To The Moon

On the eve of the speech of Federal Reserve Chairman Bauer, Federal Reserve officials "put eagles", market sentiment clouds, US Treasury interest rates rose, the main US stock market index opened higher and lower on Thursday, even if the "AI giant" Nvidia's amazing earnings report was difficult to pull off the tide, AI concept stocks generally killed.Political and economic news, Federal Reserve Chairman Bauer will speak at the annual central bank meeting in Jackson Hole, Wyoming, on Friday, investors will be parsed, looking for clues about the interest rate outlook, the Fed's voice Nick Timiraos wrote on the 21st. He speculates that rising productivity and rising U.S. deficits may allow the Federal Reserve to raise the "neutral rate," limiting the Fed's ability to cut interest rates.At a t

1. $Guess Inc(GES)$ +26% surpasses expectations with strong Q2 fiscal year resultsDenim expert and retail powerhouse, Guess? Inc., has once again exceeded expectations with its robust performance.Adjusted EPS: 72 cents vs. 39 centsRevenue:$665 mln vs. $640 mlnThe company achieved a notable 3% increase in revenues, totaling $665 million, compared to the estimates of $640 million. Adjusted EPS came at 72 cents, way higher than estimates of 39 cents.This growth was primarily attributed to factors such as initial markups, the positive impact of higher revenues, and reduced markdowns. However, these gains were partly offset by currency fluctuations and higher expenses.Anticipating the road ahead, Guess? Inc. envisions revenues to exhibit growth wi

KEY POINTSWhile acknowledging that progress has been made, the central bank leader said inflation is still above where policymakers feel comfortable.The speech resembled remarks Powell made last year at Jackson Hole, during which he warned that “some pain” was likely as the Fed continues its efforts to pull runaway inflation back down to its 2% goal.Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.While acknowledging that progress has been made, the central bank leader said inflation is still above where policymakers feel comfortable. He noted that the Fed will remain flexible as it contemplates further moves, but gave little indication that it’s ready to start easing