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 unemployment claims, CPI inflation, the FOMC meeting, and the equities market.

Speakers: 
Brian Pietrangelo, Managing Director of Investment Strategy
Cynthia Honcharenko, Director of Fixed Income Portfolio Management
George Mateyo, Chief Investment Officer
Stephen Hoedt, Head of Equities

 

01:27 – June initial unemployment claims came in at 242,000. This was an increase of about 13,000 from the week prior

04:01 – A recap of this week’s FOMC meeting discussing:

07:46 – Based on the FOMC meeting, though inflation seems to be decreasing the Fed did not appear confident in the data to adjusting their initial projections

11:27 – Since NVIDIA’s earning report release, many of the Magnificent Seven are continuing to dominate the market week after week

14:06 – Recognizing the importance of staying diversified