meta_pixel
Tapesearch Logo
Log in
On The Tape

What Markets Want To Hear Out Of Jackson Hole

On The Tape

RiskReversal Media

News, Business, Investing, Business News

4.6757 Ratings

🗓️ 19 August 2024

⏱️ 30 minutes

🧾️ Download transcript

Summary

In this episode of the On the Tape podcast, hosts Guy Adami, Elizabeth Young Thomas, and Dan Nathan discuss upcoming events and economic expectations. With a focus on the Fed's Jackson Hole meeting and the implications of Federal Reserve Chairman Jerome Powell's speech, they analyze potential market movements and the broader economic landscape. The discussion covers topics like market volatility, retail sales, potential job market revisions, and the contrasting perspectives between the stock and bond markets on recession chances. The crew also delve into the performance of major tech stocks and the potential impacts of currency movements, particularly in gold and the Japanese yen, on the market. Read More Liz on Yen Carry Trade Unwind Bob Elliott on Market Confusion Goldman Cuts US Recession Risk Following Retail Sales, Jobs Data (Bloomberg) Tech's Infatuation With AI Spending Comes at Cost of People’s Jobs (Bloomberg) Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe — About the Show: On The Tape is a weekly podcast with CNBC Fast Money’s Guy Adami, Dan Nathan and Danny Moses. They’re offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we’re here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. — Check out our show notes here See what adding futures can do for you at cmegroup.com/onthetape. — Shoot us an email at [email protected] with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod on Twitter or @riskreversalmedia on Threads — We’re on social: Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow Liz Thomas @LizThomasStrat on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

Transcript

Click on a timestamp to play from that location

0:00.0

A warm welcome to the On the Tate podcast, Guy Adami, always joined by the lovely Elizabeth Young Thomas, EYT. How are you?

0:09.9

I am well. How are you guys? I'm outstanding. Of course, Dan, Nathan is always here as well. Dan, how are you?

0:15.3

I'm doing great, guy. Thanks. Dan, have you been to the state of Wyoming? It's a beautiful state. You know, it's interesting is New Jersey

0:21.0

is the most densely populated state. Wyoming is the least densely populated state, yet this

0:26.2

week, a bunch of economists will be out there for something they call Jackson Hole. Have you been

0:31.2

out there? Well, Jackson Hole is actually the town in Wyoming where all the folks from the

0:36.2

fat are going to be. I have been to Jackson

0:37.7

Hall on a few occasions. It is probably one of the most beautiful places in this wide world.

0:42.8

That's where we're going to start EYT because, you know, a couple Mondays ago, we had obviously

0:47.7

a pretty interesting day in terms of the markets. We had a volatility index that went up

0:51.6

to 60. And here on this Monday morning, it appears as though everything is back to normal once again.

0:57.9

Yet I think the story of the week, for me at least, is this Jackson Hole.

1:01.3

So let's talk about that.

1:02.6

Any expectations?

1:04.1

Do you think there's anything market moving that will come out of that?

1:07.0

Well, first of all, I've never been to Wyoming.

1:08.9

I think it's one of the seven states I've

1:10.8

never seen. Montana up there, too, West Virginia. Anywho, big, big week, but it doesn't happen

1:16.8

until Friday. So we got to get through four days before that. I believe there's also a

1:20.9

Bank of Japan governor who's going to talk on Friday. So there's a lot happening at the end of this week. We call that back end loaded.

1:28.6

I think what we're going to hear from Powell this week, even though we've got an expectation

1:32.5

of one cut now priced into the market and only a 25% chance of 50 basis points, I think we're

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from RiskReversal Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of RiskReversal Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.