{"id":86324,"date":"2020-10-19T14:34:33","date_gmt":"2020-10-19T14:34:33","guid":{"rendered":"https:\/\/funds.palos.ca\/issue-43-the-market-is-hostage-to-political-wrangling-waiting-for-the-election\/"},"modified":"2020-10-19T15:13:52","modified_gmt":"2020-10-19T15:13:52","slug":"issue-43-the-market-is-hostage-to-political-wrangling-waiting-for-the-election","status":"publish","type":"post","link":"https:\/\/funds.palos.ca\/fr\/issue-43-the-market-is-hostage-to-political-wrangling-waiting-for-the-election\/","title":{"rendered":"Issue 43 &#8211; The Market Is Hostage to Political Wrangling\u2014Waiting for the Election"},"content":{"rendered":"<p><strong>What Happened In the Week Ended October 16, 2020:<\/strong><\/p>\n<p>The S&amp;P 500 ended the week at 3484 almost exactly where it started, gaining only 0.2%. The market could have easily reacted more negatively in the latter part of the week than it did. There was a spike in Covid-19 cases around the world including the U.S., two Covid-19 trials&#8211;one for a vaccine (JNJ) and one for a drug treatment (LLY) were paused for safety reasons, jobless claims unexpectedly rose, consumer sentiment manifested some near-term concerns and industrial production logged a big downside miss in September. For all intents and purposes, equities coasted out of what felt like a frustrating episode. Perhaps the big beat on retail sales and PFE\u2019s public announcement saved the day. PFE said it could be ready to apply for emergency-use authorization of its Covid-19 vaccine by late November, assuming it receives positive efficacy and safety data from late-stage human trials. It was the first leading Western vaccine developer to provide a specific timeline.<\/p>\n<p>&nbsp;<\/p>\n<p>Follow us on: <a href=\"https:\/\/www.linkedin.com\/company\/palos-management-inc.\/\"><strong>LinkedIn<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #000000;\">By Hubert Marleau<\/span><\/p>\n<p><strong><span style=\"color: #000080;\"><a style=\"color: #000080;\" href=\"https:\/\/funds.palos.ca\/wp-content\/uploads\/2020\/10\/Macro_View_101920_1.pdf\">Continue Reading in PDF<\/a><\/span><\/strong><\/p>\n<p><span style=\"color: #000000;\">By Hubert Marleau<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What Happened In the Week Ended October 16, 2020: The S&amp;P 500 ended the week at 3484 almost exactly where it started, gaining only 0.2%. The market could have easily reacted more negatively in the latter part of the week than it did. There was a spike in Covid-19 cases around the world including the &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/funds.palos.ca\/fr\/issue-43-the-market-is-hostage-to-political-wrangling-waiting-for-the-election\/\"> <span class=\"screen-reader-text\">Issue 43 &#8211; The Market Is Hostage to Political Wrangling\u2014Waiting for the Election<\/span> Lire la suite\u00a0\u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":86316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[31],"tags":[],"_links":{"self":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/86324"}],"collection":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/comments?post=86324"}],"version-history":[{"count":0,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/86324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media\/86316"}],"wp:attachment":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media?parent=86324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/categories?post=86324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/tags?post=86324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}