Wall Street Breakfast Wall Street Roundup: Markets celebrate Powell's Jackson Hole comments
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Aug 22, 2025 Markets are reacting to Powell’s comments from Jackson Hole, with a notable surge. Major retailers like Walmart and Home Depot are under the spotlight for their earnings, revealing insights into retail performance amid economic shifts. Nvidia's upcoming report is generating buzz as investors speculate on its future in AI. Meanwhile, Palantir has seen a decline, adding to the market's mixed signals. The discussion also touches on the ongoing pressure on Powell regarding inflation trends.
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Powell Shifted Market Easing Expectations
- Powell's comments suggested the Fed would have eased sooner if they had known recent labor weakness.
- Markets now price a full easing cycle rather than a single cut.
Monitor Fed Voices And Bond Yields
- Watch Fed speakers after Powell to gauge whether easing is truly coming and how deep it might be.
- Use bond yields and Fed official remarks to infer the likely pace of rate cuts.
Tariffs Are Hitting Retail Margins
- Retailers like Walmart and Home Depot beat revenue but missed on earnings due to tariff-related costs.
- Tariffs are starting to force price increases and compress retailer margins.