Market 08/29: Capital Rotation Before Holiday

If you missed the best recent articles:

• Jackson Hole 2025 And FED's New Interest Rate Assessment Framework

• PayPal – Quietly Buying Back Shares

• WHO WILL REPLACE POWEL?

• Venezuela: Tycoons Facing Economic Crisis

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Key highlights:

• Governor Waller: “Will cut multiple times”

• Lisa Cook hit with 3rd case, judge has not issued ruling

• July PCE inflation as expected

• July expenses and income good as forecasted

• September rate cut expectations continue after data

• UMich inflation and consumer survey declines

• FED raises Q3 GDP forecast to 3.5%

• Japan July unemployment drops sharply

• Canada Q2 GDP drops sharply -1.6%

• BABA: Continues growth, seeking to replace Nvidia

• Market: Rotation ahead of holiday