Mixed Bag for Markets, Fed Signals Dovish Tilt

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 Fed 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).