
As Charles Schwab's Joe Mazzola points out, markets may be down, but market breadth is not. The Mag 7 and Palantir (PLTR) were major culprits behind the red session. However, Joe considers the pullback a healthy one, noting high valuations appearing across stocks. Many investors are also waiting to hear what the FOMC and Fed chair Jerome Powell have to say at Jackson Hole. Joe examines how recent inflation and jobs data could impact Powell's tone in his upcoming speech.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about
More episodes from "Schwab Network"
Don't miss an episode of “Schwab Network” and subscribe to it in the GetPodcast app.