I was talking to a high-profile Wall Street strategist the other day who told me she and her husband were house-hunting in the Hamptons. They saw a place they liked, but the asking price was too high. “It was as if the downturn in the stock market hadn’t happened,” the strategist related. “I told the broker: ‘I’m paying what this house was worth back in February 2020, because that’s what it’s worth now.’” A provocative take, and one worth considering. The strategist is… Source link
Read More »Inflation will probably fall, but it won’t be the Fed’s doing: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, June 28, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter. The Federal Reserve is working hard to bring down inflation, raising interest rates at the fastest pace in nearly 30 years. Recently, some analysts have begun to explore the idea that inflation may moderate in the coming months. But… Source link
Read More »Why ‘buying the dip’ in stocks may not pay off from here: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, June 14, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter. Investors ready for a buying opportunity to emerge in these volatile markets may need to keep waiting. And waiting. “U.S. stocks have suffered their biggest year-to-date losses since at least the 1960s. That’s ignited calls to… Source link
Read More »Consumers have to face that nasty inflation is here to stay for a while: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, June 6, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. “It’s a very challenging time right now with inflation,” U.S. Labor Secretary Marty Walsh told Yahoo Finance Live on Friday (video above). Indeed, and the reality is nasty inflation is here… Source link
Read More »Here comes the ‘good news is bad news’ jobs report: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, June 3, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. The May jobs report will drop in a few hours — or will have dropped a few hours ago, depending on when you check your inbox — and investors will be watching closely. But this report is also… Source link
Read More »Why the Fed matters to regular Americans, in one stunning chart: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, May 20, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. For the general public, the Federal Reserve can be an intimidating and arcane subject. Why, you might ask, does it really matter what a few economists in Washington, D.C. think the right level of… Source link
Read More »These stocks have been outperforming amid the latest market rout: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, May 17, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter Stocks have had a rough start to 2022. The S&P 500 has tumbled about 16% so far this year to come within striking distance of a bear market. The Nasdaq Composite has plunged an even more pronounced 25%. And even the Dow Jones… Source link
Read More »Why the Fed wants corporate America to have a hiring freeze: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Today’s newsletter is by Ethan Wolff-Mann, a senior writer. Follow him on Twitter @ewolffmann. The chorus of those wanting a weaker labor market is getting louder and louder. After the recent job numbers were released last week, Bank of America analysts said in a note they are essentially “rooting against the home team” and hope the numbers stop… Source link
Read More »The key stock to watch for the market bottom: Morning Brief
Subscribe Wednesday, May 11, 2022 Today’s newsletter is by Emily McCormick, a reporter for Yahoo Finance. Follow her on Twitter As volatility grips markets, investors are naturally wondering when the selling will abate and the bottom will be put in. According to a number of pundits, the answer is probably not quite yet. Stocks have fallen sharply for the year-to-date and in the past several weeks especially. The S&P 500 has tumbled 16% so far in 2022, and by a slightly more pronounced 16.6% from… Source link
Read More »There is an asset class that is doing well: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, May 10, 2022 Today’s newsletter is by Brian Cheung, an anchor and reporter covering the Fed, economics, and banking for Yahoo Finance. You can follow him on Twitter @bcheungz. It has been a brutal 2022 for investors. Since we rang in the new year, the S&P 500 has fallen over 16% and the Nasdaq has lost about 25%. Across the board, other… Source link
Read More »