Tune Out Jackson Hole: Ignore the Fed and Prosper

by Greg Guenthner
Daily Reckoning

When Janet Yellen speaks, the world listens!

But not us.

The Fed chair is scheduled to address her fellow central bankers at Jackson Hole in just a couple of hours. Instead of tuning in, I’ll be sifting through a pile of charts. Heck, maybe I’ll listen to some soothing music. Anything but inflation target ramblings and talk of metaphorical toolkits…

Investors seem to believe Yellen will offer some form of clarity today when it comes to rate hikes and Fed policy moving forward, specifically when it comes to next month’s meeting.

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