Paul Durrans, Investment Director, looks at the bounce back in global equity markets and the reasons why. The S&P500 is almost back to its July 16th all-time high. Looking ahead to the end of the week, all eyes will be on Jackson Hole, a three day conference of global leaders and policymakers. The most important speech at the conference will be the one from the Federal Reserve Chairman Jay Powell who will be giving his latest thoughts on the strength of the US labour market, the economy and what this means for the future path of US interest rates.