Equity markets closed October near record highs, and the Fed’s second rate cut of the year helped reinforce optimism across risk assets. Read on to learn more.
This week on 7 Market Movers, find out what's making headlines, including a second interest rate cut, strong corporate earnings, and positive equity markets.
This week on 7 Market Movers, we discuss the rise in global equity markets, third-quarter earnings season, and the Fed cutting rates for the first time in 2025.
In this special episode of 7 Market Movers, Gary, Aya, and Doug team up to cover what’s happened in the markets over the past week. Jobless claims came in better than expected this week, second quarter GDP numbers were revised up to 3.8%, and while major indices fell on Thursday, small caps and emerging markets have performed well—indicating a broadening of the market as a whole.
The Fed’s first rate cut of 2025 signals a shift in policy as labor market weakness becomes the central focus. While equities—especially tech stocks—rallied, inflation and tariff risks remain unresolved. Markets expect further rate cuts this year, but timing will hinge on upcoming jobs and inflation data.
Learn the 10 key rules for smart fund selection — from evaluating performance and fees to understanding risks. A guide for investors and portfolio managers to choose funds with confidence.
Christopher Boyd, CFP® Senior Vice President and Financial Advisor at Wealth Enhancement, was featured by Barron’s in “Your I Bonds Aren’t Hot Anymore. How to Decide Whether to Hold or Sell.”
Ayako Yoshioka CFA®, Senior Portfolio Manager at Wealth Enhancement Group was featured on Forbes in “S&P 500's Weight in Mag 7 Stocks Passes 30%. Is This a Diversification Risk?”