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 into the Beige Book, initial unemployment claims, existing home sales, the S&P 500, the bond market, the MOVE Index, and upcoming economic news.

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

01:54 – The Federal Reserve released the October Beige Book, highlighting the economic activity to be discussed at the upcoming FOMC meeting

02:50 – The initial unemployment claims for the week ending October 19 were reported at 227,000

03:17 – The National Association of Realtors reported a decline in existing home sales for the month of September, as well as reporting a decline of 3.5% in year-over-year existing home sales for September

04:25 – Comments on earnings; the S&P 500 reporting season has been ‘tricky’ so far, with more than 12% of the stocks moving at least 10% on earnings day

07:28 – Based on the Beige Book release, we hear remarks on what we can expect to hear during the upcoming FOMC meeting

10:31 – Comments on the bond market being ‘spooked’, as we anticipate a rate cut at the upcoming FOMC meeting, yet preparing for the 2025 rate cut projections

11:25 – Unusual forecasting from the MOVE Index as option prices show treasury yields for all maturities are projected to increase about 18 basis points higher following the presidential election

14:15 – Final thoughts and assumptions on next week’s economic news such as the Employment Situation, Consumer Spending, PCE Inflation, etc.

Additional Resources

Key Questions: The Yield Curve Has Un-inverted. Now What? | Key Private Bank

Key Questions | Key Private Bank
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Economic & Market Research
Weekly Investment Brief
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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 into the initial unemployment claims, rate cuts, the upcoming November FOMC meeting, the earnings market, and the bond market.

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

01:34 – The initial unemployment claims for the week ending October 12 were reported at 241,000

03:45 – Predictions on if The Federal Reserve will issue another rate cut before the end of 2025

06:02 – Attention and anticipation are increasing for the November FOMC; Based on recent economic reports the market does not have high hopes for a rate cut of more than 25 basis point cut

11:07 – Remarks on the earnings market and its continued success

15:11 – Comments on how this election season is affecting the bond market

16:21 – Final thoughts sharing where you should be investing

Additional Resources

Key Questions: The Yield Curve Has Un-inverted. Now What? | Key Private Bank

Key Questions | Key Private Bank
Subscribe to our Key Wealth Insights newsletter

Economic & Market Research
Weekly Investment Brief
Follow us on LinkedIn

In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on recent market and economic data, including an analysis of the September employment report, the Federal Reserve's September meeting minutes and the latest inflation and unemployment claims data. The discussion covers the potential impact of these developments on the Federal Reserve's monetary policy decisions, as well as the outlook for the equity and fixed income markets.

Speakers:
Brian Pietrangelo, Managing Director of Investment Strategy
George Mateyo, Chief Investment Officer
Rajeev Sharma, Head of Fixed Income
Steve Hoedt, Head of Equities

01:52 – Remarks on the labor market, FOMC meeting minutes, and inflation

06:57 – Comments on the Fed meeting minutes and its impact on the bond market
10:13 – Comments on the equities market and predictions for volatility and earnings season

Additional Resources

Key Questions: The Yield Curve Has Un-inverted. Now What? | Key Wealth

Key Questions | Key Private Bank
Subscribe to our Key Wealth Insights newsletter

Economic & Market Research
Weekly Investment Brief
Follow us on LinkedIn