Removing the Cloak of Uncertainty
Jackson Hole is a boondoggle for the media. That's right, the media.
Tell me, how many pundits, experts or analysts were falling over each other trying to figure what Federal Reserve Chairman Ben Bernanke would say in Jackson Hole today? Frankly, it is a nonevent, but if it gets people reading, listening or watching, then the speculators come out. But how do you trade on this speculation? Much like the anticipation over the monthly jobs report, we wait anxiously for the news, exhale when it comes out, and then repeat the process the next month. Meanwhile, the market runs up in advance and then deflates....344 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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