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Market News

Location American Market News for 23 October 2020
The investment chief of the university's $31.2 billion endowment sent a message this month to the firms that manage Yale's money: They would be measured on their progress increasing their investment staffs' diversity.
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'Our Recent Performance Sucks.' Here's Your $10 Billion Back.

Wall Street Journal - 23 Oct 2020 16:00
A value investor who used to have a great record just called it quits. Maybe that means bargain hunting for stocks is about to make a comeback--but don't hold your breath.
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Stocks Typically Climb, Regardless of Who's in the White House

Wall Street Journal - 23 Oct 2020 11:30
For investors worried about how the stock market will fare in the event of a divided government or a sweep by either party in next month's elections, history offers an important lesson.
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Intel Cofounder Gordon Moore's Fortune Falls $1 Billion After Chip Firm's Disappointing Earnings Intel's stock tumbled 11% on Friday, lowering Moore's net worth to under $10 billion.
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Worried About Higher Taxes Post-Election? Here's What Investors Need To Know Elections have consequences and tax policy is ever-evolving. Here's what investors need to know about potential tax changes after the November election.
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Top Stocks To Short Today As Markets Pace To End Week With Losses Markets were set to continue yesterday's rally, however, the morning rally was not enough to eke out a weekly gain. Our deep learning algorithms are here for you to navigate these markets, and have crunched the data to g...
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Top Stocks To Buy Today As Markets Turn Negative After Stimulus Hopes Diminish Although stimulus talks seem endless, and shares of American Express and Intel released disappointing earnings, stocks were mildly higher this morning continuing yesterday's rally. For investors looking to make sense of ...
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Pelosi Says Stimulus Bill Could Happen Before Election-But That Seems Unlikely The White House and Democrats are still haggling over a plan for Covid-19 testing, tracing and vaccine distribution, among other issues.
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Amex Can Profit Even If Customers Are Less Venturesome

Wall Street Journal - 23 Oct 2020 19:04
Spending on exciting things like overseas travel may be down for a while, but increased use of Amex cards to pay for business-to-business services like advertising can help pick up the slack..
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Yes, Virginia, Santa Claus Gets a Paycheck This Year

Wall Street Journal - 23 Oct 2020 17:55
Although about a fifth of large retailers are having a Santa Claus-free holiday season because of the pandemic, others plan longer shifts to keep crowds socially distanced and protective shields.
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The third-quarter earnings season has shown that major U.S. carriers have been following very different strategies to deal with scarce demand.
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Central Banks Pile Into Europe's Common Debt

Wall Street Journal - 23 Oct 2020 16:51
Central banks were among the biggest buyers of European common debt this week, signaling growing trust that the euro will hold its own through the pandemic.
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Alphabet's Q3 Earnings: Seeking Signs Of Stability In Ad Space As Regulatory Risk Mounts Against the backdrop of COVID-19, Alphabet (GOOGL) faces cold headwinds on the earnings front in addition to emerging regulatory challenges. Coming off a not-so-stellar Q1 reporting season, GOOGL fell short in Q2, report...
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Should You Invest In Equity Residential Stock? We believe that Equity Residential stock (NYSE: EQR) has an upside potential of 60% post-pandemic when the occupancy rates and demand in residential property rent and lease markets in the urban and densely populated subu...
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Kazakhstan's Futuristic Finance Center Becomes Breeding Ground For New Fintech Kazakhstan becomes home to the second biggest IPO in London. What's going on over there to warrant such attention?
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Hope Stays Alive For Stimulus: Virus Cases Continue To Swell, 10-Year Yield Hits 4-Month Highs It's interesting to see a relationship actually starting to make sense today after so many relationships were off recently. The 10-year yield continues to climb, and stocks rose in pre-market trading. That's more of a ty...
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Dollar Tree Stock Looks Attractive At $95

Forbes - 23 Oct 2020 15:30
Dollar Tree Stock Looks Attractive At $95 Dollar Tree's stock (NASDAQ: DLTR) is up only slightly to around $95 levels year-to-date, compared to a 6% growth for the broader S&P 500. While Dollar Tree has underperformed the broader markets, we believe it has the p...
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American Express Reports Higher Consumer Retail Spending

Wall Street Journal - 23 Oct 2020 15:13
The credit-card company said consumer retail spending improved in the third quarter, but spending on travel and entertainment remained substantially lower.
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A Quality Exec Comp Plan Lowers The Risk Of Investing In BWX Technologies BWXT's executive compensation plan lowers the risk of investing in the company's stock because executives' interests are tied to shareholders' interests.
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Why I'll Never Bet Against America

Forbes - 23 Oct 2020 15:00
Why I'll Never Bet Against America It made the hairs on the back of my neck stand up.
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Veeva Systems Stock Has Soared 120% This Year. Time To Exit? Veeva Systems (NYSE:VEEV) stock is up by almost 120% this year, as Covid-19 is expected to accelerate the process of digitization in the life sciences industry, driving demand for Veeva's software tools. Could the stock ...
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Why The Naysayers Are Wrong About America

Forbes - 23 Oct 2020 15:00
Why The Naysayers Are Wrong About America The "naysayers" would have you believe the world is ending.
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