The Bell Ringers #19 - Season Finale: Trade Wars, Oil Wars, Streaming Wars
Manage episode 311662723 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 another action-packed week on Wall Street, where U.S. stocks posted their first weekly decline in a month amid renewed trade tension between the U.S. and China.
Next up: The two weighed in on the Federal Reserve’s rate cut announcement and whether last week’s turmoil in money markets was just a one-off event or if it’s the start of something more worrying.
Finally, they summarize last week’s volatility in crude oil markets, where prices enjoyed their biggest weekly gain in months after the recent attack on Saudi oil facilities knocked out more than half of the kingdom’s output.
Turning their attention to the week ahead, the duo provided their opinions and thoughts on how markets are likely to perform in the coming days and whether we’re setting up for more record highs on Wall Street or if a pullback is on the horizon.
The two also focused on what to expect from this week’s busy slate of Federal Reserve speakers and economic data and how it can impact expectations for further easing in the months ahead.
Finally, the two also touched on the turmoil in the streaming space, where stocks like Netflix and Roku have both suffered steep declines this month, and what names are likely to come out on top when the streaming wars are all set and done.
To close out the episode, they each provided their stock of the week: KB Home for Jesse and Nike for Clement.
Find us on Twitter for feedback @Investingcom, @BellRingersPod, @JesseCohenInv, and @ClemThibault!
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