The Fed at Jackson Hole & Revised Employment Data

August 23, 2024 Liz Ann SondersKathy Jones
Liz Ann Sonders and Kathy Jones discuss the Federal Reserve’s annual conference at Jackson Hole and the annual payrolls benchmark revision.
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    In this conversation, Kathy and Liz Ann discuss quotes and sayings from industry legends that have resonated with them over the years. You can read Liz Ann's article about her reminiscences in the industry and watch the clip of Marty Zweig calling the crash of '87 on YouTube.

    Kathy and Liz Ann also talk about the Federal Reserve's annual conference at Jackson Hole, Wyoming, and why the economic symposium takes place there. Then, they dig into the Bureau of Labor Statistics' benchmark revisions to the annual payroll data and the market's reaction to the revised numbers. They agree that it's unlikely the Fed will cut 50 basis points in September.

    Finally, Kathy and Liz Ann provide their outlook for the next week's economic data and market events.

    If you enjoy the show, please leave a rating or review on Apple Podcasts.

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