It's Jackson Hole speech day
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Walmart earnings are in early focus before the highly anticipated start of the Federal Reserve's gathering at Jackson Hole.
The takeaway is that markets aren’t pricing in any sort of “succession premium” tied to any one chairman. The glidepath of monetary policy — regardless of Powell’s successor — appears structural, anchored to the Fed’s backward-looking framework . If that holds, it would mark a break from recent history.
Futures tracking Canada's main stock index were flat on Wednesday, as investors await the U.S. Federal Reserve's annual symposium later this week for clues on the monetary policy path.
Liquidity constraints pose a significant challenge for BTC bulls looking to engineer a steep uptrend well into the year-end.
The vibes are different today. The S&P 500 has returned 60%, dividends included, since Jackson Hole three years ago. While it’s true that investors remain skeptical, they are also a lot wealthier, thanks to the AI-fueled bull market and record-high corporate earnings .
Previously unloved stocks are making a big comeback before Jackson Hole, the Federal Reserve’s annual summer economic summit