• February 21, 2024

US housing underwent 'coastal Sun Belt revolution': Meredith Whitney

Mortgage rates are once again rising, causing grief for many would-be homeowners. Meredith Whitney — dubbed the "Oracle of Wall Street" for predicting 2008's Great Financial Crisis — previously sat down with Yahoo Finance to explain what she called the "Silver Tsunami": how baby boomers aging closer to retirement age will seek to downsize their current living situation, ultimately freeing up a large volume of housing inventory. Meredith Whitney Advisory Group CEO Meredith Whitney joins Yahoo Finance again to give further insight into how the housing market is in a transitional phase and which regions will see the brunt of that transition. Whitney gives historical context and outlines the economics behind why people are moving, and to where:"Over the last 60 years, it's been a coastal Sun Belt revolution and I think what I believe, or I saw, over ten years ago was that people are going to start moving based on state dynamics in terms of better cost of living. No income tax dates. And you've seen that. So Texas, Tennessee, the Carolinas, Nevada, Utah — those have all been the strong states and the weaker states have seen out-migration. That's California, New York, Pennsylvania, New Jersey, Illinois. And so what you see, out-migration jobs have already gone so companies have relocated. Texas is the state with the most Fortune 500 companies. That wasn't the case ten years ago." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino

  • February 20, 2024

Rising Oil Prices Are Waving a Big Inflation Red Flag

Oil is making a comeback. And if that continues, we could all be in a lot of trouble… unless we own energy stocks. Why? Because the real concern now is that inflation isn’t dead yet. I’ve written about the link between oil prices and inflation expectations before. Broadly speaking, because oil goes into literally every aspect of the economy, it is the closest barometer we have for real-time insights on cost-push inflation rising or falling. I argued late last year that oil is what broke inflatio

  • February 20, 2024

Stocks have been volatile: Here's what has been working

Stocks, so far, are higher for the month of February. But it has been a wild ride, with earnings reports and inflation data causing a lot of volatility. Yahoo Finance's Jared Blikre take a closer look at some of the areas if the market that have been performing well despite the whipsaw market action. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.

  • February 18, 2024

Are Money Market Funds Safe?

Money market funds, known for their low risk, low transaction costs, and returns that are typically better than regular savings accounts, along with the flexibility of buying and selling at any time without the long-term commitment required for fixed deposits, are a popular tool for parking idle funds.However, are money market funds guaranteed to preserve capital? Under what circumstances might they incur losses? In theory, money market funds are capital-preserving, but there are always exceptions in the financial market.

  • February 15, 2024

Cboe AUSTRALIA QUOTES iSHARES BY BLACKROCK ETFS, THE FIRST ASSET MANAGER TO LIST PRODUCT ON Cboe's GLOBAL NETWORK OF EXCHANGES

Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Australia will commence trading in five new uniquely quoted Exchange Traded Funds (ETFs) from iShares by BlackRock. With these new quoted ETFs, BlackRock becomes the first global asset manager to uniquely quote its iShares ETFs on each of Cboe's global exchanges in the U.S., Canada, Australia, the UK and the European Union. Three of the funds will commence trading on

  • February 15, 2024

Cboe NOW LISTS iSHARES BY BLACKROCK ETFs ACROSS ITS ENTIRE GLOBAL EXCHANGE NETWORK

Cboe Global Markets, Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Australia has listed for trading new Exchange Traded Funds (ETFs) from iShares by BlackRock. With these new iShares ETF listings, BlackRock becomes the first global asset manager to list its iShares ETFs on each of Cboe's listings exchanges in the U.S., Canada, Australia, the UK and the European Union. Three of the funds commence trading on Cboe Australia on February

  • February 15, 2024

Bitcoin fund inflows starting to exceed gold inflows

Bitcoin (BTC-USD) spiked to $52,000 for a moment this week as bitcoin funds inflows have continued to come in, outpacing traditional gold funds. Yahoo Finance's Jared Blikre joins the Live show to put the numbers behind bitcoin and the gold market in context for investors. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino