Fed Decision and Market Reactions - July 30th Recap
Fed Decision and Market Reactions - July 30th Recap
In this episode of Dividend Cafe, Brian Szytel recaps the outcomes of the recent Federal Reserve meeting held over the past two days. The Fed decided to maintain interest rates between 4.25% and 4.5%, which led to mixed reactions in the market. Despite initial market rallies, comments by Fed Chairman Jerome Powell led to a reversal, resulting in a net loss for the DOW and modest movements in the S&P and Nasdaq. Significant data discussed includes the better-than-expected Q2 GDP figures and fluctuating private payroll and housing sales data. Brian also touches on the historical context of industrial production and productivity growth post-2008 financial crisis. The episode closes with a Q&A segment, addressing the broader economic trends and their implications.
00:00 Introduction and Market Overview
00:08 Fed Meeting Insights and Market Reactions
01:51 Economic Calendar Highlights
04:11 Industrial Production and Productivity Post-Financial Crisis
05:30 Q&A and Conclusion
Links mentioned in this episode: DividendCafe.com
Brian Szytel is the Co-CIO and Senior Managing Director of The Bahnsen Group.
View episodesGet new episodes of The Dividend Cafe automatically