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Ed Yardeni on why he's underweight 'Magnificent Seven' stocks
Youtube· 2025-12-08 12:52
And joining us right now is Ed Yardini. He's president at Yardini Research. Ed, we could start by talking about how the markets continue to kind of melt back up.We're near all-time highs, but I think the most interesting thing and what has kind of shocked and surprised me this morning is your move away from the big tech names in terms of being an overweight statement. What happened for 15 years you've been overweight on that sector. What's changed.>> Yeah. And it's worked. And so we've got to the point wher ...
Ed Yardeni on why he's underweight 'Magnificent Seven' stocks
CNBC Television· 2025-12-08 12:52
>> ALL RIGHT. WELCOME BACK TO SQUAWK BOX EVERYBODY. LET'S TAKE A LOOK AT THE FUTURES THIS MORNING.DOW FUTURES UP BY ABOUT TEN POINTS S&P FUTURES UP BY SIX. THE NASDAQ INDICATED UP BY CLOSE TO 60 POINTS. AND JOINING US RIGHT NOW IS ED YARDENI.HE'S PRESIDENT AT YARDENI RESEARCH. AND WE COULD START BY TALKING ABOUT HOW THE MARKETS CONTINUE TO KIND OF MELT BACK UP OR NEAR ALL TIME HIGHS. BUT I THINK THE MOST INTERESTING THING, AND WHAT HAS KIND OF SHOCKED AND SURPRISED ME THIS MORNING, IS YOUR MOVE AWAY FROM TH ...
Gold price today, Monday, December 8: Gold dips slightly as attention turns to Fed meeting this week
Yahoo Finance· 2025-12-08 12:41
Group 1 - Gold futures opened at $4,228.10 per troy ounce, down 0.4% from the previous closing price of $4,243 [1] - Analysts expect a quarter-point rate reduction from the U.S. central bank, with a 89.6% probability that the target rate will be lowered to a range of 3.50% to 3.75% [1][2] - The last PCE inflation report indicated a rise in prices by 2.8% in September, up from 2.6% in June and July, raising concerns about reducing rates while inflation remains above the Fed's 2% target [2] Group 2 - The price of gold has shown significant gains, with a one-year increase of 63.4% [4] - Gold futures prices have increased by 0.2% over the past week, 6.2% over the past month, and 61.4% over the past year [9] - Lower interest rates make gold more attractive compared to cash yields, potentially increasing demand for gold [3] Group 3 - Factors influencing gold prices include geopolitical events, central bank buying trends, inflation, interest rates, and mining production [13]
Gold price today, Thursday, December 11: Gold opens higher, near $4,250, after rate cut
Yahoo Finance· 2025-12-08 12:41
Group 1: Gold Price Movement - Gold futures opened at $4,258.30 per troy ounce, reflecting a 0.8% increase from Wednesday's closing price of $4,224.70 [1] - The one-year gain for gold as of November 14 was 63.4% [3] - The price of gold has increased by 1.1% over the past week, 2.9% over the past month, and 57.6% over the past year [7] Group 2: Federal Reserve Interest Rate Decisions - The Federal Reserve lowered its target interest rate by a quarter-point to a range of 3.5% to 3.75% with a 9-3 vote, indicating internal disagreement among committee members [2] - The Fed's longer-term outlook suggests one rate cut in 2026 and another in 2027, highlighting ongoing challenges in the economy, including a weaker job market and persistent inflation [2] Group 3: Impact of Interest Rates on Gold - Falling interest rates benefit gold by reducing the yield of competing interest-bearing assets like cash, making gold a more attractive investment [3]
Fed's favorite inflation indicator stayed elevated in September as spending weakened
Fastcompany· 2025-12-08 12:01
Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day Privacy Policy | The Federal Reserve's preferred measure of inflation changed little in September, likely easing the way to a widely expected interest rate cut by the central bank next week. Prices rose 0.3% in September from August, the Commerce Department said Friday, in a report that was delayed five weeks by the government shutdown. It matched the increase recorded during the previous month. Excluding the volati ...
Stocks Head for Third Year of Big Gains. Inflation Could Derail a Fourth.
Barrons· 2025-12-08 11:58
Fed rate decision looms, Trump to outline economic policies, Netflix's Warner Bros. Discovery deal, and more news to start your day. ...
There's a stable view of the economy overall, says Defiance ETFs CEO Sylvia Jablonski
Youtube· 2025-12-08 11:53
Joining us now, Sylvia Jablonsky, Defiance ETF's co-founder and CEO. And we were talking about the some of the positive action we've seen in the stock market in the last what week and a half or so, which maybe calmed some of the fears that we did have earlier uh about whether we wouldn't have a Santa Claus rally. In fact, a lot of people said what we normally see in September and October, we were seeing in November. Some of the uh you know, we see a lot of lows set in October.I want to start with you with w ...
Stocks Set to Open Higher as Investors Await Fed Meeting
Yahoo Finance· 2025-12-08 11:10
Economic Indicators - The Federal Reserve is expected to cut the Fed funds rate by 25 basis points to a range of 3.50% to 3.75% due to concerns over the jobs market and inflation [1] - The core PCE price index rose +0.2% month-over-month and +2.8% year-over-year in September, slightly below expectations [3] - U.S. personal spending increased by +0.3% month-over-month, while personal income grew by +0.4% month-over-month, exceeding expectations [3] - The German October Industrial Production rose +1.8% month-over-month, significantly above expectations of +0.2% [10] Market Performance - Wall Street's major equity averages ended positively, with Ulta Beauty surging over +12% after strong Q3 results and raised guidance [4] - Micron Technology and GlobalFoundries saw gains of over +4% and +3% respectively, while Warner Bros. Discovery climbed more than +6% following Netflix's acquisition announcement [4] - In pre-market trading, Tesla fell over -1% after a downgrade, while Confluent soared more than +28% amid acquisition talks [16] Corporate Earnings - Several prominent companies, including Broadcom, Oracle, and Adobe, are set to release quarterly results this week [7] - Carvana is expected to be added to the S&P 500 index on December 22nd, leading to an over +8% rise in pre-market trading [17] International Developments - China's November Trade Balance stood at $111.68 billion, exceeding expectations of $105 billion, with exports rising +5.9% year-over-year [12] - Japan's economy contracted more than initially estimated in Q3, with a revised annualized GDP of -2.3% quarter-over-quarter [14]
Best money market account rates today, December 8, 2025 (Earn up to 4.26% APY)
Yahoo Finance· 2025-12-08 11:00
Find out which banks are offering the top rates. Money market accounts (MMAs) can be a great place to store your cash if you're looking for a relatively high interest rate along with liquidity and flexibility. Unlike traditional savings accounts, MMAs typically offer better returns, and they may also provide check-writing privileges and debit card access. This makes these accounts ideal for holding long-term savings that you want to grow over time, but can still access when needed for certain purchases or ...
Best CD rates today, December 8, 2025 (Lock in up to 4.1% APY)
Yahoo Finance· 2025-12-08 11:00
Today’s CD rates still hover well above the national average. The Federal Reserve reduced its target interest rate three times in 2024 and recently announced its second rate cut of 2025. This has a ripple effect on deposit account rates, which means now could be your last chance to lock in today's high rates with a certificate of deposit (CD). Here’s a look at today’s best CD rates and where you can find the best offers. Best CD rates today As of December 8, 2025, the highest CD rate is 4.1% APY. This ra ...