The bell of the ball was Jerome Powell, of course, and at his keynote speech, all ears were wide open to listen between the lines, and interpret the tea tasseography.

Quote from @Kellie Powell: Emily, One thing I did gain from the Flipstress was where to get the funds from. 

Hey Jerome!

Hello @Jason Powell! 

Also, Toll Brothers gave disappointing guidance.Meanwhile, President Trump fired off this Truth Social post in the overnight, "Could somebody please inform Jerome "Too Late" Powell that he is hurting the Housing Industry, very badly?

.- Fed Chair Powell gives annual Jackson Hole speech Friday.

with Powell possibly being shown the exit and rates reaching the floor in an epic boom cycle reminiscent of the pandemic but with more investor risk and leverage. 

Also, Jerome Powell and his data says there still a lot of inflation in the USA Economy. 

The Fed’s annual Jackson Hole Symposium (Aug 21–23) will be a focal point, with Chair Powell’s keynote expected to clarify the Fed’s stance.

In a notable development, Governor Adriana Kugler submitted her resignation effective August 8, 2025, creating a vacancy that has intensified speculation around Fed leadership.According to Bloomberg and Investing.com, Governor Christopher Waller has emerged as the leading candidate to replace Jerome Powell when his term ends in May 2026.