Here's why the Fed's rate hike was a mistake: Wealth advisor

Ben Barzideh, wealth advisor at Piershale Financial Group, talks to Yahoo Finance's Julie Hyman, Adam Shapiro and Dan Roberts about why the Federal Reserve has made a mistake.

Recommended Stories

  • Amanda Nunes reigns in a league of her own as UFC's only dual champion

    Doubting Nunes at this point is as foolhardy as doubting Tom Brady in the Super Bowl or Stephen Curry at the free-throw line.

  • A win over Dominick Cruz at UFC 259 is crucial for Casey Kenney’s bantamweight rise

    While 2020 was by no means perfect for bantamweight Casey Kenney, it was nonetheless a very fruitful year for him. Most importantly for Kenney, he was able to stay busy in 2020, picking up three wins in four fights, making for an impressive 5-1 start to his UFC career. “2020 wasn’t everybody’s year, but it was one of my better years,” Kenny told MMAWeekly.com. “It got me in a position where I want to be in the fight game. “I got some money in my pocket and gained some new fans; things I wanted to get done in this sport I did in 2020.” While some might look at a loss as a bad thing, Kenney views it as an opportunity to show his skill set. “I had my first loss in the UFC to start off in 2020, and everybody wants to see how you respond off a loss and I responded really well,” said Kenney. “The whole Fight Island thing was pretty cool too, fighting close back to back, and I got my first finish versus (Louis) Smolka as well. I went through a lot in 2020 and it was all good stuff.” This Saturday in Las Vegas, Kenney (16-2-1) will look to take another step forward in his career when he faces Dominick Cruz (22-3) in a UFC 259 preliminary 135-pound bout. TRENDING > Khamzat Chimaev says he’s done; Chechen leader and Dana White say he’s not retiring “To be a champion you have to beat former champions, and Dominick Cruz is a great place to start,” Kenney said. “He’s a legend in this sport, but I think this is my time, and hopefully we’ll see it very soon. “I’m fully prepared and time will tell out there, but Dominick Cruz is a huge test and I don’t want to look past him.” With how deep the 135-pound weight class is in the UFC, Kenney knows he’s going to have to do something to stand out amongst the pack to get to the top of the ladder. With that being said, he’s looking to make Saturday’s bout a springboard for his case to move closer to title contention. “This (fight) is what I’m focused on right now, but I do plan on getting in a couple more fights this year afterwards,” said Kenney.” “Bantamweight is one of the hottest divisions right now, so I’m going to need to put together a handful of wins to get that title shot. Dominick Cruz is a huge step in that direction, and I think that will help me get the fights I need to get that title shot, maybe later this year.” Patricio Pitbull issues million dollar challenge to Dana White to beat Conor McGregor (Subscribe to MMAWeekly.com on YouTube)

  • Report: Rob Gronkowski will coach against Tedy Bruschi in Arizona's spring football game

    The two former Wildcats will oppose each other on March 23.

  • TB12 method includes Tom Brady giving QBs like Russell Wilson, Deshaun Watson sense of emboldenment

    The NFL QB carousel is spinning like perhaps never before and Brady’s fingerprints are everywhere.

  • Golf: Slumping Fowler in battle to keep major streak alive

    Rickie Fowler heads into this week's Arnold Palmer Invitational seeking a long-awaited return to form that would do wonders for his bid to extend a streak of 41 consecutive major appearances. Fowler, who is 65th in the world rankings and without a top-10 finish since January 2020, can keep his major streak alive by winning a PGA Tour event ahead of the April 8-11 Masters or by getting back into the top 50. That could prove a daunting task given that Fowler, a five-times winner on the PGA Tour who was once ranked fourth in the world, has missed the cut in 10 of his last 25 starts.

  • Ronaldo eyes first Serie A top scorer prize after latest goal landmark

    The Portuguese forward guided a composed finish past Spezia goalkeeper Ivan Provedel in a 3-0 Serie A win for the Italian champions to mark the 600th league appearance of his career in typical fashion. He has now hit the 20-goal mark in every season since his debut campaign at Real Madrid in 2009-10, with his highest tally coming in 2014-15 when he scored 48 goals in 35 La Liga games for the Spanish club. The 36-year-old is currently two goals clear of Inter Milan's Romelu Lukaku at the summit of the Serie A scoring charts as he targets his first 'capocannoniere' crown in Italy.

  • LeBron James to sit Wednesday at Sacramento

    LeBron James is getting a game off after starting the first 36 for the Los Angeles Lakers this season. James is out for Wednesday night's game against the Sacramento Kings. James did not travel with the team after a loss to the Phoenix Suns on Tuesday and is getting a few days away from the team before heading to Atlanta for the 2021 NBA All-Star Game festivities.

  • Retired or not, Khamzat Chimaev's health is the only thing that matters

    Khamzat Chimaev has been suffering from the aftereffects of COVID-19 and announced his retirement from MMA on Monday.

  • Nikola Jokic records 50th career triple-double, joining Wilt Chamberlain as only centers to do so

    Nikola Jokic needed just 416 games to card his 50th triple-double, hundreds of games faster than it took Wilt Chamberlain.

  • Hawks fire head coach Lloyd Pierce

    The Atlanta Hawks fired head coach Lloyd Pierce after two-plus seasons, the team announced Monday. Pierce, hired in May 2018, went 63-120 in 183 games. The Hawks are currently 14-20 and sit in 11th place in the Eastern Conference standings.

  • Kyle Van Noy 'disappointed' over pending Dolphins exit 1 year after signing $51M deal

    Van Noy's reunion with head coach Brian Flores is over after one season.

  • Fantasy Baseball Outfield Shuffle Up: Tiered draft rankings

    Scott Pianowski continues his Shuffle Up tiered rankings series with one of the deepest positions in fantasy baseball: The outfield.

  • James Harden greeted with boos, cheers, logs another triple-double in return to Houston

    The fan reaction to Harden's Houston return was less positive than the official team welcome.

  • Dear Steelers: If you only commit to one thing this season, let it be this

    If Ben Roethlisberger is to go out with his head held high, the organization needs to lend him a helping hand.

  • Report: Lakers, Clippers, Nets, Warriors, Heat and Trail Blazers interested in Blake Griffin after buyout

    The Blake Griffin sweepstakes are open.

  • Here's how Jaylen Brown reacted to LeBron James calling him 'underappreciated'

    Boston Celtics guard Jaylen Brown received a special compliment from Los Angeles Lakers superstar LeBron James during the NBA All-Star Draft on Thursday night.

  • NBA rumors: One East contender in the lead for Blake Griffin after Pistons release

    The next month will re-shape plenty of rosters around the NBA, and one intriguing move in the East could end up impacting the Sixers' postseason hopes. By Adam Hermann

  • England spin bowler Bess 'chucked under the bus', says Harmison

    Former paceman Steve Harmison said Dom Bess had been "chucked under the bus" by England after the off-spinner struggled against India during the fourth Test in Ahmedabad on Friday.

  • Bruins' Brad Marchand sounds off on Capitals' Tom Wilson's hit on Brandon Carlo

    Brad Marchand used multiple curse words to describe Tom Wilson's brutal headshot on Brandon Carlo in Friday night's Bruins-Capitals game.

  • UFC 259 weigh-in results: Israel Adesanya comes in light for chance to be champ-champ

    Saturday's championship heavy fight card is set now that the UFC 259 weigh-in results are official. All three title fights got the green light on Friday with all six athletes in the championship bouts stepping on the scale within the first 25 minutes of the two-hour weigh-in window. While UFC light heavyweight champion Jan Blachowicz weighed in at 205 pounds on the nose, the top end of the limit, his opponent took a remarkedly different approach. When most fighters get as big as possible and then have a drastic weight cut during fight week, middleweight champ Israel Adesanya didn't follow the norm. He stepped on the scale at 200.5 pounds, pizza box in hand, in his quest to become a two-division champion. The UFC 259 co-main event features double-champ Amanda Nunes putting her featherweight title on the line against Megan Anderson. Nunes was first to the scale on Friday, weighing 145 pounds. Anderson was the last title fight athlete to the scale, weighing 144.5 pounds for the title tilt. The third championship bout on the UFC 259 fight card features bantamweight titleholder Petr Yan making the first defense of his belt. He'll square off against No. 1 contender Aljamain Sterling after both easily made weight. Yan tipped the scale at 135 pounds; Sterling at 134.5 pounds. Askar Askarov misses weight for UFC 259 All but two fighters weighed in during the first 30 minutes of the two-hour window. Askar Askarov and Kennedy Nzechukwu had yet to weigh in with one hour and 30 minutes left. Askarov took to the scale with about an hour left during the weigh-in window. He missed weight by one pound, weighing 127 pounds for his flyweight fight with Joseph Benavidez. If Benavidez's team agrees to the bout, Askarov would likely forfeit 20 percent of his fight purse to Benavidez to keep the bout intact. Nzechukwu was the final fighter scheduled on the card to the scale, making weight for his bout with just under an hour left during the weigh-in window. Glover Teixeira makes weight as UFC 259 main event back-up Light heavyweight contender Glover Teixeira stepped on the scale after Nzechukwu, weighing 204.5 pounds. He will serve as an emergency back-up if anything happens to either of the UFC 259 main event fighters. It's not often that a fighter pulls out after weigh-ins, although it has become a bigger concern during the pandemic, as COVID-19 protocols have forced several fighters out on the day of the event. TRENDING > Dana White says UFC will be first to open up to Texas crowds UFC 259 weigh-in results UFC 259 weigh-in results: Israel Adesanya (200.5 pounds) UFC 259 Main Card (10p ET on ESPN+ Pay-Per-View) Main Event - Light Heavyweight Title Bout: Jan Blachowicz (205) vs Israel Adesanya (200.5)Co-Main Event - Women’s Featherweight Title Bout: Amanda Nunes (145) vs Megan Anderson (144.5)Bantamweight Title Bout: Petr Yan (135) vs Aljamain Sterling (134.5)Lightweight Bout: Islam Makhachev (156) vs Drew Dober (156)Light Heavyweight Bout: Thiago Santos (206) vs Aleksandar Rakic (206) UFC 259 Prelims (8p ET on ESPN and ESPN+) Bantamweight Bout: Dominick Cruz (136) vs Casey Kenney (136)Bantamweight Bout: Song Yadong (135.5) vs Kyler Phillips (136)Flyweight Bout: Joseph Benavidez (125.5) vs Askar Askarov (127)Flyweight Bout: Rogerio Bontorin (126) vs Kai Kara-France (125.5) UFC 259 Early Prelims (5:30p ET on ESPN+ and UFC Fight Pass) Flyweight Bout: Tim Elliott (125.5) vs Jordan Espinosa (126)Light Heavyweight Bout: Kennedy Nzechukwu (205.5) vs Carlos Ulberg (205)Welterweight Bout: Sean Brady (170.5) vs Jake Matthews (169.5)Women’s Strawweight Bout: Livinha Souza (116) vs Amanda Lemos (116)Lightweight Bout: Uros Medic (156) vs Aalon Cruz (155)Bantamweight Bout: Mario Bautista (135.5) vs Trevin Jones (134.5) UFC 259 weigh-in video: Israel Adesanya comes in light for shot at Jan Blachowicz (Subscribe to MMAWeekly.com on YouTube) UFC 259 weigh-in video: Amanda Nunes vs. Megan Anderson (Subscribe to MMAWeekly.com on YouTube) UFC 259 weigh-in video: Petr Yan vs. Aljamain Sterling (Subscribe to MMAWeekly.com on YouTube)