Weekly Points – August 25th, 2023 – 5 Things To Know In Investing This Week

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Benzinga

The R-star And Shoplifting IssueLots of interesting news this week where we address these important questions: Ready for the week? Let’s dive in: Fed Chairman, Jerome Powell, spoke at a conference in Jackson Hole, WY. He immediately said there’s a “long way to go” to get inflation under control. He also noted that “two months of good data are only the beginning” and “there’s still substantial ground to cover”. For the doves, he said he believes the current (fed funds) rate is “restrictive”. Fed Chairman, Powell, telling us what’s coming next. DKI Takeaway: We’re not so sure that the current re…

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