The U.S. economy is facing challenges from several headline events — including an imminent government shutdown and labor and energy pressures — while still facing down a possible recession. PIMCO Managing Director and Economist Tiffany Wilding joins Yahoo Finance Live to discuss the U.S. economy's outlook amid the multitude of headwinds. "The United States core PCE inflation was actually around 6% when the Fed started hiking interest rates," Wilding explains. "Looking back in time, when you've had rate hiking cycles that have started like that... it doesn't tend to end with the economy expanding — it tends to end unfortunately in some sort of recession. Now that recession could be mild." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The energy sector has been the best-performing market segment so far this month, with oil prices surging 30% over the past three months. Despite rising rates and recession fears, resilient crude oil prices have puzzled investors about what is sustaining the oil market as Saudi Arabian and Russian providers extend their production cuts. Yahoo Finance Live's Rachelle Akuffo and Akiko Fujita discuss the current factors that are impacting the success of the energy market while explaining the frenzy around oil investments. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
As the S&P 500 (^GSPC) is blindsided by a sell-off this week, JPMorgan analyst Marko Kolanovic — known as "Dr. Market" — is one of the bears standing firm at his 4,200 point target. Yahoo Finance Reporter Josh Schafer breaks down Kolanovic's market call and how JPMorgan is accounting for credit card and loan delinquencies amid higher interest rates held by the Fed. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.