In this episode, our experts opine on the economy, considering three key indicators making a splash this week: unemployment claims are down, but so was the first quarter estimate of Gross Domestic Product (GDP), while inflation stayed stickier than hoped for in May. Meanwhile, bond yields moved higher, and the stock market is having a heyday, despite the dollar hitting a three-year low. We will be off next week for the July 4th holiday, and look forward to bringing you fresh insights the followi...
Jun 30, 2025•23 min•Ep. 174
The Federal Open Market Committee (FOMC) met this week to report on dampened economic projections, forecast two potential rate cuts in the remainder of the year, and reaffirm the wait-and-see approach that has been a hallmark of Fed policy thus far in 2025. Our experts analyze what came out of the meeting, how investors should respond, and what the future may hold. We also break down the key provisions in the One Big Beautiful Bill Act as passed by the U.S. House of Representatives, what comes n...
Jun 23, 2025•28 min•Ep. 173
In this week's episode, Ather Bajwa, Managing Director of Multi-Strategy Research, joins us to deliver a masterclass in private credit – what it is, why it’s important, and what to consider before investing. We also unpack new surveys and reports across a variety of topics including unemployment, inflation, and volatility. As usual, we look at where the markets are in light of the global and national news of the day, such as increasing conflict in the Middle East and the upcoming Federal Open Ma...
Jun 16, 2025•24 min•Ep. 172
In this week's episode we unpack three reports about the labor market; the mixed results show an uptick in new job openings amid increasing initial weekly unemployment claims, though the unemployment rate remains steady at 4.2%. We also discuss the Federal Reserve’s Beige Book report, which shows elevated levels of consumer and commercial uncertainty ahead of the June 18 Federal Open Market Committee meeting. As always, we analyze how this news is affecting the equity and fixed income markets. S...
Jun 09, 2025•23 min•Ep. 171
In this week's episode, we delve into the big economic news shaping our world and portfolios. We provide updates on the job market, modest gross domestic product (GDP) growth, the Personal Consumption Expenditures price index and an uptick in inflation, new tax policies and the National Deficit, and what the Federal Reserve might be thinking for the rest of this year and beyond (notably, the long-lasting implications of the potential loss of safe haven status in U.S. Treasury bonds). Speakers: B...
Jun 02, 2025•23 min•Ep. 170
In this week's episode, our experts unpack the past few days following positive news on tariff discussions between the United States and China. We also provide observations on the final earnings calls of the first quarter of 2025, changes in consumer sentiment, ongoing uncertainty around the Federal Reserve, what happened in the Treasury Bond market, and how proposed tax and spending plans from Congress will impact the federal deficit. Please note that we will not release a new episode next week...
May 20, 2025•24 min•Ep. 169
In this week's episode, we review the news from Wednesday’s Federal Open Market Committee (FOMC) meeting, highlighting four themes: a slower path to rate cuts; rising risk of policy dilemma and potential stagflation; decisions will be made based on data, not any pre-committed timelines; a policy bias towards easing but with less conviction. Overall economic indicators remain stable, setting us up for a peaceful weekend to celebrate the mothers in our lives this Mother’s Day. Speakers: Brian Piet...
May 12, 2025•22 min•Ep. 168
In this week's episode, our investment experts explore three major themes from the week: negative real gross domestic product (GDP) growth, inflation, and the labor market. We discuss how these factors affect equity and bond markets, and overall sentiment regarding the economy. We also consider if the relatively positive news from this week continues into the weeks and months ahead, or if the full negative impact of tariffs will make for a sobering summer. 01:51 – The advance estimate for the fi...
May 05, 2025•24 min•Ep. 167
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel delves into the ongoing volatility from President Trump’s on-again/off-again tariffs, the public tensions between Trump and Federal Reserve Chair Jerome Powell and the question of a Fed free of political influence, and what happened with earnings in the first quarter of 2025. 01:52 – Both new unemployment claims and continuing unempl...
Apr 25, 2025•24 min•Ep. 166
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into CPI inflation, initial unemployment claims, tariffs, the equities and bond market, and rate cuts. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities 03:48 – The Bureau of Labor Statistics released a favorable Consumer Price Index ...
Apr 14, 2025•27 min•Ep. 165
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the ISM Report on Business, new non-farm payroll data, tariffs, the equities market, and rate cuts. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities 01:13 – The ISM Report on Business was ...
Apr 04, 2025•22 min•Ep. 164
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the U.S. Consumer Confidence report, GDP, PCE inflation, equities, the credit market, and municipal bonds. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities Tim McDonough, Director of Fixed Income Portfolio Management 03:20 – The...
Apr 01, 2025•24 min•Ep. 163
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the recent FOMC meeting, credit markets, and the yield curve Speakers: Brian Pietrangelo, Managing Director of Investment Strategy Cindy Honcharenko, Director of Portfolio Management George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Key points include: 01:34 - This Week's Market and Economi...
Mar 25, 2025•21 min•Ep. 162
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into the JOLTS report, CPI and PPI data, the equities market, tariffs, foreign government spending, the credit market, and the upcoming FOMC meeting. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy Donald Saverno, Director of Investment Research Rajeev Sharma, Head of Fixed Income Stephe...
Mar 14, 2025•24 min•Ep. 161
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into PMI data, the Fed’s Beige Book, the Employment Situation Report, the credit market, the U.S. dollar, and the upcoming Key Wealth National Call. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, ...
Mar 10, 2025•23 min•Ep. 160
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into initial unemployment claims, PCE inflation, equities, treasuries, consumer spending, and the upcoming Key Wealth National Call. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities...
Feb 28, 2025•26 min•Ep. 159
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into initial unemployment claims, the concept of a “Mar-A-Lago Accord”, the credit market, the FOMC meeting minutes, and the upcoming Key Wealth National Call. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Step...
Feb 24, 2025•21 min•Ep. 158
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into CPI inflation data, retail sales, corporate earnings, the credit market, and commodity trends. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities 02:00 – The Consumer Price Index...
Feb 17, 2025•23 min•Ep. 157
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into PMI data, the JOLTS report, Nonfarm Payrolls, potential rate cuts, the yield curve, fourth quarter earnings, recent tariff policies, and Super Bowl LIX predictions. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy Connor Cloetingh, Director of Investment Research Rajeev Sharma, Head ...
Feb 07, 2025•20 min•Ep. 156
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into fourth quarter GDP, PCE inflation, the FOMC meeting, the equities market, and artificial intelligence (AI). Speakers: Brian Pietrangelo, Managing Director of Investment Strategy Cindy Honcharenko, Director of Fixed Income Portfolio Management George Mateyo, Chief Investment Officer Rajeev Sharma, Head of...
Feb 03, 2025•25 min•Ep. 155
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into the initial unemployment claims, the equities market, interest rates, and the upcoming FOMC meeting. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities 01:18 – Initial unemployme...
Jan 27, 2025•21 min•Ep. 154
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into the Beige Book, CPI data, the stock and bond markets, tariffs, the debt ceiling, and Key Wealth’s 2025 Outlook. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities 02:07 – The Fed...
Jan 22, 2025•21 min•Ep. 153
In this week's Market Minutes recap, hear from our team of investment experts as they share their perspectives on the latest market and economic activity. Our panel shares detailed insights into the JOLTS report, the Employment Situation, treasury yields, the Fed, and tariff policies. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities 01:28 – A recap of important economi...
Jan 13, 2025•24 min•Ep. 152
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the FOMC meeting, GDP, and predictions for 2025. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy Cindy Honcharenko, Director of Portfolio Management George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities 01:31 – The Federal Reserve (Fed) cut ...
Dec 20, 2024•23 min•Ep. 151
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the initial unemployment claims, CPI data, next week’s FOMC meeting, the bond and equities markets. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities 02:21 – Initial unemployment claims for...
Dec 16, 2024•20 min•Ep. 150
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the PMI reports, initial unemployment claims, the Employment Situation report, the Beige Book, our 2025 investment and economic outlook, and the upcoming FOMC meeting . Speakers: Brian Pietrangelo, Managing Director of Investment Strategy George Mateyo, Chief Investment Officer Rajeev Sharma, Head of Fixed Income St...
Dec 09, 2024•26 min•Ep. 149
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the US Leading Economic Indicator, existing home sales, the equities market, SEC chairperson resignation, the bond market, and rate cuts. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy Rajeev Sharma, Head of Fixed Income Stephen Hoedt, Head of Equities 01:11 – The Conference Board’s US Leading...
Nov 22, 2024•18 min•Ep. 148
The Key Wealth Matters weekly podcast covers important topics including the markets, the economy, and investing. This week's episode features discussions on: Market updates, with the S&P 500 down slightly this week despite being up 25% year-to-date. Rising Treasury yields are making further gains difficult. Tax policy under the reelected President Trump, including plans to make his 2017 tax cuts permanent and possibly lower the corporate tax rate further. Implications for the municipal bond ...
Nov 19, 2024•24 min•Ep. 147
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the Purchasing Manager’s Index, the recent U.S. presidential election, the equities and bond markets, and the recent FOMC meeting. Speakers: Brian Pietrangelo, Managing Director of Investment Strategy Cindy Honcharenko, Director of Fixed Income Portfolio Management George Mateyo, Chief Investment Officer Rajeev Shar...
Nov 13, 2024•23 min•Ep. 146
In this week's jam-packed Market Minutes recap, hear from our team of experts as they share their perspectives on the latest economic reports. Our panel shares detailed insights into the bond and equities markets' reactions to the latest reports and looks ahead to next week's US presidential election and FOMC meeting. This week's episode also features special guest, Joe Velkos, who overviews the proposed tax policies of both presidential candidates. Speakers: Brian Pietrangelo, Managing Director...
Nov 01, 2024•27 min•Ep. 145
