Powell is not likely to tell investors what they want to hear in Jackson Hole speech
“Page said Powell is trying to avoid another big stock market rally and lower rates, which mean that financial conditions are loosening. ”
I’m on the same page as Page but it seems the market is expecting good news with the move up last couple days.
Puts on SPY
https://www.cnbc.com/2022/08/25/powell-isnt-likely-to-tell-investors-what-they-want-to-hear-friday.html
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