Is a December Fed interest rate hike still in the cards?
In this week’s market update:
- The market had a choice to make after the Fed’s recent inaction and the August-September U.S. jobs numbers. Which option did investors choose?
- Why emerging markets and commodities were among this week’s asset class leaders globally.
- What institutional and retail investors should pay attention to as we head into quarterly earnings season in the U.S.
On this week’s Market Week in Review video, Managing Director Asset Allocation and Portfolio Strategy Adam Goff explains the choice facing investors this week in response to the recent decision by U.S. central bankers to not raise interest rates and the very disappointing U.S. employment data. Goff discusses the reasons behind the market’s somewhat positive response this week and reiterates why Russell Investments continues to hold to its expectation that a December Fed interest rate hike is likely.
Mark Soupiset hosts this week’s market update, which also examines the reasons behind gains in emerging markets and commodities this week, as well as the outlook for earnings season and beyond.