Chris Temple joins me for a discussion on the phase-one trade deal and what it means for markets, sentiment, and the possibility of a phase-two deal in the future. We focus a lot on markets and the other factors continuing to dive the indexes higher.
Ed Moya joins me to share views on the US equity markets and how recent data and general central bank policy could support a continued rise. There is no arguing that the current rally in US markets is due for a pullback however it could go one for a little while longer, being supported by recent news events. Pay close attention to Ed’s time frame because he is expecting volatility to creep back in the near term.
Anthony Saccaro, President of Providence Financial joins me to share his thoughts on the stability of the equity market around the world. With economic data continuing to decline it’s reasonable to think a recession is around the corner but there are a number of other factors that could hold the markets up. We dive into these other factors that have helped support the markets new all time high values and just how sustainable they are.
Marc Chandler, Managing Partner at Bannockburn Global ForEx joins me to look ahead to the economic data and and key meetings to watch for next week. While these events might not be market moving they will shed some more light on the trend of slowing economies around the world and the continued tensions not just between the US and other countries but also within some countries themselves.
Marc Chandler wraps up this week daily editorials by recapping the trade news/comments and economic data from around the world. We also look ahead to next week with a couple predictions on European and Chinese data on tap. Overall a big picture look at where trends are heading into 2020 and what the Fed will be forced to do will be the major drivers for markets.
Marc Chandler, Managing Partner at Bannockburn Global ForEx joins me for a comprehensive recap of economic from the US and around the world and how it all impacts the markets. We have seen a shift to a more risk on attitude but the safe assets are not getting hit as hard as one would think. All this data needs to be looked at in a big picture sense to help investors navigate these choppy markets.
Ed Moya, Senior Market Analyst at OANDA joins me to recap the recent mixed data that is shinning a light on the US consumer. The weak retail sales data is a negative sign but the strong bank earnings are telling a different story. These are both back looking data points but they are important to note as the consumer has been the main support leg for the US economy. We also wrap with comments on the extreme volatility in the Pound all thanks to the recent Brexit advancements.
John Rubino, Founder of the Dollar Collapse website joins me today to discuss why he is concerned about the balance between rising debt and falling interest rates. This all comes on the back of the weak data this morning out of Germany and all last week from the US.
Chris Temple joins me today for a full recap of the recent slew of weak economic data that has driven markets significantly lower. As much as the data has impacted markets there is a bigger story of global issues finally creeping into the US. Also take note of Chris’s comments regarding the US dollar.
After a disappointing ADP jobs number today that was preceded by the weak manufacturing data yesterday the overwhelming factor pointed to is global growth concerns. As much as Trump wants to push on the Fed to lower rates business are not willing to borrow more money and invest when the global outlook is so cloudy.
Ed Moya, Senior Market Analyst at OANDA joins me to focus on this overwhelming point. We look to the sectors that are showing this as well as some of the upcoming political events that have the potential to either clear up the situation or drive the world further into a recession.