last week and into this trading week. Northwestern Mutual Wealth Management Company CIO Brent Schutte joins Morning Brief to discuss his market and economic outlook.
He advises investors not to rely on Fed moves when investing in the market, as volatility can occur at any moment. Regarding Monday's global sell-off, Schutte comments:"That to me is a sign of a market that has some potential weakness in the future and that's why I think it could happen again."It looks like investors are buying some of that action that we have seen coming off of Monday's sell off.
And certainly the FED was head baked last year when inflation started going down and then it came back pretty, uh, you know, viciously this earliest year. If those continue rising like they have, I think the fear of a recession amplifies again tomorrow and we'll see what actually happens in the market thereafter.What is the recession portfolio playbook then that investors would be wise to at least kind of try to put together some type of framework around.
Banksy posted an image on Instagram of the monkeys looking as though they were swinging from underneath an east London tube station.Here's what the leaderboard looks like during Round 1 of the women's golf competition at the 2024 Paris Olympics on Wednesday at Le Golf National:ANKARA, Turkey — Turkey on Wednesday filed a request with a U.N. court to join South Africa’s lawsuit accusing Israel of genocide in Gaza, the foreign minister said.HIGH POINT, N.C.
Iran will not stay quiet over aggression, President Masoud Pezeshkian told French counterpart Emmanuel Macron according to state media on Wednesday, amid fears of more regional conflict after the killing in Tehran last week of Hamas' leader. "Iran will never remain silent in the face of aggression against its interests and security", Pezeshkian told Macron in a phone call, criticising Israel over the 10-month Gaza war.
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