Volatility Watch: Fed & Jackson Hole
Markets are bracing for Powell’s speech at Jackson Hole. Even if he nods toward rate cuts, a cautious or vague tone could disappoint investors and trigger turbulence.
Goldman Sachs cautions that a less dovish message could spark a 5% pullback in equities like the S&P 500.
History shows Jackson Hole often lifts markets - but when expectations miss, the reversal can be sharp. Traders should be prepared for volatility either way.
