Maybe, Just Maybe, Oil Stocks Aren’t Headed for the Scrap Heap Soon
The need for oil and gas will be around for a while, and their suffering stocks are far from lost causes, Wells Fargo argues.
Market Moves
October Surprise: Market Reaction to Trump Illness Is Muted
Perhaps the small losses show investors think not much will change in the presidential race.
FAANGs Risk Ending Up Like the Nifty Fifty, Cooperman Worries
Celebrated investor draws parallels to the must-have momentum stocks of the 1960s.
Wells Fargo: 2020 Market Is Too Iffy to Put New Money In
The election and the virus could trigger another stock slump, says strategist Christopher Harvey.
Don’t Worry about an Election Outcome Delay, Goldman Says
The mechanisms are in place for the nation and the market to know pretty soon who wins, the firm’s economists argue.
Lessons Learned from Global Financial Crisis Help LPs Bounce Back from COVID-19
Panel at Alternative Investment Summit reveals how much things have changed since March.
Pace of Private Equity, Venture Deals to Rebound, Panel Says
Technology disruptions across all sectors were just a temporary time out, create new opportunities, according to experts at an EisnerAmper conference.
Why Today’s Weaker Dollar May Presage a Trump Re-election
When the buck is down, the incumbent party usually wins, LPL Financial research finds.
Nasdaq 100 Is Just Halfway Through Its Plunge, Says Morgan Stanley
The firm’s Michael Wilson sees a further reckoning for the home of the biggest tech names.
Banks Still Are Too Weak and Risky, Kashkari Says
Minneapolis Fed head, decrying two bailouts in 12 years, says lenders need more equity capital to buffer against tough times.
Dimon: Get Staffers Back in the Office, Remote-Work Productivity Stinks
In a corporate split, some bosses and workers agree with the JPM chief, but others really, really don’t.
Both Trump and Biden Will Bring Higher Corporate Taxes, PwC Survey Says
A daunting 70% of execs polled think either candidate will boost business levies to help pay for the added trillions in federal relief spending.
Remember Those Rate Increases? Big Mistake, Two Fed Governors Now Say
Richard Clarida and Lael Brainard say economic growth would have been stronger without the 2015-18 hikes.
Watch Out for a Doubling of Junk Defaults, Warns Gundlach
The Bond King fears their fundamentals are too rickety to persevere during this recession.
Goldman’s 10 Reasons That the Bull Market Will Resume
An array of forces will juice stocks anew and the early-September drop is just a correction, the firm argues.