X @Easy

Market Expectations & Potential Scenarios - Markets anticipate a potentially hawkish tone from Powell at Jackson Hole, leading to a sell-off [1] - The market is pricing in the possibility that rate cuts are not guaranteed for September [2] - A soft stance from Powell, hinting at likely rate cuts, could trigger a significant market rally [1] - If no rate cuts are indicated for September, the market may face a challenging 4-6 weeks [1] Market Sentiment & Uncertainty - Market aversion to uncertainty is evident in current price action [1] - The market is front-running the potential move of no rate cuts, contributing to the sell-off [2]