Looking for Rate Cut Clues from Powell's Speech

Ahead of Jerome Powell's Jackson Hole speech, David Busch calls today a "pivotal day" for investors. While he doesn't believe Powell will come out and say a rate cut is needed, David believes Powell will stick to a data-dependence when determining rate cuts and will be closely listening for any clues for future rate cut plans. He says the focus for investors should be on maintaining a balance in their portfolios, seeking dividend-payers with a some intermediate-term fixed income as well.

Morning Movers

22 Aug 2025

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