Weekend Update 8/30/2026
Weekend Update recaps market highlights and major news from Ursa’s portfolio. Not on Ursa yet? Download Ursa from the App Store!
Jobs Report on tap next week for more Fed #RateHikes signal…
😔 Strait uncertainty. The Strait of Hormuz remains closed with still little progress towards any peace deal. Investors did take solace in the White House pivoting from military threats to sanctions.
🏦 Fed intervention? At Jackson Hole, Fed Chair Warsh noted underlying #Inflation hasn’t meaningfully improved and the Fed will act to manage it. 2026 #RateHikes expectations rising again－now at 89%.
️🤖 AI leading. Nvidia’s massive #AI beat and raise led markets higher for the week, but that bump already started to fade a day later on Friday. The S&P 500 ends the week up 0.5%.
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As of the publish date, Ursa portfolios may own NVDA. These securities may cease to be portfolio holdings at some point in the future. Any mention of these securities is for purely informational purposes only and NOT investment advice.
The statements, opinions and analyses presented here are provided as general information. This article is the opinion of the author. Anything within this article should NOT be considered an investment recommendation or advice. See Ursa’s full disclosures here.