Well, KB Home cutting its revenue outlook for the year after reporting weak second quarter results. This is the housing market. It remains sluggish with existing home sales seeing their worst May since 2009.Joining me now, we've got Meredith Whitney, Meredith Whitney Advisory Group CEO. Meredith, good to have you back on Yahoo Finance with us. We we just heard remarks from Fed Chair Jerome Pal that he plans to keep rates on hold.So, what is the risk that that poses to the housing market. Well, the housing m ...

really, on that. We're not seeing it yet, but we. >> Gentleman's time has expired.>> Thank you. Chairman. >> Yield back.Thank you, Mr. . Chairman. The gentleman from new Jersey recognized for five minutes.>> Thank you, Mr. . Chairman. >> Chairman Powell, as a member of the Intelligence Committee, I'm deeply concerned about the threat of Iranian cyber attacks on our financial system as retaliation for our strikes on their nuclear facilities and its cyber security report.Last year, the fed acknowledged that c ...

The gentleman from Wisconsin, Mr. . Style, who's also the chair of our subcommittee on digital assets, financial technology, and artificial intelligence. You're recognized for five minutes.Thank you, Chairman Hill. Thank you, Chairman Powell, for being with us today. I want to dive into two actions the Fed's recently taken uh to get a little additional color on.Yesterday, uh the Fed announced uh that reputational risk would no longer be a component in bank exams. Uh I viewed that positively. I viewed u the ...

yield back. >> The gentleman's time has expired. The vice chairman of the full committee, Mr.. Huizenga of Michigan, is recognized for five minutes. >> Thank you, chair Hill and Chair Powell. Good to see you again.I got a lot to cover, so we're going to try and keep this concise. But following up a bit on what Chair Hill had been talking about, you know, you had said in January 29th, 2025, quote, we don't know what will happen with tariffs, with immigration, with fiscal policy and with regulatory policy. I ...

Group 1: Target Corporation - Target has faced significant challenges, with its stock down 64%, but it has a history of resilience, having paid and raised dividends for 53 consecutive years [4][5] - Current issues include declining sales due to inflation, high interest rates, tariff uncertainty, and a backlash from reduced diversity initiatives [5][6] - Target is implementing a management shakeup through a new Enterprise Acceleration Office to improve execution and plans to open approximately 300 new stores over the next decade [7][8] - The stock currently has a low price-to-earnings (P/E) ratio of 10.5 and offers a dividend yield of 4.7%, supported by a 60% dividend payout ratio [8] Group 2: PepsiCo - PepsiCo's stock is down 34%, facing challenges from tighter consumer finances and competition from store brands, as well as the impact of weight loss drugs on its product demand [9][10] - Despite these challenges, PepsiCo remains a resilient company with a diverse portfolio of brands and a manageable dividend payout ratio of 72% [10] - The company is adapting by acquiring healthier food and beverage brands and innovating with products like zero-sugar sodas [11] - PepsiCo's current dividend yield is 4.25%, and its P/E ratio has dropped to 19, below its 10-year average of 26, indicating potential for respectable growth moving forward [12]

Market Concerns & Inflation - Markets were initially concerned about the Middle East situation, particularly potential Strait of Hormuz closure or energy infrastructure damage, which could significantly increase inflation [1] - Oil prices potentially rising above $100 per barrel due to Strait closure could push inflation back above 5% and gas prices above $5 per gallon [2] - Easing Middle East tensions are causing oil prices to decline, suggesting a more positive inflation outlook and potentially allowing the Federal Reserve to lower interest rates [2][8] - Lower energy prices could offset some inflationary impact from tariffs [2] - Markets are currently more relieved by developments in Iran than concerned about upcoming tariffs [3] Federal Reserve & Tariffs - Federal Reserve Chair Powell is maintaining a "wait and see" approach regarding tariffs [4] - Recent economic data, including weaker economic surprise indexes, decelerating job growth, and friendly inflation prints, may be pushing the Federal Reserve towards easier monetary policy and another rate cut [5] - The final tariff terms, implementation, and pass-through to inflation are still unknown [6] - The debate now includes more voices on the dovish side, which is net bullish for investors [7] Market Sentiment - Market recovery is driven by optimism regarding no further escalation or potential resolution in the Middle East [8] - Lower energy prices are bullish for the markets [8] - Market pricing is heavily influenced by day-to-day news [9]

Key expectations M Idea Morgan Stanley & Co. LLC Michael T Gapen Chief US Economist Michael.Gapen@morganstanley.com +1 212 761-0571 Matthew Hornbach Strategist Matthew.Hornbach@morganstanley.com +1 212 761-1837 Jay Bacow Strategist Jay.Bacow@morganstanley.com +1 212 761-2647 Sam D Coffin Economist Sam.Coffin@morganstanley.com +1 212 761-4630 Diego Anzoategui Economist Diego.Anzoategui@morganstanley.com +1 212 761-8573 Lenoy Dujon US/Canada Economist Lenoy.Dujon@morganstanley.com +1 212 761-2779 Heather Berg ...

Federal Reserve Gov. Christopher Waller said that the central bank could cut interest rates as early as July, arguing that inflation under tariffs wouldn't likely be a problem. https://t.co/qZ7szHXuNO ...

It does take us to our talk of the tape. What can get stocks moving towards that new milestone. Let's ask Wharton School professor of finance Jeremy Seagull.He is also Wisdom Tree Chief Economist. Professor, it's always good to see you. Welcome back.Thank you, Scott. Good to be here. What's this market trying to figure out today.It feels like it's searching searching for something. Yeah, I mean it was encouraged by Waller. Um and by the way, I think he's completely right.Um we can talk about that later. I t ...

They've been signaling basically to ignore the inflation data for now because it's either a lagging indicator or has the potential to change. The one thing that could make the Fed move quicker would be a weakening of the labor market. But as Ed said, the important thing to note as as bond investors and credit investors is the next move is still going to be lower rates.I am curious, Steve, when we talk about this idea of the next move and if it is lower and you have a market that at least right now seems to ...