Speaking at the Kansas City Fed's Jackson Hole Economic Policy Symposium, Fed Chair Jerome Powell indicated that the central bank is ready to cut rates.

Homrich Berg chief investment officer Stephanie Lang and Interactive Brokers chief strategist Steve Sosnick joined Catalysts to discuss Powell's comments.

Lang is advising clients: "I think right now we're still in the camp that the Fed can orchestrate this soft landing. We haven't seen concerning economic data. So for our clients, we're telling them to stick with their plan. If they have money on the sidelines, we expect there is going to be some volatility coming up. So that's a good time to deploy that capital."

Sosnick believes: "I think the idea that volatility is behind us is wrong... There's a lot of things that can bring volatility over the coming 30 days, over the coming couple of months. And so I think it's wrong to be complacent. You have to be very nimble and very wary of it. And that's why I think the most important dip to buy is probably VIX (^VIX)."

For more expert insight and the latest market action, click here to watch this full episode of Catalysts.

This post was written by Nicholas Jacobino