Myles Udland

    Head of News

    Myles is Yahoo Finance's Head of News.

  • BlackRock analyst's fixed-income plays for 3 market scenarios

    Federal Reserve rate cut expectations are diminishing, with the markets scaling back from their original forecasts of six rate reductions in 2024. BlackRock's Global Co-Head of Bond ETFs Steve Laipply shares his insights on the fixed income landscape amid the growing uncertainty surrounding the Fed's policy path. Laipply acknowledges the "dramatic shift" in rate cut expectations, but believes there could be a single rate cut as soon as November. However, he notes that after that point, "it's unclear" whether any additional cuts beyond that in 2024. Addressing the fixed-income sector, Laipply advises investors "to start moving out of cash and back into fixed income." He acknowledges that the recent Fed tightening cycle had driven investors away from the asset class, but he emphasizes that it will be "impossible for investors to time rate cuts," suggesting that it is now an opportune time to gradually reallocate to fixed income. Laipply outlines three potential scenarios for investors to consider: For those who believe in a soft landing scenario, he recommends "moving back out into broad fixed income." For those who expect inflation to remain stubbornly high, he suggests focusing on treasury exposure and things like short-dated TIPS. For those who anticipate a hard landing, he advises longer duration fixed income assets. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

  • Why the 2024 stock market still looks like 2023: Morning Brief

    The stock market's rally in 2024 is still defined by megacap tech winners. Just like it was a year ago.

  • The AI trade has a Jamie Dimon problem: Morning Brief

    At JPMorgan, the benefits of AI are obvious and have been that way for years. For investors betting on AI changing the future, its current success might be a challenge.

  • MicroStrategy times the market 'really well': Analyst

    Benchmark Managing Director and Senior Research Analyst for Fintech and Digital Assets significantly raised his price target on MicroStrategy (MSTR), from $990 to $1,875, while reiterating the Buy rating on the stock. This move was prompted by the ongoing rally in Bitcoin (BTC-USD), as the much-anticipated halving event approaches. Palmer joins Market Domination to discuss his bullish outlook. Palmer acknowledges the common question: "Why is MicroStrategy trading at such a big premium when investors can purchase Bitcoin themselves?" However, he notes that this view is "looking at things from a static standpoint." Instead, Palmer's strategy focuses on assessing how much Bitcoin MicroStrategy will hold in the coming years, what the price of Bitcoin will be at that time, and "how the company is going to be able to get to that higher level of Bitcoin holdings?" Regarding Bitcoin's price outlook, Palmer predicts it will reach $150,000 by the end of 2025, driven by a "supply shock" during the Bitcoin halving, where the cryptocurrency's supply will be diminished. Additionally, he cites a "demand shock" resulting from the approval of spot Bitcoin ETFs, which have seen over $34 billion in inflows. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Angel Smith

  • Housing's outsized role in the Fed's inflation problem: Morning Brief

    Housing prices have been driving a gap between two key inflation readings.

  • Wall Street's most bullish strategist cites a 'big surprise' pushing stocks higher: Morning Brief

    As stocks rally to record highs, Wall Street strategists continue to raise their forecasts to keep pace.

  • Boeing CEO Dave Calhoun to step down amid 737 Max troubles

    Boeing announced Monday that its CEO, Dave Calhoun, would step down at the end of the year.

  • Inflation data, short trading week: What to watch this week

    A four-day trading week will greet investors for the end of March and the finale of what's been an eventful first quarter of the year.

  • The Fed's inflation story 'hasn't really changed': Morning Brief

    Fed Chair Jerome Powell said Wednesday the Fed's path to bringing inflation down, while bumpy, is not in doubt.

  • The Fed won't fix the housing market: Morning Brief

    Housing costs remain elevated in the US and the path to fixing them does not run through the Fed. At least in the view of Jerome Powell.

  • Election risk arrives for the 'Magnificent 7' trade: Morning Brief

    Election years affect the market, but the big-picture market trends don't always line up with those for individual stocks — as Meta illustrated this week.

  • The only FOMO trade worth chasing: Morning Brief

    The number of 401(k) millionaires surged last year as markets rallied. A reminder that time in the market is more important than timing the market.

  • Torsten Sløk: The Fed 'will not cut rates this year'

    Investors have spent much of this year paring back expectations for rate cuts from the Federal Reserve. One Wall Street economists think those expectations should go to zero.

  • A strong economy isn't a risk to the Fed's rate cut plans: Morning Brief

    The Fed is planning to cut interest rates this year as inflation and the economy slow. A strong start to the year shouldn't derail this plan.

  • Warren Buffett: Charlie Munger was the 'architect' of the modern Berkshire Hathaway

    Warren Buffett's first letter to Berkshire Hathaway shareholders since Charlie Munger's passing began with an ode to the legendary investor.

  • Nvidia is now reporting a full year of results in a single quarter: Morning Brief

    Nvidia's eye-watering fourth quarter numbers show just how far the business has come in just over a year.

  • Nvidia earnings will put an entire stock market meme to the test. Again.

    Nvidia's earnings report next week could test the broader stock market rally. Then again, investors have taken this view for much of the past year and the market has powered through.

  • Consumer sentiment rises again in February to cap complicated week for US economy

    Consumer sentiment rose again in February, complicating the economic outlook during a week that saw retail sales plummet and inflation rise more than expected.

  • Snap layoffs follow Big Tech and everyone else: Morning Brief

    Snap was the latest high-profile company to announce job cuts in 2024, as the world of big business gives management teams cover to make these moves.

  • Inflation and economy explained: Yahoo Finance Chartbook

    Yahoo Finance's lates Chartbook contains thirty-three charts from experts across the industry to start 2024. Yahoo Finance caught up with several of the experts to break down the story of the markets and the economy right now. Yahoo Finance Reporter Josh Schafer discusses Capital Economics Deputy Chief Economist Andrew Hunter's inflation chart, comparing core PCE year over year to annualized six-month percentage change. eToro US Investment Analyst Callie Cox brings in her chart of large vs. small cap ETFs in the stock market, where small caps are struggling to keep up, saying "As economic data improves...I expect small caps to catch up." Charles Schwab Chief Investment Strategist Liz Ann Sonders' chart focuses on the correlation between the S&P 500 and 10-year treasury yields, urging investors to look for opportunities in a variety of investments. Sahm Consulting Founder Claudia Sahm breaks down the "Sahm Rule", a recession indicator. Sahm said, "I'm very happy to report...we are not in a recession." Josh Schafer explains why the economy is tightening, using Deutsche Bank Securities Chief US Economist and Head of US Economic Research Matthew Luzzetti's chart on the real federal-funds rate. Video highlights: 00:00:04 - Yahoo Finance's Myles Udland, Seana Smith, and Josh Schafer introduce the new Chartbook 00:00:37 - Josh Schafer breaks down inflation falling below the Fed's target rate 00:01:01 - eToro US Investment Analyst Callie Cox 00:01:24 - Charles Schwab Chief Investment Strategist Liz Ann Sonders 00:01:58 - Sahm Consulting Founder Claudia Sahm 00:02:35 - Josh Schafer talks potential rate cuts