2022-08-25 17:30
How Jackson Hole Could Revive the Stock Market Rally
Graeme Jennings-Pool/Getty Images The stock market has gotten itself into a better place in the past few months. The Federal Reserve's Jackson Hole meeting could keep the good times rolling. The S&P 500 has gained 13% since its lowest close of the year in mid-June. That's included a speed bump in the past few trading days, with the three major indexes now trading below their multi-month highs. The current concern is that the rate of inflation may remain high enough that the Federal Reserve will need to remain 'hawkish,' maintaining its recent pace of interest rate hikes, not slow it down.
https://www.barrons.com/articles/jackson-hole-fed-stock-market-51661374049
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https://www.barrons.com/articles/jackson-hole-fed-stock-market-51661374049
#barrons