Categories
Investors

LIVE: Market Coverage: Tuesday December 14 Yahoo Finance [Video]

#bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed#YahooFinance #investing #stockmarket #bitcoin #cryptoGet the latest up-to-the-minute continuous stock market coverage and big interviews in the world of finance every Monday–Friday from 9 am to 5pm (ET).Markets edged lower Tuesday morning following declines in yesterday’s trading session as investors tune in for on a prolific week in Washington that includes the Federal Reserve’s final policy-setting meeting of 2021, set to commence today, and the release of new prints on retail sales, housing starts and other economic data.All three major U.S. indexes were down at open after the Labor Department reported wholesale prices soared by a record 9.6% in November from a year earlier, the fastest annual pace on record for the indicator. The Dow shed 141.06 points, dipping 0.40% to 35,509.89. The tech-focused Nasdaq tumbled 217.32 points, down 1.39% to 15,413.28, and the S&P also underperformed, falling 0.79% to 4,632.09Traders are awaiting a decision from the Fed on how quickly the central bank will tighten monetary policy amid a backdrop of fresh inflation numbers that reflected the fastest annual increase in nearly four decades. The Labor Department’s Consumer Price Index (CPI) soared 6.8% in November compared to last year, according to figures published last week.The Federal Open Market Committee (FOMC) is scheduled to hold its two-day policy-setting meeting starting on Tuesday, followed by the release of the monetary policy statement and remarks from Federal Reserve Chair Jerome Powell Wednesday. An updated Summary of Economic Projections outlining individual members’ outlooks for economic conditions and interest rates is set to accompany the statement.The Fed has been under pressure to control rising inflation levels, as investors watch for clues of a faster taper that could set the stage for earlier rate hikes.“Because inflation expectations do appear to be adaptive, our view is that the longer inflation stays elevated, the greater the risk that consumers adjust their behaviors in a way that contributes to persistently elevated inflation” wrote PIMCO economist Tiffany Wilding in a recent note to clients.“We believe the Fed will want to manage this risk by shortening the time over which it winds down its purchases of U.S. Treasuries and agency mortgage-backed securities (MBS), aiming to end the program in March 2022, while also signaling a June rate hike is likely,” said Wilding.PIMCO managing director and portfolio manager Sonali Pier also separately told Yahoo Finance Live that the firm expects to see two hikes in 2022, three hikes in 2023, and potentially four in 2024, with the Fed trying to bring the policy rate to neutral.“Amid proliferating signs of solid growth and a robust job market, various measures depict a deeply troubled economy,” wrote Oxford Economics senior economist Bob Schwartz in a new report. “Households are downbeat, according to sentiment surveys, and the so-called ‘misery index’ that adds together inflation and unemployment hovers around recession levels.”Markets await a trove of fresh economic data this week. November retail sales, out on Wednesday, are expected to rise by 0.8%, according to Bloomberg consensus estimates. And November housing starts are forecasted to see a month-over-month increase of 3.3%.Meanwhile, Morgan Stanley projects the U.S. unemployment rate will drop to 3% in 2022.”It’s stunning to see how much the rate has fallen in the last five months,” Morgan chief U.S. economist Michael Feroli told Yahoo Finance Live. “We expect that pace of decline to slow, but it doesn’t take much to get below 4%, even with a tick up in the labor participation rate which has been depressed over the last year and a half.”For more on this article, please visit: https://finance.yahoo.com/news/stock-market-news-live-updates-december-14-2021-232905142.html

Categories
New Parents

Marriage and Dating Advice from a Black Millionaire Couple, feat. Rich and Regular [Video]

Y’all know I like to keep it real, relevant and relatable! And my friends Julien and Kiersten Saunders of Rich & Regular are keeping it 100% with us today! They’re giving advice on marriage and dating for men and women, finances in relationship and building wealth as a Black couple. This is a GOLD MINE of wisdom, so keep it locked. ***Do more with your savings and sign up with PrizePool to get an account that treats you the way you deserve to be treated: https://bit.ly/3kmDkKU***Connect with Me!Website: http://bit.ly/2LQYSPNInstagram: http://bit.ly/313Mv6rFacebook: http://bit.ly/313Mwr1 Hey, fam! I’m Anthony. I’m fired up about meeting you where you are in a real, relevant, and relatable way. Here on this YouTube channel, we’ll be having honest conversations about finding our authentic selves by living life based on spiritual, financial, and mental freedom. At the age of 19—homeless and deep in debt—I turned my life around by becoming debt-free, and I decided to spend the rest of my life helping people avoid the same money mistakes I made. Today, by the grace of God, that’s what I’m doing every day with AO Enterprise. You can rock with me on Instagram @AnthonyONeal or online at anthonyoneal.com.Disclaimer: Some of these links are affiliate links, which means I may get a commission if you purchase. However, none of the fees of these resources have been increased to compensate me. In fact, many of these have given me special discounts that I get to extend to you! 😉

Categories
Investors

THIS STOCK IS ABOUT TO GO PARABOLIC!🔥 [Video]

THIS STOCK IS GOING CRAZY!🔥🔥🔥 🔥DISCORD COMMUNITY🔥 ▶ https://launchpass.com/patternology-lab/premiumDROP YOUR QUESTIONS REGARDING THE PRIVATE DISCORD IN THE COMMENTS 🔻🔻🔥Patternology Lab MERCH ▶ https://patternologylab.creator-spring.com 🔥💎GETTING STARTED IN THE STOCK MARKET? Here are the steps: 🔽🔽🔥 Get 2 FREE stocks, one valued from $8-$1850 on: https://act.webull.com/k/uU2v7otrgyGi/main 🔥 To open an account at TD Ameritrade, use the link: https://start.tdameritrade.com/select ➡ Then choose Individual Brokerage (under “Most Common”)🔥 To Download Thinkorswim: use the link https://www.tdameritrade.com/tools-and-platforms/thinkorswim/download-thinkorswim-desktop.page In this video, I break down extensively the Top Stocks to buy now for this week. PSYCHOLOGY and ANALYSIS are also included (as always).💎 Daily Stock Analysis Videos are released 6PM-10PM CT.✅LIKE & SUBSCRIBE & Hit that notification 🔔 | IT HELPS SPREAD THE KNOWLEDGE TO MORE PEOPLE 🤝🏽Sincerely, Paul N’Gumah, CEO & Founder of Patternology Lab If you have any comments or questions, Don’t Be Shy! COMMENT below and I will respond or make a video!MY FAVORITE DAY TRADING BOOK📚 https://amzn.to/2YY1LU1My Studio Equipment:🎤: https://amzn.to/2NQFu4g📸: https://amzn.to/38t1Cek💻: https://amzn.to/3eZDuCP📺: https://amzn.to/2YZZDeJMy Trading Desk: https://amzn.to/2YVCBW8Follow us for daily posts and updates on:Instagram: https://www.instagram.com/patternologylab/Instagram: https://www.instagram.com/paulngumah/Twitter: https://www.twitter.com/patternologylab/Twitter: https://www.twitter.com/paulngumah/Facebook: https://www.facebook.com/iampaulngumahTiktok: @paulngumahStocks in this video: AAPL MSFT ABBV PATTERNOLOGY LAB was founded to specifically provide educational content on Technical Analysis, candlestick patterns, and price action. This channel features the thought process prior to taking trades. My best practices along with my mistakes are shared to help you grow. WE DO NOT GAMBLE! EVER!****DISCLAIMER AND WARNING**** In all financial markets, the opportunity to make money comes with a risk that must not be neglected. Always stay aware of the risks and be willing to accept them. Never trade with money that you cannot afford to lose. We are not your financial or investment advisors. We cannot and will not be held liable for any actions you take as a result of our opinions and the content in this channel, any of its social media platforms, or websites. The information provided on this channel and on its social media platforms is purely for informational purposes only, and they are meant to be taken as opinions. Always stay skeptical and do your own research before participating in the financial markets. Nothing in this channel are recommendations, all the content provided are our humble opinions only. The performance of chart/candlestick patterns discussed on this channel is not necessarily indicative of future results. Technical analyses are not absolute and are prone to change due to future market events. Investing in any market is very risky and the risk for significant losses is substantial.For more knowledge on Finance, Business, and Money: investing tips 2021, long term stocks 2021, #stock , safe stocks to buy now, put options, #options trading 2021, options trading strategies, robinhood investing 2021, #trading patterns, best robinhood stocks 2021, best stocks to buy 2021, swing trades, top stocks 2021, top stocks to buy 2021, financial education, DISCORD , how to invest 2021, financial education, stock market 101, stock market for beginners, stock market crash, stock market today, stock market news, stocks to invest in 2021, stock trading for beginners, swing trading 2021, swing trading for beginners, Elon Musk Tesla, best stocks to buy right now, best stocks to invest 2021 robinhood, webull , best stock apps 2021, top stocks to buy now 2021, top stocks July 2021, best cheap stocks to buy, top cheap stocks to buy, stock market for dummies, stocks to watch.

Categories
Investors

IS THE FED GOING TO CRASH THE STOCK MARKET – WHY ARE STOCKS RED TODAY [Video]

If you would like to join the discord https://discord.gg/knRPzmpDY8 If you would like to check out my website for daily watchlist 1 on 1s live chat and much more visit: http://evolutiontraders.com**DISCLAIMER** I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.

Categories
Investors

STOCKS BREAK LOWS! – Stock Market Live [Video]

Stream Alerts, Stock & options Bootcamp, & real estate course: http://bit.ly/2UQlZif Nightly Watchlist/main channel with tutorials: https://www.youtube.com/watch?v=0k1-GsUtckM&ab_channel=TradingFraternityBecome a Member and get a badge:https://www.youtube.com/channel/UCsfp0zw1hNxpy_wDig8oExA/joinMerch: http://bit.ly/ttfmerchNew channels:https://www.youtube.com/channel/UCkakIFNb2oDkJ8EIBKEgq9Qhttps://www.youtube.com/channel/UCq-_sDHgldk5-6ru9QubpmQhttps://www.youtube.com/channel/UCaF8lPM5PGZHbsoDGmT16jgPHILO:https://www.youtube.com/channel/UCHdKmrcPcGHswfBXVFLO3hwFOLLOW & DM ME YOUR # ON INSTAGRAM FOR THE 11 @ 11http://www.instagram.com/thetradingfraternityHow option pricing works and finding 1000% gainers:https://www.youtube.com/watch?v=BG1k_XgFo00How we setup our long term portfolio and dividend investing:https://www.youtube.com/watch?v=_VzDJ6CsDe0Request Wall:http://bit.ly/2Bdm977RULES:1. Love thy CHAD as you love yourself. Be positive. Respectful. Remember treat yourself that way. 2. No rocket ships. If uncertain of this rule, avoid rocket ships at all costs. 3. If you get banned, you must be reborn, your sins are forgiven however you must shed your old name. Everyone is always welcome to learn and contribute, everyone will be treated the same, you will often notice despite the name the same behavior/disrespectfulness/rudeness will always get banned. We ban the behavior not the person.4. DO NOT FLEX GAINS. You can if you post the trade before hand and overall just mention the thesis towards it. Indiscriminate flexing results in a ban.5. DO NOT FLEX LOSSES. Same as rule above, we do not encourage a culture of glorifying losses or hyper focusing on the negative.6. DO NOT JOKE ABOUT FITNESS / PUSHUPS. During our holy hourly exercises it is extremely encouraged to only discuss what physical activity you have done. Joking about or joking around this time is a zero-tolerance zone. I am telling you now, your joke about it already isn’t good, exercise extreme caution in what you say during this time.7. Be respectful during the 11 @ 11. You are not the one speaking in front of everybody, you know nothing about these people. Any side eye or shade during a phone call will result in an instant ban. 8. None of these trades are a recommendation to make a trade or financial investment, even if I say this is a recommendation I am talking to myself or one of my personalities. Stream alerts are not trade alerts, they are literally alerts of what is happening on stream. Copying my trades will most likely result in a loss. You can make the same trades as me, sure, but you are not me and your mindset is different, assume I am going to lose on every trade.9. Like the video & subscribe, if you’re a real OG make sure you turn off ad-block. If you’re not on the main channel, you’re playing yourself. 10. If you simply follow rule #1 it encompasses every single rule and you won’t have to worry about anything. If something is wrong with the feed or you have suggestions on stuff that should be included or done differently, constructive criticism is always welcome. Complaining is not. We like solutions not focusing on problems! 11. CALLING PEOPLE OUT: Keep it positive and respectful. If someone else is breaking the rules or you disagree with what they are saying or have any differences whatsoever, IF YOU CALL THEM OUT NEGATIVELY you will get clapped. This is all live and in real-time, feel free to ask any questions about trading. If I don’t answer it is probably because I am in my zone trading given the current market environment, I will get to your question whenever I have an opportunity. Good luck trading and understand this stream is for educational purposes. Do not copy the trades. Option trading is really risky and you are more than likely going to lose your money copying anything you see on this stream or channel. Consult with a professional before making any financial investment. Trading on 4 different platforms: Etrade pro (screen shown), ThinkOrSwim (long term investing) Robinhood options (progress on main channel), and my main portfolio. #StockMarket #Investing #DayTradingDISCLAIMER: These videos are for educational purposes only. Nothing in this video should be construed as financial advice or a recommendation to buy or sell any sort of security or investment. Consult with a professional financial adviser before making any financial decisions. Investing in general and options trading especially is risky and has the potential for one to lose most or all of their initial investment

Categories
Retirement Planning

Spitballing Retirement and the Build Back Better Tax Proposal – Your Money, Your Wealth® podcast 356 [Video]

Today on Your Money, Your Wealth® podcast 356 with Joe Anderson, CFP® and Big Al Clopine, CPA: should those in the 35% tax bracket contribute to traditional 401(k) or Roth 401(k)? Should a self-employed cryptocurrency investor do Roth conversions or tax gain harvesting? Also, a retirement spitball for a couple, age 35, wanting to retire with $5M at age 60. Plus, do the SECURE Act rules for required minimum distributions (RMDs) apply when inheriting an inherited IRA? Finally, comments on the latest Build Back Better Act. Show notes, financial resources, Ask Joe & Al On Air: https://bizlink.to/ymyw-35600:00 – Intro00:59 – Contribute to Traditional 401(k) or Roth 401(k) for Retirement? (Shake ‘n’ Bake, TX)07:10 – Retirement Spitball: Are We On Track to Retire with $5M at Age 60? (Alex)13:57 – Download Tips to Fast Track Your Retirement for free: https://purefinancial.com/white-papers/tips-to-fast-track-your-retirement/?utm_source=youtube.com&utm_medium=podcast&utm_campaign=YMYW14:43 – Do Roth Conversions or Crypto Long-Term Capital Gains to ACA Ledge for Self-Employed? (Johnny G, Iowa22:50 – SECURE Act: Inheriting an Inherited IRA Explained (Eric)29:46 – Download the SECURE Act Guide for free: https://purefinancial.com/white-papers/the-secure-act/?utm_source=youtube.com&utm_medium=podcast&utm_campaign=YMYW30:27 – “A Sneaky Annuity Bill That Will Make Joe Mad” (John, Abilene, TX)37:41 – Can I Make IRA Contributions and Not Convert Under the Current Build Back Better Act? (Frieda’s Boss, Mr Poon)40:48 – The DerailsPure Financial Advisors, LLC is a fee-only Registered Investment Advisor providing comprehensive retirement planning services and tax-optimized investment management to thousands of people across the nation. Schedule a free assessment with any one of our experienced financial professionals, either online or at one of our offices in San Diego, Brea, Irvine, and Woodland Hills, California: https://purefinancial.com/lp/free-assessment/?utm_source=youtube.com&utm_medium=podcast&utm_campaign=YMYWSubscribe to our YouTube channel and stay tuned for the next episode of the Your Money, Your Wealth® TV show: http://bit.ly/YMYW-YouTubeSubscribe to the YourMoney, Your Wealth® podcast: https://link.chtbl.com/ymyw?sid=yIMPORTANT DISCLOSURES:• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, LLC, a Registered Investment Advisor.• Pure Financial Advisors LLC does not offer tax or legal advice. Consult with your tax advisor or attorney regarding specific situations.• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy.• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.CFP® – The CERTIFIED FINANCIAL PLANNER™ certification is by the Certified Financial Planner Board of Standards, Inc. To attain the right to use the CFP® designation, an individual must satisfactorily fulfill education, experience and ethics requirements as well as pass a comprehensive exam. Thirty hours of continuing education is required every two years to maintain the designation. AIF® – Accredited Investment Fiduciary designation is administered by the Center for Fiduciary Studies fi360. To receive the AIF Designation, an individual must meet prerequisite criteria, complete a training program, and pass a comprehensive examination. Six hours of continuing education is required annually to maintain the designation.CPA – Certified Public Accountant is a license set by the American Institute of Certified Public Accountants and administered by the National Association of State Boards of Accountancy. Eligibility to sit for the Uniform CPA Exam is determined by individual State Boards of Accountancy. Typically, the requirement is a U.S. bachelor’s degree which includes a minimum number of qualifying credit hours in accounting and business administration with an additional one-year study. All CPA candidates must pass the Uniform CPA Examination to qualify for a CPA certificate and license (i.e., permit to practice) to practice public accounting. CPAs are required to take continuing education courses to renew their license, and most states require CPAs to complete an ethics course during every renewal period.#BuildBackBetter #SECUREAct #Retirement

Categories
Financial Planning For Doctors

2021 Financial Book Review – A Deep Dive by The White Coat Investor [Video]

In this video The White Coat Investor does a Deep Dive into the Financial Books You Should Be Reading For 2021.The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you’re a high-income professional and ready to get a “fair shake” on Wall Street, The White Coat Investor channel is for you!Subscribe Here: https://www.whitecoatinvestor.com/youtubeMain Website: https://www.whitecoatinvestor.comStudent Loan Advice: https://studentloanadvice.comFacebook: https://www.facebook.com/thewhitecoatinvestorTwitter: https://twitter.com/WCInvestorInstagram: https://www.instagram.com/thewhitecoatinvestorSubreddit: https://www.reddit.com/r/whitecoatinvestorOnline Courses: https://whitecoatinvestor.teachable.comNewsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter00:00 2021 Financial Book Review00:20 Financial Freedom RX01:14 The Family Board Meeting02:35 The Hands Off Investor04:23 Beating The New Death Tax05:28 Retire Secure For Professors06:18 Building An Elite Organization07:02 Stay In Medicine08:47 The EXITpreneur’s Playbook09:29 2 Funds For Life10:48 Own Your Freedom11:58 PharmD to MD12:37 You What?13:46 Your Encore15:07 Your Total Wealth

Categories
Business Owners

Central Banks Under Fire | Peloton Disaster Strikes & Collapse! [Video]

Join Our Private Investing Community, Get Buy/Sell Alerts For My Personal Portfolio, Get Loads Of Exclusive Content Like Private Livestreams, And Support The Channels Here:🔥 Stoic Media: https://www.patreon.com/StoicMediaInvest In Fractional Ownership Of Fine Art From World Famous Artists:🎨 Masterworks.io: https://masterworks.536u.net/EaO3o4BLOCKFI: Get Up to $250 In Bitcoin For Free When You Sign Up:💰 Everyone Everywhere: https://blockfi.com/stoicfinanceCheck Out My Other Channel Here!📈 Stoic Crypto: https://www.youtube.com/channel/UCreVQ_ZnWcCP1tFNqWbXPcgArticles Referenced In The Video; All Of These Articles Can Also Be Found On My Patreon For Those Stuck Behind A Paywall: https://www.patreon.com/StoicMediahttps://www.bloomberg.com/news/articles/2021-12-12/el-erian-says-transitory-inflation-call-likely-fed-s-worst-everhttps://pbs.twimg.com/media/FGK9m_xWUAEdtvL?format=jpg&name=smallDISCLAIMERS:Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favour of fair use.I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody’s specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.

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Investors

NEW $0.02 UNDERVALUED PENNY STOCK in a $539 Billion Market w/ Microsoft Deal [Video]

Undervalued $0.02 Penny Stock 😱. This Penny Stock is in a $539 Billion Market and is undervalued with endless news catalysts coming up. In this Video I talk about a new $0.02 Penny Stock in the Cyber Security market. This Penny Stock could go from Pennies to dollars and quickly. I have a few penny stocks in this video. Penny Stocks are on the verge of heating up and Penny Stocks start to get hot in the Winter. Penny Stocks to buy now that are high risk is what we cover on Moon Market. Under a penny stock Below a penny stock. Sub penny stock. Penny stock below a penny Penny stocks below a penny. Penny Stocks under a penny Penny stock to buy now.NEW ⚠️ $0.02 UNDERVALUED PENNY STOCK in a $539 Billion Market partnered w/ Microsoft👉 Discord, Alerts, 4500+ Moon Market community and Family: https://www.patreon.com/MoonMarket🔮¢.99 Moon Market channel Support/Emojis: https://www.youtube.com/channel/UCzUTeUSbbTBtj6cgoVaoSeg/join🟥 Subscribe to the Stock Channel here: https://www.youtube.com/c/MoonMarket?…​💡 All Social Media platforms: https://linktr.ee/MoonMarketChance for $2300 (WeBull):🚀 Stock Market Exchange (2 FREE Stocks valued up to $2300):https://act.webull.com/nt/zpUgHct6lC5o/pi4/inviteUs/mainFollow my Twitter for more updates on these Penny Stocks:🟦 Twitter: https://twitter.com/MoonMarket_⬜ StockTwits: https://stocktwits.com/MoonMarket_💰 TD Ameritrade, Charles Schwab, ETRADE, InteractiveBrokers and Fidelity are all good for Penny Stocks and OTC Stocks.penny stocks,penny stocks to buy now,penny stock,penny stocks to buy,undervalued penny stocks 2021,undervalued penny stocks,undervalued penny stocks to buy now,most undervalued penny stocks,how to find undervalued penny stocks,cybl stock,top penny stocks,best penny stocks,ilus stock,amlh stock,strong buy penny stocks,small cap stocks,crypto stock,best penny stocks to buy now,stocks to buy now,stock market,hcmc stock,best sub penny stocks,fern stock buy,stocks,stock,amc,fbstock,small cap stock,small cap penny stocks,buy penny stock,sub penny stocks,cybl stock,penny stocks to buy,penny stocks 2021,top penny stocks to buy now,stocks to buy,buy small cap stocks,cheap penny stocks,top stocks,mjwl stock stocks,best penny stocks to buy now,buy penny stock,stock market,penny stocks 2021,stocks to buy now,robinhood penny stocks,small cap penny stocks,best sub penny stocks,buy penny stocks,crypto penny stock,blockchain penny stock,cryptocurrency penny stock,crypto stocks,small cap penny stock,stock, penny stocks, penny stocks,penny stocks,penny stocks,penny stocks,penny stocks,penny stocks, penny stock, penny stock, penny stock, penny stock, penny stock, penny stock, penny stock, penny stock, penny stock, penny stock, penny stock to buy now, penny stock to buy now, penny stock to buy now, penny stock to buy now, penny stock to buy now, penny stock to buy now, penny stock to buy now, penny stocks to buy, penny stocks to buy, penny stocks to buy, penny stocks to buy penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stocks penny stock penny stock penny stock penny stock penny stock penny stock penny stock penny stock penny stock penny stock penny stock penny stock penny stock penny stock millionaire penny stock millionaire penny stock millionaire penny stock#pennystocks #pennystock #cybl

Categories
Investors

LIVE: Market Coverage: Monday December 13 Yahoo Finance [Video]

#bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed#YahooFinance #investing #stockmarket #bitcoin #cryptoGet the latest up-to-the-minute continuous stock market coverage and big interviews in the world of finance every Monday–Friday from 9 am to 5pm (ET).Stocks traded slightly lower Monday morning, with the S&P 500 steadying just below last week’s record level as traders awaited a Federal Reserve monetary policy decision later this week. The three major indexes were slightly in the red just after market open. U.S. crude oil prices dipped to trade near $71 per barrel. Treasury yields fell across the long end of the curve, and the benchmark 10-year yield held below 1.5%. Bitcoin prices ticked down to trade below $48,000. Shares of heavily weighted U.S. equity index component Apple (AAPL) added to gains to set a fresh all-time intraday high. The stock’s market capitalization inched near $3 trillion, and was within 2% of this level as of Friday’s close. Investors’ focus this week will be on the Federal Reserve’s December policy-setting meeting, which will take place between Tuesday and Wednesday. A new monetary policy statement and press conference with Fed Chair Jerome Powell are due mid-week, alongside the Fed’s updated Summary of Economic Projections charting out individual members’ outlooks for economic conditions and interest rates. Policymakers for other central banks are also set to meet this week, including those from the Bank of England and European Central Bank. The Fed’s decision has taken on additional significance as the market attempts to predict how policymakers will weigh persistently elevated inflation against the specter of a fresh wave of the coronavirus with the newly discovered Omicron variant. U.S. inflation rose at its fastest pace since 1982 in November, last week’s Consumer Price Index (CPI) showed, pointing to the ongoing mismatch between supply and demand in the recovering economy. On the virus front, the Omicron variant has so far been detected in 30 states, according to data compiled by the New York Times. Early data so far have suggested the variant is more transmissible than the earlier Delta variant, but may cause less severe disease and be able to be neutralized by a booster dose of the COVID-19 vaccine, according to Pfizer. On Monday, the World Health Organization said the Omicron variant remains a “very high” global risk, while underscoring that data on the severity of the disease is still limited. But against the backdrop of inflation and a firming economic recovery, the Fed is expected to announce an acceleration of its asset purchase tapering process at the close of this week’s meeting, dialing back one of the central bank’s key tools that had helped support the economy during the pandemic. “Both equity and fixed-income markets appear to be pricing the coming Fed tightening,” David Kostin, Goldman Sachs chief U.S. equity strategist, wrote in a note. The firm expects the Fed to double the pace of tapering at this week’s meeting, bringing the Fed’s monthly drawdown of Treasuries and agency mortgage-backed securities purchases to $30 billion per month versus the current rate of $15 billion. “Historical experience suggest equity valuations are typically flat around the first Fed hike,” Kostin added. “Moreover, some of the longest duration and highest valuation stocks plunged during the past month, suggesting that equity market pricing of Fed tightening is also under way.”For more on this article, please visit: https://finance.yahoo.com/news/stock-market-news-live-updates-december-13-2021-124506412.html