It was a quiet week in terms of news flow and stock movement until today.  This is no surprise as we enter the last few weeks of the summer, and volume typically drops off into Labor Day.  Friday did bring some big news, though, as Powell spoke at the annual Jackson Hole economic conference.  He opened the door for rate cuts to begin as soon as next month.  This led to new highs in the DOW; it’s up 900 points as I am writing this.  Financials, REITs, and Consumer Discretionary led the way.  Enjoy the light reading, and have a great weekend.

Markets & Economy: Dow soars 900 points to record as Powell speech sparks market rally: Live updates source:cnbc.com Mortgage Rates Today, August 22, 2025: 30-Year Rates Drop to 6.60% source:wsj.com After a few chilly years, the real estate market is looking a little warmer source:npr.org Google scores six-year Meta cloud deal worth over $10 billion source:www.cnbc.com Watch Fed Chair Powell’s full policy speech at Jackson Hole source:www.cnbc.com Modi gives tax boon to India’s economy amid Trump tariff tensions source:cnbc.com