Salient to Investors:
David Sowerby at Loomis Sayles said earnings continue to surprise on the upside, plus a slight improvement in manufacturing.
71 percent of S&P 500 companies beaten analysts’ quarterly estimates.
Darrell Cronk at Wells Fargo Private Bank said the consumer is showing he is willing to jump back in and seek out a job.
Thomas J. Lee at JPMorgan Chase said stocks have on average rallied 3 percent in the two months following Election Day after the last 5 tight races, while the equity market gains even more if the challenger wins.
Read the full article at http://www.bloomberg.com/news/2012-11-02/s-p-500-advances-in-shortened-week-ahead-of-elections.html