Hello and welcome to Market Domination. I'm John Lipton live from our NYC headquarters. Washington still reeling from the firing of America's top economic data collector.We're looking at what's ahead in this important role and how the conversation is impacting markets. Right now, there's just an hour and a go until the closing bell and stocks they are moving higher here. here.Just looking at the popular averages. Your Dow is up about 500 points. The S&P 500 up about 1.3%.Your tech heavy NASDAQ tacking on ab ...

Podcast Overview - Warrior Money podcast focuses on the emotional and financial challenges faced by military families, including high divorce rates, spousal employment difficulties, and childcare issues [1] - The podcast provides actionable advice for military families to maintain strong relationships, finances, and personal well-being throughout their service [1] - Hosted by former Congressman Patrick Murphy and veteran investor Dan Kunze, Warrior Money aims to support military veterans transitioning to civilian life [1] - The podcast offers financial education and inspiration through insights from fellow veterans and high-ranking officials [1] Yahoo Finance Promotion - Warrior Money is available on major podcast platforms such as Apple Podcasts, Spotify, and Amazon Music [1] - Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, and advanced tools [1] - Yahoo Finance encourages users to download their app on Apple and Android devices [1] - Yahoo Finance promotes its social media presence on platforms like X, Instagram, TikTok, Facebook, and LinkedIn [1]

Market Performance & Investment Strategy - The Yahoo Finance Chart Book's third volume compiles insights from Wall Street economists and strategists on economic and market trends [1] - Charles Schwab's strategist highlights the benefit of staying invested and the power of compound interest over a 60-year period (1961-2023) [2] - Investing $10,000 between 1961 and 2023 would have yielded $102,000 under Republican presidents only, $500,000 under Democratic presidents only, and $5.1 million if continuously invested [2][3] - Long-term market trends have generally been positive, regardless of the president in office [3] Presidential Elections & Market Returns - Truist analyzed annualized S&P 500 returns under the Obama, Trump, and Biden administrations, finding returns in the 13-16% range [4][5] - Strategists generally advise against letting political views influence investment decisions [5]

Investment Strategy - The industry suggests diversifying portfolios to mitigate the impact of specific stocks, particularly Microsoft and Meta [1][3] - The industry observes small-cap stocks in the US are at their cheapest valuation relative to large-cap stocks since June 2000 [1] - The industry notes small caps have outperformed large caps in the 25 years since 2000 [1] Market Valuation - The industry acknowledges valuation isn't a perfect timing tool but tends to work long term [2] - The S&P 600 is expected to grow more than the S&P 500 in the next 12 months [2] - The S&P 600 trades at 146% times earnings versus 25 or 23 times earnings for the S&P 500 [2]

Beef Market Trends - Beef prices have increased over 8% this year, reaching $926 per pound [1] - The industry is facing a cattle shortage due to a drought two to three years ago, impacting profitability [1] - It will take two to three years to resolve the cattle shortage problem [1] Import/Export Dynamics - The industry has shifted from being net neutral in beef exporting/importing [2] - Currently, 8% of the beef supply is imported, which is considered a new and abnormal situation [2] Consumer Impact - The industry is uncertain about the impact of these changes on consumers [2]

I will say we had uh we had a nice visit with the with the president. When it comes to the the renovations of the Federal Reserve's headquarters that the administration has been looking into, do you see their interest in that issue as being directly tied to the president's push to get you to lower interest rates. Not for me to say.It was an honor to host him. It's not something that happens very often at the uh at the Federal Reserve to have the president come over, let alone to visit a building. It was a g ...

For the June quarter, we incurred approximately $800 million of tariff related costs. For the September quarter, assuming the current global tariff rates, policies, and applications do not change for the balance of the quarter and no new tariffs are added, we estimate the impact to add about 1.1% billion to our costs. This estimate should not be used to make projections for future quarters as there are many factors that could change including tariff rates. ...

ETF vs Mutual Funds - ETFs trade all day, offering liquidity, while mutual funds trade only once daily after the close [2][3] - ETFs often have lower management fees due to passive index tracking, but actively managed ETFs can have higher fees [5] - Mutual funds may have minimum buy-ins around $1,000, while ETFs require only the price of one share [6] - Mutual funds can offer automatic savings plans, while ETFs provide flexibility with options trading and short selling [6][8] ETF Market Growth and Evolution - The number of mutual funds has plateaued since the beginning of the century, currently at over 6,500, down from a pre-pandemic peak [9] - ETF growth has accelerated, nearing 4,000, with assets under management at approximately $11 trillion, half of mutual funds' $22 trillion [10] - SPY (S&P 500 ETF) was launched in 1993, enabling trading of the entire S&P 500 like a stock [14][15] - QQQ (NASDAQ 100 ETF) launched in 1999, allowing trading of the NASDAQ 100 [18] - The ETF rule streamlined the launch process, leading to an explosion in ETF volume and new launches [23] - Invesco seeks to convert its QQQ fund from a fixed unit investment trust to an open-end ETF, potentially increasing its management fee income by over $600 million annually [26][29] SPY vs QQQ Performance - Since 1993, SPY's total price return is over 1,300%, while QQQ's is over 1,007% since 1999 [27] - SPY experienced a worst sell-off of -56% during the global financial crisis, while QQQ had -83% during the dot-com bust [27][28] - SPY's management fee is 00945%, approximately half that of QQQ [28] - SPY's daily trading volume is 67 million shares, equivalent to $42 billion, compared to QQQ's 40 million shares, or $23 billion [28][29]

Early 401k Withdrawal Trends & Impacts - 5% of participants took withdrawals this year, indicating potential financial pressures [4] - One in three workers tend to cash out their entire 401k balance when they change jobs [7] - Cashing out happens more with people whose income can be fluctuating, such as gig economy workers and hourly workers [8] Reasons for Early Withdrawal - Top two reasons for early withdrawals are avoiding eviction and paying for medical expenses [2] - People need cash and liquidity due to emergencies [2] Downsides of Early Withdrawal - A 10% penalty is applied on the surface [1] - Taxes must be paid on the money that was previously tax-sheltered [4] - Foregone investment gains over many decades of long-term compounding significantly impact retirement wealth [4] Recommendations - Emphasize the need for an emergency reserve to protect long-term savings [3] - Workers facing a cash crunch should consider financial planning [9] - Having an emergency savings of $2,000 can significantly reduce the likelihood of cashing out and improve savings behaviors [9] - Rebuilding a 401k after withdrawal requires saving and maximizing employer match [11] Positive Trends - Eight out of 10 workers are saving towards their retirement [6] - Workers are saving at the highest rate seen, which is 12% [6]

Economists have been warning that President Trump's trade wars will depress growth and hiring. Trump disagrees, but does the weakness in the latest jobs report give these warnings more weight. Here with more is Yahoo Finance senior columnist Rick Newman.Rick, hey Josh. Um, well, yeah, I think what we're seeing in the economy, not just the jobs report, but also the uh GDP report on economic growth for the first half and other things. I mean, this is exactly what you would expect to happen when you uh put tar ...