Allspring’s Miletti warns Jackson Hole poses greater market risk than Nvidia

When the market’s biggest worry isn’t the world’s most valuable chipmaker but a gathering of central bankers in Wyoming, it’s worth paying attention to who’s sounding the alarm. Ann Miletti, head of equity investments at Allspring Global Investments, says the Jackson Hole Economic Policy Symposium scheduled for August 27-29 poses a greater near-term risk to markets than Nvidia’s upcoming earnings report. For an investor class conditioned to treat Nvidia results like a quarterly economic census, that’s a notable shift in focus. Why Jackson Hole matters more than Jensen Huang The 2026 symposium carries the theme “Financial Innovation: Implications for Payments and Policy.” That title alone opens the door to commentary on digital payments infrastructure, central bank digital currencies, and the regulatory posture toward fintech, all areas where a stray sentence from a Fed official can move billions. Miletti, who brings more than 30 years of asset-management experience to her role, has been keeping expectations deliberately low heading into the event. Allspring’s broader 2026 playbook Miletti’s Jackson Hole caution fits neatly within Allspring’s wider market thesis for 2026. The firm, ...