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Allspring’s Miletti sees Jackson Hole as bigger near-term risk than Nvidia
The Allspring equity chief is keeping expectations low ahead of the Federal Reserve symposium
Ann Miletti, head of equity investments and chief diversity officer at Allspring Global Investments, said she sees the Jackson Hole Symposium as a greater near-term market risk than Nvidia earnings.
Speaking with Bloomberg, Miletti said she is keeping expectations low ahead of the Federal Reserve gathering. Investors are watching the symposium for signals about the central bank’s policy outlook.
Miletti’s comments place the event’s potential market impact ahead of Nvidia’s upcoming results, which are closely followed because of the company’s role in the artificial intelligence trade.
The Jackson Hole Symposium brings central bankers and policymakers together as markets assess the path for interest rates and the broader economic outlook.