50 bps Fed cut now 'off the table' [Video]
|In this episode, I’m joined by co-founder Piers Curran to dive into three major talking points in global markets this week. Here’s what we cover:
The odds of a 50 bps rate cut from the Fed have dramatically reduced following the latest US CPI report.
Trump trades lose steam as Harris wins their first encounter.
Goldman Sachs prepares to post a $400 million hit to Q3 results as it unwinds its consumer business.
This is the perfect episode to help you unpack the news that matters in a clear and easy-to-understand way, essential listening for any student preparing for the application process!
00:00 Market Overview and Key Topics 01:08 US CPI Report Analysis 09:14 Market Reactions and Stock Movements 14:24 Commodities and Inflation Outlook 18:06 Market Participants and Career Insights
Have a great weekend ahead!
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