Fed rate hike: Did timing change or is it just the wind?
In this week’s market update:
- Did recent economic data affect the U.S. markets and why have median U.S. earnings expectations decreased since 2014?
- Could a recent economic report from the U.S. Fed, widely known as the Beige Book, indicate the Fed rate hike will be delayed until 2016?
- How did economic news in the U.S. impact on Europe and China’s economic prospects?
On this week’s Market Week in Review video, Chief Investment Strategist Erik Ristuben explains how economic data—specifically retail sales and the Producer Price Index (PPI)—affected U.S. markets this week and why median expectations for U.S. earnings season decreased when compared to the third quarter of 2015. Ristuben then discusses a recent economic report released by the Fed, widely known as the “Beige Book,” and why it sparked speculation that a Fed rate hike timing may be delayed until 2016.
Blair Lowman hosts this week’s market update, which also examines the market activity in Europe and China as well as how this week’s news influenced global economic volatility and growth.