@joshschafer.bsky.social
I write about markets for Yahoo Finance.
https://finance.yahoo.com/author/josh-schafer/
https://finance.yahoo.com/author/josh-schafer/
For @yahoo-finance.bsky.social, 10 charts that explain the US economy and stock market in 2024 w/ @alliecanal.bsky.social:
finance.yahoo.com/news/10-char...
finance.yahoo.com/news/10-char...
December 30, 2024 at 12:05 PM
For @yahoo-finance.bsky.social, 10 charts that explain the US economy and stock market in 2024 w/ @alliecanal.bsky.social:
finance.yahoo.com/news/10-char...
finance.yahoo.com/news/10-char...
Throughout 2025 outlook roundtables, I asked equity strategists where they think the AI trade will head in 2025.
Story @yahoo-finance.bsky.social about why many are calling for the light blue line in the chart below to continue gaining steam.
Story @yahoo-finance.bsky.social about why many are calling for the light blue line in the chart below to continue gaining steam.
December 27, 2024 at 3:18 PM
Throughout 2025 outlook roundtables, I asked equity strategists where they think the AI trade will head in 2025.
Story @yahoo-finance.bsky.social about why many are calling for the light blue line in the chart below to continue gaining steam.
Story @yahoo-finance.bsky.social about why many are calling for the light blue line in the chart below to continue gaining steam.
Nvidia hasn't been a key driver in the Mag 7 rally to start December.
December 13, 2024 at 7:59 PM
Nvidia hasn't been a key driver in the Mag 7 rally to start December.
A massive move higher in the NFIB Small Business Optimism Index following Trump's win.
Large companies with significant revenue tied to small businesses has been an area strategist like Goldman Sachs' David Kostin have highlighted headed into 2025.
finance.yahoo.com/news/live/st...
Large companies with significant revenue tied to small businesses has been an area strategist like Goldman Sachs' David Kostin have highlighted headed into 2025.
finance.yahoo.com/news/live/st...
December 10, 2024 at 2:19 PM
A massive move higher in the NFIB Small Business Optimism Index following Trump's win.
Large companies with significant revenue tied to small businesses has been an area strategist like Goldman Sachs' David Kostin have highlighted headed into 2025.
finance.yahoo.com/news/live/st...
Large companies with significant revenue tied to small businesses has been an area strategist like Goldman Sachs' David Kostin have highlighted headed into 2025.
finance.yahoo.com/news/live/st...
A fun exercise from @bespokeinvest.bsky.social.
If Juan Soto put most of his earnings in a 60/40 portfolio his cash would grow to $814.6 million by 2039.
"If Soto were to put it all into the US stock market, based on annual returns over the last 50 years, he'd be at just over $1B by 2039."
If Juan Soto put most of his earnings in a 60/40 portfolio his cash would grow to $814.6 million by 2039.
"If Soto were to put it all into the US stock market, based on annual returns over the last 50 years, he'd be at just over $1B by 2039."
December 9, 2024 at 9:47 PM
A fun exercise from @bespokeinvest.bsky.social.
If Juan Soto put most of his earnings in a 60/40 portfolio his cash would grow to $814.6 million by 2039.
"If Soto were to put it all into the US stock market, based on annual returns over the last 50 years, he'd be at just over $1B by 2039."
If Juan Soto put most of his earnings in a 60/40 portfolio his cash would grow to $814.6 million by 2039.
"If Soto were to put it all into the US stock market, based on annual returns over the last 50 years, he'd be at just over $1B by 2039."
The S&P 500 and Nasdaq Composite fell about 0.6% on Monday, for their their worst one-day performance since Nov. 15. It's been a pretty good three-week stretch for stocks.
December 9, 2024 at 9:18 PM
The S&P 500 and Nasdaq Composite fell about 0.6% on Monday, for their their worst one-day performance since Nov. 15. It's been a pretty good three-week stretch for stocks.
Oppenheimer now with a street-high 7,100 call for the S&P 500 next year.
finance.yahoo.com/news/wall-st...
finance.yahoo.com/news/wall-st...
December 9, 2024 at 3:40 PM
Oppenheimer now with a street-high 7,100 call for the S&P 500 next year.
finance.yahoo.com/news/wall-st...
finance.yahoo.com/news/wall-st...
BofA: "SPX options are pricing just a 64bp move for this Wed, the smallest implied reaction to CPI since inflation picked up in 2021."
December 9, 2024 at 2:14 PM
BofA: "SPX options are pricing just a 64bp move for this Wed, the smallest implied reaction to CPI since inflation picked up in 2021."
There was a clear political divide in today's University of Michigan consumer sentiment survey.
Democrats see inflation rising to 3.2% in the next year while Republicans are much more optimistic, believing inflation will fall to 1.3% over the next year.
t.co/mnmja9iiTj
Democrats see inflation rising to 3.2% in the next year while Republicans are much more optimistic, believing inflation will fall to 1.3% over the next year.
t.co/mnmja9iiTj
December 6, 2024 at 5:21 PM
There was a clear political divide in today's University of Michigan consumer sentiment survey.
Democrats see inflation rising to 3.2% in the next year while Republicans are much more optimistic, believing inflation will fall to 1.3% over the next year.
t.co/mnmja9iiTj
Democrats see inflation rising to 3.2% in the next year while Republicans are much more optimistic, believing inflation will fall to 1.3% over the next year.
t.co/mnmja9iiTj
Respondents to the December UMich. Consumer Sentiment Survey are worried about higher prices.
December 6, 2024 at 3:04 PM
Respondents to the December UMich. Consumer Sentiment Survey are worried about higher prices.
Our @YahooFinance Chart of the Day: Other cryptocurrencies have been significantly outperforming bitcoin since the election.
After a year mainly led by bitcoin, it’s risk-on all over crypto.
After a year mainly led by bitcoin, it’s risk-on all over crypto.
December 6, 2024 at 1:06 PM
Our @YahooFinance Chart of the Day: Other cryptocurrencies have been significantly outperforming bitcoin since the election.
After a year mainly led by bitcoin, it’s risk-on all over crypto.
After a year mainly led by bitcoin, it’s risk-on all over crypto.
Stock market today: Nasdaq, Dow, S&P 500 hit records as tech surges, Fed's Powell says economy in 'remarkably good shape' via @yahoo-finance.bsky.social:
finance.yahoo.com/news/live/st...
finance.yahoo.com/news/live/st...
December 4, 2024 at 9:05 PM
Stock market today: Nasdaq, Dow, S&P 500 hit records as tech surges, Fed's Powell says economy in 'remarkably good shape' via @yahoo-finance.bsky.social:
finance.yahoo.com/news/live/st...
finance.yahoo.com/news/live/st...
Job openings rose more than expected in October while hires slipped lower and quits rate picked up for the first time in more than a year.
"Today’s report is yet another indication that labor demand is softening but not collapsing."
finance.yahoo.com/news/job-ope...
"Today’s report is yet another indication that labor demand is softening but not collapsing."
finance.yahoo.com/news/job-ope...
December 3, 2024 at 4:05 PM
Job openings rose more than expected in October while hires slipped lower and quits rate picked up for the first time in more than a year.
"Today’s report is yet another indication that labor demand is softening but not collapsing."
finance.yahoo.com/news/job-ope...
"Today’s report is yet another indication that labor demand is softening but not collapsing."
finance.yahoo.com/news/job-ope...
Good read on @yahoo-finance.bsky.social from @akikofujita.bsky.social on what mass deportations could mean for the labor market.
“The reason that it's disruptive is not simply because our economy relies on this labor; it's the abruptness of it."
finance.yahoo.com/news/us-labo...
“The reason that it's disruptive is not simply because our economy relies on this labor; it's the abruptness of it."
finance.yahoo.com/news/us-labo...
December 3, 2024 at 2:29 PM
Good read on @yahoo-finance.bsky.social from @akikofujita.bsky.social on what mass deportations could mean for the labor market.
“The reason that it's disruptive is not simply because our economy relies on this labor; it's the abruptness of it."
finance.yahoo.com/news/us-labo...
“The reason that it's disruptive is not simply because our economy relies on this labor; it's the abruptness of it."
finance.yahoo.com/news/us-labo...
BofA: The "American exceptionalism" trade is gaining momentum, driven by the potential return of "America First" policies under Trump 2.0...The 3-mo. correlation between SPX and USD has surged to the highest level since 2017."
December 3, 2024 at 2:27 PM
BofA: The "American exceptionalism" trade is gaining momentum, driven by the potential return of "America First" policies under Trump 2.0...The 3-mo. correlation between SPX and USD has surged to the highest level since 2017."
People are working hard these days!
BofA: "We think we're going back to more of that 80s, 90s type of market environment where productivity drives gains."
BofA: "We think we're going back to more of that 80s, 90s type of market environment where productivity drives gains."
December 2, 2024 at 5:40 PM
People are working hard these days!
BofA: "We think we're going back to more of that 80s, 90s type of market environment where productivity drives gains."
BofA: "We think we're going back to more of that 80s, 90s type of market environment where productivity drives gains."
Today’s @yahoo-finance.bsky.social Chart of the Day reminds us that, in markets, strength often begets strength.
Since 2000, every year the S&P 500 has risen more than 20% entering December, the index has rallied further to end the year, according to Carson Group's Ryan Detrick.
Since 2000, every year the S&P 500 has risen more than 20% entering December, the index has rallied further to end the year, according to Carson Group's Ryan Detrick.
December 2, 2024 at 1:45 PM
Today’s @yahoo-finance.bsky.social Chart of the Day reminds us that, in markets, strength often begets strength.
Since 2000, every year the S&P 500 has risen more than 20% entering December, the index has rallied further to end the year, according to Carson Group's Ryan Detrick.
Since 2000, every year the S&P 500 has risen more than 20% entering December, the index has rallied further to end the year, according to Carson Group's Ryan Detrick.
One clear takeaway from 2025 outlooks: Many economists aren’t anticipating a lot of Fed rate cuts.
Full story breaking down how economists are talking about the Fed’s path next year for @yahoo-finance.bsky.social.
finance.yahoo.com/news/wall-st...
Full story breaking down how economists are talking about the Fed’s path next year for @yahoo-finance.bsky.social.
finance.yahoo.com/news/wall-st...
November 29, 2024 at 2:50 PM
One clear takeaway from 2025 outlooks: Many economists aren’t anticipating a lot of Fed rate cuts.
Full story breaking down how economists are talking about the Fed’s path next year for @yahoo-finance.bsky.social.
finance.yahoo.com/news/wall-st...
Full story breaking down how economists are talking about the Fed’s path next year for @yahoo-finance.bsky.social.
finance.yahoo.com/news/wall-st...
Capital Economics on Trump's proposed tariffs: "The tariffs also trigger a resurgence in price inflation next year to around 3% although, since they amount to a step change in the price level, inflation should drop back in the second half of 2026."
November 27, 2024 at 5:48 PM
Capital Economics on Trump's proposed tariffs: "The tariffs also trigger a resurgence in price inflation next year to around 3% although, since they amount to a step change in the price level, inflation should drop back in the second half of 2026."
"Core PCE has been going sideways for the last couple of months," Paul Gruenwald, S&P Global Ratings global chief economist told Yahoo Finance. "If you think the fed is on a declining rate path, which we do, that's probably leaning toward the pause camp."
finance.yahoo.com/news/key-fed...
finance.yahoo.com/news/key-fed...
November 27, 2024 at 3:18 PM
"Core PCE has been going sideways for the last couple of months," Paul Gruenwald, S&P Global Ratings global chief economist told Yahoo Finance. "If you think the fed is on a declining rate path, which we do, that's probably leaning toward the pause camp."
finance.yahoo.com/news/key-fed...
finance.yahoo.com/news/key-fed...
Stock market today via @yahoo-finance.bsky.social: S&P 500, Dow notch fresh records as Wall Street shrugs off Trump's tariff threat.
finance.yahoo.com/news/live/st...
finance.yahoo.com/news/live/st...
November 26, 2024 at 9:05 PM
Stock market today via @yahoo-finance.bsky.social: S&P 500, Dow notch fresh records as Wall Street shrugs off Trump's tariff threat.
finance.yahoo.com/news/live/st...
finance.yahoo.com/news/live/st...
GS: "While delivering rate cuts that are already priced may only have a modest impact on aggregate growth, it should have a larger impact on spending and debt repayment rates by heavily indebted households and smaller businesses."
November 26, 2024 at 1:43 PM
GS: "While delivering rate cuts that are already priced may only have a modest impact on aggregate growth, it should have a larger impact on spending and debt repayment rates by heavily indebted households and smaller businesses."
Deutsche Bank sees S&P 7,000 next year.
"We see robust equity (and bond) inflows continuing, boosted by strong risk appetite, though are factoring in some slowing in the pace."
Full look at S&P 500 2025 targets tracked by @yahoo-finance.bsky.social below.
"We see robust equity (and bond) inflows continuing, boosted by strong risk appetite, though are factoring in some slowing in the pace."
Full look at S&P 500 2025 targets tracked by @yahoo-finance.bsky.social below.
November 25, 2024 at 8:43 PM
Deutsche Bank sees S&P 7,000 next year.
"We see robust equity (and bond) inflows continuing, boosted by strong risk appetite, though are factoring in some slowing in the pace."
Full look at S&P 500 2025 targets tracked by @yahoo-finance.bsky.social below.
"We see robust equity (and bond) inflows continuing, boosted by strong risk appetite, though are factoring in some slowing in the pace."
Full look at S&P 500 2025 targets tracked by @yahoo-finance.bsky.social below.
Barclays: "Over the last several decades, there is virtually no relationship between 2Y price return CAGR and SPX returns over the following year."
November 25, 2024 at 6:16 PM
Barclays: "Over the last several decades, there is virtually no relationship between 2Y price return CAGR and SPX returns over the following year."
RBC and Barclays both see the S&P 500 reaching 6,600 by the end of 2025.
Story @yahoo-finance.bsky.social on the key drivers these strategists are watching: finance.yahoo.com/news/sp-500-...
Story @yahoo-finance.bsky.social on the key drivers these strategists are watching: finance.yahoo.com/news/sp-500-...
November 25, 2024 at 3:53 PM
RBC and Barclays both see the S&P 500 reaching 6,600 by the end of 2025.
Story @yahoo-finance.bsky.social on the key drivers these strategists are watching: finance.yahoo.com/news/sp-500-...
Story @yahoo-finance.bsky.social on the key drivers these strategists are watching: finance.yahoo.com/news/sp-500-...