Market Moves
How the Stock Market Will Forecast Who Wins the White House in 2020
Since 1928, an LPL study shows, if the S&P 500 is up three months before Election Day, then the incumbent party almost always triumphs.
Tag: Donald Trump
Regulation
Trump to Investigate the ‘Hidden Risks’ of Investing in Chinese Companies
The president pledges to ‘protect American investors’ by studying the operational behaviors and guiding principles of the Chinese companies that they invest in.
Market Moves
Stock Market’s Rise Doesn’t Jibe with Overvalued P/E, Stovall Warns
CFRA sage likens investors to an ‘irresponsible teenager’ borrowing against dubious future allowances.
Market Moves
Re-Opening the Economy Won’t Do Stocks Much Good, Says Yale Expert
Portent: Chinese consumers remain fearful about going out after lockdown lifted, ex-Morgan Stanley honcho Roach warns.
Coronavirus - COVID-19
Trump Considers Banning Chinese Stock in Federal Pension, Reports Say
The White House is reportedly reviewing its options against a planned investment into Chinese equities.
Market Moves
New Jersey Likely to Cut Pension Contributions, S&P Global Says
The credit ratings agency downgraded the state one notch, to A-, and gave it a negative outlook.
Newsmakers
More Federal Spending Means Higher Taxes, Says Leon Cooperman
Tax breaks like those on capital gains will end, hedge fund hotshot predicts, if either Trump or Biden wins.
Coronavirus - COVID-19
No Vaccine? Then Look for 18 Months of Shutdowns
Fed’s Kashkari warns of new flare-ups that could push economy back into an induced coma.
Why Now-Reviled Stock Buybacks Will Rise Anew
The once-popular repurchases look wasteful today, but once the economy improves, their appeal may well spring back.
Coronavirus - COVID-19
Battered Shale May End up in Good Condition, Goldman Says
The upstart industry’s flexibility is a big advantage to its longevity amid an oil price war, the firm believes.
Coronavirus - COVID-19
And Now, the Case for a 2020 Recession
IHS Markit sees one hitting in the second quarter and lasting to year-end.
Market Moves
Trump Is No. 2 Earnings Grower Among Post-WWII Presidents
His 13.4% yearly corporate profit increase, admittedly over just three years, is bested only by Obama’s 26% over eight, CFRA’s Stovall finds.
Why Nobody Cares About Trillion-Dollar Deficits
The nation is deep into an economic hole, but right now the huge debt issue is an abstraction with no effect on daily lives. Someday, that will change. Oh, will it ever.
Asset Allocation
Will the Election Make the Stock Market Volatile?
One-third of investors in poll expect choppy prices as 2020 rolls on.
Pensions
Trump Wants $26 Billion Premium Hike for PBGC Multiemployer Plan
White House wants new variable-rate premium, saying that would help stave off insolvency for 20 years.