Inflation & Jobs Risks Ahead: Markets Reaction to Powell "Premature?"
Schwab Network · Schwab Network
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Show Notes
Ed Yardeni was "surprised" by Wall Street's reaction to Fed chair Jerome Powell's Jackson Hole speech on Friday. He points out inflation and jobs prints ahead between now and September's FOMC meeting that can reverse course on Powell's dovish commentary. That said, Ed believes the economy remains in good shape which will set the course for a continuing market melt-up.
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