Market Minutes Recap – Stunning Jobs Report Changes Market Tone – Will the Fed Pivot?
It’s the end of a mixed week for the markets as an unexpected red hot jobs report for July jumbles the economic outlook and tempers recessionary fears. Will the Fed tightening cycle continue as inflation remains elevated? Find out in this week’s Key Wealth Matters podcast as our team of investment experts share their observations and insights into the latest market moves. Plus, don’t miss Senior Fixed Income Portfolio Manager Paul Toft’s commentary on tax-advantaged opportunities in the municipal bond market.
Speakers:
Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research, KeyBank Investment Center
Brian Pietrangelo, Managing Director of Investment Strategy, KeyBank Investment Center
Rajeev Sharma, Managing Director of Fixed Income, KeyBank Investment Center
Paul Toft, Senior Fixed Income Portfolio Manager, KeyBank Investment Center
Stephen Hoedt, CMT, Managing Director, Equity & Fixed Income Research, KeyBank Investment Center
Brian Pietrangelo, Managing Director of Investment Strategy, KeyBank Investment Center
Rajeev Sharma, Managing Director of Fixed Income, KeyBank Investment Center
Paul Toft, Senior Fixed Income Portfolio Manager, KeyBank Investment Center
- 01:01 – Review of key economic data
- 01:51 – Implications of a strong jobs report for the economy and the Fed
- 06:53 – Stock market and corporate earnings observations
- 10:49 – Yield curve trends and outlook for recession
- 12:15 – Municipal bond market forecast
Additional Resources:
Key Questions: The Yield Curve Inversion... or Diversion?
Key Questions: The Yield Curve Inversion... or Diversion?