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 ISM Report on Business, new non-farm payroll data, tariffs, the equities market, and rate cuts.
Speakers:
Brian Pietrangelo, Managing Director of Investment Strategy
George Mateyo, Chief Investment Officer
Rajeev Sharma, Head of Fixed Income
Stephen Hoedt, Head of Equities
01:13 – The ISM Report on Business was released and indicators showed Manufacturing has continued to remain in a contractionary phase, while Services continues to be in an expansionary phase for the fifth year
01:49 – The Bureau of Labor Statistics New Non-Farm Payroll was reported above expectations for March at 228,000
02:32 – Reactions on the recent White House press conference surrounding U.S. President Trump’s executive order on tariffs
03:06 – Comments on the new U.S. tariff policy, soon to be established, and what can U.S. and global markets expect from both universal and reciprocal tariffs
08:38 – Remarks on the equities market and its volatility after the new tariff policy was signed into order; experts are seeing possible trends in the markets with the current U.S. economy, similar to the initial shock in the economy during the COVID-19 Pandemic
12:59 – Based on recent ISM Report on Business and the new U.S. tariff policy, the bond market is predicting a higher chance of the U.S. economy heading into a recession, calling for the Federal Reserve to implement rate cuts, more than initially expected, in 2025
17:12 – Final comments on remaining invested in high-quality, diversified portfolios
Additional Resources
Key Questions: How Much Tech Do You Really Own? | Key Private Bank
Key Questions | Key Private Bank
Subscribe to our Key Wealth Insights newsletter
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!