As the end of the year approaches, many investors are still questioning how 2024 will shape up considering ongoing and potential economic uncertainties. Some Wall Street experts believe that there will be a soft landing in 2024, while others believe there is hardship ahead. Charles Schwab Chief Investment Strategist Liz Ann Sonders is in the harsher economic camp, but indicates there is still hope on the horizon for the stock market. She joins Yahoo Finance to discuss the outlook for 2024, stating: "I think this is the time for discipline. Discipline, risk management, and it's about diversification and rebalancing — that's the best way to navigate an uncertain environment." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
November has come and gone but the equity gains may be here to stay. Yahoo Finance Markets Reporter Jared Blikre examines market indexes (^GSPC, ^DJI, ^IXIC) as an early Santa Claus rally pushes nearly all sectors higher to close out the month. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
MSCI's global stock index gained ground on Friday, while U.S. Treasury yields and the dollar were lower after Federal Reserve Chair Jerome Powell vowed to move "carefully" on interest rates. Treasury yields fell after Powell said the risks of hiking interest rates too much and slowing the economy more than necessary have become "more balanced" with the risks of not hiking enough to control inflation.