Jackson Hole

To gain an edge, this is what you need to know today. Nvidia To The Rescue Please click here for a chart of NVIDIA Corp (NASDAQ: NVDA). Note the following: The Morning Capsule is about the big picture, not an individual stock. The chart of Nvidia stock is being used because Nvidia...

Susan M. Collins, the President and CEO of the Federal Reserve Bank of Boston, acknowledged a “promising sign on inflation.” In an interview with Yahoo Finance, Collins shared her insights on the current state of inflation, the path forward for interest rates, and the challenges in the...

Federal Reserve Bank of Philadelphia President Patrick Harker talked about the state of the consumer and gave his read on the economy Thursday morning at the Jackson Hole Symposium.  What To Know: We are seeing strong GDP growth alongside declining inflation and low unemployment, but...

In the lead-up to the renowned Fed’s Jackson Hole Symposium, scheduled to commence on Thursday, market participants are intensifying their bets on a potential rate hike. Rate hike expectations for the November meeting have climbed again, as investors fear hawkish surprises from Fed members...

Political commentator and stock broker Peter Schiff opined that the most significant threats to the United States are not external forces like Russia or China, but rather its own Federal Government and the Federal Reserve. What Happened: In a recent tweet, Schiff expressed his concerns, stating,...

Renowned economist Claudia Sahm recently shared her insights on the upcoming Jackson Hole symposium, emphasizing the significance of the neutral rate of interest and its implications for the Federal Reserve’s monetary policy. What Happened: Sahm, in a series of tweets, delved into the...

Economists and central bankers are preparing to gather at the Federal Reserve‘s scenic retreat in Jackson Hole, Wyoming. The symposium, which takes place from Aug. 24-26, will emphasize diversity in terms of region, background, and industry. This year’s theme, “Structural Shifts...

In a stark reminder of past market turbulence, Bitcoin’s (CRYPTO: BTC) recent crash coinciding with SpaceX’s alleged unexpected pull-out has experts cautioning against a return to the volatility witnessed during the “Elon-driven tops and...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by another 0.8% on Monday morning after a 3.4% plunge Friday in the wake of bearish commentary from Federal Reserve Chair Jerome Powell at the Jackson Hole Economic Symposium. Investors were hopeful that strong labor data and indications that...

The SPDR S&P 500 (NYSE: SPY) took a nose dive beginning at 10 a.m. Friday when Federal Reserve chair Jerome Powell began to speak at the annual Jackson Hole Economic Symposium in Wyoming. The stock market’s bearish reaction was due to both Powell’s overall hawkish tone as well...

Federal Reserve Chair Jerome Powell was among the most anticipated speakers at the Economic Symposium in Jackson Hole, Wyoming Friday. Here’s a look at what Powell said in the fight against inflation. What Happened: Powell said the Federal Reserve’s goal remains getting...

"It's getting to the point where you can set your clock to it,” read a Tuesday report by Bespoke Investment Group. What's the market analysis firm referring to? Selling stocks when the yield on the 10-year U.S. Treasury reaches 3%.  And that’s been the case this week....

Wall Street looks set to start the first trading session of the week on a markedly negative note, extending the downward momentum from Friday. The major U.S. averages finished the week ended Aug. 19 on a low note, with the S&P 500 Index snapping a four-week winning streak and ending down 1.2%...

The dollar index hit its highest level since mid-July, trading near 108.22 during Monday morning Asia session, following a hawkish comment from a U.S. Federal Reserve official last week.  Traders are also eyeing Fed Chair Jerome Powell’s speech on the economic outlook...

Markets ticked higher on Thursday after Federal Reserve Chair Jerome Powell gave a speech at the Jackson Hole annual economic symposium outlining the Fed’s new approach to inflation. What Happened? Powell discussed the Fed’s new “average inflation targeting” policy in which...