How the Fed Meeting And Jobs Numbers Make or Break The Market

Video Credit: The Street
Published on October 29, 2019 - Duration: 01:30s

How the Fed Meeting And Jobs Numbers Make or Break The Market


It's safe to safe that it's a busy week for the market.

Not only are we knee-deep in earnings, but we've got the Federal Reserve meeting about interest rates, and the jobs report at the end of this week.

Tony Owusu, reporter fort TheStreet who is covering earnings season, and Ryan Payne, president of Payne Capital Management, sat down with TheStreet to talk about how big earnings and the economic events we'll get later this week are impacting the markets as well as the economy at large.

"I think investors are back to trading on the fundamentals and kind of the fear of the trade war and the fear of the Fed raising rates is kind of moved to the back burner right now.

[Take] Beyond Meat .

The stock is down big today, but that's logical because the lockup period is over.

Even though the company did report its first profits ever.

And then you have ConocoPhillips also rise...So you have investors trading on the fundamentals and that's always a good sign to see instead of trading on fear," said Owusu.

Watch the full video for more.

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