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At 10 PM tonight, Fed Chairman Powell will deliver a speech at the Jackson Hole Global Central Bank Annual Meeting, which will also be Powell's last Jackson Hole speech as Fed Chairman. The Jackson Hole meeting is a premier forum for central bank governors, policymakers, and economists to discuss economic trends and monetary policy, often used to release important policy signals.
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Tonight, the market is bound to be turbulent, and opportunities are often hidden in the fluctuations. The key is still to respond rationally—control your positions, avoid going all in, and stay calm. Experienced traders have weathered even stronger waves; staying steady is the way to win in the end!