
Market Moves
Dr. Doom: Partisan Divisions Will Axe a New Stimulus—and Bring Another Downturn
To economist Nouriel Roubini, a breakthrough is unlikely either in a lame duck Congress or the one next year.
Maybe not so much stocks, but high-yield is well-positioned if the Democrat wins and enacts his agenda, Northeast’s Monrad forecasts.
Calendar effect: Why September has the worst returns, and October the most volatility and market plummets.