Morning Brief Thursday August 30, 2012

Good Morning. We have a little bit of economic data being released today as we head into the famed “Jackson Hole” speech by Chairman Bernanke. Unfortunately, his use of the 2010 conference to announce a change to monetary policy with the launch of QE2 has created quite a stir around what normally was a more academic event.

With equity markets at multi-year highs, economic data “improving” since the latest FOMC and inflation expectations firmly “anchored” at 2% the Fed is likely to announce nothing on Friday nor in September. As long as they have the ability to talk up equity prices without expanding the balance sheet one additional fiat dollar why should they? 

You need to be logged in to see this part of the content. Please Login to access.

Share
If you enjoyed this article, please consider sharing it!
Icon Icon Icon

Related Posts

Popular Posts

Sorry but you do not have access to view the comments

Archived Posts By Date

Archived Posts By Subject

Disclaimer

Content
Opinions are those of the author(s),
and may contain errors and or omissions.
Warranties
No warranties, either written or,
expressed are implied by this content.
Investment Advice
Content does not constitute investment
advice. Author may not disclose
financial positions in securities.

Get In Touch

Company
Macro Story

Contact
Tony Pallotta

Email
Contact via email

Technical Support

This website is designed to support
all browsers. If you have a question
or find an error, please contact us.