Ahead of the September jobs report on Friday, October 6, Envestnet Co-CIO Dana D'Auria joins Yahoo Finance Live to discuss what recent employment data may mean for the future of Federal Reserve rate hikes. “It does seem that we’re getting some mixed signals on employment,” amid the ADP and JOLTS report, D'Auria says. “The high level takeaway is… we are starting to see some cracks in the labor market.” But, “overall, the labor market still hasn’t shown the kind of cracks that I think would prevent the Fed from looking at another rate hike,” D'Auria adds. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Ahead of the September jobs report on Friday, October 6, Envestnet Co-CIO Dana D'Auria joins Yahoo Finance Live to discuss what recent employment data may mean for the future of Federal Reserve rate hikes.
In a deeply personal revelation, Victoria Beckham spoke out about the emotional turmoil following allegations surrounding her husband’s alleged affair. See what she said.Early into the 2023-24 minor hockey season, many players and their parents are getting adjusted to a new policy from Hockey Canada. This season, all minor hockey players are being encouraged to wear the base layer they wear under their equipment to the arena.
NEW YORK — A New York judge sternly imposed a limited gag order in Donald Trump's civil business fraud trial Tuesday after the former president disparaged a key court staffer. Interrupting a long day of testimony, Judge Arthur Engoron issued the order, which applies to all parties in the case and pertains to verbal attacks on court staff. It came after Trump maligned Engoron’s principal law clerk, Allison Greenfield, in a social media post.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Good economic news translating 'into bad market results': StrategistThe U.S. labor market has been constantly at odds with the Fed's monetary policy and goals to contain inflation. 'Even by the Fed's own estimates, according to their summary of economic projections, they believe the unemployment rate's going to increase to 4.1% by the end of this year,' Hennion & Walsh CIO Kevin Mahn tells Yahoo Finance Live, breaking down the economic trade-offs resulting from the Fed's 'higher for longer' interest rate projections. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Read more »
Fed in a position to deliver a 'soft enough landing': StrategistFederal Reserve Chairman Jerome Powell has said that a soft landing for the U.S. economy is a 'primary objective' for the central bank. Some still have their doubts, but not F/m Investments CIO and President Alex Morris. Morris tells Yahoo Finance Live the Fed is facing a different set of problems than it did in the 2007-2008 financial crisis and that, as a result, officials are in a 'better position' to deliver a 'soft enough landing.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Read more »
Treasury yields rise to 16-year highThe 10-year and 30-year Treasury yields have risen to their highest levels since 2007. Yahoo Finance Live's Julie Hyman and Josh Lipton take a deep dive into what these bond market moves could mean amid the Fed's 'higher for longer' interest rate outlook and this morning's JOLTs report data. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Read more »
Higher interest rates are here for the 'foreseeable future': EconomistInvestors are finally adjusting to the idea that interest rates are going to be higher for the 'foreseeable future,' EY Chief Economist Greg Daco tells Yahoo Finance Live. Daco thinks the Federal Reserve is done raising rates, adding that 'we're not going to see the type of rapid rate cuts that the Fed has proceeded with in times of economic slowdowns,' in the past. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Read more »
The Fed joins Instagram, ThreadsThe Federal Reserve is now on Instagram and Threads (META). On Instagram, Federal Reserve Chairman Jerome Powell says that information 'and other resources' will be posted on their social media page. The Yahoo Finance Live team discusses the Fed's decision to join the social media platforms. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Read more »
Investors 'should not care' about govt. shutdown in Q4: ExpertA government shutdown was averted late Saturday evening as Congress approved a short-term 45-day federal funding bill. The bill is designed to keep the government open until November 17, providing lawmakers a window to fully develop a proper federal spending budget. Isaac Boltansky, Director of Policy Research at BTG, shares with Yahoo Finance that while a government shutdown was averted, it is still expected in the fourth quarter. He characterizes this bill as the federal government 'punting' tough decisions to a later date, with no real resolution on spending policies, such as providing aid to Ukraine. Boltansky ultimately believes investors should not be concerned. 'The one thing that scared me the most is that we wouldn't collect and report official government data, through the shutdown,' Boltansky tells Yahoo Finance, adding: 'At least we've got 6 more weeks of that.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Read more »