Amrith Ramkumar
speaker
860 appearances
16 recordings
1 series
first heard May 2018
last heard Sep 2021
Amrith Ramkumar’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · Stock Market: What Goes Down Doesn't Then Go Back Up · 11 Dec 2018
podcast
And that's why this year has been really hard for a lot of people.
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There have been very few places to run.
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And even today, we're seeing with some of the Brexit news moving markets.
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So it's been really challenging.
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So we'll have to see what happens in the next few weeks.
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Thanks for having me.
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Absolutely.
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They have their two-day meeting for November, like you mentioned, coming up.
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And people aren't expecting anything major, to be honest with you, at this meeting.
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But it's really the signals ahead of next month's meeting where a lot of people are expecting another rate increase.
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And the thing that people are really worried about, I guess, is the moves in treasury yields that kind of coincide with the Fed's signals in the next month or so.
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So while some people expect just the same kind of chatter about gradual rate increases, I
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It really moves in the bond market and even the currency market with the stronger dollar that are getting a lot of attention and could cause some further stock market swings like we saw last month.
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I think that's definitely fair to say, especially after last month.
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There is kind of uncertainty, I guess you could say, about how the Fed views the recent volatility.
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We have seen stocks come back a little bit and people expect that to stabilize.
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But like you mentioned, it's really the pace of economic growth in the fourth quarter.
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And again, all of this is happening with this background of trade chatter with the Group of 20 summit later this month.
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And President Trump and President Xi Jinping of China are supposed to meet there in Argentina.
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So it's, again, how the Fed views the pace of economic growth at the end of this year.
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