Burying Our Future at Jackson Hole

This exercise, ‘guessing’ what Yellen is going to say, before she speaks, is important.
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It’s important because if I’m right, you’ll know I wasn’t guessing, and you’ll know exactly how the actors in Jackson Hole are burying us alive.
And you’ll know what’s going to happen with financial markets.
Here’s what she’s going to say…
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The title of the meeting this year in Jackson Hole, which is usually attended by the Federal Reserve chair, the world’s central bankers, and economists, is ‘Designing Resilient Monetary Policy Frameworks for the Future.’
The title of Janet Yellen’s speech, according to the symposium’s agenda, is ‘The Federal Reserve’s Monetary Policy Toolkit.’
So, first of all, I’ll tell you the symposium is about covering central bankers’ failed tracks and offering up a witch’s brew of monetary concoctions that, if necessary, will be implemented in the future, just so the world knows these gods of monetary manipulation have our backs and will make everything alright, no matter what fears we have.
Excuse me while I laugh my head off.

This post was published at Wall Street Examiner on August 26, 2016.