The Bell Ringers #13: Volatile Markets, Earnings Season Winds Down, Big Week Of Data
Manage episode 311662729 series 3164323
Join Investing.com senior analysts Jesse Cohen and Clement Thibault as they review the most significant events that impacted financial markets last week and look ahead to what are likely to be the top business and financial stories in the week ahead.
The format is simple: the two will spend three minutes talking about each topic; a bell then sounds once time is up, whereupon they'll move on to the next topic.
This week’s episode starts with: thoughts on Wall Street’s wild performance, which saw every day last week produce either big losses or big gains, as the U.S.-China trade war unleashed a major bout of market volatility.
Next up: The two discussed the extreme moves in the Treasury market, where yields have fallen sharply due to worries over the global economy and amid expectations for more stimulus from central banks around the world.
Finally, the two summarize last week’s major earnings on Wall Street, which saw companies such as Walt Disney, Uber, and Lyft report their latest quarterly results.
Turning their attention to the week ahead, the duo provided thoughts on how markets are likely to perform in the coming days as investors continue to focus on the U.S.-China trade dispute.
The two also gave their thoughts on what to expect from the latest reading on U.S. CPI data, due on Tuesday, as well as July retail sales figures on Thursday, and how they could impact expectations for more rate cuts from the Federal Reserve.
The two also touched on what’s in store on the earnings front, with companies like Walmart, Macy’s, and Nvidia all set to report their latest results in the days ahead. To close out the episode, they each provided their stock of the week: Barrick Gold for Jesse and Cisco for Clement.
Find us on Twitter for feedback @Investingcom, @BellRingersPod, @JesseCohenInv, and @ClemThibault!
21 episodi