
They Love To Talk, But Hate To Communicate
There's certainly no shortage of Jackson Hole previews out there, and as we've noted on multiple occasions, some of the drama associated with what should have been this month's most important scheduled (examples of unscheduled events include nuclear wars and Presidential race-baiting) event was removed when Reuters reported that Mario Draghi will not in fact use his speech to communicate anything about ECB policy.
But is all of the hype just that - hype?
That is, don't we already know what the
Yep. Sounds about right. I am glad I am not a central banker, even though the perks are nice.