Join Investing.com senior analysts Jesse Cohen and Clement Thibault as they review the most significant events that impacted financial markets last week and look ahead to what are likely to be the top business and financial stories in the week ahead.
The format is simple: the two will spend three minutes talking about each topic; a bell then sounds once time is up, whereupon they'll move on to the next topic.
This week’s episode starts with: thoughts on Wall Street’s dismal weekly performance, which saw the S&P 500 and Nasdaq indices both notch their worst weekly performances of the year as U.S. President Donald Trump’s threat to impose more tariffs on Chinese goods rattled markets.
Next up: The two discussed the Federal Reserve’s policy meeting, which resulted in a widely expected rate cut, however Fed Chair Jerome Powell came off as more hawkish-than-expected at the central bank’s post-meeting press conference after he described it as a “mid-cycle adjustment”.
Finally, the two summarize last week’s major earnings on Wall Street, which saw companies such as Apple, Advanced Micro Devices, and Beyond Meat report their latest quarterly results.
Turning their attention to the week ahead, the duo provided thoughts on how markets are likely to perform in the coming days as investors continue to focus on the U.S.-China trade dispute and expectations for more easing from the Federal Reserve.
The two also touched on what’s in store on the earnings front, with media companies like Disney, CBS and Viacom all set to report their latest results in the days ahead.
They also discussed what to watch from UBER and Lyft earnings, as the ride-sharing industry is likely to be in the spotlight.
To close out the episode, they each provided their stock of the week: The Trade Desk for Jesse and CVS for Clement.
Find us on Twitter for feedback @Investingcom, @BellRingersPod, @JesseCohenInv, and @ClemThibault!