Podcasts about november fomc

US equities were mostly higher in Tuesday trading, near best levels. Tariff threat was the big story today after Trump posted Monday night that as part of his first executive orders, he will impose additional 10% tariffs on China goods and 25% tariffs on Mexico and Canada. Economists downplayed takeaways from November FOMC minutes given data dependence and fiscal and economic policy uncertainty, though minutes showed broad support for a gradual reduction in rates along with some uncertainty around a neutral rate.

US equities were higher this week as the S&P 500 and Nasdaq all ended the week at fresh record highs. The Trump election victory sparked a big rally across risk assets. Treasuries sold off sharply following Trump's election victory on inflationary concerns, but ended only slightly weaker on the short end and firmer on the long end on thoughts policy measures might not be enacted as quickly as expected. November FOMC meeting ended with a 25 bp cut, as expected, to 4.5-4.75% in a unanimous decision. With 90% of S&P 500 companies now having reported for Q3 EPS growth still pacing ahead of quarter-end expectations.

With Election Day roughly a week away, combined with the upcoming October employment report, November FOMC meeting, and an abundance of Q3 corporate earnings ahead, investors will have a lot to digest over the next two weeks. Jason provides some thoughts on these factors, along with outlines CIO's medium-term market outlook, and latest positioning guidance. Featured is Jason Draho, Head of Asset Allocation Americas, UBS Chief Investment Office. Host: Daniel Cassidy

US equities were mostly lower this week. The biggest focus was on another backup in yields, extending this month's sizable jump with the 2Y back above 4%, and 10Y back to July levels (before the Fed cut by 50bp in August). In a busy week of Fedspeak before next week's blackout period ahead of the November FOMC meeting, Fed officials continued to argue that they see further rate cuts ahead, but there are some questions around the pace.

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 StrategyGeorge Mateyo, Chief Investment OfficerRajeev Sharma, Head of Fixed IncomeStephen Hoedt, Head of Equities01:34 – The initial unemployment claims for the week ending October 12 were reported at 241,00003:45 – 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 cut11:07 – Remarks on the earnings market and its continued success 15:11 – Comments on how this election season is affecting the bond market16:21 – Final thoughts sharing where you should be investing Additional ResourcesKey Questions: The Yield Curve Has Un-inverted. Now What? | Key Private BankKey Questions | Key Private BankSubscribe to our Key Wealth Insights newsletterEconomic & Market ResearchWeekly Investment BriefFollow us on LinkedIn

US equities finished lower in very quiet, rangebound Tuesday trading. The Dow, S&P, and Nasdaq finished down 0.18%, 0.20%, and 0.59%, respectively. Today's session came after a higher finish on Monday that saw the S&P reach its highest level since August. Big tech was mixed, while retailers were generally down amid today's welter of earnings. Semis, airlines, banks, autos, media, REITs, and homebuilders were some of the other laggards. Meanwhile, MedTech, life sciences, P&C insurers, food and beverage, managed care, A&D, and telecoms held up better. Treasuries were mostly unchanged, though a bit firmer with modest gains in belly of the curve after some positive sentiment on Monday surrounding the 20-year auction. The dollar index was up 0.2% while gold finished up 1.1%. Bitcoin futures were off 1.4%, and WTI crude settled down 0.1% after gaining nearly 2.5% on Monday. Overall, there were no big directional drivers in play today. The lower rate backdrop on disinflation and peak Fed traction are still a tailwind for risk sentiment, along with lingering consumer resilience, recent earnings inflection, margin expansion, and seasonality. Another major talking point were the November FOMC minutes, which noted that the Fed is in a position to proceed carefully. All officials saw rates remaining restrictive for some time, fitting with the higher for longer messaging, though that has come under some scrutiny following recent inflation, labor market data and corporate updates.

In this episode, we are joined by Steven Townsend, CFA, and Sarah Harp, CFA, from our Capital Markets team about the November Federal Open Market Committee (FOMC) meeting, While the meeting did not deliver any big surprises, the US treasury curve has delivered some rare movements. Listen as Steven and Sarah explain shape shifting of curves and what that means going into 2024.

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 PMI data, unemployment claims, the FOMC meeting, new non-farm payrolls, rates, and earnings.Speakers:Brian Pietrangelo, Managing Director of Investment StrategyCynthia Honcharenko, Director of Fixed IncomeGeorge Mateyo, Chief Investment OfficerRajeev Sharma, Head of Fixed IncomeStephen Hoedt, Head of Equities 01:16 – While the Purchasing Managers Index (PMI) showed the Manufacturing side of the economy is in contraction for the past 12 months, the Services side of the economy has been in an expansionary mode for the past 9 months 02:42 – Initial Unemployment claims were at 217,000 for the prior week, which remain low; however, Continuing Unemployment claims rose to 1.8 million for the week, which is up about 10% for the last 6 weeks, signifying people are unable to adequately locate employment within a reasonable period03:40 – The Federal Reserve had its November FOMC meeting, announcing The Fed Funds Rate will remain unchanged at the upper limit of 5.50%; This could be a hint that rate hikes are over09:26 – Despite the Fed not calling for rate cuts yet, the bond market is calling for more significant rate cuts in 202412:19 – Though earnings this season have been underwhelming, they're admittedly viewed as “good enough”. We can see this from Apple and the tech industries market contributions of about 30% of the S&P 500. 14:45 – Remarks on crypto FTX founder, Sam Bankman-Fried, guilty verdict 15:53 – Final comments for listeners to maintain policy positioning and focus on long-term trendsAdditional Resources:Key Questions: How Big of a Bite Into Apple Will China Take? | Key Private BankKey Questions: Why Are Interest Rates Surging? When Will They Peak? What Should Investors Do? | Key Private BankKey Questions | Key Private BankKey Private Bank Investment Brief | Key Private BankSubscribe to our Key Wealth Insights newsletterEconomic & Market ResearchWeekly Investment BriefFollow us on LinkedIn

“Our view is that the Fed is done hiking. But the question now turns to how long the Fed maintains rates at this level,” Ira Jersey, Bloomberg Intelligence chief US interest rate strategist says. On this Macro Matters episode of the FICC Focus podcast, Jersey reviews recent developments following the November FOMC meeting and the Treasury department's quarterly refunding announcement. He says Chair Jerome Powell sounded more dovish than he had at previous meetings, but still anticipates the Fed holding rates at current levels through 2024. Jersey also highlights a framework for how the quantum of Treasury debt may affect yields at differing levels of economic growth.

US equities finished higher in Wednesday trading, ending near best levels, with the Dow Jones, S&P500, and Nasdaq closing up 67bps, 105bps, and 164bps respectively. November FOMC meeting held rates steady, as widely expected. The Treasury refunding announcement seemingly removed a big overhang on bonds, while rate stabilization also a function of softer ADP private payrolls and ISM manufacturing miss. Overseas, Bank of Japan came in with an unscheduled JGB purchase.

Neil Azous at Rareview Capital opines ahead of the November FOMC meeting and concludes that Elvis has left the building, at least when it comes to further policy tightening. Sponsor Information: Email:  nazous@rareviewcapital.com    Web:   www.rareviewcapital.com

Today we had the pleasure of hosting Christopher Mohajer for a discussion centered around batteries and battery technology. Chris serves as the Director of Battery Technology Equity Research at U.S. Capital Advisors (USCA) and has a background in technical sales, having previously worked with Digatron Power Electronics, a supplier of battery test and formation equipment. Before that, he held several roles at the California Clean Energy Fund. Last year, Chris and the USCA team published a comprehensive report highlighting batteries as a pivotal component for decarbonization. We were thrilled to visit with Chris and discuss the latest developments and trends in the world of batteries. Our discussion today started with Chris's background and what drew him to batteries originally. It was here that he made his light-hearted comment around being the “accidental battery guy.” At the heart of today's discussion, Chris walked us through about 15 slides pulled from his and his team's work on batteries. The presentation slides are linked here. In the presentation, Chris covers battery history from lead acid to today, the different battery chemistries, the metrics for measuring battery performance, the tradeoffs between performance, cost, and safety, cathode and anode technology developments, and the surprisingly lengthy duration to bring new technology to market. Chris also shares insights on battery production, the battery supply chain, and the importance of permitting and potential for the US to develop its own battery supply chain if the right conditions are met. Whether you are new to batteries or well-versed, Chris's overview is very likely to be interesting to you. Today's other discussion topics included mining challenges, battery market growth, battery innovations, proposed US battery factories, utility-scale storage, the role of batteries on the grid, public equity investor sentiment, and more. We ended with asking Chris what he thinks the future of batteries will look like in ten years. He is definitely bullish on their role in our future energy systems. We want to thank Chris for joining us today and for providing a great and detailed overview. We learned a lot and look forward to continuing to follow Chris and his team's insights. Mike Bradley kicked us off by pointing out the remarkable stability in global markets since the breakout of the Israeli war with Hamas. He observed that both US bond and equity markets have traded higher, and that equity market volatility has actually fallen. He flagged that 10-year bond yields have pulled back from Friday's close of 4.8%, are trading at ~4.65%, for what looks to be a temporary rush to safety. Mike also noted that this week's CPI & PPI prints will be important in determining whether the FED will pause/raise rates at their November FOMC meeting. He highlighted the modest increase in WTI crude oil price this week (~$3.00/bbl.) and also indicated that it had underperformed most trader's expectations. He noted that crude oil traders will be very focused on Cushing weekly inventory levels, with consensus looking for a slight build, but that an unexpected draw could push WTI price/time spreads much higher. He rounded out the conversation by flagging that Q3 reporting is set to begin mid-next week with a handful of oil service companies. Todd Scruggs also joined today's discussion and shared a few observations upfront, including both positive developments as well as potential challenges in battery technology and manufacturing. We greatly enjoyed the conversation with Chris and hope you enjoy it as much as we did. Our best to you all!

Heng Koon How, Head of Markets Strategy, UOB weighs in on whether the U.S. Fed will opt for a 25 basis point hike at its November FOMC meeting; the ever-rising U.S. Treasury yields; the BOJ's current stance on Yield Curve Control; prospects of a recovery for China's economy; and whether crude oil remains on target to hit the $100 / barrel mark.   Presented by Emaad Akhtar Podcast edited by Emaad Akhtar (eakhtar@sph.com.sg)See omnystudio.com/listener for privacy information.

INVX 18/9/2566 : Overweight Energy Prefer BCP PTTEP ( Outperform BCP PTTEP PTT OR vs Neutral IRPC SPRC TOP PTTGC vs Underperform ESSO) : Research Prefer ADVANC BEM, positive 3Q'66 Earnings +q+y : /it : GS expected .Thai interest rate to hike another 0.25% in Sept.2023 vs China to cut more 0.25% RRR vs No more US Fed/ ECB : GS 16/9/2023: MXAPJ rose 1%, led by Singapore, Taiwan (+3%), Korea and Australia (+2%), while Philippines (-2%), Hong Kong and China-A (-1%) underperformed. : Sector : Info tech, Materials and Banks outperformed Property, Insurance, Utilities and Capital Goods. : Asian FX were mixed with CNY strengthening (+1%) against USD on policy reactions. : EM Asian markets saw strong foreign outflows, with only Taiwan receiving inflows. : US core inflation picked up mom but headline CPI fell to 4.3% yoy. We continue to view another hike at the November FOMC meeting as unnecessary. : For Europe, we expect no further hikes after the 25bp hike by ECB last week. : In China, both CPI and PPI rose sequentially in August, with better than expected credit and activity data. PBOC announced a 25bp RRR cut to support liquidity demand, and we expect further policy easing in China.

US equities finished higher on Wednesday's session with the major economic sectors broadly higher as stocks extend Tuesday's rally. No real surprises in the November FOMC minutes as recent Fedspeak maintains a tight focus on reducing hikes and a higher-for-longer approach to tamp down inflation. Generally, earnings a mixed-to-worse bag with nothing particularly new from a thematic perspective, including the latest cost-cutting/restructuring headlines. China Covid trends remain negative but measures to support the property market are being implemented as the State Council meeting looks to aid growth with a possible cut in their reserve requirement ratio. Happy Thanksgiving

Futures are muted as investors digest the latest economic data. Michael Purves discusses the November FOMC minutes which will be released today at 2pm ET. He also looks at technical patterns to watch in today's markets, highlighting Barclays iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX). He then talks about what options trading activity indicates about the market. He also goes over how bitcoin futures (/BTC) hit 2-year lows this week. Tune in to find out more about the stock market today.

We saw a fourth consecutive 75 basis-point rate hike from the U.S. Federal Reserve in November. With Fed Chair Powell indicating that there is more room to run, is now the time for investors to adjust their portfolio model and consider a larger position in bonds? Our guest today is Andrei Bruno, Director, ETF Capital Markets, at Fidelity Canada. With host Pamela Ritchie, Andrei unpacks the latest updates from the November FOMC meeting and what it may mean for capital markets. A couple of key highlights from today's discussion include Andrei noting the outlook for inflation does look a bit better for 2023 compared to what we saw in 2022. Also, in the U.S., pension plans are starting to look at fixed income closer, specifically mid to longer-dated investment-grade bonds, replacing equity investments. Recorded on November 3, 2022. Transcript (PDF): https://www.fidelity.ca/content/dam/fidelity/en/documents/transcripts/transcript-podcast-fidelityconnects-bruno-nov3.pdf At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. Fidelity mutual funds and ETFs are available by working with a financial advisor or through an online brokerage account. Visit fidelity.ca/howtobuy for more information. For the second year in a row, FidelityConnects by Fidelity Investments Canada was ranked the #1 podcast by Canadian financial advisors in the 2022 Environics' Advisor Digital Experience Study.

Stocks will remain under pressure until investors believe inflation has peaked and the Fed is nearly done raising rates, says Adam Johnson. He talks about how earnings have been better-than feared, but guidance has been skewed notably to the downside. He then previews the November FOMC meeting minutes which will be released on Wednesday, November 23rd. He notes the impact of the midterm elections on market performance. Tune in to find out more about the stock market today.

In the November FOMC meeting, Fed Chair Jay Powell stated that while the pace of economic growth is slowing, indicators point to modest growth in spending and production this quarter. Peter Tchir, head of macro strategy at Academy Securities, joins Forward Guidance to argue that the economy is slowing much, much faster than the Federal Reserve's models indicate.  Tchir tells Jack Farley how brewing geopolitical tension between China and the U.S. will likely continue to weigh upon financial markets, and he shares his insights on energy markets in the U.S. and Europe.  -- Follow Peter Tchir on Twitter https://twitter.com/TFMkts Follow Jack Farley on Twitter https://rb.gy/uesguv Follow Forward Guidance on Twitter https://rb.gy/cy0dki Follow Blockworks on Twitter https://rb.gy/igyzsj -- Founded in 2014 by three cybersecurity engineers, Bittrex is a world-class cryptocurrency exchange with a focus on security and trust. Trade over 150 cryptocurrencies in the United States along with lightning-fast trade execution and dependable digital wallets, all protected by industry-leading security practices. Discover why Bittrex is the best kept secret in crypto trading. Open your account today at: http://fgpodcast.link/bittrex -- Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw Market commentary, charts, degen trade ideas, governance updates, token performance, can't-miss-tweets and more. Subscribe to the Blockworks Research “Daily Debrief” Newsletter: https://rb.gy/feusos Find out more about the Blockworks video editor role here: https://blockworks.co/careers/ -- Timestamps: (00:00) Introduction (00:27) "I Would Disagree With Powell" On The U.S. Economy (06:03) "Credit Bubbles Only Happen With Safe Assets" (08:17) Layoffs In Big Tech (12:17) This Will Be A Deep And Lasting Recession (14:31) The Semiconductor Industry (20:34) China (33:52) Energy (36:56)) Regulation of Fossil Fuels (40:41) When Will The Drawdown of The Strategic Petroleum Reserve (SPR) Stop? (44:27) Will Europe's Energy Problems Cause A Recession? (48:26) The Strong Dollar Is Destabalizing The Global Financial System (59:30) The Increasing Political Pressure On The Federal Reserve -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Dan Krieter and Dan Belton discuss their takeaways from the November FOMC meeting and volatile market reaction to a dovish statement followed by messaging of a higher terminal rate. Other topics include market expectations for a pivot, monetary policy lags, and the narrowing window for a soft landing.

MUFG Head of U.S. Macro Strategy George Goncalves provides an update on the bullish risk market price action and thinks too much good news around a potential Fed pivot is already priced-in. George provides his base case FOMC meeting views and provides both dovish and hawkish scenario outcomes. Bottom line, we expect team pivot (those expecting Fed to transition policy) will be let down again as the Fed is committed to getting inflation under control.  Disclaimer: www.mufgresearch.com (PDF)

Andrew Wilkinson, IBKR's director of education, discusses the state of the economy and markets ahead of the November FOMC meeting with Jose Torres, the firm's senior economist, and Steve Sosnick, chief strategist.

Energy down two weeks in a row; Dollar dippage. End of Quarter dispersion coming? Showdown at the November FOMC meeting.

Energy down two weeks in a row; Dollar dippage. End of Quarter dispersion coming? Showdown at the November FOMC meeting.

In episode #194, Dennis Wisco provides a review of Q3 earnings and an economic outlook. Discussed in this episode are earnings from Lithia (LAD), AutoNation (AN), Penske (PAG), Ford (F), Carvana (CVNA), and a recap of Jerome Powell's press conference from the November FOMC meeting. ***** Episode Notes > Lithia Q3 Earnings Press | https://tinyurl.com/bwm8xy3u > AutoNation Q3 Earnings Press | https://tinyurl.com/crdbsu9x > Ford Q3 Earnings Press | https://tinyurl.com/s96kkm6t > Penske Q3 Earnings Press | https://tinyurl.com/a4ftcyx4 > Carvana Q3 Earnings Press | https://tinyurl.com/3yrwa8be ***** Wisco Weekly is an automotive business podcast, and is part of the 'Not Your Father's Economy' podcast channel on Apple Podcasts. Host, Dennis Wisco, shares weekly insights into current economic conditions like navigating this post-COVID economy. For bonus, ad-free episodes that deliver actionable insights, become a paid-NYFE subscriber for $8.49 a month or $93.99 a year on Apple Podcasts. Start with a 3-day trial and cancel anytime. Our subscriber-only content will jack you up to work, generate new ideas, and add perspective to consistently produce. ***** Wisco Weekly is proudly supported by automotiveMastermind. Visit automotivemastermind.com to learn more about predictive analytics and marketing automation. Have a listen to 'Predicting the Next Paycheck' a podcast mini series assessing the behaviors of car dealers, and their data-inspired decisions. Available on Apple Podcasts, Spotify, and other popular apps. ***** For more content, follow Dennis Wisco on Instagram (@wisco_dennis), Youtube (@wiscoweekly), and LinkedIn (@wiscoweekly).

In episode #194, Dennis Wisco provides a review of Q3 earnings and an economic outlook. Discussed in this episode are earnings from Lithia (LAD), AutoNation (AN), Penske (PAG), Ford (F), Carvana (CVNA), and a recap of Jerome Powell's press conference from the November FOMC meeting. ***** Episode Notes > Lithia Q3 Earnings Press | https://tinyurl.com/bwm8xy3u > AutoNation Q3 Earnings Press | https://tinyurl.com/crdbsu9x > Ford Q3 Earnings Press | https://tinyurl.com/s96kkm6t > Penske Q3 Earnings Press | https://tinyurl.com/a4ftcyx4 > Carvana Q3 Earnings Press | https://tinyurl.com/3yrwa8be ***** Wisco Weekly is an automotive business podcast, and is part of the 'Not Your Father's Economy' podcast channel on Apple Podcasts. Host, Dennis Wisco, shares weekly insights into current economic conditions like navigating this post-COVID economy. For bonus, ad-free episodes that deliver actionable insights, become a paid-NYFE subscriber for $8.49 a month or $93.99 a year on Apple Podcasts. Start with a 3-day trial and cancel anytime. Our subscriber-only content will jack you up to work, generate new ideas, and add perspective to consistently produce. ***** Wisco Weekly is proudly supported by automotiveMastermind. Visit automotivemastermind.com to learn more about predictive analytics and marketing automation. Have a listen to 'Predicting the Next Paycheck' a podcast mini series assessing the behaviors of car dealers, and their data-inspired decisions. Available on Apple Podcasts, Spotify, and other popular apps. ***** For more content, follow Dennis Wisco on Instagram (@wisco_dennis), Youtube (@wiscoweekly), and LinkedIn (@wiscoweekly).

Alex Roever is joined by Mike Feroli and Jay Barry to discuss the outcomes of the November FOMC meeting and Treasury's quarterly refunding announcement and the impact on the US rates market.  The Fed delivered a tapering announcement, as expected, and is likely to complete its asset purchases by mid-2022 much quicker than the 2013-2014 timeline. Moreover, the Fed changed its description on the outlook for inflation, and the onus is on labor supply is critical to thinking about the outlook for inflation and policy rates in 2022.  Front-end yields declined this week and priced a more dovish path for Fed policy in 2022, but driven more by global dynamics than the FOMC  Finally, the Fed's quick taper has been accompanied by large cuts to Treasury auctions sizes, with more likely to come in 2022. This should allow the T-bill share of debt to stabilize. This podcast was recorded on November 4, 2021. This communication is provided for information purposes only. Institutional clients can view the related report at www.jpmm.com/research/content/GPS-3910586-0, https://www.jpmm.com/research/content/GPS-3910596-0, https://www.jpmm.com/research/content/GPS-3911077-0 for more information; please visit www.jpmm.com/research/disclosures for important disclosures. © 2021 JPMorgan Chase & Co. All rights reserved.

In today's episode, MUFG Head of U.S. Macro Strategy George Goncalves takes us back and compares Taper 1.0 and how Taper 2.0 will differ slightly given the urgency to wrap up QE before the Fed begins to contemplate raising rates in 2022 and beyond. George gives us a glimpse into his latest thoughts covered in his FOMC preview and discusses the interest rate outlook into and out of the Fed meeting. Disclaimer: www.mufgresearch.com (PDF)

Margaret Kerins along with Ian Lyngen, Greg Anderson, Stephen Gallo, Dan Krieter, Dan Belton and Ben Jeffery from our FICC Macro Strategy bring you their reactions to the November FOMC meeting and other main narratives that are dominating market pricing and what these themes imply for US rates, high quality spreads and foreign exchange.

In this episode of our Week Ahead series, we'll be looking at the main themes that will drive global markets over the coming week. In the US, the Fed is in the blackout period for the November FOMC meeting, but there are a few important developments worth flagging. In Europe there is the UK's budget announcement, and ECB meetings, and further afield the Bank of Canada and Bank of Japan meetings to watch too. Finally, a quick wrap-up on the latest Covid-19 trends, events in Asia, and data releases to watch.