After comeback, the stock market is aligned with a historical pattern with perfect track record

Yun Li | March 17, 2019

After comeback, the stock market is aligned with a historical pattern with perfect track record
Stocks hit a new high for the year this week, back on track to match a post-election pattern that has stood the test of time. The stock market has risen in the year after all 18 midterm elections since World War II, with the S&P 500 delivering an average return of 14.5 percent, according to LPL Financial Research. The pattern is pointing to a longer bull run even after this year’s epic rebound. “With the S&P 500 up only 1.3 percent since the midterm election last November, there indeed could still be room for stocks to run in 2019,” LPL’s Ryan Detrick said in a note on Wednesday. After this week’s rally, the stock market has bounced back from December’s steep sell-off with the S&P 500 up more than 12 percent year to date. And there are a couple catalysts that could send stocks even higher, including a China trade deal that could take the uncertainty out of the market and a helping hand from the Federal Reserve that already signaled a more “patient” approach to rate hikes and it is prepared to “adjust ” balance sheet unwind if needed.

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Even as blockchain is poised to disrupt the financial services industry, from operations to business models, most organizations face substantial uncertainty about how the blockchain ecosystem will develop and the changes it will unleash. While some early adopters are pushing ahead rapidly, most firm


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FINANCIAL MANAGEMENT

Global Business Spend Indicator, New Survey By American Express, Shows U.S. Businesses Have Bullish Outlook on B2B Spending

American Express | June 01, 2021

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FINTECH

Quint Group joins growing tech community at Alderley Park’s Glasshouse

Quint | June 01, 2021

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FINANCIAL MANAGEMENT

REPAY to Acquire Integrated Payments Provider BillingTree for $503 Million

REPAY, BillingTree | May 11, 2021

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FUNDING

FinLync Secures $16M to Support Global Expansion

FinLync | May 10, 2021

FinLync, a privately held, global fintech company transforming corporate finance and treasury offices through its world-class products, today announced that it has closed on a $16M equity funding round. Point72 Ventures led the financing and included investments from Nyca Partners, former CFO of Palantir and Founding Partner of Friends & Family Capital Colin Anderson, and Plaid Founder William Hockey. FinLync brings speed, simplicity and greater transparency and control to finance and treasury professionals globally. Through its world-class products, they provide them the infrastructure to unlock more value from their day-to-day operations. This latest funding will support...

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Spotlight

Even as blockchain is poised to disrupt the financial services industry, from operations to business models, most organizations face substantial uncertainty about how the blockchain ecosystem will develop and the changes it will unleash. While some early adopters are pushing ahead rapidly, most firm

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