No Data
What to Expect in the Week Ahead (TGT and Palo Alto Earnings; FOMC Minutes and Powell's Jackson Hole Speech)
Jackson Hole Roadmap: Understand "The Most Important Meeting Next Week" in One Article
Chairman Powell of the Federal Reserve and Governor Bailey of the Bank of England will give speeches one after another. The media will also interview officials of all sizes about policy prospects. Goldman Sachs believes that Powell will send signals of "rate cut confidence" and "data dependence".
Senior officials from the Federal Reserve are sounding the alarm for impending recession: warning signals for the economy and employment are flashing!
Next year, Piotr Gulczyński, the chairman of the Polish National Bank, stated that there is a risk of continuously rising unemployment rates. The Federal Reserve may need to cut interest rates before the job market weakens further, otherwise it may act too late and jeopardize the economy.
Fed rate cut is imminent! Wells Fargo & Co: the US stock market will usher in a bull market comparable to 1995.
Paul Christopher, global investment strategist of Wells Fargo & Co, said that the US stock market is about to see an unprecedented rise in 30 years; the current market has similarities with the market in 1995, when the stock market was booming and the S&P 500 index hit 77 historical highs; investors may currently face an environment similar to that of 1995-inflation is declining, and the economy has not collapsed.
JPMorgan CEO Damian: Using the 'Buffett Rule' to combat the rich may be a solution to the US debt problem.
Damon believes that to reduce the financial burden, we can follow the Buffett rule and levy more taxes on the wealthy, that is, families with annual incomes exceeding 1 million US dollars should pay no less tax than middle-class families.
VIX Tumbles and Completes Largest 7-day Volatility Drop in History
…Period and what War crimes!! When are people going get Angry about Israel innocent civilians massacred and raped with American hostages taken captive. Let’s get seriously Angry about That!!! Unfortunately Palestine allowed terrorist to run free in their country, if you want to put the blame down it should be Hamas they set the fire in motion. Israel didn’t just wake day and attack Palestine, so get your facts straight!!!!
Kevin Matte : uvxy and vxx to ^^