Mon, 22 August 2016
The Fed's having their annual shindig in Jackson Hole, Wyoming. While no doubt the champagne and caviar are flowing, the American Economy isn't. And while Trump is out there trying to "Make America Great Again," all Yellen can do is kick the can down the road some more. But how much longer will it work. Confidence in central banks is at an all time low and continues to flag. Remember the good old days when the Maestro Alan Greenspan could move markets with just a few carefully chosen obtuse words. Gone are the days. Poor Janet!
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