Markets Heading Into And Through Jackson Hole

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This coming week is the most important week for August 2024 because of the Jackson Hole Symposium and Fed Chair Powell speaks on August 23rd (Friday). Last week on 8/13, we noted that markets shifted to “risk-on” premised on a benign CPI. And building upon this, we see Powell as likely dovish, thus, supportive of further equity gains. After Tokyo…

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