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Data Blackout Amid Government Shutdown, What it Means for the Fed

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Manage episode 509996558 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Scott Welch joins Diane King Hall to discuss the "resilient" state of the economy as investors forge ahead without labor market data during the government shutdown. He believes this latest data won't make much of an impact on the Federal Reserve's decision as he says the rising inflation levels could give the Central Bank pause before another cut. Right now, Scott thinks the market is pricing in at least 1 more cut this year and says 2Q earnings season was strong. Later, he provides commentary on megacap tech stocks' outperformance saying "it's not necessarily like the dot com era" even with elevated valuations and a "circular investing" pattern taking place.

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7802 episodes

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Manage episode 509996558 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Scott Welch joins Diane King Hall to discuss the "resilient" state of the economy as investors forge ahead without labor market data during the government shutdown. He believes this latest data won't make much of an impact on the Federal Reserve's decision as he says the rising inflation levels could give the Central Bank pause before another cut. Right now, Scott thinks the market is pricing in at least 1 more cut this year and says 2Q earnings season was strong. Later, he provides commentary on megacap tech stocks' outperformance saying "it's not necessarily like the dot com era" even with elevated valuations and a "circular investing" pattern taking place.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

  continue reading

7802 episodes

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