Archive List for Market

Jamie Dimon slams central banks, says ‘dead wrong’ on economic forecasts

JPMorgan Chase CEO Jamie Dimon warned about the Fed Reserve’s economic forecast at a conference in Saudi Arabia, calling Fed regulators “100% dead wrong” on their track record over the past 18 months. Tim Urbanowicz, Innovator Capital Management ETF Head of Research, reacts to Dimon’s comments on future interest rate hikes and how rates could be influencing Treasury yields. “There’s a very strong case right now that interest rates are restrictive,” Urbanowicz tells Yahoo Finance. “We’re at this point where we need to wait and see what the damage looks like with those hikes, but I think [Dimon is] exactly right in that it’s really about how long rates stay […]

Real Estate outlook: Economist warns of housing winter: ‘Prices unlikely to fall’

The 30-Year fixed mortgage rate is quickly approaching 8% for many potential home buyers. Meanwhile, prices for new homes continue to rise, and inventory remains low, making both new and existing home owners reluctant to buy. According to the National Association of Realtors (NAR) existing-home sales dropped 15% in September on a year-over-year basis. This provides a miserable mix for the housing market that makes many believe the market has entered an early winter. David Mericle, Goldman Sachs Chief US Economist in Global Investment Research, joins Yahoo Finance to break down the impact all of this has on the housing market and what it will look like in the near […]

How rising yields could impact the Fed’s rate decision

Treasury yields orbit 5% just as Fed regulators seek clarity as to whether or not to hike interest rates in the final months of 2023. RBC Capital Markets Head of Rates Strategy Blake Gwinn details the Fed’s mindset and why it may seem “very reluctant to continue rising rates.” “If longer-term rates are moving up and these mortgage costs and other ways it impacts the economy, if those are starting to get tighter and those financial conditions are tightening on their own, we need to do less,” Gwinn explains to Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Yahoo […]

The inverted yield curve is reversing course, here is why it matters

One of Wall Street’s most-watched recession indicators is the inverted yield curve. An inverted yield curve is when the yield on a shorter duration Treasury, such as the 2-year, are yielding more than those on a longer duration, such as the 10-year. The yield curve has been inverted for several months, but now it’s starting to “uninvert,” In the video above, Yahoo Finance’s Josh Schafer explains why it’s important for investors to take note. 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: At Yahoo Finance, you get […]

Jamie Dimon, David Solomon, Larry Fink, and other bank executives voice concerns on economy

The annual Davos in the Desert conference is being held in Saudi Arabia, with top bank executives and investors expressing pessimism about the global economy’s trajectory. Ongoing Middle East conflicts ranked among their chief concerns. BlackRock’s Larry Fink stated that war breeds societal despair, which leads to “contractions in economies.” Yahoo Finance’s Seana Smith and Brad Smith delve into the dismay surrounding the global economy, discussing issues like oil cuts in Saudi Arabia and Russia, along with worries about geopolitical tensions. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #bank #yahoofinance About […]

Verizon beats Q3 earnings expectations, raises guidance

Shares of Verizon (VZ) are up 7% Tuesday morning on the news that the company beat Wall Street expectations for the third quarter. Verizon also raised its guidance, expecting cash flow to be above $18 billion. Yahoo Finance anchors Brad Smith and Seana Smith break down the wireless network provider’s earnings figures and its performance year-to-date. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Verizon retains a 10% stake in Yahoo. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #stockmarket #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, […]

Big Tech stocks: Why earnings for the magnificent 7 is a big test for markets

Big tech is dominating the stock market with the Magnificent Seven – Amazon (AMZN), Apple (APPL), Microsoft (MSFT), Meta (META), Alphabet (GOOG,GOOL) Tesla (TSLA), and Nvidia (NVDA) – taking up alomost 30% of the entire S&P 500 market cap. Many of the companies will be reporting their third-quarter earnings this week, with investors keeping a close eye for any potential surprises. Yahoo Finance Markets Reporter Jared Blikre joins the Live show to take a look at the charts, putting these numbers into perspective. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #tech […]

Bill Ackman, Bill Gross comment on U.S. economy, bond market

Activist investor Bill Ackman announced his firm has closed its short on bonds as Treasury yields flirt with 5%. Fund manager Bill Gross also issued a statement on social media anticipating a recession in fourth-quarter 2023. Yahoo Finance Live reacts to these headlines as investors try to make sense of future interest rate hikes by the Fed. 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: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that […]

Nvidia developing Arm-based chips to rival Intel: Reuters

Nvidia (NVDA) is working on central processing units using technology from Arm Holdings (ARM) in order to better rival Intel (INTC) in the chip space, according to a Reuters report. Yahoo Finance’s Josh Lipton and Julie Hyman contemplate how this will tighten competition between semiconductor companies. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #Nvidia #Intel #youtube About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a […]

Real Estate: Rising home prices and mortgage rates continue sideline buyers

While U.S. active home listings sit near record lows as prices climb, Morgan Stanley expects home prices to peak amid elevated mortgage rates. Yahoo Finance’s Dani Romero reports on this prediction and weighs in on what housing prices could look like in 2024. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance https://yhoo.it/2fGu5Bb #realestate #youtube #stockmarket About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo […]