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Wall Street Breakfast

Fed's Powell gives fodder for hawks and doves

Fri, 25 Aug 2023

Description

Jay Powell plays it safe, leading to large swings in stocks. (0:15) Investors ramp up bets against Disney as it hits 9-year low. (2:21) The S&P is flashing a correction signal not seen since the early 2003s. (3:51)Episode transcripts seekingalpha.com/wsbSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.Show NotesSix countries invited to join BRICS, including Saudi ArabiaNetflix rises as Loop Capital upgrades on valuation, improving fundamentalsMeta launches AI model for coding

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