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Ryan Nauman's Weekly Recap: COVID-19 Market Edition 11.01.21

The much-anticipated November FOMC meeting takes place during the upcoming week, which is sure to catch the attention of investment professionals. The FOMC is expected to lay out its plan for tapering its asset purchases during the meeting. I will be most interested in the pace of the tapering with inflation climbing higher and employment costs reaching all-time-highs. Will the FOMC be aggressive, or will it spread the tapering out over a longer time period, so it does not hinder the labor market recovery and economy? As for the labor market, we get the ever-important jobs report on Friday. Recent months have shown the job market has lost some momentum, but jobless claims continue to fall.

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Ryan Nauman

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