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Stocks, Bonds and Commodities Paint the Week Red (E189)

Author
DoubleLine
Published
Fri 01 Nov 2024
Episode Link
https://dline-minutes.podbean.com/e/stocks-bonds-and-commodities-paint-the-week-red-e189/

DoubleLine Portfolio Manager Samuel Lau and Analyst Mark Kimbrough review the Oct. 28-Nov. 1 week of losses in stocks (1:45), led lower by tech and real estate; higher interest rates (4:03); and lower commodity prices (5:46), with energy getting pummeled. Their review of the week’s macro news (7:18) includes still strong housing prices, a strong GDP report for the third quarter and weaker-than-expected nonfarm payrolls. Looking to the week ahead (25:34), after the presidential and congressional elections, Thursday’s meeting of the Federal Open Market Committee and Federal Reserve Chairman Powell’s news conference will be topping Sam and Mark’s items to watch.

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