Key Takeaways Bitcoin traders were selling ahead of Jerome Powell’s highly anticipated speech Friday morning at the Jackson Hole Economic Policy Symposium, preparing for the possibility that the Fed chair fails to signal that an interest rate cut is likely in September. Bitcoin options pricing indicated bearishness across time horizons. The “secular bull” for bitcoin […]
Key Takeaways Federal Reserve Chair Jerome Powell is set to deliver a speech laying out whether the central bank is ready to cut interest rates. Fed-watchers may feel a sense of déjà vu since this is similar to last year’s Jackson Hole event, when investors watched the annual speech for clues about possible rate cuts
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Biggest S&P 500 Movers on Thursday 21 hr 14 min ago Decliners Shares of First Solar (FSLR) plunged 7%, leading losses on the S&P 500 after President Trump said the U.S. wouldn’t approve solar or wind projects, citing high electricity costs in states that utilize the renewable energy technologies. Other solar stocks including Sunrun (RUN),
Biggest S&P 500 Movers on Thursday 21 hr 14 min ago Decliners Shares of First Solar (FSLR) plunged 7%, leading losses on the S&P 500 after President Trump said the U.S. wouldn’t approve solar or wind projects, citing high electricity costs in states that utilize the renewable energy technologies. Other solar stocks including Sunrun (RUN),
Key Takeaways Crypto market traders were positioned for Jerome Powell to be hawkish in a highly anticipated speech, but they were pleasantly surprised as the Fed chief suggested rate cuts could be coming soon. Prediction markets bettors now place higher odds of a quarter percentage rate cut in September than they did prior to the
Bitcoin and Crypto Stocks Surge as Powell’s Rate-Cut Hint Revives Risk Appetite Read More »
Some Headwinds Ahead of Powell’s Jackson Hole Speech Thu, Aug 21 2025, 3:33 PM Some Headwinds Ahead of Powell’s Jackson Hole Speech Thursday brought the week’s only relevant econ data with 3 occasional market movers on tap. Their results were mixed, but the important development was that the inflation components of the
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