Do disappointing jobs numbers move interest rate decision to 2016?
In this week’s market update:
- Although disappointing August and September U.S. payroll data has many analysts predicting a delay in interest rate increases, Russell Investments remains steadfast that December is the more likely scenario.
- Other U.S. economic indicators – particularly September’s automobile purchase number – show consumer strength
- Despite a mixed-bag of economic data in Japan, why we see the potential for good things on the horizon in Asia.
On this week’s Market Week in Review video, Investment Strategist Paul Eitelman explains why Russell Investments is holding fast to its expectation that December will be the most likely time for a Fed interest rate hike in the U.S., despite a very disappointing September jobs numbers and a downward revision to the August figure.
Mark Soupiset hosts this week’s market update, which also examines other U.S. and Japanese economic indicators and their potential impact on global investors.