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The global financial community is gearing up for the Jackson Hole Symposium taking place from August 22-24. Attention is focused on Powell's speech at 10:00 a.m. ET on August 23 (tap here to reserve your spot for the live stream), which typically offers insights into the Federal Reserve's monetary policy outlook. This year's gathering is themed "Reevaluating the Effectiveness and Transmission Mechanisms of Monetary Policy."...

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The options market is experiencing an unprecedented boom with an average of 44 million contracts changing hands every day in 2023. This figure has doubled compared to five years ago and is on track to set an annual record, according to Options Clearing Corp's data.
The surge in activity indicates that many traders are willing to take significant risks in the market for bigger payouts than traditional buy-and-hold investments.
$Tesla (TSLA.US)$ remains a...