Fixed income as an asset class is looking bullish as Fed Chairman Powell prepares to give a widely anticipated speech this Friday (Aug. 23). The central banker is expected to drop clues about the outlook for monetary policy for the rest of the year — clues that are forecast to favor higher bond prices and lower yields.

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* Markets prepare for today’s revision of US employment statistics
* Slowing US jobs market will be topical for central bankers at Jackson Hole
* FAA orders inspections of Boeing 787s after midair dive
* Berkshire Hathaway reduces stake in Bank of America
* US stocks slip on Tuesday, breaking 8-day winning streak:

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