Stocks Rally As Powell Signals Rate Cuts

Written By Timmy Adami

August 23, 2024

MRKT Matrix - Friday, August 23rd

  • Stocks rise after Powell signals Fed rate cuts ahead (CNBC)

  • Key Takeaways From Fed Chair Powell’s Jackson Hole Speech (Bloomberg)

  • Why inflation receded without a recession (Axios)

  • Retailers Are Sending Mixed Messages About the Economy. What’s the Deal? (Barron’s)

  • Nvidia Earnings Are Coming. Big Tech Needs Them to Be Good. (Barron’s)

  • Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company, investors (CNBC)

  • Surging China EV sales weigh on oil demand, Goldman says Brent could fall to $68 per barrel by next year (CNBC)

  • What to Know About Kamala Harris’ Economic Plan (Bloomberg)

Timmy Adami
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