Market Minutes Recap - Market Update (Perspectives on this past week's economic data, observations on the stock market, the bond market, yields, and the government shutdown)
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 on the stock market, bond market, yields, and the government shutdown.
Speakers:
Brian Pietrangelo, Managing Director of Investment Strategy
George Mateyo, Chief Investment Officer
Steve Hoedt, Head of Equities
Rajeev Sharma, Head of Fixed Income
Steve Hoedt, Head of Equities
Rajeev Sharma, Head of Fixed Income
01:00 - This week's look at the Fed's beige book report, consumer spending, and the imbalances in the labor market
02:29 - Looking at the stock market we see China has restricted Apple's sales to government officials
03:53 - Reactions to tech shares possibly coming under pressure now, as well as into October, and how that's contributing to where the market sits today
5:31 - Insights into the fixed income markets, specifically the increased new issuances of corporate bonds, rise in yields, and the expected pivot to the markets next year
12:43 - Comments on the energy prices for the rest of 2023 and that the trend seems to show the prices will continue to increase
14:07 - Comments on the government shutdown, where we stand in regards to the overall sentiment for the end of the year, and the economic impact Walmart is having on the labor force
02:29 - Looking at the stock market we see China has restricted Apple's sales to government officials
03:53 - Reactions to tech shares possibly coming under pressure now, as well as into October, and how that's contributing to where the market sits today
5:31 - Insights into the fixed income markets, specifically the increased new issuances of corporate bonds, rise in yields, and the expected pivot to the markets next year
12:43 - Comments on the energy prices for the rest of 2023 and that the trend seems to show the prices will continue to increase
14:07 - Comments on the government shutdown, where we stand in regards to the overall sentiment for the end of the year, and the economic impact Walmart is having on the labor force