Market Minutes Recap – Econ Data (JOLTS, Beige Book, U/E, Jobs Data), Powell Testimony, Yields Falling, & Banking Stocks
This week had a fairly high number of newsworthy items. Listen to our latest Key Wealth Matters podcast for our experts' perspectives on economic updates in the labor market, Jay Powell's prepared Testimony at the Senate Banking Committee, predictions of Fed moves, volatility in banking stocks, and more.
Speakers:
Brian Pietrangelo, Managing Director of Investment Strategy
Cindy Honcharenko, Senior Fixed Income Portfolio Manager
George Mateyo, Chief Investment Officer
Rajeev Sharma, Managing Director of Fixed Income
Cindy Honcharenko, Senior Fixed Income Portfolio Manager
George Mateyo, Chief Investment Officer
Rajeev Sharma, Managing Director of Fixed Income
Michael Sroda, Senior Lead Equity Analyst
00:58 – This week’s economic news, including updates on the JOLTS report, the Beige Book, U/E Claims, and jobs data
02:50 – Remarks on the Powell Testimony at Senate Banking Committee; prediction of what it means for Fed policy and the economy
08:10 – Insight on yields falling this week and what this means for investors; forecast of March 22 FOMC meeting
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