Quiet Start To Potentially Noisy Week: Best Buy, Broadcom Earnings, Inflation And Jobs Data Loom

(Monday market open) What do you get when you cross a hawk with a dove? The answer might be Jerome Powell. The Federal Reserve Chair’s much-anticipated address last Friday at the Jackson Hole Economic Symposium seemed like it had something for everyone. Some of his comments leaned hawkish, as he noted the economy was “not cooling as expected,” even with the Fed’s benchmark funds rate at a 22-year high. Other remarks sounded more dovish, or at least less hawkish, as Powell said the central bank will “proceed carefully” as it studies fresh economic data. “So far this year, GDP (gross domestic pr…

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