In a report, Chris Zaccarelli of the Independent Advisor Alliance emphasized that while Federal Reserve Chairman Powell's 'balanced and candid' remarks at the Jackson Hole conference laid the groundwork for a potential 25 basis point rate cut in September and hinted at possible future rate cuts, it does not mean that the economy is about to land smoothly. Zaccarelli reminded investors that it is premature to talk about an economic soft landing, so they should adopt a more cautious and balanced approach in their investment decisions. He warned investors not to become overly optimistic because of an imminent rate cut by the Fed, but also advised against being overly risk-averse due to concerns about a potential recession. Instead, he recommended that investors adjust their portfolios according to market dynamics, maintaining an investment strategy that can cope with possible economic slowdowns without blindly chasing high-risk investments.