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2023-08-25 13:19:19

NBS on Nostr: Jackson Hole Symposium is underway, started yesterday and goes through tomorrow. The ...

Jackson Hole Symposium is underway, started yesterday and goes through tomorrow. The most important day for markets however is today. Powell is set to speak at 10:05am EST, and it’s assumed that he will take a relatively hawkish/neutral stance on markets.

If you’re day trading at home, be very cautious around this time and like 30 - 60 minutes after. Markets have gotten smoked so far this month, and risk feels to the upside of anything.

https://www.reuters.com/markets/us/fed-registers-gains-powell-may-take-lay-low-approach-2023-08-25/
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