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 existing home sales, Q2 GDP, PCE inflation, the stock market, and next week’s FOMC meeting. 

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

01:55 – Existing home sales declined 5.4% in June, confirming the hesitancy people have to acquire a new mortgage at higher rates

02:20 – The Real Gross Domestic Product (GDP) reported at 2.8% for the second quarter

03:37 – Overall Personal Consumption Expenditures (PCE) inflation declined from 2.6% in May to 2.5% in June, while the Core PCE remained constant at 2.6%

04:45 – Comments on the stock market and the pullback we have seen for the S&P 500

10:51 – Comments on small-caps and their unexpected performance  

12:16 – Remarks on the expectations for next week’s FOMC meeting and if there will be a September interest rate cut 

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