Key Wealth Matters | Market Minutes Recap – Economic Data (CPI, Retail Sales, Job Market and Industrial Production), Disruption in the Banking Industry, Anticipated Federal Open Market Committee (FOMC) Outcomes, & Stock Market Reactions

March 17, 2023 • 19 Minutes

Market Minutes Recap – Economic Data (CPI, Retail Sales, Job Market and Industrial Production), Disruption in the Banking Industry, Anticipated Federal Open Market Committee (FOMC) Outcomes, & Stock Market Reactions

This week saw high volatility within the market and banking industry. Listen to our latest episode of Key Wealth Matters for our experts' perspectives on economic updates, what’s happening in the banking sector, implications and predictions for the Fed’s next move, stock market performance and more.

Speakers:

Brian Pietrangelo, Managing Director of Investment Strategy
George Mateyo, Chief Investment Officer

Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research

Rajeev Sharma, Managing Director of Fixed Income

Cindy Honcharenko, Senior Fixed Income Portfolio Manager

1:10 – This week’s economic news, including updates on the Consumer Price Index, retail sales, unemployment and industrial production

02:57 – Remarks on the current state of the overall banking industry

5:42 – Discussion on anticipated outcomes of March 22nd FOMC meeting

12:08 – Stock market performance

15:00 – Have we reached a breaking point within the financial services industry?

Additional Resources:
Economic & Market Research
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