Goldman Delivers Last Minute Market Musings Ahead Of Powell In Jackson Hole

August 23, 2019August 23, 2019

Goldman wasn't surprised by the hawkish procession of Fed officials the market was confronted with ahead of Jerome Powell's make-or-break remarks at Jackson Hole. "Going into this week, we thought the combination of decent US data and resistance from a number of Federal Reserve Bank presidents to providing a much more accommodative policy stance would lead to a somewhat constrained message from Chair Powell, providing near-term support for the Dollar", the bank wrote Friday morning, in a quick

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One thought on “Goldman Delivers Last Minute Market Musings Ahead Of Powell In Jackson Hole”

Anonymous

August 23, 2019 at 8:23 ams Reply

He’ll say they’re thinking maybe easing by only a quarter point, the markets will throw a tantrum because he says they’re not thinking zero, and the Shutup & Print 500 index will close down 14%.