1. S&P 500 expected to move 0.8% around Powell's Jackson Hole speech. 2. Wall Street is currently anxious ahead of Powell's pivotal comments. 3. Last year's speech led to a significant S&P 500 jump. 4. Analysts warn of a potential 7-15% pullback after cautious remarks. 5. Expectations for a September rate cut are declining significantly.
Concerns over Powell's speech leading to market pullback and reduced rate cut expectations historically prompt declines. Last year's optimistic market response contrasts starkly with current caution, which may influence S&P 500 negatively.
The article discusses a major event that can significantly shift investor sentiment and stock prices, showcasing a direct connection to S&P 500 movement.
Market reactions to Powell's speech typically manifest immediately; historical volatility spikes post-announcements are substantial. The near-term concern about diminishing likelihood for rate cuts will manifest quickly in stock movements.