Stocks Rally on September Rate Cut — Jackson Hole Speech Changes Everything

"the PPI report showed rapidly rising prices for businesses because of the tariffs. So this is important because if businesses are seeing higher prices for goods and services, then it's expected that they're going to pass on these higher prices to consumers. So in other words, it's just a matter of time before we see a surge of inflation in consumer prices. So the expectation was that the PPI would rise by 0.2% in July, but the PPI rose by 0.9% which is and that's like horrifyingly bad."

"So this means an easier monetary policy. So more inflation which includes asset inflation which is why the stock market, gold, silver, and Bitcoin are pushing higher."