Weekly Review, August 28 2023
Read about Powell, AI, and more here:
In his highly anticipated speech at annual Jackson Hole symposium, Fed Chair Jerome Powell provides update on state of the economy, fight against inflation
Goldman Sachs announces sale of wealth management business it acquired in 2019 to RIA firm Creative Planning.
OpenAI announces release of ChatGPT Enterprise product aimed at business use.
The Chinese government announced a reduction on "stamp duty" related to trades on Chinese securities in attempt to bolster investor enthusiasm
With Nvidia earnings and Jackson Hole symposium news in the rear view mirror, markets turn their attention to busy week of economic and jobs data heading into the Labor Day weekend.