Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start._老虎社区_美港股上老虎

Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.

Barron's2021-10-06

October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...

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291

Willo88
·2021-10-07
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2
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- kenong62:
  done
  2021-10-07
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- Chanelyap:
  Ok
  2021-10-07
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Huat1333
·2021-10-07
That said..Let take a breaks....[得意] [得意] [得意]
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1
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- Huat1333:
  supports [强]
  2021-10-07
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Steve81
·2021-10-07
Jiayou
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2
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- Steve81:
  Good
  2021-10-07
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来人
·2021-10-07
Why? 🤔
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1
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SPOT_ON
·2021-10-07
Like n follow
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3
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- 来人:
  Done
  2021-10-07
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- Adlchw29:
  Ok
  2021-10-07
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- SPOT_ON:
  like 👍
  2021-10-08
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andrew123
·2021-10-07
Like n comment
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2
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- WWXY:
  donee!
  2021-10-07
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- andrew123:
  tks
  2021-10-07
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- andrew123:
  tks
  2021-10-08
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MNCoffee
·2021-10-07
yikes
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3
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- vivo8787:
  Really?
  2021-10-10
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HENRYCSC
·2021-10-07
[Observation]
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1
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你在说
·2021-10-07
🥺🥺🥺🥺🥺
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2
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SlowNana
·2021-10-06
Oh no
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2
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Ninjek
·2021-10-06
❤️❤️❤️
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2
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MouseKee
·2021-10-06
:(
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2
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pcweeeee
·2021-10-06
Sad
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2
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CW8
·2021-10-06
Ok
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3
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EeHoe
·2021-10-06
gl
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- 滚股怪:
  Lg
  2021-10-07
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EeHoe
·2021-10-06
gl
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2
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Jacinthaa
·2021-10-06
Tell me your opinion about this news...
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- valueTrader:
  will recover
  2021-10-07
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- Cockatoo:
  PE ratios of many companies are down significantly and market doesnt look overpriced, except some high-growth companies like Square and Tesla. I think we will 🐂
  2021-10-07
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Slee49
·2021-10-06
Good read
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- Slee49:
  Like
  2021-10-06
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Ken81
·2021-10-06
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- Ken81:
  Ok
  2021-10-06
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- EeHoe:
  ok
  2021-10-06
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NadNad
·2021-10-06
Like
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- Bluetan:
  Done, please like
  2021-10-06
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But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">网页链接</a>\n\n</div>\n","source":"lsy1610680873436","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. 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Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","article_id":"1168850593","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","pubTimestamp":1633526214,"sourceInfo":{"source_id":"lsy1610680873436","name":"Barron's"},"weMediaInfo":null,"summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. 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The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? 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The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. 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Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6118643,"gmtCreate":1633579035079,"gmtModify":1634719760832,"authorId":3574928367638029,"author":{"id":3574928367638029,"authorId":3574928367638029,"name":"kenong62","avatar":"https://static.tigerbbs.com/37fd00bd8cea11b8aa1aed6d9ddd9413","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823987130,"type":1,"supId":0,"prevId":0,"content":"done","text":"done","html":"done"},{"id":6120334,"gmtCreate":1633595668094,"gmtModify":1634719627854,"authorId":3581317711527033,"author":{"id":3581317711527033,"authorId":3581317711527033,"name":"Chanelyap","avatar":"https://static.tigerbbs.com/ead5a4e57e2f9f018e7802a33c0a28f5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823987130,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"CN"},{"id":823915602,"gmtCreate":1633571209536,"gmtModify":1633571210435,"author":{"id":"3559014783889591","authorId":"3559014783889591","name":"Huat1333","avatar":"https://static.tigerbbs.com/c81eba606fe8ba066bc4881a7605ad56","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"That said..Let take a breaks....[得意]&nbsp;[得意]&nbsp;[得意]&nbsp;","listText":"That said..Let take a breaks....[得意]&nbsp;[得意]&nbsp;[得意]&nbsp;","text":"That said..Let take a breaks....[得意] [得意] [得意]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823915602","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6117209,"gmtCreate":1633571223213,"gmtModify":1634719880014,"authorId":3559014783889591,"author":{"id":3559014783889591,"authorId":3559014783889591,"name":"Huat1333","avatar":"https://static.tigerbbs.com/c81eba606fe8ba066bc4881a7605ad56","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":823915602,"type":1,"supId":0,"prevId":0,"content":"supports  [强]","text":"supports  [强]","html":"supports  [强]"}],"langContent":"CN"},{"id":829727712,"gmtCreate":1633561083427,"gmtModify":1633561083674,"author":{"id":"3583228594556766","authorId":"3583228594556766","name":"Steve81","avatar":"https://static.tigerbbs.com/8451fbd9311bbb12faabfa8f6138ef34","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Jiayou&nbsp;","listText":"Jiayou&nbsp;","text":"Jiayou","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/829727712","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6114440,"gmtCreate":1633561090656,"gmtModify":1634720141736,"authorId":3583228594556766,"author":{"id":3583228594556766,"authorId":3583228594556766,"name":"Steve81","avatar":"https://static.tigerbbs.com/8451fbd9311bbb12faabfa8f6138ef34","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829727712,"type":1,"supId":0,"prevId":0,"content":"Good","text":"Good","html":"Good"}],"langContent":"CN"},{"id":829724858,"gmtCreate":1633560916510,"gmtModify":1633560916906,"author":{"id":"3575544575320394","authorId":"3575544575320394","name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Why? 🤔","listText":"Why? 🤔","text":"Why? 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829724858","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":829769278,"gmtCreate":1633559096950,"gmtModify":1633559104384,"author":{"id":"3582922989777578","authorId":"3582922989777578","name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Like n follow&nbsp;","listText":"Like n follow&nbsp;","text":"Like n follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/829769278","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6114425,"gmtCreate":1633560924022,"gmtModify":1634720143052,"authorId":3575544575320394,"author":{"id":3575544575320394,"authorId":3575544575320394,"name":"来人","avatar":"https://static.tigerbbs.com/0af89587decbb8a1d3e1596adc29cb98","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829769278,"type":1,"supId":0,"prevId":0,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"},{"id":6114443,"gmtCreate":1633561108034,"gmtModify":1634720141518,"authorId":3582005594564308,"author":{"id":3582005594564308,"authorId":3582005594564308,"name":"Adlchw29","avatar":"https://static.tigerbbs.com/7065dbdf3de011b27336702551527d42","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829769278,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6124931,"gmtCreate":1633639158579,"gmtModify":1634719294208,"authorId":3582922989777578,"author":{"id":3582922989777578,"authorId":3582922989777578,"name":"SPOT_ON","avatar":"https://static.tigerbbs.com/080f029371339d9db26930961de6adb1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829769278,"type":1,"supId":6114425,"prevId":0,"content":"like 👍","text":"like 👍","html":"like 👍"}],"langContent":"CN"},{"id":829732525,"gmtCreate":1633555513631,"gmtModify":1633555515401,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/829732525","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6117548,"gmtCreate":1633572336577,"gmtModify":1634719849845,"authorId":3579404476253924,"author":{"id":3579404476253924,"authorId":3579404476253924,"name":"WWXY","avatar":"https://static.tigerbbs.com/28344ad9ceda3dc5b69061cf021b7c88","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829732525,"type":1,"supId":0,"prevId":0,"content":"donee!","text":"donee!","html":"donee!"},{"id":6118534,"gmtCreate":1633578104266,"gmtModify":1634719770330,"authorId":3576260758860416,"author":{"id":3576260758860416,"authorId":3576260758860416,"name":"andrew123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829732525,"type":1,"supId":6117548,"prevId":0,"content":"tks","text":"tks","html":"tks"},{"id":6125382,"gmtCreate":1633644749711,"gmtModify":1634719256655,"authorId":3576260758860416,"author":{"id":3576260758860416,"authorId":3576260758860416,"name":"andrew123","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829732525,"type":1,"supId":6117548,"prevId":0,"content":"tks","text":"tks","html":"tks"}],"langContent":"CN"},{"id":829794947,"gmtCreate":1633552614345,"gmtModify":1633552614794,"author":{"id":"3578437374431441","authorId":"3578437374431441","name":"MNCoffee","avatar":"https://static.tigerbbs.com/1574b98e81022d53dfe703d67f405d4e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"yikes","listText":"yikes","text":"yikes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/829794947","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6146349,"gmtCreate":1633825289242,"gmtModify":1634717532959,"authorId":3581711485322302,"author":{"id":3581711485322302,"authorId":3581711485322302,"name":"vivo8787","avatar":"https://static.tigerbbs.com/b863ab23ed789e4cdcd83c9777c2cbae","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829794947,"type":1,"supId":0,"prevId":0,"content":"Really?","text":"Really?","html":"Really?"}],"langContent":"CN"},{"id":829703245,"gmtCreate":1633542332566,"gmtModify":1633542459419,"author":{"id":"3575091428590185","authorId":"3575091428590185","name":"HENRYCSC","avatar":"https://static.tigerbbs.com/6d47a6dec25b21dc547a5b982674c499","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Observation]&nbsp;","listText":"[Observation]&nbsp;","text":"[Observation]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829703245","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":829452418,"gmtCreate":1633536830144,"gmtModify":1633536830280,"author":{"id":"3576413612990488","authorId":"3576413612990488","name":"你在说","avatar":"https://static.tigerbbs.com/5c04d27f54fc32a1ba5e987eec14bfc1","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"🥺🥺🥺🥺🥺","listText":"🥺🥺🥺🥺🥺","text":"🥺🥺🥺🥺🥺","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829452418","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":829486327,"gmtCreate":1633533685497,"gmtModify":1633533685712,"author":{"id":"3586490126059662","authorId":"3586490126059662","name":"SlowNana","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Oh no","listText":"Oh no","text":"Oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829486327","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":829497816,"gmtCreate":1633531735178,"gmtModify":1633531735574,"author":{"id":"3581856827682527","authorId":"3581856827682527","name":"Ninjek","avatar":"https://static.tigerbbs.com/689e2dabbb18545d2e55228c4ad12578","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"❤️❤️❤️","listText":"❤️❤️❤️","text":"❤️❤️❤️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829497816","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":829407531,"gmtCreate":1633531052967,"gmtModify":1633531053106,"author":{"id":"4087436573458130","authorId":"4087436573458130","name":"MouseKee","avatar":"https://static.tigerbbs.com/f28cd9fb3c282bfaef02c7144a949b51","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":":(","listText":":(","text":":(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829407531","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":829406569,"gmtCreate":1633530823088,"gmtModify":1633530823170,"author":{"id":"3572250120028861","authorId":"3572250120028861","name":"pcweeeee","avatar":"https://static.tigerbbs.com/c682efd1dbd41eeba6935e6bd619ed30","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829406569","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":829576555,"gmtCreate":1633530355400,"gmtModify":1633530355719,"author":{"id":"3578367364626693","authorId":"3578367364626693","name":"CW8","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829576555","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":829573283,"gmtCreate":1633530153381,"gmtModify":1633530155832,"author":{"id":"3569357432940876","authorId":"3569357432940876","name":"EeHoe","avatar":"https://static.tigerbbs.com/cb0c6bece08ddb8d0b70306a6488c1a2","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"gl","listText":"gl","text":"gl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/829573283","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6113950,"gmtCreate":1633557396035,"gmtModify":1634720187621,"authorId":4091089381144950,"author":{"id":4091089381144950,"authorId":4091089381144950,"name":"滚股怪","avatar":"https://static.tigerbbs.com/b67621b4133ca0db91bff9766152a448","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829573283,"type":1,"supId":0,"prevId":0,"content":"Lg","text":"Lg","html":"Lg"}],"langContent":"CN"},{"id":829579551,"gmtCreate":1633530137695,"gmtModify":1633530138357,"author":{"id":"3569357432940876","authorId":"3569357432940876","name":"EeHoe","avatar":"https://static.tigerbbs.com/cb0c6bece08ddb8d0b70306a6488c1a2","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"gl","listText":"gl","text":"gl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/829579551","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":829570698,"gmtCreate":1633530072909,"gmtModify":1633530073013,"author":{"id":"3582024573514225","authorId":"3582024573514225","name":"Jacinthaa","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/829570698","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6114495,"gmtCreate":1633561399815,"gmtModify":1634720136256,"authorId":3576118384681891,"author":{"id":3576118384681891,"authorId":3576118384681891,"name":"valueTrader","avatar":"https://static.tigerbbs.com/9b20c817213be1647e2dee23f5d62e0d","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829570698,"type":1,"supId":0,"prevId":0,"content":"will recover","text":"will recover","html":"will recover"},{"id":6115667,"gmtCreate":1633565783701,"gmtModify":1634720023134,"authorId":4095668241594670,"author":{"id":4095668241594670,"authorId":4095668241594670,"name":"Cockatoo","avatar":"https://static.tigerbbs.com/0055bde0938dcc9ff3f3925ff22ea2c7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829570698,"type":1,"supId":0,"prevId":0,"content":"PE ratios of many companies are down significantly and market doesnt look overpriced, except some high-growth companies like Square and Tesla. I think we will 🐂","text":"PE ratios of many companies are down significantly and market doesnt look overpriced, except some high-growth companies like Square and Tesla. I think we will 🐂","html":"PE ratios of many companies are down significantly and market doesnt look overpriced, except some high-growth companies like Square and Tesla. I think we will 🐂"}],"langContent":"CN"},{"id":829542232,"gmtCreate":1633529766241,"gmtModify":1633529842593,"author":{"id":"3581993357014262","authorId":"3581993357014262","name":"Slee49","avatar":"https://static.tigerbbs.com/a4a9c556617a3ec3446f5c1c667b4aa0","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/829542232","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6111937,"gmtCreate":1633529778177,"gmtModify":1634720344196,"authorId":3581993357014262,"author":{"id":3581993357014262,"authorId":3581993357014262,"name":"Slee49","avatar":"https://static.tigerbbs.com/a4a9c556617a3ec3446f5c1c667b4aa0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829542232,"type":1,"supId":0,"prevId":0,"content":"<u>Like</u>","text":"<u>Like</u>","html":"<u>Like</u>"}],"langContent":"CN"},{"id":829552821,"gmtCreate":1633529191307,"gmtModify":1633529191580,"author":{"id":"3585213688830112","authorId":"3585213688830112","name":"Ken81","avatar":"https://static.tigerbbs.com/418cd48b74e205c2447c77f326f1817c","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/829552821","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6111786,"gmtCreate":1633529200567,"gmtModify":1634720354160,"authorId":3585213688830112,"author":{"id":3585213688830112,"authorId":3585213688830112,"name":"Ken81","avatar":"https://static.tigerbbs.com/418cd48b74e205c2447c77f326f1817c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829552821,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"},{"id":6111997,"gmtCreate":1633530143881,"gmtModify":1634720340485,"authorId":3569357432940876,"author":{"id":3569357432940876,"authorId":3569357432940876,"name":"EeHoe","avatar":"https://static.tigerbbs.com/cb0c6bece08ddb8d0b70306a6488c1a2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829552821,"type":1,"supId":6111786,"prevId":0,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"CN"},{"id":829559270,"gmtCreate":1633528861691,"gmtModify":1633528862103,"author":{"id":"3578371160956810","authorId":"3578371160956810","name":"NadNad","avatar":"https://static.tigerbbs.com/5b9cb8b114a799d8c15172b886370b7e","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/829559270","repostId":1168850593,"repostType":4,"repost":{"id":"1168850593","pubTimestamp":1633526214,"share":"https://www.laohu8.com/m/news/1168850593?lang=&edition=full","pubTime":"2021-10-06 21:16","market":"us","language":"en","title":"Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168850593","media":"Barron's","summary":"October marks the start of the fourth quarter, often a strong three months for the stock market. But","content":"<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.</p>\n<p>The red flag isn’t a red herring: TheS&amp;P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.</p>\n<p>But on Monday, the start of October’s first full trading weekthe S&amp;P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.</p>\n<p>The reasons why are many, but let’s start with a little more history.</p>\n<p>After a bad September—the S&amp;P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers.&nbsp;On average, a down September translates to an October loss of 0.4%, according to Bank of America.</p>\n<p>Then, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&amp;P 500 hadn’t closed more than 5% below its all-time closing highin a year.</p>\n<p>“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”</p>\n<p>Now consider the risks to economic and corporate fundamentals lurking in the background.</p>\n<p>Inflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.</p>\n<p>“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”</p>\n<p>Lastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.</p>\n<p>Less money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&amp;P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.</p>\n<p>So the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Usually Gain in the Fourth Quarter. Why This One Is Off to a Bad Start.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-outlook-fourth-quarter-51633380291?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168850593","content_text":"October marks the start of the fourth quarter, often a strong three months for the stock market. But this one is off to a shaky start—a warning that investors shouldn’t ignore about what the rest of the year might bring.\nThe red flag isn’t a red herring: TheS&P 500has risen for 79% of fourth quarters since 1950, according to strategists at commercial bank Truist. The average move was 4% in gains.\nBut on Monday, the start of October’s first full trading weekthe S&P 500 was selling off—like it did for much of September. The index ended the day down 1.3%.\nThe reasons why are many, but let’s start with a little more history.\nAfter a bad September—the S&P 500 was down 5% last month—a bad October usually follows. The index has gained in just 54% of Octobers. On average, a down September translates to an October loss of 0.4%, according to Bank of America.\nThen, there’s the hard reality that the market is due for a correction—a drop of 10% or more. Before last week, the S&P 500 hadn’t closed more than 5% below its all-time closing highin a year.\n“I do not think we have seen the bottom yet in stocks,” writes Jay Pestrichelli, CEO of ZEGA Financial. “While September’s stock market declines were uncomfortable, they were far from a traditional 10% market correction.”\nNow consider the risks to economic and corporate fundamentals lurking in the background.\nInflation isn’t going away. Higher material and labor costs—driven in part by supply shortages—aredenting profit marginsfor some companies. For the broader market, rising prices have increasedthe likelihood that the Federal Reserve will raise short-term interest rates next year.If the Fed does hike rates, the economy could grow more slowly, especially since inflation is already eating into economic demand.\n“Inflation really is picking up and they [the Fed] can’t just let inflation run rampant,” says David Miller co-founder and chief investment officer of Catalyst Capital Advisors. “Markets are generally concerned until there’s a clear picture about what the Fed’s actually going to do.”\nLastly, beware of rising long-dated bond yields. Fed Chairman Jerome Powell has signaled that the central bank probably will begin “tapering,” or reducing its monthly bond buying before the end of the year.\nLess money moving into the bond market reduces bond prices and lifts their yields. That makes future profits less valuable. Already, the average forward one-year earnings multiple on the S&P 500 is at 20 times, lower than the 22 times it had hit earlier in the year.\nSo the takeaway? Let history be a guide—and let the dust settle on the fundamental risks.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6111749,"gmtCreate":1633528977670,"gmtModify":1634720356461,"authorId":3574045310314391,"author":{"id":3574045310314391,"authorId":3574045310314391,"name":"Bluetan","avatar":"https://static.tigerbbs.com/f08bbb20e6f394d74fc7020c446c6248","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":829559270,"type":1,"supId":0,"prevId":0,"content":"Done, please like","text":"Done, please like","html":"Done, please like"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":291,"commentSize":22,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}