Episodes
Wednesday Oct 19, 2022
Jurrien Timmer’s global macro view – October 17, 2022
Wednesday Oct 19, 2022
Wednesday Oct 19, 2022
Joining us today for a look at the latest market action is Jurrien Timmer, Director of Global Macro. Today with host Pamela Ritchie, Jurrien breaks down recent market numbers as US markets kicked off the week in green on all three major indices. But Jurrien believes this latest jump is just part of a zig-zag pattern of the market trying to find equilibrium. He says the market is either in price discovery mode or trying to find balance. He also says the stock market is now 85 percent along the way of reaching a typical recession decline of 33 percent and 78 percent along the path of discounting a recession. He also touches upon the latest in inflation, financials and the Fed. Stay tuned for this and more.
Recorded on October 17, 2022.
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