Nightly Business Report

When Doves Fly, Big Tech’s Big Bounce, and Cracks in the Consumer? 8/22/25

Informações:

Synopsis

Fed Chair Powell paving the way for a September rate cut, sparking a rally on Wall Street and helping to boost tech after some rough sledding. We dig into what to expect from the Fed after the next meeting and how to position. Plus, BofA’s Savita Subramanian changing course on one segment of consumer stocks after being bullish for two years