Entering 2023's fourth quarter following the Fed's rate pause and a shaky September session, how are markets expected to close out the year? Key Advisors Wealth Management CEO and Co-Founder Eddie Ghabour sits down with Yahoo Finance Live to discuss potential market rallies amid inflation and recession woes.
"You could see a flow of funds pour into the equity markets and get the Santa Claus rally that so many are accustomed to seeing," Ghabour says, later adding:"I expect October to be pretty volatile. But, again, if we can get through that noise and get through the Fed, I think there's a high likelihood you'll see the markets rally at the end of the year.
‘Quit saving your money’: Prolific investor Grant Cardone says there's only 1 thing that will bring you true wealth — and it's not your job or being cheap. Here's what it is and how to do itU.S. stocks such as CrowdStrike and Datadog have the potential to outpace the broader markets and derive inflation-beating returns. The post TFSA Investors: 2 U.S. Tech Stocks to Buy and Hold Forever appeared first on The Motley Fool Canada.
-- Billionaire Bill Ackman would be interested in pursuing a deal with Elon Musk-owned X Corp. as part of a new investment vehicle, the Wall Street Journal reported.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonSevere Crash Is Coming for US Office Properties, Investors SayOnce Unthinkable Bond Yields Now the New Normal for MarketsCongress Averts US Government Shutdown Hours Before DeadlineAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Investors 'should not care' about govt. shutdown in Q4: ExpertA government shutdown was averted late Saturday evening as Congress approved a short-term 45-day federal funding bill. The bill is designed to keep the government open until November 17, providing lawmakers a window to fully develop a proper federal spending budget. Isaac Boltansky, Director of Policy Research at BTG, shares with Yahoo Finance that while a government shutdown was averted, it is still expected in the fourth quarter. He characterizes this bill as the federal government 'punting' tough decisions to a later date, with no real resolution on spending policies, such as providing aid to Ukraine. Boltansky ultimately believes investors should not be concerned. 'The one thing that scared me the most is that we wouldn't collect and report official government data, through the shutdown,' Boltansky tells Yahoo Finance, adding: 'At least we've got 6 more weeks of that.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Oil prices on the rise, Bitcoin passes $28K: What to watchOil prices continue to rise as global demand increases while production from OPEC+ decreases, with many bets placed that oil will reach $100 per barrel. In addition, bitcoin (BTC-USD) reached just over $28k, with some experts wondering if it's headed towards a rally. Yahoo Finance Markets Reporter Ines Ferre joins the Live show to break down China's oil demands and Congress' letter to the SEC to approve a spot bitcoin ETF. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Chinese EV makers shine in Sept. deliveries, while Tesla lags in Q3Chinese EV makers Nio Inc. (NIO), Li Auto (LI), XPeng Motors (XPEV) reportedly delivered 66,831 vehicles in the month of September, while Tesla (TSLA) shares tick down in early market trading after missing on third-quarter delivery estimates. Yahoo Finance Live compares the electric vehicle manufacturers' performances, breaking down potential regional trends. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
UBS initiatives coverage on Sunnova as oil prices remain elevatedUBS analysts initiate coverage for the Texas-based solar panel company Sunnova (NOVA). Yahoo Finance’s Jared Blikre takes a closer look at rising oil prices and the overall outlook for energy sector stocks. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Earnings, September jobs report: What to watch this weekThe first week of October is off to a busy start. Yahoo Finance’s Josh Schafer takes a dive into what investors should look out for, including earnings from Levi Strauss & Co. (LEVI) and cannabis company Tilray Brands (TLRY), as well as the September jobs report expected out on Friday. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Billionaire Bill Ackman would consider deal with X: ReportBillionaire investor Bill Ackman received approval for his SPARC, or special purpose acquisition rights company, and is looking to put it to use. When asked, Ackman said he would consider a deal with Elon Musk’s X, formerly Twitter, according to the Wall Street Journal. Yahoo Finance Tech Editor Dan Howley discusses Ackman's comments and investor appetite for X. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »