FED CHAIR SPEAKS IN JACKSON HOLE. WE GAME IT ALL OUT WITH THE INVESTMENT COMMITTEE. JOINING ME FOR THE HOUR JENNY HARRINGTON, AMY RASKIN ROB SITCH AND JOSH BROWN TAKE YOU TO THE MARKETS HERE.ONCE AGAIN THE FOCUS IS ON STOCKS. WE ARE GREEN BUT THE FOCUS IS ON RATES AS WELL. AND WE ARE GREEN AS THEY SAY THERE TOO BECAUSE YIELDS ARE BACK UP AGAIN.BUT REALLY WE'RE WE'RE TURNING OUR EYES TOWARDS NEXT WEEK AS IT PLAYS INTO EVERYTHING. HOW WE JUST STARTED THE SHOW AND NVIDIA EARNINGS THE FED CHAIR SPEAKING THE NAS ...

I think it is the most important because it's very much at the center of the discussion around what's going on in the Treasury market this week. And when you think about the underlying fundamentals of the economy. Uh, you know, 6.5% year over year growth in nominal GDP is, you know, I think a very sort of very indicative, of course, of what we're seeing in terms of the EI boom.But I think also in the context of inflation as well. Um, you know, you can't really get inflation down to 2% unless you see sort of ...

Macroeconomic Trends and Indicators - Eurozone PMI composite numbers for August rose to 52.1%, exceeding the forecast of 51.7% and the previous reading of 50.0%[1] - Germany's manufacturing sector recorded its best performance in over four years, while French business activity unexpectedly weakened due to the heatwave[1][6] - UK composite PMI for August beat expectations at 52.5%, rising from July's reading of 52.2%[7] Central Banks and Monetary Policy - European Central Bank (ECB) is expected to implement another rate hike in September, supported by inflation remaining around 3% for the rest of the year, following a quarter-point hike in June and a hold in July[1] - Bank of England (BOE) is anticipated to remain on hold temporarily due to inflation and labor market dynamics, with expectations that the next policy move will be a rate cut[3] Corporate Actions and Banking Sector - Italian bank Monte dei Paschi di Siena launched bids to acquire two rival banks, including Banca Generali, for a combined price of 34 billion euros (34000 million euros) to prevent a takeover by Intesa Sanpaolo[4][6] - Anthropic expects to match or beat SpaceX's record-setting IPO size of 75 billion dollars (75000 million dollars) ahead of going public by the end of the month[4] Energy Market and Geopolitics - Brent crude traded around 93 dollars per barrel amid supply concerns, refinery disruptions, and tightening diesel and jet fuel crack spreads[4][24] - Iran's annual inflation level approached 80% amid ongoing economic pressures and blockades[14]

WE HAVE BEEN TALKING ABOUT THE AUCTION SYSTEM. ANY THOUGHTS ON THAT. LAKSHMI: HI, GOOD MORNING.SAVIO HAS COVERED PRETTY MUCH IN DETAIL. IT IS VERY EARLY DAYS. ANY SYSTEM THAT IS INTRODUCED FOR THE FIRST TIME TYPICALLY TENDS TO HAVE TROUBLE, AND IT'S NOT THAT INDIA IS THE ONLY ISOLATED CASE THERE.WE HAVE SEEN THAT WHEN SYSTEMS LIKE THESE ARE SUBMITTED ACROSS THE WORLD, OBVIOUSLY INITIALLY THERE WERE THESE KINDS OF ISSUES, SO I THINK IT'S A MATTER OF TIME WE SEE THESE GETTING RESOLVED. HASLINDA: DO YOU THINK ...