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Market Pulse | Aug 28
The Fed Has the Mic
Yesterday, Nvidia gave markets something to cheer about.
Today, the spotlight shifts to the Fed.
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JACKSON HOLE TAKES CENTER STAGE
Kevin Warsh is set to speak at Jackson Hole, with markets looking for clues on the future path of interest rates.
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NVIDIA LIT THE TORCH
Nvidia’s strong results reignited the AI trade, but the rally still has to deal with borrowing costs and elevated yields.
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BONDS ARE LISTENING
Treasury yields remain elevated, making today’s Fed message especially important for rate expectations across markets.
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GOLD IS WAITING
Gold remains near $4,600 after pulling back from its recent high. A dovish or hawkish Fed could quickly change the mood.
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CRYPTO IS LISTENING TOO
Bitcoin has climbed back above $81K, but today’s macro signal could determine whether that momentum has room to run.
Yesterday, Nvidia spoke.
Today, the Fed answers.
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