As the war between Israel and Hamas escalates, investors' recession concerns are also ramping up. Fears of the war spreading to neighboring nations, which could cause more widespread conflict, have spilled into the market driving the S&P 500 lower last week. Yardeni Research President Ed Yardeni raised his odds of a recession to 35% on these geopolitical woes. Yahoo Finance Senior Columnist Rick Newman joins the Live show to break down what this means for investors and the world at large. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
As the war between Israel and Hamas escalates, investors' recession concerns are also ramping up. Fears of the war spreading to neighboring nations, which could cause more widespread conflict, have spilled into the market driving the S&P 500 lower last week. Yardeni Research President Ed Yardeni raised his odds of a recession to 35% on these geopolitical woes.
Yahoo Finance Senior Columnist Rick Newman joins the Live show to break down what this means for investors and the world at large.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Journal Editorial Report: The week's best and worst from Dan Henninger, Mary O’Grady and Kim Strassel. Images: Reuters/AFP/Getty Images/Bloomberg News Composite: Mark Kelly
Edmund Gomes, CIO at SGMC Capital, says he's staying on the sidelines when it comes to investing in China and urges for caution when investing in Japan. He discusses with Rishaad Salamat and Haidi Stroud-Watts on "Bloomberg Markets Asia".
(Bloomberg) -- Chevron Corp.’s acquisition of Hess Corp. does more than give it a stake in the world’s fastest-growing oil field off the coast of Guyana and shale assets in the Bakken basin of North Dakota. It also delivers a richly-valued oil independent. Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionTreasury 10-Year Yield Breaches 5% for First Time Since 2007Car Owners Fall
Rates on 30-year mortgages have dropped below the historic high they reached early last week, with averages for almost every mortgage type coming down as well.
The Israel Defense Forces released footage said to show commandos using its new “Iron Sting” weapon system against Hamas in one of its first known operational uses. The laser and GPS guided mortar is designed to hit targets in urban environments, according to its manufacturer Elbit Systems. Photo: Israel Defense Forces