Video: Mark Rogers on the US Economy — Week of September 23, 2013

Econoday’s Mark Rogers provides a look at key economic announcements for the US this week and makes sense of what is going on with the Fed.

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Econoday reports, available on TradingScreen’s award-winning TradeSmart EMS, provide alerts on upcoming economic announcements, and jargon-free analysis of their potential market impact. Mark Rogers, Senior Economist for U.S. markets, has over 19 years of experience with the Federal Reserve Bank of Atlanta as an economist and forecaster for national and regional economies.

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Highlights:

  • Recap of Fed decision: “Hanging over the markets for some time.” 0.27
  • Expectations: “No taper at the end of December, or even January.” 1.45
  • The marks of sustained improvement: “The Fed is looking at the broad picture of the labor market.” 2.00
  • Why the big swings on tapering expectations? “Bernanke: The economy is where we expected back in June.” 2.22
  • Government shutdown looms: “There could be a confidence reaction in the market if there is not resolution soon.” 2.50
  • Home price expectations: “There could be an offset after the fear of taper goes away.” 5:10
  • New and pending home sales and personal income: “Based on the latest employment, we might be a good number for August.” 6.20
  • Consumer confidence, sentiment expectations: “The aggregate seems to be fairly decent for August.” 8.20