U.S. interest rate hikes…coming in September?

In this week’s market update:

  • September interest rate hike seems most probable following this week’s U.S. data
  • German bund continues to go up as Eurozone data improves
  • Should investors still be worried about economic growth in China?

On Market Week in Review, Chief Investment Strategist Erik Ristuben discusses the unlikeliness of a June U.S. interest rate hike following the U.S. Federal Reserve meeting minutes and U.S. data this week. He says he expects the U.S. economy to continue to accelerate, basing his conclusion primarily on strong job growth in the past 18 months.

Ristuben also discusses the German bund yields which continued to go up as investors see economic data in Europe continue to improve, and the recent strength of the U.S. dollar has been positive for the European economy.

He concludes this week’s episode by addressing the fears surrounding sputtering economic growth in China, noting the market needs to stay better than bad in order to not impact the other economies globally.

Alexandra Davis hosts this week’s market update.