Departure Time Positive For the main Bags from the Old World Who is waiting for the speech? Jerome Powell Scheduled departure time from Jackson Hole Ore 16 ItalianEven Piazza Affari rose in the first hours of trading. Expectations of cost-cutting have solidified in recent weeks. Rates September Feddon’t want market After a month of living in August volatility They are still waiting for signs about future actions. Let’s see everything in the analysis.
Market rebound
In particular, we have witnessed in recent weeks Strong rebound All market fairespecially those worst performing indices, e.g. Nasdaq Egypt Nikkei IndexThe strong recovery has brought the price back close to the weekly high and may actually end now as we find ourselves in a very important testing area of the turbulent phase. volatility This will take a long time, and after the outburst at the beginning of this month, it is not reasonable to think that the oscillation will return to the levels of a few months ago.
Signs of Powell’s expectations
Many people are waiting Powell one Jackson Holeespecially due to the possible increase volatility This event may lead to marketPowell is expected to begin speaking around 4 p.m., so he will begin speaking about 30 minutes after the doors open. cash USAOperators are waiting for some predictions from him about future monetary policy. A Fed rate cut is now a predictable event, even if the FedWatch tool confirms at least one rate cut, since the probability of rates remaining stagnant is 0%, this probability has practically disappeared from statistical calculations. What will be most interesting is to gather signs about the scale and future path of rates, and Powell could disappoint expectations. Discussions that are too closely tied to data (data-dependent) could leave a bad impression on investors, who instead want a clearer vision of the future.
US stocks headed for redemption
Today’s clean things Powellagain for investor The act of bettingStars and Stripes Equity. Mark HeifelChief Information Officer UBS Global Wealth Management emphasizes that despite recent correctI US Stock Market They remain in favor due to solid economic fundamentals and expectations of rate cuts from the Federal Reserve. The year-end target for the S&P 500 remains ambitious at 5,900, with further gains to 6,200 by June 2025.