• History indicates the stock market may be heading for a strong Q4

    29 days ago - By Fortune

    Despite ending on a rough note with several straight weeks of losses to end September, Q3 was actually a surprisingly strong quarter for investors, with the S&P rising 8.5%. And according to history, that bodes well for Q4.
    What happens to the S&P 500 when the usually weak Q3 is up a lot ?
    Well, Q4 has gained every single time, up 11 for 11, with an average return of 7.3%. pic.twitter.com/QIMWsrUzAW - Ryan Detrick, CMT October 1, 2020
    As LPL Financial's Ryan Detrick points out, following big gains for markets in Q3, stocks have “gained every single time, up 11 for 11, with an average...
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  • Detroit Foundation Hotel Reopens October 4

    Detroit Foundation Hotel Reopens October 4

    29 days ago - By Hotel News Resource

    The award-winning hotel located in the former Detroit Fire Department Headquarters has been credited with spurring Downtown Detroit's revitalization and will welcome back visitors and locals with enhanced sanitation and safety protocols.
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  • Mission Produce's CEO thinks the produce company can bounce back from today's 'disappointing' IPO by winning over Europe with its famous Haas avocados

    Mission Produce's CEO thinks the produce company can bounce back from today's 'disappointing' IPO by winning over Europe with its famous Haas avocados

    29 days ago - By Business Insider

    Summary List Placement
    The IPO market has started to rebound from its freeze this past spring, with a number of small companies listing stock. But going public remains challenging , as Mission Produce's IPO on Thursday shows.
    The California-based avocado distributor had been planning its IPO long before COVID-19 started weighing down financial markets, CEO Steve Barnard told Business Insider in an interview Thursday. But on Wednesday, Mission said it would sell its shares for $12 each, lower than the range between $15 and $17 it targeted at first. The company also pared back the number of...
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  • US stocks will continue to outperform international stocks over the next decade, DataTrek says

    US stocks will continue to outperform international stocks over the next decade, DataTrek says

    30 days ago - By Business Insider

    Summary List Placement
    Since 2005, US stocks have handily outperformed emerging market and developed international stocks, DataTrek said in a note on Thursday.
    Expect the trend of US stocks outperforming international stocks to continue for the next decade, DataTrek co-founder Nicholas Colas noted.
    Driving the next decade of returns will be the technology and communications sector, which make up 39% of the S&P 500, markedly higher than emerging market and developed international indexes.
    Visit Business Insider's homepage for more stories .
    The trend of US stocks outperforming overseas...
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  • A Biden win could spur a 'knee-jerk' 5% pullback in the stock market, but investors should seize the buying opportunity, Credit Suisse strategist says

    30 days ago - By Business Insider

    CNBC TV
    Suresh Tantia of Credit Suisse told CNBC on Thursday that a Joe Biden win could spur a "knee-jerk" 5% pullback in the stock market given the Democratic nominee's stance on corporate taxes. However, this pullback will be a buying opportunity for investors because long-term Fed support will continue to drive markets after the election, said the senior investment strategist. Tantia said investors should seek out stocks in Asian markets as they are cheaper than US stocks and have strong earnings. Visit Business Insider's homepage for more stories. Suresh Tantia, a Credit Suisse senior...
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  • A Biden win could spur a 'knee-jerk' 5% pullback in the stock market, but investors should seize the buying opportunity, Credit Suisse strategist says

    A Biden win could spur a 'knee-jerk' 5% pullback in the stock market, but investors should seize the buying opportunity, Credit Suisse strategist says

    30 days ago - By Business Insider

    Summary List Placement
    Suresh Tantia of Credit Suisse told CNBC on Thursday that a Joe Biden win could spur a "knee-jerk" 5% pullback in the stock market given the Democratic nominee's stance on corporate taxes.
    However, this pullback will be a buying opportunity for investors because long-term Fed support will continue to drive markets after the election, said the senior investment strategist.
    Tantia said investors should seek out stocks in Asian markets as they are cheaper than US stocks and have strong earnings.
    Visit Business Insider's homepage for more stories .
    Suresh Tantia, a...
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