CNBC: “Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past” - DataTrek Research
25 Aug
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CNBC: “Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past”

By datatrekresearch in IN THE NEWS CNBC: “Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past”

Excerpt from CNBC quoting DataTrek:

.... "Despite the anticipation for a circumspect Powell, markets Thursday braced for an unpleasant surprise, with stocks selling off and Treasury yields climbing. Last year’s speech also featured downbeat anticipation and a sour reception, with the S&P 500
off 2% in the five trading days before the speech and down 5.5% in the five after, according to DataTrek Research"....

Full article here on CNBC.

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