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Market News

Location American Market News for 18 October 2020
Pelosi Doubles Down On 48-Hour Stimulus Deadline Meanwhile, the GOP is preparing to vote on two relief bills of its own.
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Game Plan: A financial adviser offers his assessment on how they can reach their goals.
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The Halloween Effect: Why You Should Get Ready To Buy Equities In November Don't be spooked by Halloween because new academic research shows that the start of November is the best time to buy equities.
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American Equity Chooses Brookfield Deal Over Takeover Offer

Wall Street Journal - 18 Oct 2020 22:39
American Equity Investment Life Holding on Sunday rejected a takeover offer by Massachusetts Mutual Life Insurance and Athene Holding and instead said it reached a partnership with Brookfield Asset Management.
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The Real Recession Is Just Starting

Forbes - 18 Oct 2020 20:05
The Real Recession Is Just Starting The economy is in Recession; we just haven't felt it because of the CARES Act stimulus, but, eventually we will because we have a huge unemployment problem.
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No Matter Who Wins, Here's Where Stocks Are Headed With election day two weeks away, investors and traders are fixated on how the elections will move the market. Tom Aspray looks at the behavior of his most-trusted indicator during the last four Presidential elections to...
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Stocks This Week: Sell Short Amgen And Kraft Heinz Here are short recommendations for a bearish week.
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Investors, Beware: Utility Stocks Could Become Less Predictable

Wall Street Journal - 18 Oct 2020 17:00
Blame it on the increased focus on renewable energy. The presidential election also may shake things up.
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SPACs Could Be a Bubble That Never Quite Pops

Wall Street Journal - 18 Oct 2020 16:03
Special Purpose Acquisition Companies are seeing a golden era that will fade as speculative appetite does, but they are unlikely to fade away entirely--they are too useful to everyone involved.
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Don't Let These 3 High Yield Stocks Ruin Your Retirement This year's broad dividend cuts, combined with higher prices from the recent rally, are resulting in one of the lowest market yields in years.
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Signs of stress in NYC's commercial properties are fueling investor bets that trouble in the nation's largest real-estate market could spread pain nationwide.
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Coronavirus Tanked the Economy. Then Credit Scores Went Up.

Wall Street Journal - 18 Oct 2020 11:30
The average credit score hit a record in July after millions of Americans had lost their jobs, scrambling lenders' underwriting models.
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