Archive List for Bonds

Fed Chair Powell ‘took the lid off market concerns’

Following the Federal Reserve’s decision to hold rates steady, investors have turned optimistic about potential rate cuts in 2024. CFRA’s Chief Investment Strategist Sam Stovall joined Yahoo Finance Live anchors Brad Smith and Seana Smith to discuss the renewed market optimism and massive rally following the Fed decision. Stovall notes Wall Street “had been guessing” about rate hikes versus cuts in 2024, but Fed Chair Jerome Powell’s press conference signaling that the Fed is done with hikes and is considering cuts “took the lid off the markets concerns.” Stovall suggests sectors like financials and real estate are good investment opportunities now, as they were “pressured the most” due to high […]

Warren Buffett’s Berkshire Hathaway raises stake in Occidental Petroleum

Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) purchased an additional $590 million worth of Occidental Petroleum (OXY) shares. It comes after Occidental announced it is acquiring CrownRock in a $10.8 billion deal. With the new purchases, Berkshire now has a 27% stake in Occidental. Yahoo Finance’s Seana Smith and Brad Smith explain the deal. 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: […]

Economist: The Fed won’t rush rate cuts ‘unless there’s a recession’

The Federal Reserve’s interest rate pause for December is pushing investors to turn their attention to 2024. In particular, speculation is now focused on whether a soft landing scenario can be sustained in the new year. EY Chief Economist Greg Daco joins Yahoo Finance anchors Brad Smith and Seana Smith to discuss major factors that could influence future Fed decisions on interest rates, like consumer spending and labor market data, and how regulators are looking to navigate next year’s economic environment. “The Fed’s candid pivot towards the fact that it will be adjusting monetary policy was very important. Now that’s behind us, this acknowledgment that inflation has been falling faster […]

Fed rate outlook: The Fed doesn’t have to be at 2% inflation to start easing: Guggenheim CIO

Federal Reserve Chair Jerome Powell spoke at a conference after the Central Bank announced their decision to keep interest rates at a 22 year high for the third meeting in a row. Powell claimed that growth had slowed “substantially” and that the Fed would determine “the extent of any additional policy firming that may be appropriate to return inflation to 2 percent over time” suggesting rates have hit their peak. Steve Brown, Guggenheim CIO of Total Return Strategies, joins Yahoo Finance Josh Lipton and Julie Hyman to discuss the comments and take a deep dive into the potential policies that the Fed may adopt going forward. Brown comments on the […]

What 2024 rate cuts could mean for the commercial bank business

Since the Federal Reserve decided to pause interest rates earlier today, regulators have seemingly left the door open for potential rate cuts in 2024. Citizens Vice Chair and Head of Commercial Banking Don McCree joins Yahoo Finance Live to discuss what this means for the bank and credit lending conditions. “There’s not been a large demand out of our client base or Corporate America in general, they have been worried about the economy and worried about the level of rates,” McCree says. “So they’ve toned down their investment and their businesses.” #yahoofinance #realestate #youtube About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive […]

TikTok generates $10B in consumer spending: Report

According to a report from data.ai, TikTok is now the first non-gaming mobile app to generate $10 billion in consumer spending. The report also predicts that the app will reach another milestone of $15 billion in consumer spending next year. TikTok has joined an elite group, becoming one of only five apps to do so. Yahoo Finance Tech Reporter Dan Howley joins the Live show to put these numbers into context and discuss what this means for the video app going forward. 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 […]

AI, tech stocks, and the Magnificent Seven: What investors should be looking for

Dominating the tech-heavy S&P 500 (^GSPC) this year were the Magnificent Seven tech stocks — Amazon (AMZN), Apple (AAPL), Alphabet (GOOG, GOOGL), Nvidia (NVDA), Meta (META), Microsoft (MSFT), and Tesla (TSLA) — which are up around 70% year-to-date. Many of these companies have, in some form or another, implemented the buzziest tech of Wall Street: Artificial intelligence. With such a strong performance, it begs the question of whether these companies and AI have hit their peaks or will they continue to grow in 2024? TECHnalysis Research, LLC President and Chief Analyst Bob O’Donnell joins Yahoo Finance to discuss AI and its use within these companies as we head into 2024. […]

Amazon is JPMorgan’s top internet stock pick

JPMorgan released its picks for the internet sector in 2024. These picks include Amazon (AMZN), Uber (UBER) and Alphabet (GOOG,GOOGL). J.P. Morgan cites reasonable valuation, proven profitability, and potential for growth as its reasons for picking those stocks.. Yahoo Finance Anchors Brad Smith and Seana Smith break down the stocks and what it could mean for them going forward. #Amazon #Google #youtube 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) […]

Fed Chair Jerome Powell’s comments on Dec FOMC meeting: Key takeaways

The Federal Reserve has decided to pause interest rates and hold them where they are for the month of December. In a press conference coming out of the December FOMC meeting, Fed Chair Jerome Powell state officials want to see more progress made on inflation in their monetary policy. Yahoo Finance Fed Reporter Jennifer Schonberger breaks down the top takeaways from Powell’s statement and the Fed’s 2024 economic expectations outlined in his comments. #stockmarket #youtube #jeromepowell 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 […]

Fed rate cuts and the economy: Economic impacts of pandemic ‘longer lasting’ than thought

The Federal Reserve has announced its decision to leave interest rates unchanged for the remainder of 2023, leaving investors unsure about what may lie ahead for the US economy and markets in 2024. Vanguard Senior Economist Andrew Patterson and Andrew Levin Dartmouth College Professor of Economics join Yahoo Finance Live to weigh in on the profound impacts the COVID-19 pandemic has left on the US economy. “We’re not done here, these core measures of service inflation are high and workers want to catch up with the cost of living, and those things are not over yet,” Levin, a former Federal Reserve Board Special Adviser, notes. “Whether you’re talking about inflation… […]