Federal Reserve Chair Jerome Powell is slated to speak on Friday at the Fed’s annual gathering of central bankers in Jackson Hole, Wyoming, and Evercore ISI warns that market participants might not love what he has to say.

At the moment, Nasdaq futures are down about 37 points, as nervous markets wait to hear from Fed boss Jerome Powell at the Jackson Hole Symposium later this week. In fact, markets are waiting for clues as to what could happen at the central bank’s remaining policy meetings for the year.

Wall Street’s major averages finished a muted on Monday as investors shift their focus to a wave of retail earnings and Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole symposium later this week.