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

"for my opinion as well as market expectation, they're going to cut in September."

"it's just a matter of time before we see a surge of inflation in consumer prices."

"Although inflation is accelerating because of the tariffs, it is expected that it's going to be a one-time price increase. Therefore, it's not going to continuously push inflation higher."

"Paul said that the downside risk to employment are rising. So, that means he's leaning towards a rate cut to prevent further deterioration in the labor market."

"So that means that their base case is leaning towards holding interest rates steady to cutting interest rates."

"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."