Markets Weekly August 29, 2026
Спикеры
Joseph Wang
— Автор, Central Banking 101 / бывший старший трейдер, Федеральная резервная система
Joseph Wang reviews the market reaction to the Jackson Hole speech, arguing it was strongly hawkish and effectively promises a September rate hike. He sees front-end rates and risk assets repricing further, though he warns that a possible presidential Iran/Canada peace deal could create a sudden risk-positive reversal. He also expects higher volatility after Labor Day.
- Major equity indexes were rangebound last week while Nvidia had a strong week.
- Jackson Hole speech was read as hawkish, with the 2-year yield surging 11bp and futures pricing about two hikes.
- Wang puts September hike odds at 90%, far above the market's 50/50 pricing.
- He argues equities/risk assets have not fully repriced the hawkish shift and could face further pressure.
- A presidential Iran peace deal or Canada resolution is seen as a potential positive market catalyst that could lower oil and boost stocks.
- Wang expects more volatility after Labor Day as the market digests the Fed shift.
Идеи
September hike underpriced; front-end yields rise.
The Jackson Hole speech was extremely hawkish and all but promised a September hike. The 2-year yield surged 11bp and SOFR/fed funds futures now imply about two hikes, but September is still priced as only 50/50. Wang puts the odds at 90%, so front-end rates have more repricing to go as the market catches up.
Joseph Wang
Автор, Central Banking 101 / бывший старший трейдер, Федеральная резервная система
10:31
Equities face further hawkish repricing risk.
Short-term rate traders already understood the hawkish shift and gold fell Friday, but equity investors have not fully repriced it. As the market realizes this is a real Fed shift, further repricing could upset risk assets; low volatility has been masking the setup.
Joseph Wang
Автор, Central Banking 101 / бывший старший трейдер, Федеральная резервная система
11:13
Iran/Canada deal would boost risk assets.
The president holds a positive market catalyst: he can announce an Iran peace deal at any time, which would push oil lower, rates lower, and stocks higher. Bad midterm polls and Canada tensions make a political resolution before midterms more likely, so the setup is a risk-positive catalyst to watch.
Joseph Wang
Автор, Central Banking 101 / бывший старший трейдер, Федеральная резервная система
13:19
Expect higher volatility after Labor Day.
With the final week before Labor Day ending summer, Wang expects more market volatility as the hawkish Fed repricing is digested and low-volatility conditions unwind.
Далее
This Joseph Wang video, published August 29, 2026, features Joseph Wang discussing 2-Year Treasury Yield, Equities, Stock Market, WTI, VOLATILITY. 4 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Joseph Wang · Tickers: 2-Year Treasury Yield, Equities, Stock Market, WTI, VOLATILITY