Week 27: Powell confirms interest rate cuts are coming

What a wild ride the past 3 weeks has been. Finally on Friday, Fed Chair Powell confirms that an interest rate cut is coming in September. Question on everyone's mind is now: By how much? Most are expecting 25 bps but there's a growing group of investors who think we need 50 bps, even 75 bps. We'll find out in less than 4 weeks.