Market Minutes Recap - Market Update (Impact of Fitch US Rating Downgrade, Market Reactions, Earnings Season)

In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the  Fitch downgrade of the US debt rating as well as the latest market and economic activity. Listen to detailed observations about the reasoning behind the downgrade, implications for the markets, updates on earnings season 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
 
01:00 – This week’s market and economic activity (PMI data, Jobs Report, Unemployment Claims)
02:45 – Fitch downgrade of US debt rating from AAA to AA+
05:19 – Comments on the bond market, impact of rating downgrade
08:35 – Observations on Stock Market activity
09:15 – Perspectives on implications for the US Dollar, the Fed's go-forward plan, credit spreads, foreign bank policies
13:23 – Observations on 2Q Earnings
16:09 – Closing remarks for investors

Additional Resources:
Key Questions: US Bonds Face a Credit Downgrade. Are My Bonds Safe?
Key Questions: What Do 2Q Earnings Tell Us About the Rest of the Year?
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