Latest news with #SandyVillere
Bloomberg
22-05-2025
- Business
- Bloomberg
Bloomberg Businessweek Daily: A Weak Treasury Sale
Watch Carol and Tim LIVE every day on YouTube: Wall Street's worries about a ballooning deficit that threatens America's status as a safe haven were reflected in a $16 billion Treasury sale that saw lackluster demand - with stocks, bonds and the dollar falling. Treasuries got hit after a weak auction of 20-year bonds, whose 5% coupon rate was the highest since the tenor was reintroduced in 2020. Long-term debt bore the brunt of the selling, with 30-year yields jumping over 10 basis points. The equity market saw its worst session in a month, with the S&P 500's slide topping 1.5%. The greenback dropped against most major currencies. Bitcoin pared its advance, but was still set for a record. Traders have been piling into bets that long-term bond yields would surge on concerns over the US's swelling debt and deficits, with Moody's Ratings on Friday lowering the nation's credit score below the top triple-A level. For many, the message was: Unless America gets its finances in order, the perceived risks of lending to the government will rise. The White House amped up the pressure on Republicans on Wednesday urging lawmakers to quickly approve President Donald Trump's signature tax bill, adding that a failure to do so would be the 'ultimate betrayal.' Today's show features: Bloomberg News Rates Reporter Rates Reporter Michael Mackenzie Sandy Villere, Portfolio Manager for Villere & Co. Jenny Rooke, PhD, Founder and Managing Director of Genoa Ventures MP Materials Co-Founder, Chairman and CEO Jim Litinsky with Bloomberg News metals and mining reporter Joe Deaux
Yahoo
04-02-2025
- Business
- Yahoo
Avoid large-cap stocks and look to small and mid caps. Here's why.
Stock markets (^DJI, ^IXIC, ^GSPC) are losing ground following the Trump administration's confirmation of new tariffs on imports from Mexico, Canada, and China starting February 1. Villere & Co. Portfolio Manager Sandy Villere shares his investment strategy on Market Domination amid these trade developments. Villere recommends investors pivot toward domestic small (^RUT) to mid-cap (^SP400) companies. He explains that the inflationary nature of tariffs will likely strengthen the US dollar ( creating challenging conditions for large multinational corporations. "We want to be a little bit more defensive and buy what's cheap. So we're avoiding the larger-cap, very expensive technology stocks," he explains, adding, "When things are priced to perfection, it gets to be a challenge." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith Sign in to access your portfolio
