August 23, 2025
Markets
Markets
New all-time highs in Europe, pullbacks in Asia, and a Friday ripper on dovish Powell speech

New all-time highs in Europe, pullbacks in Asia, and a Friday ripper on dovish Powell speech
US inflation running hot, stronger than expected GDP in Japan, and the first meeting between Trump and Putin
New all-time highs in the US, Japan, and Canada as investors maintain their glass-half-full view after mixed US inflation data
A big slowdown in US services activity, Apple's Trump boost, and some big earnings beats from Palantir, Duolingo, and Shopify
Investors look past growth scares and trade tensions to send equities to new record highs
Massive earnings beats by big tech, strong US GDP growth, an uptick in inflation, and the latest round of useless jobs data from the US