Hawks vs. Doves: Fed chatter and U.S. economic data

In this week’s video update:

  • Conflicting comments by Fed officials furthered market uncertainty this week. What should investors be aware of as we begin the second quarter of 2016?
  • How did markets react to good U.S. economic data, specifically the U.S. jobs report?
  • Highlights from Russell Investments’ recent Global Market Outlook—Q2 Update: Is the U.S. dollar running out of steam? How many rate hikes are expected by the Fed?

Chief Investment Strategist Erik Ristuben joins host Blair Lowman on this week’s Market Week in Review episode, discussing how Friday’s U.S. economic data points to a strengthening labor market— confirming his fellow strategists’ views that the probability of a U.S. recession in 2016 remains low.

While Fed Chair Janet Yellen and other Fed officials continued to send mixed messages about the outlook for inflation this week, Ristuben expects inflation will likely remain around the Fed’s target of 2.0% and will raise rates only a couple of times this year. As the U.S. dollar’s three-year bull run looks to be running out of steam, Ristuben also explains why uncertainty caused by the Fed contributed to the sliding dollar this week, affecting markets outside the U.S. both positively and negatively.

Our weekly Twitter poll: What do you think about Friday’s good economic news out of the U.S.? Click here to cast your vote @Russell_Invest