The Bell Ringers #16: Did Trump's Fake Phone Call Save The Market?

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Clement Thibault & Jesse Cohen, Clement Thibault, and Jesse Cohen द्वारा - Player FM और हमारे समुदाय द्वारा खोजे गए - कॉपीराइट प्रकाशक द्वारा स्वामित्व में है, Player FM द्वारा नहीं, और ऑडियो सीधे उनके सर्वर से स्ट्रीम किया जाता है। Player FM में अपडेट ट्रैक करने के लिए ‘सदस्यता लें’ बटन दबाएं, या फीड यूआरएल को अन्य डिजिटल ऑडियो फ़ाइल ऐप्स में पेस्ट करें।

Join senior analysts Jesse Cohen and Clement Thibault as they review the most significant events that impacted financial markets last week and look ahead to what are likely to be the top business and financial stories in the week ahead.

The format is simple: the two will spend three minutes talking about each topic; a bell then sounds once time is up, whereupon they'll move on to the next topic.

This week’s episode starts with thoughts on yet another wild and crazy week on Wall Street, where U.S. stocks ended a volatile month on a high note thanks to a phone call that President Donald Trump said took place between U.S. and Chinese trade negotiators - something which Beijing has left largely unconfirmed.

Next up: The two discussed last week’s relatively strong U.S. economic data, which revealed the strongest pace of consumer spending in more than four years, and whether fears of an impending recession are justified.

Finally, the two talk about the latest Brexit developments as markets grapple with the fallout from U.K. Prime Minister Boris Johnson’s suspension of parliament.

Turning their attention to the week ahead, the duo provided their opinions and thoughts on how markets are likely to perform in the coming days and whether we’re setting up for another volatile week as September kicks off.

The two also touched on what’s in store on the data front, with the monthly U.S. nonfarm payrolls report as well as fresh readings on ISM’s manufacturing and services indices all on the agenda in the days ahead.

Finally, the two also focused on the latest batch of quarterly earnings due this week, including financial results from recent IPOs Slack and Zoom.

To close out the episode, they each provided their stock of the week: Palo Alto Networks for Jesse and Philip Morris for Clement.

Find us on Twitter for feedback @Investingcom, @BellRingersPod, @JesseCohenInv, and @ClemThibault!

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