• December 27, 2024

Housing market has supply issue, excess demand: Expert

Coldwell Banker Affiliates President Jason Waugh joins Wealth to discuss housing market dynamics heading into 2025. Waugh highlights continued growth in both pending and existing home sales data. "As inventory continues to grow ... certainly we expect affordability to ease," he tells Yahoo Finance. According to Waugh, the housing market faces a supply challenge rather than a demand issue. He emphasizes the need for "more stability" in interest rates, suggesting that once rates become "less volatile," the market will "adapt," leading to increased inventory and stronger consumer confidence. Currently, luxury buyers are dominating the market. Homes valued at $1 million or more experienced a 25% year-over-year increase in November. Waugh notes, "That community is certainly less dependent on the interest rates." To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

  • December 27, 2024

In 2025, 'last shall be the first': Materials, healthcare

Great Hill Capital chairman and managing member Thomas Hayes joins Catalysts to discuss his optimistic outlook for the healthcare (XLV) and materials (XLB) sectors in 2025. "I think the theme for 2025 is going to be: the last shall be first," Hayes tells Yahoo Finance. He notes that, while healthcare and materials delivered "anemic returns" in 2024, both sectors are projected to be among the top four for earnings growth in 2025, with expected earnings surpassing those of the S&P 500 (^GSPC). In healthcare, Hayes addresses investor concerns about Robert F. Kennedy Jr., who is set to lead the Health and Human Services Department under the Trump administration. Hayes believes these worries are overblown, suggesting it will create a "sell the rumor, buy the news" opportunity. Regarding materials, Hayes downplays tariff concerns, viewing them more as a "negotiating tactic." He recalls Trump's previous presidency, when he campaigned as "the tariff king," noting that, while materials initially sold off after his victory, the sector quickly rallied in 2017 after his inauguration. Hayes expects "more of the same thing" this time around. He names Albamarle Corporation (ALB) as one of the top players in the space. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith