Maybe Joe Biden and Mitch McConnell Can Actually Work Together
Northern Trust’s Browne is optimistic that the new president is simpatico with the GOP Senate leader, who blocked many Obama initiatives.
Market Moves
Finally, Financial Stocks Are Poised to Rise, Says Credit Suisse
A better economy and higher interest rates should propel the woebegone sector in 2021 and 2022, it argues.
‘No End in Sight’ to Government Spending, Gundlach Says
Bond King says that output will bring much more Treasury issuance, and the Fed’s buying a lot of it.
Vaccines and Pent-Up Demand Will Jazz Stocks, Says Paul Tudor Jones
Trend-spotter hedge fund titan predicts an economic ‘explosion’ in the 2nd quarter.
The Market’s November Was Spectacular, So December Will Be … Down?
An LPL historical study shows the tricky dynamics for stocks in the year’s final two months.
Post-Virus, It’s Back to the Way Things Were, Right? Not Quite
Investing will be somewhat different in the world after the pandemic, Capital Group says.
3Q Corporate Earnings Look Better and Better, Yardeni Says
S&P 500 profits should be down just 7.1%, a big upgrade from more dire previous calls.
2021 Economy Won’t Start Off Well, but Last Half Will Be Good, BofA Predicts
Problems like the virus and high joblessness will continue for a while, the bank’s strategists declare.
How to Take Advantage of the Coming Market Surge
When the economy drops as much as it has, history shows a powerful stock bull run is forming, says Leuthold’s Paulsen.
UK to Launch First Green Bond in 2021
Issuance intended to help country meet target of reaching carbon net zero by 2050.
Ackman Bets on a Pandemic Bond Wipeout—Again
His new bearish investment is similar to the one in March that earned him a $2.6 billion jackpot.
How Ken Griffin Is Up 20% This Year
The hedge fund mogul bought bargains during the winter market crash, and they have delivered since.
Here’s a Bullish Call: JPM Says We’re Entering ‘Market Nirvana’
The bank credits split government, a possible vaccine, Fed actions, and possible trade war abatement.
Japan’s Government Pension Investment Fund Returns 3.05% in Q2
World’s largest pension fund grows to $1.62 trillion with $47.64 billion quarterly gain and is on pace for its best year ever.
Dr. Doom: Partisan Divisions Will Axe a New Stimulus—and Bring Another Downturn
To economist Nouriel Roubini, a breakthrough is unlikely either in a lame duck Congress or the one next year.