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AllyBroadcom

Aug 28 at 10:24 AM

I believe the new Fed chair Walsh signal will probably be bearish. But no matter what he says, markets will move in tandem with his speech, so I’m interested to see how the Jackson hole debut will go.

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Captain's Watch
Jackson Hole: 10 AM ET – Warsh's Words Could Move Markets.

PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...

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