If Jerome Powell's speech is more dovish (less willing to cut rates, more willing to pause), then the markets are predicted to retrace (pull back).
"It wouldn't surprise me that when he begins to speak, if he says anything that is more dovish than hawkish, meaning that he's less willing to cut rates and more willing to pause, then get ready for markets to retrace because again, that's not something that has been factored in already."
