Speaking to Mike Allen at an Axios News Shapers event this morning, Maryland Rep. Steny Hoyer said it was "90% likely" that the Democrats will win the House majority in 2018, and that he expects to pick up about 30+ seats.

Why it matters: There are at least 48 seats up for grabs in 2018, more than two-thirds of which are currently held by Republicans. Hoyer said that he's seeing two phenomena that lead him to believe the Democrats will win the majority.

  • First, there are "a lot of great candidates in a lot of districts." Not all of the races are competitive, but a large number are.
  • And second, an especially high number of GOP retirements and an overall lack of enthusiasm among Republican voters. "It wasn’t that Trump’s people voted for Doug Jones," Hoyer said. "It’s just that they didn’t turn out. I think there will be a depressed turnout in midterms because they’re not energized."

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Investors are ignoring the coronavirus pandemic by buying stocks and gold

Illustration: Eniola Odetunde/Axios

U.S. economic data is crumbling as increasing coronavirus cases keep consumers at home and force more cities and states to restrict commerce, but the stock market has continued to rise.

What's happening: Bullish fund managers are starting to lay down bets that it will be this way for a while. "The reason is: You have monetary and fiscal policy pushing the economy out of a problem and that is very, very bullish," Andrew Slimmon, senior portfolio manager at Morgan Stanley Investment Management, tells Axios.

How Trump's push to reopen schools could backfire

Illustration: Aïda Amer/Axios

The Trump administration’s full-steam-ahead push to fully reopen schools this fall is on a collision course with the U.S.' skyrocketing coronavirus caseload and its decades-long neglect of public education.

Why it matters: Getting kids back to school is of paramount importance for children and families, especially low-income ones. But the administration isn’t doing much to make this safer or more feasible.

Coronavirus squeezes the "sandwich generation"

Illustration: Eniola Odetunde/Axios

As the coronavirus poses risks and concerns for the youngest and oldest Americans, the generations in the middle are buckling under the increasing strain of having to take care of both.

Why it matters: People that make up the so-called sandwich generations are typically in their 30s, 40s and 50s, and in their prime working years. The increasing family and financial pressures on these workers means complications for employers, too.