Archive List for Market

Charlie Munger talks investing, becoming a billionaire, the Fed, tech, crypto, and more

Legendary investor Charlie Munger died on November 28th at the age of 99. He served not only as Berkshire Hathaway’s (BRK-B) Vice Chairman, but as Warren Buffett’s right-hand man for nearly six decades. Over the years, Yahoo Finance has had the opportunity to sit down one-on-one with him to discuss everything from inflation to crypto. Here’s a look back at his expert insight and advice as we commemorate his monumental legacy. Charlie Munger on Berkshire Hathaway deals (00:00:25) “I can’t think of a single example in my whole life where keep keeping it simple has worked against us,” Munger said. “We made mistakes but they weren’t because we kept it […]

Interest rate outlook: Fed presidents offer conflicting views

Atlanta Federal Reserve President Rafael Bostic and Cleveland Federal Reserve President Loretta Mester are offering slightly different takes on the Fed’s rate path. At a speech in Chicago, Mester said that “monetary policy is in a good place for policymakers to assess incoming information,” but she left the door open to further rates hikes saying “whether the fed funds rate needs to go higher than its current level and for how long policy needs to remain restrictive will depend importantly on whether the economy is evolving as expected.” Bostic was more optimistic, writing in essay that he believes inflation is coming down, and that “tighter monetary policy and tighter financial […]

10-year Treasury yield slides below 4.3% for the first time since September

The US 10-year Treasury yield has fallen below 4.3% for the first time since September as bond yields are on the path for the largest single-day drop since 2011. Yahoo Finance Live eyes the bond market following the latest GDP print. #youtube #BONDS #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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. Connect with Yahoo Finance: Check the latest news and data at finance.yahoo.com Follow Yahoo Finance on social: Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: […]

Warren Buffett, Charlie Munger, and Berkshire Hathaway: A look at the stock and succession plans

For decades, succession plans have been a big question for Berkshire Hathaway (BRK-A, BRK-B) investors, especially given the high bar set by Warren Buffett. The death of the company’s vice chairman, Charlie Munger, has again brought some of those concerns to the forefront. Who will take over? How will the company fare after years of Buffett’s leadership? However, as Morningstar Senior Stock Analyst Greggory Warren explains to Yahoo Finance Live, Buffett has made changes at the company that could make the transition easier for whomever takes his place. Warren expounds on the current structure of Berkshire Hathaway: “The fact that there are so few people at corporate and that Buffett’s […]

Charles Schwab predicts ‘economic pain is likely’ in 2024

Charles Schwab’s 2024 outlook predicts economic hardship is likely, but isn’t expected to impede the progress of the stock market. Schwab also highlights resilient consumer spending while noting potential emerging credit risks. Yahoo Finance’s Seana Smith and Diane King Hall take a closer look at the report, comparing and contrasting various Wall Street outlooks for 2024. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. #youtube #stockmarket #yahoofinance Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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 […]

Bitcoin rallies, jumping 123% year-to-date

Bitcoin (BTC-USD) is up more than 40% over the last three months. Investors are waiting to hear if the Securities and Exchange Commission will approve a spot bitcoin ETF, with inflows into the cryptocurrency surging the last five weeks. Yahoo Finance Reporter Jared Blikre joins the Live show to break down the numbers and give insight into whether or not this bitcoin rally can continue into next year. #youtube #bitcoin #crypto Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb 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. Connect with Yahoo Finance: […]

Amazon is beating FedEx and UPS because they ‘built a better mouse trap,’ analyst says

Amazon (AMZN) has become the king of the hill when it comes to deliveries as the e-commerce giant, according to company documents released by the Wall Street Journal, delivered 4.8 billion packages by Thanksgiving this year — more than its competitors FedEx (FDX) and United Parcel Service (UPS). The company also estimates that it will reach 5.8 billion packages by the end of the year, outpacing its total deliveries compared to last year by 600 million. Scott Devitt, Wedbush Managing Director, Equity Research, joins Yahoo Finance to discuss why Amazon has continued to become a dominant force in the delivery business. “The way that the market share has changed is […]

Stock market outlook 2024, plus a look back on the surprise rally of 2023

This time last year, analysts were gloomy on the stock market outlook, given the war in Ukraine, the prospect of higher interest rates and expectations of a recession. Yet 2023 is proving the exact opposite, with the S&P 500 up more than 19% as of Monday, driven by strong outperformance among megacaps like Apple (AAPL), Microsoft (MSFT), Amazon (AMZN) and Nvdia (NVDA). So what’s in store for 2024? Analysts are offering bullish predictions—with calls from Deutsche Bank and BMO hinting at a potential 13% rise in the S&P500 (^GSPC)—emphasizing the need to navigate the evolving dynamics in the coming year. Yahoo Finance’s Market Reporter Jared Blikre weighs in on analysts’ […]

U.S. homebuyers stuck in ‘divided market,’ economist explains

Existing US home sales drooped to a 13-year low in October. National Association of Realtors (NAR) Chief Economist Lawrence Yun breaks down the unique set of circumstances weighing on homeowners and sellers in the US housing market. “The challenge is that with higher mortgage rates, it’s really hurting the first-time buyers from entering the market. First-time buyers, comprising less than 30% of all transactions, it should be closer to 40% in normal circumstance,” Yun tells Yahoo Finance Live. “So we have a divided market: homeowners doing well, yet the potential homebuyers, renters who want to be part of the ownership society, are struggling to get into the market.” For more […]

U.S. consumer health is, ‘quite good’: JLL President

The holiday shopping season’s marquee event is finally here: Black Friday. Retailers begin their promotions earlier and earlier every year, with stores pushing discounts as early as October in 2023. Jones Lang LaSalle Incorporated (JLL) President of Retail Naveen Jaggi joins Yahoo Finance Live anchors Seana Smith and Brad Smith to talk retail sales data and the strength of the US consumer. The US consumer is as resilient as ever, and they have proven time and time again, they will spend when given the opportunity to spend, and no better example than when we came out of the pandemic… when we saw the whiplash at a mass of 60-70% year-over-year […]