In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into retail sales, the Fed’s Beige Book, rate expectations, Fed Speak this week, and the Volatility Index. 

Brian Pietrangelo, Managing Director of Investment Strategy
George Mateyo, Chief Investment Officer
Rajeev Sharma, Head of Fixed Income
Stephen Hoedt, Head of Equities

 
01:28 - A look into retail sales that showed a 0.7% increase in the month of September, which exceeded consumer spending predictions
03:18 - Comments on Fed Chair, Jerome Powell, and his remarks at the Economic Club of NY this week, stating that interest rates may need to be higher for longer. Powell also mentioned that due to uncertainty surrounding geopolitical events, the Fed will continue to tread carefully as there's more work to be done
09:38 - A cyclical economic upswing may be on the horizon as we observed earnings to be above expectations and margins are rising
14:20 - Estimates on how high interest rates are expected to go, based on the surges observed in recent months
16:08 - Final comments on the Volatility Index (VIX) elevating to 21.4 after lingering below 15 in May and remaining there until September