Market analyst Liz McCormick stated that although bond and stock investors are closely watching Federal Reserve Chairman Powell's upcoming speech at the Jackson Hole meeting to gauge future monetary policy directions, in reality, such meetings rarely become key drivers of significant market fluctuations. Strategists from JPMorgan and Deutsche Bank predict that during this meeting, the bond market will exhibit a moderate trend, while options traders expect the stock market may experience minor fluctuations over the coming days. According to compiled data, over the past decade, the average fluctuation in the 2-year and 10-year U.S. Treasury yields was less than four basis points, while the volatility of the S&P 500 index remained around 1.3%. This indicates that while markets remain sensitive to policy changes, events like the Jackson Hole Meeting have relatively limited overall impact on the market. However, it is noteworthy that market disruptions are not entirely out of the question. For example, two years ago, Powell made an unexpectedly hawkish statement warning that efforts to combat inflation would bring “pain” to households and businesses, causing significant market volatility. This reminds investors that even within expected events, unexpected interpretations or shifts in market sentiment can trigger reactions beyond expectations.