

Digging Out After Jackson Hole
Aug 26, 2024
Steve Sosnick, an expert in economic trends and the stock market, breaks down Fed Chief Powell's insights from the Jackson Hole meeting. He discusses the implications of potential interest rate cuts and revised employment data on markets. With the stock market near historic highs, the focus shifts to upcoming earnings reports, especially from AI-giant Nvidia. Sosnick emphasizes how these earnings could shape market dynamics and influence investor sentiment in the current economic landscape.
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