A Nice November Portends a Great Market 2019 Finish, Says Stovall
Contrast the current situation with year-end 2018’s lousy showing.
Market Moves
NYSE Proposes New Method for Companies to Raise Capital When Going Public
Direct listing would allow companies to sell shares in opening auction on first day on exchange.
Plan Sponsors See Recession in Three Years, Lower Targets
NEPC survey finds LDI investors have better-funded plans.
Group to Trump: Ax Investments in Indexes with Chinese Companies
Petition argues federal Thrift Savings Plan shouldn’t be ‘used to finance our enemies.’
Petraeus: Saudi Arabia Is Running Out of Money
The former CIA chief says the oil company's upcoming IPO is needed to bridge the gap.
Value Finally Has Its Day, but Will that Last?
Lower-cost stocks have outpaced hot-shot momentum plays since August.
3rd Quarter Earnings Are Down, But not as Much as Expected
A 1% reduction is taking shape, with most companies already reporting, and things could’ve been worse.
Plan to Merge Strapped Illinois Local Pension Plans Raises Doubts
The state, facing a big shortfall in its own retirement programs, tries to eke out savings from municipal plans.
You Can’t Spot a Bubble, So Don’t Even Try, Says Eugene Fama
To investors worried about over-heated markets, storied scholar has fatalistic advice.
Denmark’s PFA Earns $8.5 Billion in Year’s First Three Quarters
Record returns equated to a market rate return of 10.5% for pension plan.
Investors Put Out Welcome Mat for Hospitality Real Estate
Onetime niche sector has been attracting investor interest in recent years.
Daniel Loeb Doubles Down on Activism
Hedge fund provocateur to devote even more resources to shaking up companies.
Analysts: Earnings Will Improve in 2020
Forecast seems to hinge on progress in resolving the trade dispute. Hmmmm.
The Case for a Good 4th Quarter in the Market
Final period is the strongest, especially when the S&P 500 is up over 15% for the year, LPL’s Detrick says.