Gold (GC=F) prices retreated late Monday morning after hitting a record high of $2,100. Investors are betting that the Federal Reserve will start cutting rates next year. Bloomberg Intelligence Senior Macro Strategist Mike McGlone says prices are trying to hold on to the $2,000 support, which used to be a price of resistance. McGlone believes that gold purchasing will remain high, noting “the deepest pockets on the planet are buying gold. That’s central banks.” Overall, McGlone believes gold “is in the early days of a bull market.” Watch the video to hear why McGlone says “this is not our fathers’ gold market.” #youtube #Gold #stockmarket Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb […]
Stocks (^DJI, ^GSPC, ^IXIC) are falling Monday morning as investors grow concerned that the Federal Reserve may not cut interest rates as soon as expected. Falling inflation and a slowing economy had led some on Wall Street to anticipate rate cuts potentially beginning in March 2024. However, recent comments from Fed officials have dampened hopes for an imminent policy pivot. Yahoo Finance’s Jennifer Schonberger analyzes the latest outlook from the Fed regarding monetary tightening, examining whether the central bank is likely to reverse course and begin lowering rates within the next year, or if further tightening is still on the agenda. For more expert insight and the latest market action, […]
Yahoo Finance’s David Hollerith breaks down what is driving the price of bitcoin past $41,000. #youtube #bitcoin #stockmarket 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: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Matthew Luzzetti, Deutsche Bank Securities Chief U.S. Economist breaks down his thesis for Fed rate cuts in 2024 and a soft landing. 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: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Yahoo Finance’s Allie Garfinkle goes inside the top secret Amazon robot facility in Boston Massachusetts. The technology at this factory aims to drive efficiencies, improve safety, and solve some of the biggest challenges facing ecommerce. With over 10 years in the making, this robotic workforce army of 750,000 robots hopes to drive profits and market share for Amazon. 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: […]
Tesla officially began deliveries of its Cybertruck with a price tag starting at $61,000. Tesla CEO Elon Musk originally announced the polarizing vehicle in 2019. Yahoo Finance Live presents an outlook of everything you need to know about Tesla’s latest offering. 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: http://bit.ly/2A9u5Zq Follow Yahoo […]
Real estate sale scams are on the rise as the housing market faces an inventory shortage. In 2022, the FBI received 11,727 real estate/rental scam-related complaints with losses of over $396 million, deepening an already problematic housing sector situation. Yahoo Finance Housing Reporter Dani Romero joins the Live show to discuss how scammers are becoming more clever and using minimal paperwork and online tricks to ramp up attempts at defrauding real estate agents, homeowners, and potential buyers. #youtube #realestate #stockmarket 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 […]
Federal Reserve Chair Jerome Powell talked about regulators’ interest rate outlook in a speech at Spelman College on Friday, calling rate cuts a “premature” notion currently. Chicago Booth Professor and Former Fed Governor Randall Kroszner highlights certain misconceptions on rate cuts being taken from Powell’s comments as the Fed continues fighting toward its inflation target. “It’s going to take a while to get anywhere close to 2%, and I don’t think they’re cutting any time in advance of getting very close to that 2% goal,” Kroszner explains. #youtube #stockmarket #news 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, […]
Disney (DIS) announced it will reinstate a $0.30 per share cash dividend starting January 2024, its first payout since halting dividends in early 2020 amidst the COVID-19 pandemic. TD Cowen Managing Director Doug Creutz asserts the move simply reflects Disney’s healthy post-pandemic cash flows, stating “there is no good reason” not to return capital given its balance sheet. Creutz believes resuming dividends results from improving fundamentals rather than activist investor Nelson Peltz’s brewing proxy fight. Nonetheless, Creutz notes Disney did recently amend proxy rules partly addressing Peltz’s campaign for a board seat. “He can make noise,” Creutz tells Yahoo Finance in regards to the Peltz, adding: “At the end of […]
November was a monumental month for the stock market (^DJI, ^GSPC, ^IXIC), rallying to snap a three-month losing streak. Month-over-month gains could be signaling investors’ return to FOMO trade staples. Yahoo Finance Markets Reporter Josh Schafer takes a closer look at Cathie Wood’s ARK Innovation ETF (ARKK) and meme stock trends as strategists attempt to make heads-or-tails of market uncertainty heading into 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 About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more […]
