Why the AT&T-Time Warner merger bodes ill for the market
Plus: The wealthy prepare for Clinton's tax hikes, bullish on financial and health-care stocks, and those expensive World Series tickets.
- Think the AT&T/Time Warner merger is a good thing for the stock market? Think again. History suggests it could be more of a trick than a treat.
- The odds of getting a tax hike through the House of Representatives are long indeed. Still, the wealthy are getting ready for higher taxes in a Hillary Clinton regime.
- If you’re one of the six people still picking stocks, there are a few areas that might be ripe for multiple expansion. Ed Yardeni of Yardeni Research likes healthcare and financials.
- Cubs? Indians? No matter what your favorite team, be prepared to pay up if you want a seat at the Series. Tickets cost, on average $2,983.
Learn more about reprints and licensing for this article.