Tape Talk | Investing, Business, Wealth, And Your Money
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- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:38:12
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Synopsis
On this week's episode of Tape Talk, Quint and Daniel review what's been a quiet week in the market so far and dive into the much-hyped yield curve action. Bulls Return US stocks stabilized over the week after the previous weeks volatile sell-offs. Much of this calmer action seems to be attributed to the fact that economic data keeps coming in rather positive while headlines around the trade war escalation also seem to have slowed, for now. FOMC Minutes During the recording of this week's show, the FOMC meeting minutes from the most recent rate cut were released, which proved to be a non-event. While the Fed reiterated its stance that the recent rate cut may not be part of a new trend, markets seemed to find hope that the board overall was mixed on how deeply to cut rates this go around. How Rates Work While the Federal Reserve is heavily influencing liquidity and short-term rates in this environment, it's really the ten-year rates that people are focusing on. In fact, the 10-year yield was the catalyst fo