Jackson Hole – Now What?
All we can say is THANK GOD that the Jackson Hole conference is done! The number of articles and TV spots speculating on what will be said, or won’t be said and how it will be said, is enough to drive any levelheaded person to insanity. With that, we want to review what Jerome Powell said, and what that may mean for your money over the next few months.
In this week’s update, we are going to review the state of U.S. housing, its impact on the U.S. consumer, and how it compares to 2008. We are also going to measure the value at risk across long-short and macro funds to gauge how scared or exuberant investors are. Lastly, we will look at some favored inflation indicators and what they could mean for inflation down the road.
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