Key Takeaways Bitcoin traders were selling ahead of Jerome Powell’s highly anticipated speech Friday morning at the Jackson Hole Economic Policy Symposium, preparing for the possibility that the Fed chair fails to signal that an interest rate cut is likely in September. Bitcoin options pricing indicated bearishness across time horizons. The “secular bull” for bitcoin may not be over yet, …
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Asian shares choppy, dollar rises as traders await Powell speech – Reuters
Asian shares choppy, dollar rises as traders await Powell speech Reuters Stock futures are little changed ahead of Powell’s Jackson Hole speech: Live updates CNBC Asian Stocks in Tight Range as Rate Cut Bets Pared: Markets Wrap Bloomberg.com Asia stocks cautiously advance ahead of Powell speech; Japan mixed on sticky CPI Investing.com Asian shares are mixed after Wall Street fell to its 5th straight …
Read More »Investors Expect Nvidia’s Earnings to Move the S&P More Than Powell’s Speech – The New York Times
Investors Expect Nvidia’s Earnings to Move the S&P More Than Powell’s Speech The New York Times Investors are closely watching Nvidia’s upcoming earnings Yahoo Finance 10 things to watch in the stock market Monday including Nvidia and geopolitics CNBC Why Nvidia Earnings Matter More To Markets Than What The Fed Chair Says Forbes Are Nvidia stocks the single biggest factor behind S&P 500, US …
Read More »‘There’s no hiding’: Powell faces daunting options in pivotal speech – Politico
‘There’s no hiding’: Powell faces daunting options in pivotal speech Politico Jerome Powell’s high wire act Politico The Fed is under full-scale assault. Jerome Powell is facing his toughest battle yet CNN Trump again attacks Fed chair, says Powell ‘hurting’ the housing industry Reuters Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool. The Wall Street Journal Source link
Read More »Al Jardine Rips Mike Love for Self-Indulgent Speech at Brian Wilson’s Funeral
Even Brian Wilson’s funeral couldn’t smooth over Al Jardine and Mike Love’s contentious relationship. In a recent interview with Rolling Stone, Jardine ripped his fellow Beach Boys member for making his speech about himself. “Mike wanted everybody to know that he wrote every single word of ‘Good Vibrations,’” Jardine said. “I didn’t feel the compassion, let’s put it that way. Mike’s got some …
Read More »Wall Street closes down as investors brace for Powell's speech – Reuters
Wall Street closes down as investors brace for Powell’s speech Reuters S&P 500 Gains and Losses Today: Walmart and Solar Stocks Drop; Paramount Skydance Soars Yahoo Finance S&P 500 posts fifth losing day ahead of Powell speech, Dow drops 150 points: Live updates CNBC Stock Market Today: Dow Leads Losses; Walmart Drops After Earnings — Live Updates The Wall Street Journal S&P 500 Extends …
Read More »Powell to deliver Jackson Hole speech Friday. What Wall Street expects
Federal Reserve Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. What’s at stake is the near-term sentiment for financial markets, the longer-term path of the Fed’s policy trajectory, and a not insignificant dose of trying to …
Read More »S&P 500 on Track for 5th Straight Day of Declines as Investors Brace for Powell Speech; Walmart Stock Drops After Earnings
Boeing in Talks to Sell 500 Planes to China, Report Says 3 hr 31 min ago Boeing (BA) is reportedly in discussions to sell as many as 500 jets to China in what would be a breakthrough for the aircraft manufacturing giant. Bloomberg News, which reported the news, said that the two sides are still working out the details, including the …
Read More »Jerome Powell is set to deliver a speech with high stakes : NPR
In his last Jackson Hole address as Federal Reserve chairman Friday, Jerome Powell will address the economic outlook and the Fed’s long-term balancing act between fighting inflation and unemployment. The speech comes as the central bank is under mounting pressure from the White House to lower interest rates. Kent Nishimura/Getty Images North America hide caption toggle caption Kent Nishimura/Getty Images …
Read More »Will Jackson Hole Speech Spark a Big Stock Market Move?
Key Takeaways Traders expect the S&P 500 to move about 0.8% in either direction through the end of the week, with Fed Chair Jerome Powell’s speech on Friday likely to be a driving force behind that move. Stocks jumped more than 1% the day of last year’s Jackson Hole speech, when Powell signaled the Fed was ready to cut interest …
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