End of Week Market Minutes Recap – Jay Powell’s Congressional Testimony and the Outlook for Investors

It’s the end of an unprecedented and challenging week in the markets. Federal Reserve Chairman, Jerome (Jay) Powell delivered congressional testimony, which in a first, moved beyond a signal and stated unequivocally the need for Federal Reserve (Fed) action. All eyes are looking to the Fed as the growth story for the US and the world begins to come under pressure from the severe humanitarian crisis in Ukraine. Join our latest edition of the Key Wealth Matters Podcast as our KeyBank Investment Center experts take a data-driven approach to distill pertinent insights from the week to inform your investment strategies.
Speakers:
Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research
George Mateyo, Chief Investment Officer, KeyBank Investment Center
Brian Pietrangelo, Managing Director of Investment Strategy, KeyBank Investment Center
Rajeev Sharma, Managing Director of Fixed Income, KeyBank Investment Center

  • 01:05 – Economic data supports strong fundamentals with 93% of world economies growing.
  • 04:22 – What Federal Reserve Chairman Jay Powell’s congressional testimony means for inflation and the economy. 
  • 06:06 – Tremendous yield curve swings, and increased volatility, particularly for commodities impacts the market.
  • 11:50 – The Russian-Ukraine conflict’s impact on global markets and investors.
  • 14:20 – Chief Investment Officer George Mateyo’s thoughts on the long-term outlook for investors. 

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