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.

OCT 26, 2016

By Jeff Benjamin

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.