bullish

Briefing. Jackson Hole Comments, Canada Relationship Reset, Home Depot Growing, Meta Hiring Freeze

287 Views26 Aug 2025 13:36
Podcast
SUMMARY
  • Fed Chair Jerome Powell's dovish signal at Jackson Hole boosted markets and broke a five-day losing streak
  • July Fed minutes showed a hawkish tone regarding inflation risk and reluctance to cut rates, but Powell hinted at possible rate cut in September
  • US labor market concerns deepen with rising jobless claims, while housing market shows weakness and retail sales increase 4% in July; Canada to remove half of retaliatory tariffs on US goods

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