The Dow Jones Industrial Average (^DJI) and the S&P 500 (^GSPC) have pulled back from their all-time highs, with the Dow snapping its four-day winning streak. Citi US equity strategist Drew Pettit joins Market Domination Overtime to discuss the latest movement and what investors can expect in the second half of the year. Pettit believes the Federal Reserve’s interest rate cut is behind the most recent market action. He explains, “I think the Fed, and honestly heading into the Fed decision, interest rates across the curve coming down gave people more confidence to look through some potential softness in the labor market, maybe a little bit of softness in earnings macro data, even the housing data today, out the other side to say, ‘Hey, the Fed isn’t going to be as far behind the curve. That’s OK. I can start positioning for the recovery.’ And we’ve seen not just the secular stories work, but we’ve seen some of the cyclical stories start to work, at least since the mid-July interim peak.” As the third quarter earnings season looms ahead, he believes the market has not reached its peak. He notes that growth stocks can “probably survive any type of weakness,” while cyclicals will finally get a boost from falling interest rates. Pettit adds, “We actually think we’re on an upswing for some of the parts of the market that really haven’t gotten much love over the past couple of years.” While tech stocks have gotten a lot of love over the last year, he expects some pressure ahead: “The growth side of the market has had really strong growth. So it becomes the problem of, let’s call it, the law of large numbers. You’re growing really fast. It’s hard to keep that up forever. But when growth stocks see their sales decelerate, there’s been points in the past where that has actually pressured their earnings.” However, he believes many Tech players will be able to handle topline deceleration. Thus, Pettit encourages investors to be cautious with tech moving forward. He encourages them instead to get into overlooked areas of the market like cyclicals, consumer goods (XLP, XLY), and financials (XLF).
#youtube #news #stockmarket

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

The content discusses the benefits of incorporating ginger into your diet. Ginger is a versatile ingredient with numerous health benefits, including anti-inflammatory properties, aiding digestion, and boosting the immune system. It is also full of antioxidants and can help reduce muscle pain and soreness. Ginger can be consumed in various forms such as fresh, powdered, or as a supplement. Adding ginger to your diet can lead to improved health outcomes and overall well-being. It is a natural remedy that has been used for centuries in traditional medicine for its medicinal properties.

source

#shorts #recession #inflation
Vincent Reinhart, Chief Economist & Macro Strategist at Dreyfus and Mellon, gives a forecast on the health of the economy. Reinhart’s outlook is in response to Fed Chair Powell’s speech that occurred earlier this week. Reinhard joined Yahoo Finance Live on November 3, 2022.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:

Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp

Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV

The content discusses the potential benefits of consuming green tea for weight loss and overall health. Green tea is high in antioxidants and compounds that can boost metabolism and promote fat loss. It also has calming properties that may reduce stress-induced weight gain. Studies have shown that green tea can help increase fat burning during exercise and improve insulin sensitivity. However, it is important to note that green tea alone is not a magic solution for weight loss and should be consumed as part of a balanced diet and exercise routine for optimal results.

source

Atlanta Fed president and CEO Raphael Bostic moderates a Q&A with Federal Reserve Board Governor Lisa Cook on October 1, …

The content discusses the benefits of practicing gratitude and its impact on mental health. It highlights various studies that have shown how being grateful can improve overall well-being, reduce symptoms of depression and anxiety, and increase feelings of happiness and contentment. Expressing gratitude through actions such as journaling, reflection, and mindfulness exercises can help individuals cultivate a positive outlook and strengthen social connections. It also emphasizes the importance of incorporating gratitude into daily routines to experience long-term benefits on mental health and overall quality of life. Additionally, the article provides tips on how to practice gratitude effectively.

source

#Serverobotics #Ubereats #robotdelivery
Serve Robotics CEO Ali Kashani joins Yahoo Finance’s Seana Smith and Adam Shapiro to discuss his company’s plans for growth , Uber eats and the automated delivery business.
Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes
WATCH HERE:
https://youtu.be/Sb179GLPNYE

Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube:
https://youtu.be/gx-OzwHpM9k

Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp

Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Cashay.com
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV

This content discusses the impact of social media on mental health, specifically focusing on the potential negative effects it can have. The constant exposure to curated and idealized images on platforms like Instagram can lead to feelings of inadequacy and increased levels of anxiety and depression, especially among young people. The pressure to present a perfect image online can contribute to low self-esteem and harmful comparison behaviors. It is important for individuals to be mindful of their social media use and to prioritize self-care and mental well-being. Seeking support from friends, family, or mental health professionals is also recommended.

source

The construction industry added 34,000 jobs in August and saw unemployment fall to a monthly record low of 3.2%. Kojo CEO Maria Davidson joins Asking for a Trend to break down the state of the industry and how Kojo helps construction firms manage their supply chains. Kojo is the largest materials management platform in the US. The software company helps more than 500 of the largest contractors process more than $3 billion each year in materials to ensure they receive not only the best price, but also get the delivery on time. She notes that construction backlogs are at all-time highs as there is a significant shortage of construction workers. This shortage is caused by a lack of young people entering a field that is technologically “outdated.” In addition, she highlights that only 11% of the workforce is made up of women. Thus, she emphasizes the importance of investing in a diverse workforce by tackling issues like the gender wage gap and encouraging high school students to explore careers in construction. Technology can help construction firms become more efficient, and Davidson explains that knowing what these companies need to order and when labor should be scheduled are key ways Kojo helps. By tracking shipments, construction companies will be able to avoid any last-minute delays that have the potential to throw entire projects off.
#youtube #stockmarket #news
About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance

The content discusses the importance of email marketing for reaching customers in today’s digital age. It highlights the benefits of email marketing such as cost-effectiveness, ability to reach a large audience, and high return on investment. The content emphasizes the need for businesses to personalize their email campaigns, segment their audience, and provide relevant, valuable content to maintain engagement. It also mentions the significance of analytics in measuring the success of email marketing campaigns and making data-driven decisions. Overall, the content stresses the significance of email marketing as a powerful tool for businesses to connect with their target audience and drive conversions.

source