Yahoo Finance’s Latest Chartbook: Insights from Experts on the Market and Economy in 2024

Yahoo Finance’s latest Chartbook for January 2024 is packed with thirty-three charts from experts across the industry, providing valuable insights into the current state of the markets and the economy. Yahoo Finance had the opportunity to sit down with several of these experts to delve deeper into the stories behind the charts.

One of the key charts discussed in the Chartbook is Capital Economics Deputy Chief Economist Andrew Hunter’s inflation chart. Josh Schafer, a Yahoo Finance reporter, highlighted this chart, which compares core PCE year over year to the annualized six-month percentage change. This comparison sheds light on the current state of inflation and its implications for the economy.

eToro US Investment Analyst Callie Cox also shared her insights through a chart that compares large cap ETFs to small cap ETFs in the stock market. Cox noted that small caps are struggling to keep up with their larger counterparts but expressed optimism that as economic data improves, small caps will eventually catch up.

Another notable chart in the Chartbook was presented by Charles Schwab Chief Investment Strategist Liz Ann Sonders. Sonders’ chart focuses on the correlation between the S&P 500 and 10-year treasury yields, emphasizing the importance of diversifying investments to capitalize on opportunities in the market.

Sahm Consulting Founder Claudia Sahm introduced the “Sahm Rule,” a recession indicator that tracks the national unemployment rate. Sahm reassured investors by stating, “I’m very happy to report…we are not in a recession,” highlighting the current stability of the economy.

Josh Schafer also discussed the tightening economy, referencing a chart from Deutsche Bank Securities Chief US Economist Matthew Luzzetti on the real federal-funds rate. This chart underscores the impact of inflation on interest rates and the need for a cautious approach in the current economic environment.

In a video segment, Yahoo Finance’s Myles Udland, Seana Smith, and Josh Schafer introduced the new Chartbook, providing viewers with a comprehensive overview of the key charts and their implications. The experts’ insights and analysis offer valuable guidance for investors navigating the complexities of the market in 2024.

Overall, Yahoo Finance’s Chartbook serves as a valuable resource for investors, offering a diverse range of perspectives from industry experts. By examining these charts and understanding the stories they tell, investors can make informed decisions to navigate the ever-changing landscape of the financial markets.