It’s great to see Bloomberg quote from this morning’s comments:
https://www.bloomberg.com/news/articles/2025-08-20/stock-market-today-dow-s-p-live-updates
“On the eve of Jerome Powell’s closely watched commentary in Jackson Hole, investors are looking for assurance from Powell that a rate cut is likely at the September meeting, in order to help prevent any further weakening of the labor market,” said Rick Gardner at RGA Investments.
