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☆ Many applauded the Biden-Xi meeting, but one strategist is skeptical about what it means for trade
▼ + stars: | 2022-11-15 | by ( Jihye Lee | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden meets Chinese President Xi Jinping on the sidelines of the G-20 leaders' summit in Bali, Indonesia, on Nov. 14, 2022. But it's unlikely that trade tensions between the two superpowers will see concrete improvement anytime soon, according to BMO Wealth Management. "I wouldn't expect any easing at all," Yung-yu Ma, the firm's chief investment strategist, told CNBC's "Squawk Box Asia," adding that trade ties are, on the contrary, likely to deteriorate. He expects the U.S. to announce even more measures on top of the the recently imposed chip export restrictions to China. "I do think the trend is for actually increasing technology restrictions and export restrictions," he said.

☆ Watch CNBC's full interview with BMO's Yung-Yu Ma
▼ + stars: | 2022-11-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with BMO's Yung-Yu MaBMO Chief Investment Strategist Yung-Yu Ma joins 'TechCheck' to discuss investment strategies for tech, finding stability in portfolios and broad platform player's resilience against consolidation.

☆ A 2-pronged portfolio approach for stability makes sense in today's market, says BMO's Yung-Yu Ma
▼ + stars: | 2022-11-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA 2-pronged portfolio approach for stability makes sense in today's market, says BMO's Yung-Yu MaBMO chief investment strategist Yung-Yu Ma joins 'TechCheck' to discuss investment strategies for tech, finding stability in portfolios and broad platform player's resilience against consolidation.

☆ 3 Wall Street experts share what to do with your money now as cooling inflation has investors hopeful for a Fed pivot
▼ + stars: | 2022-11-12 | by ( William Edwards | ) www.businessinsider.com time to read: +4 min

The S&P 500 jumped 5.5% on Thursday on news of cooling inflation. Investors are hoping the Fed will back off of hawkish policy sooner than they say. The SPDR S&P 500 Trust (SPY) offers exposure to the S&P 500 index. "Investors should take steps to ensure that their portfolio is positioned for a global recession, as the stock market still isn't pricing in this global recession risk," Landsberg said. We are bearish on the sectors that we think will do poorly in a global recession such as tech and discretionary."

☆ Premarket stocks: Wall Street picks hope over reality after inflation report
▼ + stars: | 2022-11-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN Business —Stocks surged on Thursday in their best day since 2020 after a key inflation indicator came in softer than expected. Investors broke out their party hats as they interpreted the report to mean that peak inflation may finally be behind us. Crypto-advocates were hoping that rising interest and inflation rates would drive investors away from the dollar and into alternative assets like gold and Bitcoin. Then, central banks started raising rates to fight inflation, and the dollar strengthened significantly, seducing investors as the ultimate safe haven. Mortgage rates have risen throughout most of 2022, spurred by the Federal Reserve’s regime of interest rate hikes.

☆ 3 Markets rejoice after surprisingly cool inflation report
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: +9 min

YUNG-YU MA, CHIEF INVESTMENT STRATEGIST, BMO WEALTH MANAGEMENT, CHICAGO“The better-than-expected CPI numbers are welcome but show a lot of underlying volatility. What Powell said is that we are going to need a few more reads on good CPI data before he can say we’re done." Shelter is the main contributor to inflation and everyone should know by now that it’s a garbage indicator of where inflation is headed. ART HOGAN, CHIEF MARKET STRATEGIST, B. RILEY WEALTH, NEW YORK"A softer than expected inflation report is acting as a tailwind for markets. “The good news is that we saw a significant sequential improvement, inflation is clearly moving in the right direction.

☆ What rising interest rates mean for your credit, loans, savings and more
▼ + stars: | 2022-11-02 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +11 min

“Interest rates have increased at the fastest pace in 40 years,” said Greg McBride, chief financial analyst at Bankrate.com. They’re offering far higher rates – with some topping 3% currently – and have been increasing them as benchmark rates go higher. At the most recent auction in October, for instance, the 5-year TIPS had an interest rate of 1.625%. Home loans: Lock in fixed rates nowMortgage rates have been rising over the past year, jumping more than three percentage points. That said, “don’t jump into a large purchase that isn’t right for you just because interest rates might go up.

☆ Wall Street Week Ahead: Megacap earnings to test fledgling U.S. stock rebound
▼ + stars: | 2022-10-21 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

Top stocks' market value as percentage of S&P 500The S&P 500 is up nearly 5% from its Oct 12 closing low for the year after posting its biggest weekly gain since late June. Even with stocks' latest rebound, the index has dropped 21% so far in 2022, on track for its biggest decline since 2008. Yields continued to rise this week, with the yield on the benchmark 10-year Treasury note hitting a fresh 14-year high. All four stocks command higher valuations than the S&P 500, which trades at nearly 16 times forward earnings estimates. The P/Es for Apple and Microsoft are both about 22 times, Alphabet trades at 17.5 times, while Amazon sits at 60 times, according to Refinitiv Datastream.

☆ Watch CNBC's full interview with BMO Wealth Management Chief Investment Strategist, Yung-Yu Ma
▼ + stars: | 2022-10-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with BMO Wealth Management Chief Investment Strategist, Yung-Yu MaBMO Wealth Management Chief Investment Strategist Yung-Yu Ma joins 'TechCheck' to discuss markets contending with a macro overhang, timing the tech inventory cycle and prospects for government spending on technology.

☆ The latest inflation report was the worst-case scenario for Biden, the Fed, and the stock market
▼ + stars: | 2022-10-14 | by ( Ben Winck | ) www.businessinsider.com time to read: +6 min

The White House could suffer ahead of midterms while Fed tightening could continue to affect stocks. But the September inflation report was crystal-clear in showing trouble ahead. For the stock market, the prospect of further Fed tightening is a major headwind with indexes already near 2022 lows. "Slowing growth yet rising inflation — the combination none of us, and least of all the Fed, want to see." Worse-than-expected inflation endangers Democrats' already-shaky election hopesThe Thursday report was the last opportunity for Democrats to win a surprise inflation cooldown they could campaign on through Election Day.

☆ What rising interest rates mean for you
▼ + stars: | 2022-09-21 | by ( Jeanne Sahadi | Cnn Business | ) edition.cnn.com time to read: +11 min

"Credit card rates are the highest since 1995, mortgage rates are the highest since 2008, and auto loan rates are the highest since 2012. Here are a few ways to situate your money so that you can benefit from rising rates, and protect yourself from their downside. "Less debt and more savings will enable you to better weather rising interest rates, and is especially valuable if the economy sours." That said, "don't jump into a large purchase that isn't right for you just because interest rates might go up. "It's not just rising rates and inflation, there are geopolitical concerns going on... And we have a slowdown that may lead to a recession or maybe it won't...

☆ What rising interest rates mean for your credit, loans, saving and more
▼ + stars: | 2022-09-21 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +11 min

“Credit card rates are the highest since 1995, mortgage rates are the highest since 2008, and auto loan rates are the highest since 2012. Home loans: Lock in fixed rates nowMortgage rates have been rising over the past year, jumping more than three percentage points. That said, “don’t jump into a large purchase that isn’t right for you just because interest rates might go up. For example, financial service companies can do well in a rising rate environment because, among other things, they can make more money on loans. Bonds: Go shortTo the extent you already own bonds, the prices on your bonds will fall in a rising rate environment.

☆ How to take advantage of rising interest rates
▼ + stars: | 2022-07-27 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +10 min

Here are a few ways to situate your money so that you can benefit from rising rates, and protect yourself from their downside. Otherwise, any remaining balance will be subject to a new interest rate that could be higher than you had before if rates continue to rise. Home loans: Lock in fixed rates nowMortgage rates have been rising over the past year. That said, “don’t jump into a large purchase that isn’t right for you just because interest rates might go up. Bonds: Go shortTo the extent you already own bonds, the prices on your bonds will fall in a rising rate environment.

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