[Music] [Music] Good Thursday morning from Yahoo Finance's New York City headquarter studios. I'm Yahoo Finance executive editor Brian Sazy. I've been lurking on our Yahoo Finance live blogs which you uh you can find at the top of our homepage all morning just digesting a ton a ton of headlines.Snapshares are ripping higher as an at $400 million deal with Perplexity. Pexity's search capabilities will appear in the chat interface starting in early 2026. Nothing disappearing there.Big day for Tesla and CO Elo ...

Joining us this morning is Jeremiah Buckley, portfolio manager at Janice Henderson. Top holdings include Nvidia, Microsoft, Alphabet, Apple, and Amazon. Jeremiah, it's great to see.I wonder what you make of our conversation given the such strong headwinds and tailwinds, technology versus the the macro we were just discussing. >> Yeah, good morning, Carl. Yeah, we're still optimistic on the market.If we look at, you know, the S&P 500 up 16% so far this year, but earnings are up 13%. I think we've seen more i ...

Top executives at Western brands that do business in China are showing cautious optimism that consumer spending in the crucial market is starting to recover after a lengthy downturn https://t.co/NdeNNGdY7q ...

get some insights on yesterday's Fed rate decision from Jeremy Seagull. He is chief economist at Wisdom Tree. He's also professor emeritus of finance at University of Pennsylvania's Wharton School of Bus business. And uh Jeremy, we were speaking earlier today with Roger Ferguson, the former vice chair at the Fed. His take was kind of interesting on this that first of all, he applauded that J. pal very firmly said that this is not a a glide path that the next rate cut may not be happening on this and he's a ...

At some point Xi Jinping, China’s leader, may need to choose between prioritising self-sufficiency and promoting consumer spending in a way that could stabilise growth. The trade war may be winnable but it is not cheap https://t.co/YVSOyYjfMW ...

Matt Boss again, congratulations on being named number one in retail on the street for however many years in a row it's been. Um, you don't cover Wayfair, but you see Wayfair and the stock is doing obviously great things today on the back of its earnings and you think what as it translates into the stocks you do follow. >> Yeah, thanks for having me on, Scott.And and on the number one, I really appreciate that. JP Morgan, big win for them, too. Just more broadly, I wanted to uh point that out.It's great to ...

Market Outlook & Economic Indicators - JP Morgan Asset Management believes the futures market is now better priced, with rate cut expectations reduced to 100 basis points over the next year, targeting a neutral rate of about 3% [2] - The firm anticipates a potentially weak GDP report in the fourth quarter, suggesting the economy is "okay" rather than "red-hot" [3] - Consumer spending showed a slowdown in October, particularly in discretionary areas, prompting interest in consumer companies' earnings reports [4][5] - Equity markets are expected to focus on secular AI trends and upcoming earnings season, projected to be strong with double-digit growth for the fourth consecutive quarter, while looking through government shutdown noise [7] Consumer Behavior & Retail Sector - Chase card data indicates that spending on restaurants and bars turned negative in September [10] - Consumer spending is shifting, with core goods spending fizzling out and services spending trading places between airlines/travel and restaurants [11] - Retailers' margins will be closely watched in the third and fourth quarters to assess their ability to pass on tariff costs or cut expenses [12] Labor Market & Federal Reserve Policy - The Fed is expected to normalize rates rather than accommodate policy, aligning with recent statements and minutes [1] - The Fed is likely to look beyond federal government job losses and focus on the cooling private sector hiring, which has slowed to a standstill and is concentrated in only a few industries [8][9]

The Bank of England must continue bearing down on inflation to remove lingering household fears of another price shock and release a recovery in consumer spending, policymaker Catherine Mann said https://t.co/TPEGLUZUdY ...

Market Trends & Consumer Behavior - US consumers have shown extraordinary resilience this year [1] - 50% of US consumers are in the top 10% of income earners, contributing to sustained consumer spending [2] - $10 trillion is currently held in money market cash [3] Investment Strategies & Sector Focus - The market is looking for certainty from Washington, particularly regarding tariffs, to encourage investment [4] - Large-cap financials are favored in low interest rate environments [5] - Banks are considered a good investment, also as a tech play due to AI adoption [6] - Communication services are attractive due to their lower tariff sensitivity [7] - Utilities, especially nuclear companies servicing data and AI expansion, are being considered [7] Semiconductor Industry - SMH, the semiconductor sector, is up 32% year-to-date, with strong demand and outperforming companies [8]

I think the economy is weakening, you know, whether that is on the way to recession or just weakening, I don't know, and that just confirms what we already thought, kind of. And I know that's a big revision. And speaking of kind of what we were going back to with the state of the economy, the difficulty predicting one of the questions people have is what's going on with the consumer right now.They're still spending money. It's a little bit different depending on what income set they're coming from. They sti ...