Millennials have poured over $500 billion into the housing market over the past year...but what caused this boom? Ed Groshans, Senior Financial Services Analyst at Height Securities joins Your Future Home to discuss where the trend is going and what benefits it's creating along the way.
Groshans says the new tax plan and decreasing unemployment numbers are putting more money into the pockets of young adults. Plus, because millennials are getting married and having kids later in life they are more financially savvy and have saved for a mortgage, home repairs, etc.
He also talks about getting into the housing market while the interest rates are down. He predicts we'll see an upswing in rates over the next few years so it would be smart to get in now.
Morgan Stanley reported a beat on its Q4 with $2.01 per share versus an estimated $1.91. The investment banking company's earnings were up about 9.2 percent from the year before.
Grant Feek, CEO of Tred, discusses the ways accepting crypto impacts the peer-to-peer used car industry and how using digital assets aids in fraud prevention among individuals.
In what could be the biggest deal in video games history, Microsoft's purchase of Activision Blizzard underlines the company's aggressive push in gaming and beyond into its long-term vision of being top dog in the metaverse. Adam Hollander, former director of gamification at Microsoft and founder of Hungry Wolves NFT, joined Cheddar's Opening Bell to discuss. “Microsoft always plays chess, not checkers," he said, describing the price tag as an opportunity cost. "It's about integrating Activision Blizzard in with Azure and Windows and Xbox and Hololens and Minecraft and everything else that they're doing for the inevitable goal of being the major player in the next phase of the internet."
Jason Moser, a senior analyst at the Motley Fool, breaks down Unilever's expansion into healthcare and outlines the challenges the company faces gaining market share in this field.
Rhys Williams, Chief Strategist at Spouting Rock Asset Management, breaks down what to expect ahead of big banks Q4 earnings and highlights areas of the tech sector with potential growth.
Anu Gaggar, Global Investment Strategist for Commonwealth Financial Network, breaks down the headwinds facing Banks and spotlights industries with potential growth.
Mark DeCambre, Markets Editor at MarketWatch, discusses the factors impacting bank profitability and highlights industries within tech that are showing signs of growth.
