A Mixed Bag for Markets and the Fed Signals a Dovish Tilt (E226)

DoubleLine Portfolio Manager Eric Dhall and Fixed Income Asset Allocation Strategist Ryan Kimmel break down market moves of the week ended Aug. 8, 2025, following a volatile stretch driven by geopolitical headlines and shifting interest-rate expectations. They discuss a rebound in equities (00:56), a modest pullback in fixed income after last weeks’ rally (2:48), a mixed picture for commodities (4:04) and currency dynamics (7:08). Over in Macro Land (9:35), Eric and Ryan review a quiet data week, highlighting durable goods revisions, ISM services softness and jobless claim trends. They also explore the implications of a potential Federal Reserve rate cut in September and the nomination of a dovish Fed governor. Next week’s prints will include possibly impactful CPI and PPI reports (18:26).