The presidential election and recession risks are several of the topics at the top of Americans’ minds for 2024, according to poll answers from Yahoo Finance readers and viewers. Yahoo Finance Senior Columnist Rick Newman talks about the poll results, including the outlook on the presidential race between President Biden and Republican frontrunner Donald Trump. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news […]
#etf #ai #yahoofinance #magnificentseven ETF gained major ground among investors in 2023’s volatile environment. Pacer ETFs President Sean O’Hara discusses 2024’s ETF outlook with Yahoo Finance Live, calling this past year “unique” with the dominance of the Magnificent Seven tech stocks. O’Hara cautions that “it never lasts.” O’Hara suggests investors opt into diversifying portfolios through equal-weighted versions of holdings. With AI revolutionizing markets, O’Hara says “we are in the midst of a technological revolution” as AI “eats up so much data.” However, he advises “a diversified approach” when investing in AI, including both key tech players and the chipmakers “that do all the computing work.” For more expert insight and […]
US existing home sales rose by 0.8% for November as mortgage rates slip back below 7%. ResiClub Co-Founder and CEO Lance Lambert comments on the outlook for home sales if mortgage rates continue to slide lower. “The question is how much can that number really move up with affordability still being strained and there still being some type of lock-in effect in the market,” Lambert tells Yahoo Finance. “It does feel like the worst could potentially be behind us for existing home sales and that volumes will hopefully start to move up.” Lambert also discusses on the relation between mortgage rates and Treasury yields if the Federal Reserve were to […]
The combined market cap of US companies valued over a trillion dollars has reached $10 trillion in 2023, doubling from the previous year. Apple (AAPL) leads with a market cap worth over $3 trillion, followed by Microsoft (MSFT), Alphabet (GOOG, GOOGL), Amazon (AMZN), and Nvidia (NVDA). Yahoo Finance Market Reporter Jared Blikre breaks down these numbers, comparing the market share of these tech giants to their values from before the pandemic. #Microsoft #Google # About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and […]
#2024 #stockmarket #investors #yahoofinance As the stock market approaches record highs, the risks are even higher for investors. Great Hill Capital Chairman Thomas Hayes joins Yahoo Finance Live to weigh in on what investors should be looking at. Hayes advises investors to focus on relative value, favoring small and mid-cap stocks. Despite large-cap stocks making up a hefty sum of indexes, there are expectations for companies to perform less than stellar as compared to 2023. Hayes notes these companies will do “okay,” predicting a “stock picker’s market” regardless of political pressures associated with the 2024 presidential election and Congressional gridlock. For more expert insight and the latest market action, click […]
Ethan Brown is one of the leaders taking on the meat industry, as Founder and CEO of Beyond Meat (BYND). Brown has managed to make deals with brands like Target (TGT) and Dunkin Donuts, and in May of 2019 he took the company public as part of the plant-based meat boom. Brown invited Yahoo Finance Executive Editor Brian Sozzi to Beyond Meat headquarters in El Segundo, CA to share insights on what it takes to lead the company through the challenges of competing in the meat industry and the qualities that keep him going, like building a trustworthy team, focusing on the company’s true mission of changing how consumers consume […]
The new year brings with it new changes for retirement accounts. One of the big ones will be how much people can contribute. David Wright, President & Owner of Wright Financial, and Christine Benz, Director of Personal Finance at Morningstar, join Yahoo Finance to discuss the changes made for retirement accounts and how best to capitalize on these changes. Wright comments on the new limits for retirement contributions: “With the appreciation and the income limits, there is going to be more room for capital gains, appreciated sales on capital gains for the new year. So all of those things are going to tie together for Americans to be able to […]
#inflation #economists #yahoofinance #consumerspending Despite inflation and higher interest rates, consumers still increased their holiday spending, according to the latest data from Mastercard. RSM Economist Tuan Nguyen isn’t surprised given the excessive savings Americans built up during the pandemic. Nguyen believes that 2024 will be the year a “new normal” sets in, with the US economy achieving a soft landing with growth rates returning to pre-pandemic levels. However, Nguyen argues that over the coming years, inflation will be higher because “demographic changes, labor shortages, and re-globalization will lead to some more pressure on prices.” For more expert insight and the latest market action, click here to watch this full episode […]
#holidays #holidayshopping #retail #unemployment #yahoofinance The US Misery Index — a composite measurement of unemployment and inflation rates — is on track to end 2023 at 6.8%, its lowest level since the COVID-19 pandemic. While consumers continued to spend through the holiday shopping season, how is the Misery Index becoming apparent in consumer sentiment? Robertson Stephens Chief Economist Jeanette Garretty details the trends seen in recent consumer spending patterns and the data that may serve as a “check engine light” in 2024. “There is very little… economic evidence that consumer sentiment directly feeds into those near-term spending patterns — it is really driven by income. Income is up,” Garretty explains […]
Yahoo Finance Senior Political Columnist Rick Newman breaks down some of the challenges facing President Biden as he fights to get reelected in 2024 amid high food prices, inflation, and low approval ratings. #youtube #2024election #stockmarket About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and data at finance.yahoo.com – Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) – Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance
