7 Reasons a Stock Market Crash May Happen in Q4

It’s safe to say that this has been a year like none other. The coronavirus disease 2019 (COVID-19) pandemic has done one heck of a number on equities, and completely upended our social habits. We’ve witnessed the quickest bear market decline of at least 30% in history, as well as the fastest rebound to new all-time highs from a bear market low on record.

But as we’ve learned throughout the month of September, volatility hasn’t taken a vacation. We could very well have another stock market crash waiting for investors in the fourth quarter. Here are seven reasons a crash or correction may be imminent.

A plunging stock chart, with a person circling and drawing an arrow to the bottom.

Image source: Getty Images.

1. Another round of shutdowns becomes necessary

The pandemic is the most obvious of all possible reasons for a crash. Coronavirus infections could worsen considerably during the fall. Let’s not forget that the scientific community is still learning about the SARS-CoV-2

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2021 Is Shaping Up to Be a Huge Year for Brookfield Infrastructure

This year hasn’t turned out to be as good as many companies initially expected. That’s certainly the case for Brookfield Infrastructure (NYSE:BIP)(NYSE:BIPC), which experienced a trio of headwinds that will hold back its results this year.

However, it anticipates that those headwinds will fade next year. On top of that, the company expects to benefit from its growth-related investments. Add up those two tailwinds, and Brookfield believes next year will be a huge one for the company, which should continue well beyond next year. 

A dollar bill folded as an arrow that goes down but them back up higher.

Image source: Getty Images.

Resilience amid the storm

While the first half of this year was quite turbulent, most of Brookfield’s businesses performed well. The company’s utilities, energy, and data infrastructure businesses combined to generate $585 million in funds from operations (FFO) during the first half of the year, which was an impressive $45 million above their results during the same period of

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Asian stocks mixed after Wall St rally ahead of US debate

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A woman wearing face mask walks past a bank’s electronic board showing the Hong Kong share index in Hong Kong, Monday, Sept. 28, 2020. Asian shares were mostly higher in muted trading Monday, ahead of the first U.S. presidential debate and a national holiday in China later in the week.

AP

Asian stocks were mixed Tuesday after Wall Street recovered some of this month’s losses as investors looked ahead to a debate between President Donald Trump and his challenger in the November election, former Vice President Joe Biden.

Shanghai and Seoul advanced while Tokyo and Hong Kong declined. Sydney was little-changed.

Overnight, Wall Street’s benchmark S&P 500 index gained 1.6%, led by big tech stocks.

“This is welcome cheer, but does not redeem equities from a negative September,” Mizuho Bank said in a report. Its analysts questioned whether, without an obvious catalyst, the rise was driven by little

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South Korea’s KT Corp. to Enter Thailand’s IDC Market

-Korea’s Top IDC Operator Signs Strategic Partnership with Thailand’s JTS-

-New Collaboration with Jasmine Group’s IDC Unit Follows IPTV Partnership-

SEOUL, South Korea, Sept. 29, 2020 /PRNewswire/ — KT Corporation (KRX: 030200; NYSE: KT), South Korea’s largest telecommunications company, is expanding its strategic partnership with Thailand’s Jasmine Group as part of efforts to explore growing business opportunities in the Southeast Asian and other global markets.

Kim Youngwoo (left), KT’s global business head, poses with Somboon Patcharasopak, JTS president and director, for a photo session after signing a strategic collaboration agreement for IDC business development, in a video conference at KT’s Gwanghwamun Headquarters in Seoul on September 23.
Kim Youngwoo (left), KT’s global business head, poses with Somboon Patcharasopak, JTS president and director, for a photo session after signing a strategic collaboration agreement for IDC business development, in a video conference at KT’s Gwanghwamun Headquarters in Seoul on September 23.

In a latest of such efforts, KT signed a strategic collaboration agreement with Jasmine Telecom Systems (JTS) last week to develop a new internet data center (IDC) business in Thailand. JTS is the IDC business unit Jasmine Group, a

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Renewable Energy Group Hires Bob Kenyon as Vice President, Sales & Marketing Following the Announcement of Gary Haer’s Retirement

Renewable Energy Group, Inc. (NASDAQ: REGI) announced today that Bob Kenyon will be joining the company as Vice President, Sales & Marketing effective September 30, 2020. Kenyon will be succeeding Gary Haer following his decision to retire.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005422/en/

Bob Kenyon will be joining REG as Vice President, Sales & Marketing effective September 30, 2020. (Photo: Business Wire)

Kenyon brings deep knowledge of the oil and gas industry with more than 26 years of experience in fuels operations and downstream marketing. Most recently, Kenyon served as President of Atlas Oil Company in Taylor, MI. Atlas Oil Company is one of the largest fuels distributors in the country, delivering over 1 billion gallons of fuel annually to customers in 49 states.

“We are delighted to have Bob join REG. His extensive background in fuels marketing and downstream sales is a natural fit

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Blackstone Sets Goal to Reduce Carbon Emissions

Blackstone Group Inc.,

one of the world’s largest owners of real estate, is making a new commitment to cut its carbon footprint.

The investment firm has set a goal of reducing carbon emissions by 15% within the first three years of buying any asset or company across its portfolio. The initiative will begin in 2021 and will apply to new investments where Blackstone controls the energy systems.

The firm is joining with French energy and digital-automation company

Schneider Electric SE

to track its progress. Schneider will tabulate usage, cost and associated emissions data based on monthly energy bills from each new piece of Blackstone’s portfolio. Emissions reductions will be reported in aggregate against the firm’s overall target.

Private-equity firms have become increasingly focused on environmental, social and governance-related issues, driven in part by pressure from the public pension funds and other institutions that invest in them. Like many of its

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Euro-Area Economic Confidence Rises for Fifth Straight Month

(Bloomberg) — Economic confidence in the euro area improved for a fifth month, albeit at a slower pace as resurgent virus infections cast uncertainty over the outlook.

A European Commission sentiment index rose more than expected in September, sending the euro to the highest level in nearly a week. Yet confidence remains more than 30% below its pre-crisis level and evidence is building that the steep rebound following the end of lockdowns has started to level off.



Euro-area economic confidence improves at slower pace


© Bloomberg
Euro-area economic confidence improves at slower pace

Production expectations in industry, which initially bounced back sharply, have barely moved over the past two months, and the outlook for demand in services waned for a second straight month. A gauge measuring employment prospects also signaled a continued but weaker recovery in September.

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“The euro-zone economy is already showing signs of rebound fatigue,” said Bert Colijn, a senior economist at ING.

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Pandemic Threatens Long-Term Job Security After Hospitality Industry Layoffs : NPR

Stephannia Swain is a cook who was laid off as a result of the pandemic. COVID-19’s economic aftershocks have hit the hospitality industry especially hard.

Kimberly Paynter/WHYY


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Kimberly Paynter/WHYY

Stephannia Swain is a cook who was laid off as a result of the pandemic. COVID-19’s economic aftershocks have hit the hospitality industry especially hard.

Kimberly Paynter/WHYY

Stephannia Swain, 52, has had the same job for almost her entire adult life, cooking at the Warwick Hotel in Philadelphia.

“We only have six cooks and we’re all lifers,” she said. With 30 years of experience, Swain was the most senior, but others in the kitchen had been part of the team for nearly two decades.

Seniority meant she had control over her schedule, something that helped her balance time with family. Swain lives with her daughter in South Philly and helps to raise her three grandchildren, Aaron, Melody

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SEC charges ex-Amazon employee and family with insider trading

  • The Securities and Exchange Commission charged an Amazon Finance manager and two of her family members with insider trading on Monday.
  • When she worked at Amazon, Laksha Bohra helped prepare numbers used in Amazon’s quarterly and annual earnings reports, according to the SEC.
  • From 2016 to 2018, the SEC alleges that Bohra violated company rules and securities laws by sharing financial information about Amazon’s performance with her family, who then made trades based on the information.
  • Bohra’s family made $1.4 million from insider trading, the SEC said. 
  • Visit Business Insider’s homepage for more stories.

The Securities and Exchange Commission charged a former Amazon employee and two of her family members with insider trading on Monday. Laksha Bohra and her family made $1.4 million using the information, the SEC alleged. 

Bohra was employed in Amazon’s tax department, where she routinely looked at and helped prepare numbers associated with Amazon’s quarterly and

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Hedge Funds Are Getting Bullish On Prosperity Bancshares, Inc. (PB)

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the second quarter. You can find articles about an individual hedge fund’s trades on numerous financial news websites. However, in this article we will take a look at their collective moves over the last 5 years and analyze what the smart money thinks of Prosperity Bancshares, Inc. (NYSE:PB) based on that data and determine whether they were really smart about the stock.

Prosperity Bancshares, Inc. (NYSE:PB) has seen an increase in activity from the world’s largest hedge funds recently. Prosperity Bancshares, Inc. (NYSE:PB) was in 27 hedge funds’ portfolios at the end of the second quarter of 2020. The all time high for this statistics is 22. This means the bullish

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