Market Moves
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.
Not really, says UBS’s Haefele, sounding optimistic on vaccines and possible fresh aid in 2021.
The bank credits split government, a possible vaccine, Fed actions, and possible trade war abatement.
Maybe not so much stocks, but high-yield is well-positioned if the Democrat wins and enacts his agenda, Northeast’s Monrad forecasts.
So say two savants from Principal Financial, at CIO’s Summit.
Hey, Facebook, Apple, Amazon, and their ilk can’t count on eternal dominance.
Calendar effect: Why September has the worst returns, and October the most volatility and market plummets.