Markets slid after top economic advisor to the Trump Administration, Gary Cohn, resigned. This added to the concerns Wall Street already had on rising rates and the President's steel and aluminum tariffs. Lamar Villere, Portfolio Manager of the Villere Balanced Fund, was with us to discuss the state of the markets.
Trade war not good for business, but it's really bad for multi-national corporations. Villere added that small caps will be more shielded from a trade war because they are less exposed to international macroeconomic variables.
The portfolio manager said rising interest rates are a bigger risk for markets than the steel and aluminum tariffs. The reason is because it is too hard to predict how other countries will respond, Villere adds.
Villere is on ETF bubble watch, which he says is a crowded space. He warns that "you don't want to be in a crowded trade." He adds that these ETFs are not as diverse as people think.
Stocks fell after the opening bell on Tuesday morning as signs pointed to another losing session.
Bitcoin is once again having a moment. On Monday, the world's largest cryptocurrency soared past $41,000 for the first time in over a year and a half — and marking a 150% rise so far this year.
Tree farmers are raising prices for Christmas trees.
Analysis shows smaller businesses are hiring more people.
Applying for financial aid for college is a long process but there's a new streamlined application for federal student aid. Mark Kantrowitz, student loan expert, joined Cheddar News to explain the FAFSA form and what kind of changes are expected.
With all of the stress surrounding the holiday season with gift-buying and planning family gatherings, it could be a chaotic time for all members of your family, including pets. Cesar Milan and Michael Ehrman, co-founders of Halo Collar, joined Cheddar News to provide tips on how to keep your pets stress-free for the upcoming holiday season.
Going home for the holidays can be pretty expensive, especially if you're a student. Cheddar News senior reporter Michelle Castillo provided tips on how to save ahead of the holiday season.
Alaska Airlines is buying Hawaiian Airlines, stocks finished at their highest level on Friday and are on the way to concluding 2023 on a positive note as Bitcoin surged. And Spotify is laying off workers, again.
United Airlines has introduced a new self-serve snack bar on its flights allowing economy passengers to help themselves to free snacks instead of relying on a flight attendant to get them.
You might want to rethink your plan to get a big tax refund. Tax expert Karla Dennis explains.
