Thoughts on the Market

Pay Attention to Data, Not Market Drama

Aug 12, 2024
Seth Carpenter, Morgan Stanley's Global Chief Economist, dives into the recent market turbulence stemming from central bank actions. He explains how the Bank of Japan and the Federal Reserve influenced volatility, revealing that the data isn’t as alarming as it appears. Carpenter highlights the BOJ's surprising comments on future rate hikes and how market expectations shifted dramatically. He emphasizes the importance of understanding these dynamics for navigating economic uncertainties and maintaining cautious optimism despite potential growth slowdowns.
Ask episode
Chapters
Transcript
Episode notes