XLNX - Wall Street Breakfast: Pausing For Breath
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Pausing for breathStocks notched another round of fresh highs on Wednesday, before taking a breather in the overnight session. Meanwhile, U.S. equity futures are staying close to the flatline this morning as the highly anticipated Fed economic symposium kicks off in Jackson Hole. Central bankers could provide some clarity on the latest monetary policy at the event, with Fed Chair Jerome Powell slated to make remarks on Friday.Quote: "It is one of the seminal moments each year where everybody is watching," said Mark Spindel, chief investment officer at Potomac River Capital. "There are no immaculate tightenings and now that they've admitted they are talking about tapering, they should refine that talk and give us some insight on what they are going to do." Other discussions may
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Wall Street Breakfast: Pausing For Breath