Artwork

Inhalt bereitgestellt von Andrew Rigo and Key Wealth Institute. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Andrew Rigo and Key Wealth Institute oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
Player FM - Podcast-App
Gehen Sie mit der App Player FM offline!

Market Minutes Recap - Market Update (Perspectives on the U.S. Leading Indicators, nonfarm payrolls, existing home sales, the Jackson Hole Symposium, the July FOMC meeting minutes, and the upcoming Key Wealth National Call)

24:40
 
Teilen
 

Manage episode 435794935 series 2815319
Inhalt bereitgestellt von Andrew Rigo and Key Wealth Institute. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Andrew Rigo and Key Wealth Institute oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into the U.S. Leading Indicators, nonfarm payrolls, existing home sales, the Jackson Hole Symposium, the July FOMC meeting minutes, and the upcoming Key Wealth National Call.

Speakers:
Brian Pietrangelo, Managing Director of Investment Strategy
Cindy Honcharenko, Director of Fixed Income Portfolio Management
Rajeev Sharma, Head of Fixed Income

02:19 - The US Leading Indicators released by The Conference Board showed the month of July was down and that was followed by a decline in June, as well

02:45 – The Bureau of Labor Statistics revised the Nonfarm Payroll report for the prior year by roughly 818,000 less

03:09 – Existing home sales grew 1.3% in July, halting the four-month sales decline which began in March

03:46 – The Federal Reserve Chair, Jerome Powell, spoke at the Jackson Hole Symposium just hours ago

04:53 – The Federal Open Market Committee (FOMC) released the meeting minutes from July’s meeting. The overall theme observed was wide support for a September rate cut as the inflation risk has diminished and the risks to the labor market have increased

06:38 – During Fed Chair Powell’s press conference this morning, he addressed changing the direction of monetary policy as inflation has eased, the job market is not overheated, and the global supply chain has normalized. However, for rate cuts, the Fed will depend on incoming data

08:33 – Fed Chair Powell seemed to have balanced and neutralized comments at his press conference this morning in regards to cutting rates by 25 basis points in September, but only if the data is encouraging

15:07 - Based on previous economic strategy, it seems that the Fed typically cuts rate by 25 basis points before it loosens or tightens its policies to not incite panic in the market. Even so, is the Fed too late to the game?

20:50 – Final comments highlighting the upcoming Key Wealth National Call Wednesday, September 4th at 1:00pm EST.

Additional Resources

Key Questions: "You're Killin' Me Smalls!" Will Small Caps Ever Outperform Again | Key Private Bank

Key Questions | Key Private Bank
Subscribe to our Key Wealth Insights newsletter

Economic & Market Research
Weekly Investment Brief
Follow us on LinkedIn

  continue reading

144 Episoden

Artwork
iconTeilen
 
Manage episode 435794935 series 2815319
Inhalt bereitgestellt von Andrew Rigo and Key Wealth Institute. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Andrew Rigo and Key Wealth Institute oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into the U.S. Leading Indicators, nonfarm payrolls, existing home sales, the Jackson Hole Symposium, the July FOMC meeting minutes, and the upcoming Key Wealth National Call.

Speakers:
Brian Pietrangelo, Managing Director of Investment Strategy
Cindy Honcharenko, Director of Fixed Income Portfolio Management
Rajeev Sharma, Head of Fixed Income

02:19 - The US Leading Indicators released by The Conference Board showed the month of July was down and that was followed by a decline in June, as well

02:45 – The Bureau of Labor Statistics revised the Nonfarm Payroll report for the prior year by roughly 818,000 less

03:09 – Existing home sales grew 1.3% in July, halting the four-month sales decline which began in March

03:46 – The Federal Reserve Chair, Jerome Powell, spoke at the Jackson Hole Symposium just hours ago

04:53 – The Federal Open Market Committee (FOMC) released the meeting minutes from July’s meeting. The overall theme observed was wide support for a September rate cut as the inflation risk has diminished and the risks to the labor market have increased

06:38 – During Fed Chair Powell’s press conference this morning, he addressed changing the direction of monetary policy as inflation has eased, the job market is not overheated, and the global supply chain has normalized. However, for rate cuts, the Fed will depend on incoming data

08:33 – Fed Chair Powell seemed to have balanced and neutralized comments at his press conference this morning in regards to cutting rates by 25 basis points in September, but only if the data is encouraging

15:07 - Based on previous economic strategy, it seems that the Fed typically cuts rate by 25 basis points before it loosens or tightens its policies to not incite panic in the market. Even so, is the Fed too late to the game?

20:50 – Final comments highlighting the upcoming Key Wealth National Call Wednesday, September 4th at 1:00pm EST.

Additional Resources

Key Questions: "You're Killin' Me Smalls!" Will Small Caps Ever Outperform Again | Key Private Bank

Key Questions | Key Private Bank
Subscribe to our Key Wealth Insights newsletter

Economic & Market Research
Weekly Investment Brief
Follow us on LinkedIn

  continue reading

144 Episoden

Minden epizód

×
 
Loading …

Willkommen auf Player FM!

Player FM scannt gerade das Web nach Podcasts mit hoher Qualität, die du genießen kannst. Es ist die beste Podcast-App und funktioniert auf Android, iPhone und im Web. Melde dich an, um Abos geräteübergreifend zu synchronisieren.

 

Kurzanleitung