Archive List for Market

Pershing Square Capital CEO, Bill Ackman, posted on X.com (formerly Twitter) commenting on The Federal Reserve’s decision to keep rates steady. Ackman stated that he feels that while the Fed is committed to the 2% inflation goal, it remains unlikely that they will reach that goal in the near future. Fed Chair Powell has warned rates will likely stay higher for longer. Yahoo Finance’s Seana Smith and Brad Smith discuss Ackman’s comments and how the current economic landscape, including ongoing worker’s strikes, will keep most likely inflation up. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to […]

The Fed motioned to pause interest rates in September with the possibility of one last hike to come in 2023. But after tightening for so long, could markets finally be giving regulators the go-ahead to do what needs to be done? The Wall Street Journal Chief Economics Correspondent Nick Timiraos joins Yahoo Finance Live anchors Josh Lipton and Akiko Fujita to discuss the inner-narrative of the bond market and key indicators seen in the Fed’s “dot plot.” “What you’re seeing now could actually lead to the tightening and financial conditions that we didn’t get earlier when the Fed was raising rates faster, but the market was saying, ‘Well, you’ll cut […]

Americans are still battling with the higher pries caused by inflation. The Federal Reserve’s job is to help curb that inflation, but these levels haven’t been seen in quite some time. Truist Chief Market Strategist Keith Lerner joins Yahoo Finance anchor Rachelle Akuffo to discuss how the central bank still has work to do to accomplish its mission Lerner explains that the Fed has been forced to shift their strategy, saying “this is the first time they’ve [the Federal Reserve] had to deal with inflation for over 20 years, they’re going to be much more gradual in shift in their position, we saw that reflected in the statement from yesterday.” […]

Oil prices (CL=F) are trading near a 10-month high after stronger-than-expected data out of China. The recent rise in oil prices has some concerned that it may cause inflation to increase, and, as a result, force the Federal Reserve to raise rates. Commerce Street Capital CEO and President Dory Wiley says investors “almost have to be bullish” on oil prices for the next few years due to long-term supply issues. “What’s kept oil prices down has been the expectation of a recession that hasn’t shown up,” Wiley says. Wiley explains that he thinks “the market’s kind of had it wrong and that its overestimated a demand problem that really hasn’t […]

Lululemon (LULU) CEO Calvin McDonald unveiled the designer athleisure brand’s new line of men’s shoes at the Goldman Sachs Retail Conference. Yahoo Finance’s Josh Schafer, Alexandra Canal, and Pras Subramanian talk about Lululemon’s status among retail consumers and if the brand’s impact is strong enough to fully pivot into the shoe space. #youtube #yahoofinance #stockmarket 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 help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. […]