Markets Brace for More Bumps, & To the Moon! Almost. 8/29/22

After Fed Chair Jay Powell spooked the markets with his comments in Jackson Hole, Joe Kernen, Mike Santoli, and Hightower’s Stephanie Link consider the next moves for the markets as the central bank fights inflation. Mohamed El-Erian, Allianz and Gramercy advisor and president of Queens’ College, Cambridge, shares his perspective on Powell’s aggressive policies to curb inflation. Plus, NASA’s Artemis I is eyeing the moon! The launch–when/if it happens–will be a crucial step in humankind’s first return to the moon in over 50 years. Chief astronomer at the Franklin Institute Derrick Pitts explains what scrubbed the Artemis I launch, as well as the likelihood of extraterrestrial life and humans on Mars.

 

In this episode:

Mohamed El-Erian @elerianm

Stephanie Link, @Stephanie_Link

Derrick Pitts, @CoolAstronomer

Mike Santoli @michaelsantoli

Joe Kernen, @JoeSquawk

Cameron Costa, @CameronCostaNY