100th Episode of Market Minutes Recap - Market Update (Perspectives on unemployment claims, the third quarter 2023 GDP advance estimate, corporate revenues and earnings, next week's FOMC meeting, and helpful investing principles)

In this week's 100th episode of 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 unemployment claims, the third quarter 2023 GDP advance estimate, corporate revenues and earnings, expectations for next week's FOMC meeting, and helpful investing principles. 

Speakers:
Brian Pietrangelo, Managing Director of Investment Strategy
George Mateyo, Chief Investment Officer
Rajeev Sharma, Head of Fixed Income
Stephen Hoedt, Head of Equities
 
02:20 - As the job market remains resilient, unemployment claims remain low sitting at 210,000 claims
02:44 - The third quarter advance estimate for GDP came in at a 4.9% annualized rate. In addition to the growth rate being higher than expected, it was more than double growth in the second quarter
07:45 - As we move closer to the end of earnings season, we can anticipate to see year-over-year growth in both revenues and earnings
09:59 - Predictions on next week's FOMC meeting, as we anticipate the Fed will keep rates unchanged due to geopolitical risks, the recent surge in rates, the European Central Bank (ECB) pause, and the Core PCE price index coming in softer than expected
13:04 - Comments on this week's slowdown of new issuance of corporate bonds as we experience the slowest October in the last decade
14:27 - Wrapping up our 100th episode, the team reflects on their favorite, helpful investing principles they have utilized within their careers 

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