By John M. Mason: Janet Yellen, Chairperson of the Board of Governors of the Federal Reserve System, has caused us to pay a lot more attention to what is happening in the labor markets. Her speech at the Jackson Hole conference in August...Show More Summary
The foursome of John Shoemaker, Dave Odell, Greg Case and Kevin Kester overcame a 223-point deficit on Sunday to overtake team Slam Dink for the Jackson Hole One Fly win. LINK (via: Jackson Hole News and Guide)
By Markos Kaminis: I was appalled yesterday when I heard the media fixating again on the Federal Reserve, because I thought Janet Yellen had clearly quelled all reason for issue in Jackson Hole. Yet, a recent report published by theShow More Summary
What is Super Mario up to? First, he gave an unexpectedly dovish speech at the Jackson Hole conference, rather ungallantly upstaging the host, Ms Yellen, who was widely anticipated to be the most noteworthy speaker at the gathering (talking about the labor market, her favorite subject).
By Theo Vallee: Last month at the Jackson Hole symposium, Fed Chair Yellen stated that the economy is currently outperforming the Federal Reserve's forecasts, and if this trend persists, the federal funds rate could rise sooner and more rapidly than expected. Show More Summary
``Some have construed Mario Draghi's call for fiscal stimulus at the Jackson Hole conclave two weeks ago as a radical shift in EMU policy, heralding a reflationary blitz along the lines of Abenomics in Japan. You might equally construe it as a primordial scream by a man placed in an impossible position. ''
By Pater Tenebrarum: ECB Cuts Rates From Nada to Zilch (and Less), Announces QE In his Jackson Hole speech, Mario Draghi already hinted at further ECB interventions, pointing out that 5 year forward inflation breakevens indicated that long-term inflation expectations had fallen below 2% (i.e., 2% CPI rate of change). Show More Summary
Forty teams of anglers are in the process of choosing their lone fly as they get set to compete this weekend in the 29th annual Jackson Hole One Fly fishing tournament. LINK (via: Jackson Hole News and Guide)
Nestled between the Teton Range to the west and the Gros Ventre Range to the east in Jackson Hole, Wyoming, USA, this modern mountain home is a dream home to Clay Heighten and his wife, Debra Caudy, a dream they didn’t know they had....Show More Summary
By Valtteri Ahti: Markets are geared up for Thursday's ECB meeting. Mario Draghi lifted market expectations of more monetary policy with his speech in Jackson Hole. Strange, since the ECB's cards are on the table given its policy blitzkrieg in June, i.e. Show More Summary
By Scott Minerd: The Federal Reserve's annual getaway in Jackson Hole is not usually considered a gathering of rock stars, but that's exactly how the late August event unfolded. The hawks loosened up the crowd with their dark, foreboding lyrics. Show More Summary
Via Scotiabank's Guy Haselmann, Draghi’s Difficult Dance Draghi’s clever Jackson Hole speech unleashed financial market expectations of additional stimulus measures at Thursday’s meeting. However, the situation is complicated. Thus,Show More Summary
The ECB meets tomorrow. The combination of soft inflation data and Draghi's speech at Jackson Hole has raised expectations for a policy response. Many observers have played up the risks of an asset-backed securities (ABS) purchase scheme for which Draghi said preparations are moving forward quickly. Show More Summary
Next week it is the jobs data’s world, we just live in it. At the Jackson Hole conference, Federal Reserve chairman Janet Yellen highlighted central bank research on labor-market conditions that depends on up to 24 different labor-related series. Show More Summary
By Markos Kaminis: In my article, Yellen vs. Putin - Who Wins?, I pondered which market influencer would wield the most power. When authored, Janet Yellen had just given her speech in Jackson Hole, focusing on labor market slack, and thus removing tension around the issue of Fed rate hikes. Show More Summary
Every year, top global financial policymakers gather in Jackson Hole, Wyoming for a summit. Bank of Japan (BOJ) Governor Haruhiko Kuroda was there, and delivered a disappointing message to those who were waiting for a ramp-up of the bank’s money printing.
At the Jackson Hole economic conference last week, Janet Yellen said the Fed wasn’t ready to raise interest rates any time soon. Photo by Andrew Harrer/Bloomberg via Getty Images A note from Paul Solman: Making Sen$e’s old friend Terry Burnham is back with another grim counter to the conventional wisdom. Show More Summary
In remarks made recently to a Central Banking Conference meeting in Jackson Hole, WY, Federal Reserve Chairwoman Janet Yellen attributed at least some of the persistent unemployment/underemployment woes in today’s job market to the fact...Show More Summary
The Wall Street Journal’s Daily Report on Global Central Banks for Thursday, August 28, 2014: Sign up for the newsletter: http://on.wsj.com/grandcentralsignup HILSENRATH’S TAKE Why in Jackson Hole last week did Mario Draghi signal more easing by the European Central Bank while Janet Yellen signaled the Federal Reserve is taking a patient path toward interest rate increases?
You can't go two hours without seeing a new ALS Ice Bucket Challenge in your newsfeed, and ski resorts haven't been immune to the viral phenomenon. Want to know how big-time resorts like Aspen Snowmass, Jackson Hole, and Whistler Blackcomb...