A new frontier in the stock market is taking shape as high volatility and higher for longer interest rates are forming a litany of new opportunities for investors. BlackRock Global Chief Investment Strategist Wei Li joins Yahoo Finance to discuss this new landscape and what investors need to keep an eye out for.Interest rates may get cut in the second quarter of 2024, however, they still may not be enough to curb an economic slowdown.Take advantage of trends overtaking the investment landscape.
The Nasdaq led losses as rising Treasury yields piled on pressure and investors got a reminder not to expect a Fed rate cut any time soon. -- A Bank of Canada official said there’s a risk firms will continue to raise prices more frequently and more sharply, complicating efforts to bring inflation back to 2%.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonKey Taiwan Tech Firms Helping Huawei With China Chip PlantsAirbnb Is Fundamentally Broken, Its CEO Says.
However, Ackman — who is worth $3.6 billion as of Sunday — told the WSJ he doesn't know if X is interested, or if the deal is doable.
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