The Federal Reserve's higher for longer interest rates are forcing many investors to ask what's in store for the economy. Many financial experts debate whether or not a recession is imminent. GLOBALT Investments Senior Portfolio Manager Thomas Martin joins Yahoo Finance to break down what changes in interest rates and treasury yields mean for investors and the economy at large. “I put the odds of a recession [happening in the US] at about 50/50,' Martin asserts, adding: 'There's a lot more opportunities for something to break, which might also impact Fed policy.' For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
The Federal Reserve's higher for longer interest rates are forcing many investors to ask what's in store for the economy. Many financial experts debate. GLOBALT Investments Senior Portfolio Manager Thomas Martin joins Yahoo Finance to break down what changes in interest rates and treasury yields mean for investors and the economy at large.
Carlos Barria/ReutersRight-wing pundits and lawmakers are already rallying around the idea of former President Donald Trump as the next Speaker of the House following Rep. Kevin McCarthy’s shock ouster Tuesday. Conspiracy theorist Alex Jones, former Trump adviser Steve Bannon, and even the far-right cable network Newsmax all floated the idea of Trump taking over the role Tuesday evening, just minutes after McCarthy’s ejection from House leadership.
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