tim@emorningcoffee.comAug 243 min readWeek ended August 23, 2024: Fed "pencils in" first rate reductionA confluence of economic data, punctuated by a speech by Fed Chair Powell on Friday in Jackson Hole, suggests rate cuts are coming soon.
tim@emorningcoffee.comAug 26, 20236 min readWeek ended Aug 25th 2023: Nvidia, Jackson Hole and real interest ratesRather uneventful week in markets although equities generally better and yields a touch wider. Focus was on Jackson Hole, NVDA and rates.