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 bond and equities markets' reactions to the latest reports and looks ahead to next week's US presidential election and FOMC meeting. This week's episode also features special guest, Joe Velkos, who overviews the proposed tax policies of both presidential candidates.
Speakers:
Brian Pietrangelo, Managing Director of Investment Strategy
Rajeev Sharma, Head of Fixed Income
Stephen Hoedt, Head of Equities
Joe Velkos, National Director of Tax Policy
03:53 – Bureau of Labor Statistics Job Openings Report and Employment Cost Index Report update
04:57 – Dept. of Labor weekly initial unemployment claims update
05:36 – Advanced estimate for 3rd Quarter Real GDP for the US Economy
06:21 – Update on PCE, the Fed's preferred measure of inflation
07:23 – The latest employment numbers
09:06 – Comments on the bond market reaction to the latest economic updates and anticipation of the Fed's rate decision next week.
14:53 – Remarks on a busy week in the equities market and looking ahead to the conclusion of the election season
18:45 – Perspectives on how legislative tax policy works overall as well as an overview on the proposed tax policies of both Harris and Trump