Jessica Menton
speaker
431 appearances
12 recordings
1 series
first heard Nov 2018
last heard Apr 2019
Jessica Menton’s voice in public audio — every appearance, attributed to the second.
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Appearances
The past two months is the first two months since I believe it was 2013 that every sector in the S&P 500 posted back-to-back gains.
And that was really led by industrials, which got hit hard along with other sectors in the fourth quarter, but those mostly due to the fact that they're exposed overseas, especially in China and a lot of those concerns.
And since those have eased, it's really helped cyclical areas like that in addition to that energy.
Thanks so much for having me.
And looking ahead to this week, we're going to keep a lookout for Jerome Powell, the Federal Reserve chair.
He has two days of testimony on Tuesday and Wednesday.
And we also have the trade deadline between the U.S.
and China on March 1st.
So those are two big catalysts that investors are keeping on their radar to see more as far as looking at the health of the economy and then also as far as what's going on with the trade tensions between the U.S.
and China.
Yes.
And that potentially is typically a more backward looking indicator because it is for the fourth quarter.
But at the same time, that is supposed to be the big holiday quarter.
Consumer spending is really what drives the economy.
That's two thirds GDP.
of growth right there.
And so economists and investors are still going to hone in on it.
But we have gotten some indicators since then to give them a bit clearer picture.
We've had retail sales numbers come in, not quite as strong as people were expecting.
But still, the market didn't necessarily sell off on that data like it did in the fourth quarter when rallies weren't really holding.
Showing 81–100 of 431 · page 5 of 22
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