Economic Beat: A good week for market-moving economic data

How will current market developments affect you? The thought leaders at Fifth Third Bank can help make sense of it all. Listen to the Economic Beat as they discuss what happened last week and what they expect will be the focus of this week.

Economic Beat: August 22, 2022

The major averages were all lower last week, with the S&P 500 and Nasdaq down after four-straight weeks of gains. The week's decline in prices also brought some ongoing headwinds back into focus for market bears, including thoughts that recent strength has just been a bear market bounce, inflationary pressures, stretched valuations, and geopolitical concerns. On the other end of the spectrum, the peak inflation narrative continues to take hold with market bulls. They also find comfort in the recent strong labor market data and better-than-feared earnings reports. Listen to this week’s full Economic Beat update or read the transcript below.

To listen to past Economic Beat updates, click here.