Paige Bueckers on managing and building wealth in college through NIL deals
Yahoo Sports basketball analyst Isis "Ice" Young is joined by University of Connecticut guard Paige Bueckers on behalf of Intuit to discuss how NIL deals are changing the landscape of women's collegiate sports.
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A gauge of projected correlation for the 50 largest S&P 500 constituents in the next three months is hovering near the lowest level since February, when the stock market posted its last record, signaling that equities are expected to move more according to their own tunes than to macroeconomic headlines. It's been a weird time for trading stocks. The usual catalysts aren't working as expected, and moves in either direction are historically muted. The S&P 500 hasn't risen or fallen more than 0.6% in 11 of the past 13 sessions through Friday, a development not seen since December, according to data compiled by Bloomberg. 'Sell The News' A new high on the S&P 500 looked like a cinch this week before fighting in the Middle East escalated Thursday evening. Soft consumer price index and producer price index readings pointed to inflation that's under control. Treasury auctions were strong. And the US and China de-escalated trade tensions. 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Their cumulative selling through this point in the year is the most in the bank's data history going back to 2008. 'It's a case of 'buy the rumor, sell the news,' and in this market's case, it has bought every positive rumor out there — trade, inflation, economy, earnings, and artificial intelligence,' said Sameer Samana, head of equities and real assets at Wells Fargo Investment Institute. 'Now, it seems like you're entering the 'sell the news' phase.' Meanwhile, the lack of clarity from Washington is keeping even potentially bullish large investors from buying in at these prices. Big money managers are historically underweight stocks — their overall equity positioning has been lower than this only 28% of the time since 2010, according to Deutsche Bank AG. 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