Yesterday’s biggest test is over. Now markets have a new set of questions to digest.
🤖AI PASSED THE TEST Nvidia delivered $96.2B in quarterly revenue, with Data Center revenue up 117% YoY. The AI spending story is still looking strong.
🏦BUT THE FED HAS THE MIC Inflation remains above the Fed’s 2% target, keeping rate expectations in focus. Now, all eyes turn to Jackson Hole and the Fed’s next signals.
🥇GOLD HOLDS ITS GROUND Gold remains above $4,600 as investors continue to seek protection from macro, fiscal and geopolitical risks.
₿ CRYPTO IS WATCHING TOO Bitcoin and Ether are moving higher, but the next move may depend as much on rates and liquidity as on crypto-specific catalysts.
One big question answered. Now we wait for the Fed.👀