The Bell Ringers #17: Will The Fed And ECB Set The Market Up For New Highs?

The Bell Ringers

Join Investing.com senior analysts Jesse Cohen and Clement Thibault as they review the most significant events that impacted financial markets last week and look ahead to what are likely to be the top business and financial stories in the week ahead.

The format is simple: the two will spend three minutes talking about each topic; a bell then sounds once time is up, whereupon they'll move on to the next topic.

This week’s episode starts with: thoughts on yet another action-packed week on Wall Street, where U.S. stocks enjoyed their second straight weekly gain amid easing trade tension between the U.S. and China.

Next up: The two weighed in on the troubles facing the potential WeWork IPO, which last week saw its valuation cut to as low as $20 billion from $47 billion due to softer than expected demand.

Finally, the two talk about the passive investment movement and whether recent talk that it is a bubble is justified.

Turning their attention to the week ahead, the duo provided their opinions and thoughts on how markets are likely to perform in the coming days and whether we’re setting up for more record highs on Wall Street.

The two also touched on what’s in store on the data front, with the latest reports on U.S. retail sales and consumer price inflation both on the agenda in the days ahead, as well as the European Central Bank’s policy meeting.

Finally, the two also focused on Apple’s product launch event, at which the tech giant is slated to unveil its next generation of iPhones.

To close out the episode, they each provided their stock of the week: Zscaler for Jesse and Aurora Cannabis for Clement. Find us on Twitter for feedback @Investingcom, @BellRingersPod, @JesseCohenInv, and @ClemThibault!