Hosts Madison Mills and Brad Smith dissect various market developments on today's Morning Brief.
The Federal Reserve will announce its interest rate decision later this afternoon. Yahoo Finance Fed Reporter Jennifer Schonberger analyzes current Wall Street expectations, while RBC Global chief economist Frances Donald explains why a Federal Reserve easing cycle might not be ideal in the current economic environment.
Baird Investment strategist Ross Mayfield addresses concerns about market concentration in the Magnificent Seven stocks, suggesting these worries may be overblown.
Meanwhile, Yahoo Finance correspondent Ben Werschkul reports on President Biden's recent comments regarding stock trading restrictions for lawmakers.
Today's episode reviews the following trending tickers: Honda (HMC), Tesla (TSLA), Boeing (BA), Birkenstock (BIRK), and General Mills (GIS).
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.
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This post was written by Angel Smith