Market Minutes Recap – Consumer Behavior is Shifting. Will the Fed Change Course?
Market volatility continued this week as the latest employment data release provided new insight into a US consumer that is facing crosscurrents in the economy. Listen in to the latest Key Wealth Matters podcast as our investing experts explain the “sea change” experienced in the markets this week and the implications for your portfolio. Finally, don’t miss the team’s forecast for future Federal Reserve rate hikes and why energy prices are expected to continue moving higher – including at the pump.
George Mateyo, Chief Investment Officer, KeyBank Investment Center
Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research, KeyBank Investment Center
Brian Pietrangelo, Managing Director of Investment Strategy, KeyBank Investment Center
Rajeev Sharma, Managing Director of Fixed Income, KeyBank Investment Center
Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research, KeyBank Investment Center
Brian Pietrangelo, Managing Director of Investment Strategy, KeyBank Investment Center
Rajeev Sharma, Managing Director of Fixed Income, KeyBank Investment Center
- 01:17 – Review of key economic indicators for the week
- 02:26 – Employment data release and implications for the economy
- 04:45 – Fed speak this week and forecast for future rate hikes
- 08:47 – Outlook on skyrocketing energy prices
- 12:12 – Read on the health of the consumer
- 15:03 – Commentary on Fed Chair Powell’s meeting with Biden