High volatility expected Friday at 9:45 am for S&P Global Manufacturing and Services PMI. Next Wednesday at 8:30 am, the Fed's preferred Core PCE inflation gauge and GDP data arrive, critical for September rate cut sizing. The Jackson Hole Symposium begins Thursday, with markets focused on Powell’s potential policy shift signals. Tuesday features Consumer Confidence at 10:00 am, while Thursday brings Jobless Claims at 8:30 am, adding pressure to an already data-heavy week for equities and bonds.
Monitor the 8:30 am Wednesday PCE release for signs of disinflation to support a dovish Fed pivot. Traders should hedge positions ahead of the Jackson Hole Symposium starting Thursday, as central bank rhetoric often triggers significant late-week market swings.
Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.