Last Friday Jerome Powell from Jackson hole signal the Federal Reserve was prepared to adjust short term interest rates lower. Market participants cheered.
As mentioned earlier on in the week, the rub is the apparent increase in expected CPI consumer price index I blunt measure of inflation. The problem with this lowering is it is stimulative and inflation is on the rise if estimates are correct, thereby flaming inflation somewhat. In Powell’s defense, he did mentioning some softening of labor market statistics, which we agree with.
Polymarket preview
In true, a bet can be placed on everything form, Polymarkets have interestingly become extremely accurate in their betting statistics lately. More to come on this, but we thought just giving you a heads up on something that we’ve seen that might stir your interest as it has ours!
Today marks the start of a fun turnaround trip, one of the first of the season, ahead of a long weekend, hence the early notice and a very likely shortened Friday post!
Have a good day, and as this hit your inbox, the plane will be near boarding!
John A. Kvale CFA, CFP
AI Content Authenticity: All of the following text content has been completed by myself and has not been edited or created by AI. Occasionally we do use AI for images and will note when appropriate.
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
