Jerome Powell's speech is today at 10:05am ET. Kevin Kelly discusses what to expect from Powell today. He highlights that the CME Fedwatch tool for the September meeting shows an 80% chance of no rate hike. He then goes over why bitcoin (/BTC) is slumping. He notes that we are in the early innings of a new bitcoin cycle. He then goes over the outlook for the economy. Tune in to find out more about the stock market today.
Morning Trade Live
25 Aug 2023
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