Tariff uncertainty offers 1 big reminder to investors: Edward Jones CEO

Tariff uncertainty offers 1 big reminder to investors: Edward Jones CEO

Markets are having a terrible year, there is no other way to hide it. Once hot tech stocks like Tesla (TSLA) have turned into laggards and investors have rotated into defensive names in the healthcare and consumer staples space. Yahoo Finance Executive Editor Brian Sozzi talks with Edward Jones CEO Penny Pennington. Pennington joined Edward Jones as a financial advisor in 2000 just before the tech stock meltdown, rising the ranks to lead the financial services giant in 2019. It’s a critical time to be a leader atop a giant wealth manager. For starters, the new Trump administration has injected major volatility into all sorts of markets around the world. Stocks in the US have cratered, especially momentum names such as Nvidia (NVDA) and Palantir (PLTR). At the same time, baby boomers are reaching retirement age each day. That brings with it a host of new challenges from planning for post-work investing to transferring wealth to offspring. Pennington shares her perspective on these huge drivers of the wealth management industry. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Langston Sessoms Learn more about your ad choices. Visit megaphone.fm/adchoices

Episoder(251)

From crises to crashes with the Einstein of Wall Street

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Inside Amazon’s alleged toxic culture and its race to be a $10 trillion giant

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21 Jun 202425min

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If there has been any constant down the aisles of supermarkets and on the racks at clothing stores, it’s inflation. While inflation has started to cool down, the reality is that prices for stuff conti...

17 Jun 202425min

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Affirm founder and CEO Max Levchin is one of the preeminent tech entrepreneurs of the past 25 years. He worked alongside Silicon Valley heavyweights Peter Thiel, Reid Hoffman and Elon Musk to create P...

14 Jun 202425min

Fortune 500: still relevant 70 years on

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The Fortune 500 is one of the oldest lists published in the financial media space. The first Fortune 500 was published in May 1955, and was based on annual revenue figures. The top ten companies on th...

7 Jun 202425min

GameStop saga continues: SPECIAL REPORT

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In a special taping of Yahoo Finance’s ‘Opening Bid’, we explore how investors should go about investing in the polarizing company that is GameStop (and if they should at all!) and help break down the...

4 Jun 202425min

BONUS: What car does Ford CEO Jim Farley actually drive?

BONUS: What car does Ford CEO Jim Farley actually drive?

For some people, their job is just that. But for Ford CEO Jim Farley, his job is his whole world. A car guy through-and-through, he spends as much time on cars personally as he does professionally; wh...

4 Jun 20243min

Ford CEO on EVs, Detroit and texting Elon Musk

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