2 firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less than initially thought in 2025.
Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less than initially thought in 2025.
Morningstar technology analyst William Kerwin joins Morning Brief to discuss the potential impact of the Trump administration on Big Tech companies. While Kerwin notes that "a lot remains to be seen," he is focused on how Trump's trade policies could affect companies like Apple (AAPL) that have a presence in China. Kerwin believes these companies may seek to diversify their trade relationships to regions like India or Southeast Asia, stating "it will be a trend across the sector." However, he cautions that high China exposure does not necessarily equate to high investment risk, saying, "You really have to unpack what's in that exposure." Regarding regulatory impacts, Kerwin thinks "there could still be some antitrust [action] against the largest of tech companies." But he also expects "M&A deals at the rung just below those largest of largest tech companies can start to pick up again over the next four years." To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith
IBIT has rocketed 35% since the day before the election.
October's Consumer Price Index (CPI) report showed that shelter prices rose 0.4% month-over-month and 4.9% year-over-year. Despite this, weekly mortgage applications rose for the first time in seven weeks. To unpack the factors contributing to shelter inflation, Wealth welcomes Yahoo Finance reporters Dani Romero and Claire Boston. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith
The October CPI (Consumer Price Index) print saw headline and core inflation rising in line with economist expectations. While materials costs and housing prices tick higher, what does this mean for homebuilders? The National Kitchen & Bath Association (NKBA) CEO Bill Darcy joins Seana Smith and Madison Mills on Catalysts to talk about the homebuilder sector's reaction to the current inflationary environment. "Our members are telling us 8% growth [in consumer spending] in 2025, compared to 1% only in 2024. So a lot of optimism... The home is really still the place where people focus their monies despite the inflation and uncertainties. It's really where they want to spend their money," Darcy explains. "And while new home construction has a big factor and... I think when rates get around 5%, you see more activity around new home construction and things like that." Home improvement retailer Home Depot (HD) beat its third quarter earnings estimates, seeing sales rise 6.6% annually to $40.2 billion. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.
President-elect Donald Trump believes that his mass deportation plans will positively impact the housing market and lower home prices. But how true is this statement? To unpack this claim, Yahoo Finance housing reporters Dani Romero and Claire Boston join Wealth to discuss how migrant workers and immigration can actually benefit the construction industry and broader housing market dynamics. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith
Semiconductor ETFs have been on a remarkable rally in the past month post earnings.
The Alerian Energy Infrastructure ETF (NYSE Arca: ENFR) declared its fourth quarter 2024 distribution of $0.34603 on Tuesday, November 12, 2024. The dividend is payable on November 18, 2024 to shareholders of record on November 13, 2024.
The promotion of domestic energy production could lower energy prices and pinch producers.
With the affordable housing crisis showing no signs of relief, Yahoo Finance's Julie Hyman sits down with the Vistria Group’s Senior Partner Margaret C. Anadu to talk about why affordable housing has eluded many Americans and how the issue can be fixed. "The secret sauce, if you will, in the real estate work that we do is partnering with government," says Anadu, speaking from the annual Yahoo Finance Invest conference. "So both at the federal level, state, and city level, we work with the public sector to identify the part of the spectrum where affordable housing is needed... We work with public sector to structure deals where we can put in term, long-term affordability agreements and structure that in a way where the investments are also profitable." Anadu also talks about how the affordable housing initiatives could be impacted by another Trump presidency. She also also details how the Vistria Group pursues purpose-driven investing and how that approach could evolve with President-elect Donald Trump's second term in office. "Woke or anti-woke, I don't know," Anadu responds. "I don't know that anyone, regardless of their political persuasion, would think that people being able to pay their rent is woke." For investors, Anadu also notes that the affordable housing space can be a good combination of investing sustainably in addition to seeing a return on your investment: "Whether someone is motivated by a personal passion around societal issues or really cares about the affordable housing crisis, it's just a space to invest where you can make strong returns." To see every interview from Yahoo Finance Invest, click here. This post was written by Daniel A. Nelson