The bond market bounces higher after the better-than-expected September jobs report indicated the labor market may be stronger than previously expected. George Catrambone, head of fixed income and head of trading at DWS Group, joins Julie Hyman and Josh Lipton on Market Domination to outline his view that the Federal Reserve’s September 50 basis cut may have been preemptive and what it means for the fixed income market going forward. He says the Fed may have been too eager to cut 50 basis points at the September meeting, explaining, “I think they were in front, and I think it’s too early to call it a policy error. But the data […]
Middle Eastern conflict has escalated following Iran’s missile strike on Israel on Tuesday. Eurasia Group Founder & President Ian Bremmer joins Market Domination to discuss the aftermath of this intensifying geopolitical situation. Bremmer notes that Iran’s strike on Israel was “significantly greater” and posed considerably more danger than the strike back in April, when the Iranians sought to retaliate for the assassination of a leader in Tehran. He points out that the strike on Israel was telegraphed to the Americans, allowing Israel to implement defenses and safety measures. As a result, Bremmer observes, “it was very hard for Iranians to cause any significant damage.” “They clearly tried to meet in […]
