Jackson Hole

Traders are anxiously awaiting the Federal Reserve’s annual Jackson Hole Symposium. This highly anticipated event could set the tone for the Fed’s future policy actions, especially as investors anticipate a rate cut at the upcoming September meeting. All eyes are on Fed Chair Jerome...

The S&P 500 and Nasdaq 100 extended their upward streak on Monday, both logging a robust eight consecutive sessions in positive territory as traders maintain optimism about the U.S. economic outlook and improving financial conditions ahead of the Federal Reserve’s anticipated rate-cut...

This week, all eyes are on the Jackson Hole Economic Symposium, hosted by the Federal Reserve from Thursday, Aug. 22, to Saturday, Aug. 24. The event is set to be a key moment for financial markets, with investors eagerly awaiting signals from Fed Chair Jerome Powell‘s speech scheduled for...

Wall Street kicked off the week leading up to the Federal Reserve’s Jackson Hole Symposium with a positive momentum as traders anticipate reassuring signals from policymakers about the impending start of interest rate cuts, following further easing of inflation last month. Both the S&P...

Mary Daly, the President of the San Francisco Federal Reserve, expressed her support for a cautious approach to interest rate cuts, in a recent interview. This comes amid mounting confidence in inflation control. What Happened: Daly, a voting member of the Federal Open Market Committee, has...

Last week, investors/traders eagerly anticipated two main events: Nvidia's (NASDAQ: NVDA) earnings report and Federal Chair Jerome Powell's speech at Jackson Hole. As expected $NVDA beat their earnings by 24% and up over 100% from a year ago. As expected, the markets (mainly NASDAQ: QQQ)...

Markets displayed a response Friday to the Federal Reserve’s Jackson Hole symposium that defied pre-event concerns. The first day of the annual Fed conference unveiled a mix of hawkish and dovish insights from the Federal Reserve, ultimately providing a reassuring tone to investors. Fed...

In a day marked by a chorus of voices from the Federal Reserve at the prestigious Jackson Hole Symposium, a wide range of opinions echoed through the financial corridors. As Fed Chair Jerome Powell struck a more hawkish tone, indicating the readiness to further hike rates if circumstances dictate,...

Financial magnates congregated at the annual Jackson Hole Economic Policy Symposium on Friday, and all ears were on the Federal Reserve’s policy direction. With Fed Chair Jerome Powell laying out the blueprint, Chicago Fed President Austin Goolsby carved out his distinct perspective in an...

FOMC member and Cleveland Fed President Loretta Mester echoed comments from Fed Chairman Jerome Powell that there is a long ways to go to improve inflation. Here’s a look at what Mester had to say about the current state of the economy and what’s ahead. What Happened: Mester, the...

In a keenly-watched address at the Jackson Hole Economic Policy Symposium, Federal Reserve Chair Jerome Powell set the stage for potential interest rate hikes, reiterating the Fed’s commitment to price stability. Wall Street, always ready to interpret and forecast based on Fed speak, has a...

Following Federal Reserve Chair Jerome Powell’s opening remarks at the Jackson Hole Symposium, Patrick Harker, president of the Federal Reserve Bank of Philadelphia, offered his perspective. Harker’s message took a more dovish turn compared to the board chairman’s stance, which...

This piece was originally published on August 25th, 2023. Fed Chairman, Jerome Powell, spoke in Jackson Hole today. Here are my notes on the speech with some additional commentary: Quickly said there’s a “long way to go” to get inflation under control. (DKI:  He’s...

To gain an edge, this is what you need to know today. Bears Take A Stand Please click here for a chart of Invesco QQQ Trust Series 1 (NASDAQ: QQQ). Note the following: The chart is a monthly chart to give you a long term perspective. The chart shows the key resistance line....

This piece was originally posted on August 24th, 2023. Fed Chairman, Jerome Powell, will be speaking at a conference in Jackson Hole tomorrow. Market participants are expecting further insight into Powell’s thoughts on future interest rate hikes. Many are insisting the Fed is destroying the...