Market Minutes Recap – Good News is Bad News for the Fed as the Labor Market Remains Strong

The latest jobs numbers are in, and the US labor market is slowing, but not enough to change the Fed’s calculus. As interest rates continue to rise, does the Fed risk hiking into a recessionary slowdown? Don’t miss our latest podcast as our team of experts share how we are advising clients to prepare for volatility ahead of midterm elections and the November Fed meeting.
Speakers:
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
  • 01:30 – Economic data for the week
  • 02:23 – Labor market report implications
  • 04:49 – Outlook for Fed interest rate hikes
  • 13:21 – Market response to falling corporate earnings and midterm elections
  • 16:36 – Forecast for the November Fed meeting 
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