In this week's Market Minutes recap, our team of investing experts discusses various topics including the recent leap year, GDP for the fourth quarter of 2023, consumer spending, unemployment claims, and inflation. They also discuss the Federal Reserve's outlook on interest rates and the equity market's performance. Additionally, they delve into the concept of private equity, its definition, its benefits, and its differences from public equity. 

Brian Pietrangelo, Managing Director of Investment Strategy

George Mateyo, Chief Investment Officer 
Rajeev Sharma, Head of Fixed Income
Steve Hoedt, Head of Equities 
Sean Poe, Senior Multi-Strategy Research Analyst
  

02:03 – This week's market and economic news, GDP for the fourth quarter of 2023, unemployment claims, and consumer spending 

03:32 – Remarks on PCE inflation, contributions that financial services make to inflation numbers, predictions on Fed activity 

05:40 – Comments on the bond market, rate cuts, and yield activity

08:42 – Perspective on the equity market

16:17 – Explanation of private equity, structure, historical returns, and potential benefits and challenges