It’s a busy week on Wall Street as investors brace for key economic insights. The Federal Reserve’s Jackson Hole Symposium begins Thursday, and with Fed Chair Jerome Powell set to speak Friday, investors will get a clearer picture of what the central bank’s rate cuts might look like. After a week of strong economic data, Goldman Sachs cut its U.S. recession risk ahead of the Fed’s highly anticipated September meeting. The consumer will be back in focus this week as retail earnings from Lowe’s (LOW), Target (TGT) and Ross (ROST) take center stage. Meanwhile, the Democratic National Convention begins in Chicago. President Biden is expected to speak Monday night when he passes the baton to Vice President Kamala Harris. Harris announced her economic agenda last week and will likely go into even more detail when she formally accepts the nomination and lays out exactly what her administration hopes to accomplish if she wins in November. Yahoo Finance trend tickers include fuboTV (FUBO), GeoVax Labx (GOVX) and Dutch Bros (BROS).
The most important guests include:
9:00 a.m. ET – Satyam Panday, Chief Economist for the U.S. and Canada, S&P Global Ratings
9:45 a.m. ET – Bryan Gildenberg, Founder and CEO of Confluencer Commerce; Managing Director of Retail Cities
10:00 a.m. ET – Jan Hatzius, Chief Economist, Goldman Sachs
10:45 a.m. ET – Stephanie Guild, head of investment strategy at Robinhood Financial
11:00 a.m. ET – Vance Howard, CEO and portfolio manager of Howard Capital Management
