha Baptist Church. "He was an excellent Sunday School teacher," he recalled. "My daughter, who was 16 at the time, said it was the best Sunday School lesson she'd ever heard. He related the Bible to things going on in the world." Dalton attorney Warren Coppedge and his wife Patti were among the volunteers on Carter's 1971 run for governor. "As was typical of the day, a candidate would visit the Oakwood Cafe at meal time, walk in the front door and shake hands with customers," Warren Coppedge recalled in a written account. "Jimmy Carter visited the Oakwood, but he entered through the kitchen and shook hands with the employees first." Coppedge was later part of the Peanut Brigade, a group of volunteers, mostly from Georgia, who campaigned across the country for Carter during his 1976 presidential run.
Trump threatens to impose new tariffs on Mexico, Canada, and China from the first day of his presidency
WASHINGTON — President-elect Donald Trump is telling the Supreme Court that he can make a deal that will resolve the national security dispute over TikTok and preserve the video site for 170 million Americans. All the justices need to do, he says, is to stand aside and suspend a pending law that could shut down TikTok on Jan. 19, the day before Trump takes office again. “President Trump alone possesses the consummate deal-making expertise, the electoral mandate, and the political will to negotiate a resolution to save the platform,” his attorney said in a friend-of-the court brief filed Friday night. His plan might work, at least to buy more time. The justices had agreed to make a fast-track decision on the potentially momentous issue involving social media and free speech. “I think the court is likely to see great benefit in issuing a stay and little downside,” said UC Berkeley Law Dean Erwin Chemerinsky. “The case poses a novel and very difficult 1st Amendment issue. Never before has the government tried to ban a medium of communication, but there also is a history of judicial deference to national security claims.” Prior to Trump’s intervention, TikTok appeared to face a difficult fight in the court. The House and Senate had passed legislation by large bipartisan majorities requiring the platform to separate itself from its Chinese owner or to shut down in this country. President Biden signed the bill into law in April. And by its terms, it was due to take effect in 270 days. Although the justices are not shy about striking down federal regulations, they are wary of overturning an act of Congress, particularly one that is based on threats to national security. The U.S. appeals court in Washington cited national security when it upheld the law earlier this month. In a 3-0 decision, the judges said the law did not target speech or expression. Rather, lawmakers were convinced the Chinese parent company could gather personal data on millions of Americans, the judges said. If the law took effect on Jan. 19, Apple, Oracle and other U.S. companies could have faced large civil fines if they continued to work with TikTok. Trump’s attorney D. John Sauer filed a friend-of-the-court brief that differed in tone and substance from all the others. Rather than weigh in on the 1st Amendment question the justices had agreed to decide , he explained why Trump was better-suited to decide it. “Through his historic victory on November 5, 2024, President Trump received a powerful electoral mandate from American voters to protect the free-speech rights of all Americans — including the 170 million Americans who use TikTok,” he wrote. “Moreover, President Trump is one of the most powerful, prolific, and influential users of social media in history.” Noting that Trump has 14.7 million followers on TikTok, Sauer argued that the president-elect is well-positioned “to evaluate TikTok’s importance as a unique medium for freedom of expression, including core political speech.” He also wrote that as the founder of another social-media platform, Truth Social, Trump has “an in-depth perspective on the extraordinary government power attempted to be exercised in this case — the power of the federal government to effectively shut down a social-media platform favored by tens of millions of Americans.” “In light of these interests — including, most importantly, his overarching responsibility for the United States’ national security and foreign policy — President Trump opposes banning TikTok in the United States at this juncture, and seeks the ability to resolve the issues at hand through political means once he takes office.” In 2020, Trump had voiced alarm over TikTok because of its Chinese ownership. Lawmakers later heard classified briefings that convinced them the foreign ownership posed a danger. But by the time the law won approval, Trump had switched sides. He said he believed TikTok helped him win the support of young voters. “TikTok had an impact, so we’re taking a look at it,” he told reporters two weeks ago. “I have a little warm spot in my heart.” A year ago, his attorney Sauer drew criticism from some legal experts for boldly asserting that Trump as a former president had an absolute immunity from criminal charges for his official acts while in office. But in July, he won a 6-3 ruling from the Supreme Court that gave him and Trump what he had sought. Sauer is now set to represent Trump and his administration before the Supreme Court as U.S. solicitor general. He did not say precisely what the court should do now, only that it “should consider staying the statutory deadline to grant more breathing space” to the incoming administration and that one provision in the law allowed for a 90-day extension before it took effect. The court asked for responses to the competing briefs by next Friday. It scheduled two hours of argument for Jan. 10. It’s not certain the justices will readily comply with Trump’s request. Two weeks ago, former Trump attorney Noel Francisco filed an appeal on TikTok’s behalf urging the justices to put the law on hold for a brief period. But the justices brushed aside that suggestion and said they would decide whether divestiture law violated the 1st Amendment. “I am skeptical Trump’s intervention will make a difference,” said Alan Rozenshtein, a University of Minnesota law professor who has written about the pending law. He noted that the Supreme Court denied TikTok’s request to stay the law because it did not think TikTok could meet the requirements for a stay: a reasonable chance of winning on the merits. “Trump’s argument does not change that,” he said. “It may be bad luck for TikTok (and Trump) that the law goes into effect the day before inauguration, but such is life.”AP Trending SummaryBrief at 9:28 a.m. EST
By Andrew Goudsward WASHINGTON (Reuters) - President-elect Donald Trump asked a Georgia Appeals Court on Wednesday to end the criminal case against him in that state for attempting to overturn his 2020 election loss. Lawyers for Trump argued that his continued prosecution by Fulton County District Attorney Fani Willis, who has also charged several of Trump's allies, would violate the U.S. Constitution as he prepares to return to the White House next month. They urged the appeals court to remove Trump from the proceedings and to order a lower court judge to dismiss the case against Trump in its entirety. A spokesperson for Willis did not immediately respond to a request for comment. Federal prosecutors have already dropped two criminal cases against Trump based on a Justice Department policy against prosecuting a sitting president. Trump's sentencing on charges in New York involving hush money paid to a porn star was put on hold indefinitely following Trump's election victory over Democratic Vice President Kamala Harris. Trump's lawyers renewed their attempts to dismiss that prosecution on Tuesday. In Georgia, Trump and 14 others face racketeering and other charges for allegedly forming a criminal conspiracy to reverse Trump's narrow defeat in the battleground state in the 2020 election. Trump has pleaded not guilty and has argued that the case, and others he has faced, were politically motivated attempts to damage his campaign. Related: Trump as president will not have the authority to end the Georgia case, but his lawyers argued that continuing to prosecute him would undermine his ability to govern. Trump and eight of his co-defendants have asked the appeals court to disqualify Willis from prosecuting the case, arguing that a romantic relationship she had with a former deputy tainted the proceedings. The case has been paused since June because of the appeal. Oral arguments were scheduled for Thursday, but were postponed by the court last month without explanation. Trump's filing applies only to his case. The other co-defendants can continue to press their appeal if Trump is removed from the case. (Reporting by Andrew Goudsward; Editing by Stephen Coates) Copyright 2024 Thomson Reuters .
Kochi, Dec 28, 2024 In recognition to the ICAR-Central Marine Fisheries Research Institute’s (CMFRI) pivotal role in advancing fisheries science, two of its scientists have been honoured by the National Academy of Agricultural Sciences (NAAS) for their exceptional contributions. Established in 1990, NAAS is dedicated to promoting excellence in agricultural sciences, encompassing other areas such as crop and animal husbandry, fisheries, agroforestry, and the agriculture-industry interface. Dr Eldho Varghese, senior Scientist at CMFRI, has been elected as a NAAS Fellow, while Dr T.G. Sumithra has been selected as a NAAS Associate. These prestigious recognitions underline their contributions to agricultural research in their respective domains. NAAS Fellowships are awarded to distinguished scientists from India and abroad for outstanding contributions to agriculture and allied sciences. The Associateship program, introduced to recognise young scientists under 40 years of age working in agriculture-related disciplines in India, highlights emerging talent in the field. Dr Eldho Varghese was honoured for his innovative contributions to statistics, particularly in designing experiments for agricultural and fisheries research. His work includes statistical and ecosystem modelling, fish stock assessment, applying deep learning models in marine fisheries research, and developing computational tools for advanced data analysis. Dr T.G. Sumithra was recognized for her groundbreaking research in fish health and marine microbiology. Her studies focus on the marine fish microbiome, fish diseases, and antimicrobial resistance. Her work has led to the creation of guidelines for responsible antibiotic use in aquaculture and eco-friendly technologies for bioethanol production and sustainable fish waste management. NAAS, a national body devoted to agricultural sciences, serves as a premier platform for agricultural scientists to deliberate on pressing issues in research, education, and extension. It provides policy recommendations to planners and decision-makers while fostering cutting-edge research across diverse fields of agricultural sciences.(Agency)Two Mohali AFPI girls set to join IAF
Guam native Jewel Amber Maigue a rising star at Naval AcademyShare Tweet Share Share Email The car rental industry is going through a technological change in today’s world that moves quickly. Businesses nowadays are embracing state-of-the-art software over dated manual processes because it helps them streamline operations, make things easier for customers, and ultimately generate more income. Software solutions including rental management software , scheduling systems, and vehicle management tools are some of the most significant developments for enhancing the industry. Here we’ll take a look at how technology is changing the rental car industry and why that change is crucial for remaining ahead of the curve. The Challenges of Managing a Car Rental Business As the owner of a car rental business, you have to keep track of orders, manage fleets, keep vehicles in good shape, and make sure customers are happy. Without the right tools, these processes can become overwhelming and inefficient. Common challenges faced by car rental companies include: Reservation Overlaps: Customers can be annoyed by double bookings, which can also hurt a business’s image. Fleet Maintenance: Tracking vehicle usage and scheduling timely maintenance is critical for safety and reliability. Customer Expectations: Modern customers expect fast, seamless, and digital-first experiences. Companies are utilizing cutting-edge solutions, such as car rental reservation software , to overcome these difficulties. How Car Rental Reservation Software Streamlines Operations Reservation platforms, such as car rental reservation software, simplify the booking process for both businesses and customers. With intuitive interfaces and powerful back-end features, this type of software allows companies to: Automate Reservations: Customers can book vehicles online in real time, avoiding scheduling conflicts and ensuring accurate availability. Customize Booking Options: Add-ons like GPS, child seats, or insurance can be seamlessly included during the reservation process. Enhance Customer Communication: Automated confirmation emails, reminders, and updates keep customers informed and engaged. Businesses can focus on giving great service while saving time and reducing mistakes by automating and improving the ticket process. Rental Management Software: A Comprehensive Solution Reservation tools are just one part of the equation. To manage the entire operation, businesses need a broader solution like rental management software. This type of software handles everything from fleet tracking to customer invoicing and reporting. Key features of rental management tools include: Fleet Optimization: Track vehicle availability, maintenance schedules, and locations in real time. Seamless Billing: Generate invoices, process payments, and manage refunds efficiently. Analytics and Reporting: Monitor business performance and identify opportunities for growth. Employee Coordination: Assign tasks, oversee staff schedules, and ensure smooth operations. By consolidating these functions into a single platform, companies can manage their businesses more effectively and prepare for growth. The Role of Auto Rental Software in Enhancing Customer Experiences Customer expectations have shifted in the digital era. Modern renters demand convenience, transparency, and speed, which can all be delivered through tools like auto rental software . This type of software focuses on customer-centric features, such as: Mobile-Friendly Interfaces: Allow customers to browse, book, and manage their reservations directly from their smartphones. Contactless Options: Digital contracts, keyless entry systems, and online payment gateways cater to growing preferences for contactless services. Dynamic Pricing Models: Tools that adjust prices based on demand ensure businesses maximize revenue during peak times while staying competitive. Personalized Offers: Auto rental software helps businesses use customer data to provide tailored recommendations and loyalty rewards. Businesses can set themselves apart from competitors and strengthen consumer relationships by incorporating these technologies into their operations. Adapting to Future Trends in Car Rentals The car rental industry is evolving rapidly, and staying ahead of trends is crucial for long-term success. Here are some key trends shaping the future: Sustainability: As demand for electric and hybrid vehicles grows, rental software is adapting to track eco-friendly fleets, manage charging schedules, and provide green options to customers. AI Integration: Artificial intelligence is enabling smarter inventory management, predictive maintenance, and customer support chatbots. Global Reach: With multilingual support and currency conversion tools, businesses can cater to international travelers effortlessly. Connected Vehicles: IoT technology allows for real-time tracking, enhanced security, and automated data collection for maintenance and usage. Investing in flexible and forward-thinking software solutions allows car rental businesses to prepare for these trends and remain competitive. Conclusion The way car rental companies function is being transformed by the use of cutting-edge digital solutions. These solutions are essential for success in today’s market, whether it is car rental reservation software to simplify bookings, car rental management software to oversee daily operations, or auto rental software to enhance customer experiences. As technology continues to evolve, companies that embrace these innovations will set themselves apart in the competitive car rental industry. Whether managing a local fleet or scaling to international markets, leveraging advanced tools is the key to staying ahead. Related Items: Car Rental Industry , Car Rental Industry with Advanced Software Solutions Share Tweet Share Share Email Comments
BJ’s Wholesale Club ( NYSE:BJ – Get Free Report ) had its price target raised by investment analysts at UBS Group from $102.00 to $108.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target suggests a potential upside of 11.64% from the stock’s current price. BJ has been the topic of several other research reports. Roth Mkm boosted their target price on shares of BJ’s Wholesale Club from $68.00 to $75.00 and gave the company a “neutral” rating in a report on Friday, August 23rd. TD Cowen boosted their price objective on BJ’s Wholesale Club from $95.00 to $110.00 and gave the company a “buy” rating in a research note on Friday. Bank of America cut their target price on BJ’s Wholesale Club from $95.00 to $90.00 and set a “buy” rating on the stock in a research report on Friday, August 23rd. Wells Fargo & Company lifted their target price on BJ’s Wholesale Club from $92.00 to $100.00 and gave the stock an “overweight” rating in a report on Tuesday, November 12th. Finally, Jefferies Financial Group increased their price target on BJ’s Wholesale Club from $105.00 to $110.00 and gave the stock a “buy” rating in a report on Thursday. Six equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, BJ’s Wholesale Club presently has a consensus rating of “Moderate Buy” and a consensus target price of $92.50. Read Our Latest Research Report on BJ’s Wholesale Club BJ’s Wholesale Club Price Performance BJ’s Wholesale Club ( NYSE:BJ – Get Free Report ) last issued its quarterly earnings results on Thursday, August 22nd. The company reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.00 by $0.09. BJ’s Wholesale Club had a net margin of 2.71% and a return on equity of 35.41%. The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $5.15 billion. During the same quarter in the previous year, the company earned $0.97 EPS. The company’s revenue for the quarter was up 4.9% on a year-over-year basis. As a group, research analysts expect that BJ’s Wholesale Club will post 3.9 EPS for the current year. Insiders Place Their Bets In other news, SVP Joseph Mcgrail sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $83.57, for a total value of $83,570.00. Following the transaction, the senior vice president now owns 13,566 shares in the company, valued at $1,133,710.62. This trade represents a 6.87 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink . Also, CEO Robert W. Eddy sold 11,000 shares of the company’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $83.75, for a total value of $921,250.00. Following the sale, the chief executive officer now owns 434,792 shares of the company’s stock, valued at $36,413,830. This trade represents a 2.47 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 34,000 shares of company stock worth $2,818,390. Insiders own 2.00% of the company’s stock. Institutional Investors Weigh In On BJ’s Wholesale Club Institutional investors have recently added to or reduced their stakes in the company. Kayne Anderson Rudnick Investment Management LLC boosted its position in BJ’s Wholesale Club by 158.9% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,189,932 shares of the company’s stock worth $368,044,000 after purchasing an additional 2,571,709 shares during the last quarter. FMR LLC boosted its holdings in shares of BJ’s Wholesale Club by 7.2% in the 3rd quarter. FMR LLC now owns 14,357,118 shares of the company’s stock worth $1,184,175,000 after buying an additional 966,528 shares during the last quarter. Massachusetts Financial Services Co. MA grew its position in BJ’s Wholesale Club by 60.1% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,387,592 shares of the company’s stock valued at $196,929,000 after buying an additional 896,263 shares during the period. Rockefeller Capital Management L.P. increased its holdings in BJ’s Wholesale Club by 4,834.5% during the third quarter. Rockefeller Capital Management L.P. now owns 625,205 shares of the company’s stock worth $51,567,000 after buying an additional 612,535 shares during the last quarter. Finally, Marshall Wace LLP increased its holdings in BJ’s Wholesale Club by 143.6% during the second quarter. Marshall Wace LLP now owns 848,000 shares of the company’s stock worth $74,488,000 after buying an additional 499,954 shares during the last quarter. 98.60% of the stock is owned by institutional investors. About BJ’s Wholesale Club ( Get Free Report ) BJ's Wholesale Club Holdings, Inc, together with its subsidiaries, operates warehouse clubs on the eastern half of the United States. It provides groceries, general merchandise, gasoline and other ancillary services, coupon books, and promotions. The company sells its products through the websites BJs.com, BerkleyJensen.com, and Wellsleyfarms.com, as well as the mobile app. Featured Stories Receive News & Ratings for BJ's Wholesale Club Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BJ's Wholesale Club and related companies with MarketBeat.com's FREE daily email newsletter .
OTTAWA, Ontario (AP) — Notre Dame forward Danny Nelson scored twice, Western Michigan’s Hampton Slukynsky made 25 saves and the defending champion United States beat Latvia 5-1 on Saturday in the world junior hockey championship. The United States improved to 2-0 in Group A play, while Latvia dropped to 1-1 a day after stunning Canada with a 3-2 victory in a shootout. “We saw some growth in our game today,” coach David Carle of Denver said. ”“Was it perfect? No. A lot of compliments to Latvia and how hard they played. We had to earn every inch of ice we got and that will help us as we move forward in the tournament.” Boston College’s Ryan Leonard, Denver’s Zeev Buium and Minnesota Duluth’s Max Plante also scored for the Americans. They will be back in action Sunday at Canadian Tire Centre against Finland, then close group play Tuesday night against Canada. Davids Livsics scored for Latvia. Linards Feldbergs stopped 36 shots after making 55 saves against Canada and stopping all eight attempts in the shootout. In the only other game of the day, Czechia beat Kazakhstan 14-2 at TD Place. Czechia and Sweden are both 2-0 in Group B. Matej Mastalirsky, Vojtech Hradec and Jakub Stancl had hat tricks, with Hradec and Stancl also each assisting on two goals. ___ AP sports: https://apnews.com/sports
From sex drive woes to cheating and porn addiction, Dear Deidre reveals readers’ most common problems of 2024
Putin apologizes for crash but stops short of saying Azerbaijani plane was shot downIan Schieffelin, Clemson topple Penn State to win Sunshine Slam
Mike Wilson predicts 'flat-ish' S&P 500 returns over the next decade due to high valuations. Current Shiller CAPE ratio levels suggest annualized returns in the 2-3% range over 10 years. But Wilson sees potential in energy, materials, and emerging markets like India and China. With a price target of 6,500, Mike Wilson thinks the S&P 500 has relatively modest upside of around 9% in 2025. But over the next 10 years, expect the benchmark index's annualized returns to be roughly flat, the Morgan Stanley CIO says. There's a simple explanation for why: valuations, which account for much of how equities perform over a 10-year period, are historically elevated, he said. Wilson made the comments in an interview with the economist David Rosenberg earlier this month, and then reiterated his outlook in an interview with Business Insider this week. "My comment on the podcast is not a controversial view based on valuations," he told BI. "That is a very common view, that given where valuations are today, over the next 10 years, the returns from point A to point B will be basically flat-ish, and on a real basis, maybe negative." Below are a couple of valuation measures that Wilson cites. On the left is the forward 12-month price-to-earnings ratio. On the right is the Shiller cyclically adjusted price-to-earnings ratio, which compares the current prices to a 10-year rolling average of earnings to normalize outliers. Both measures are approaching levels seen at the peak of the internet bubble in 2000. The Shiller CAPE ratio has proven very dependable in predicting long-term returns. Current levels around 37 put 10-year return expectations in the 2-3% range, according to the analysis below from Michael Finke , a professor of wealth management at The American College of Financial Services. As Wilson alluded to, he's not the first to warn of a sort of lost decade ahead for the broader market. Goldman Sachs' David Kostin said in October that he sees the S&P 500 delivering 3% average annualized returns over the next decade. Compare that to 4.59% risk-free yield on 10-year Treasurys. Smead Capital Management's Bill Smead, a top-2% value investor, has also recently warned of poor annualized returns in the coming decade. Some think calls like Kostin's are too bearish, however. "There's no denying the stark relationship between P/E ratios and long-term forward returns, but an annualized return of 3% over the next ten years is likely too low," said Jeff Buchbinder, the chief equity strategist at LPL Financial, in an October 29 note. "Productivity gains from technology investments (artificial intelligence and otherwise) are likely to boost the profitability of S&P 500 companies and support both earnings growth and valuations." While Wilson has a sour long-term outlook on the index level, he thinks certain areas of the market are better positioned than others to deliver robust returns in the years ahead. "There will be plenty of opportunities to make money over that time in sectors and stocks even if the index is flat," he said. Two underappreciated sectors right now are the energy and materials sectors, with their valuation levels relatively depressed. While the S&P 500's trailing 12-month PE ratio sits at 29.5, the same measure for the iShares S&P 500 Materials Sector UCITS ETF is 21.6, and the iShares U.S. Energy ETF is 10.7. "If you were to be adding certain energy assets or materials assets here, yes, I think your odds of making pretty good money over the next 3-5 years are quite high," Wilson told BI. Spending on AI infrastructure will benefit the sectors, he said. "It doesn't happen magically without energy and materials," Wilson said. Wilson also said international stocks, particularly some emerging markets, are trading at attractive prices. India is one that he believes is in a bull market trend. And China could start to turn around eventually, he said. "China is the one that everyone's kind of trying to figure out," he said. "I don't know when it starts, but I wouldn't count the Chinese stock market out completely, and I think there will be opportunities there." As of November 29, the MSCI Emerging Markets Index traded at a 15.3 trailing 12-month PE ratio.Rick Carlisle sheds light on what makes Kristaps Porzingis a ‘tough guy’ despite his injury history