Market Minutes Recap - Market Update (Perspectives on the US Leading Economic Indicator, existing home sales, the equities market, SEC chairperson resignation, the bond market, and rate cuts)

In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the US Leading Economic Indicator, existing home sales, the equities market, SEC chairperson resignation, the bond market, and rate cuts.

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

01:11 – The Conference Board’s US Leading Economic Indicator showed the indicator declined by 0.4% for October 
02:08 – The National Association of Realtors reported a 3.4% increase in existing home sales for October
03:17 – Comments on the equities market and the uptick we saw this week for S&P 500 earnings
07:20 – Remarks on Gary Gensler – the U.S. Securities and Exchange Commission’s chairperson – and his recent resignation announcement amid the new U.S. presidential administration change
09:22 – Comments on the bond market and the pace of rate cuts we can expect in 2025
11:47 – Thoughts on recent comments made by Federal Reserve presidents, like Susan Collins, and their stance on rate cuts
12:40 – Final thoughts on the team’s favorite Thanksgiving dishes


Additional Resources
© 2023 KeyCorp