(Wednesday Market Open) The Fed might steal the show today with minutes from its last meeting and a host of speakers approaching podiums. Otherwise, focus remains on coronavirus, but stocks ticked higher in pre-market trading after yesterday’s nice late comeback.
Five Fed officials deliver remarks Wednesday at separate events. Some things to consider listening for—besides any interest rate or balance sheet observations—include their thoughts on how coronavirus might affect the economy, the impact of the virus on China, the latest inflation data, and how U.S. economic growth is shaping up.
If you check what analysts have been saying, Q1 gross domestic product (GDP) might be below 2%. The futures market is building in higher chances of a Fed rate cut in the coming months, maybe in part because of the virus and its impact (see more below). Fed minutes are due this afternoon and could give some insight into recent thinking on Constitution Avenue back when the Federal Open Market Committee (FOMC) left rates unchanged last month.
Tune in to TD Ameritrade Network for live programming and the latest market insights.
TD Ameritrade Network is brought to you by TD Ameritrade Media Productions Company. TD Ameritrade Media Productions Company and TD Ameritrade, Inc., member FINRA/SIPC are separate but affiliated subsidiaries of TD Ameritrade Holding Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer.
Check out our wide range of educational resources including articles, videos, an immersive curriculum, webcasts, and in-person events.
Join a live webcast for real-time information on a variety of topics or watch pre-recorded sessions.
Open and fund a new account
for thinkMoney ®
Financial Communications Society 2016
for Ticker Tape
Content Marketing Awards 2016
Content intended for educational/informational purposes only. Not investment advice, or a recommendation of any security, strategy, or account type.
Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade. Clients must consider all relevant risk factors, including their own personal financial situations, before trading.
Market volatility, volume, and system availability may delay account access and trade executions.
Past performance of a security or strategy does not guarantee future results or success.
Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses. Options trading subject to TD Ameritrade review and approval. Please read Characteristics and Risks of Standardized Options before investing in options.
Supporting documentation for any claims, comparisons, statistics, or other technical data will be supplied upon request.
This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Hong Kong, Japan, Saudi Arabia, Singapore, UK, and the countries of the European Union.
TD Ameritrade, Inc., member FINRA/SIPC. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank. © 2020 TD Ameritrade.