The Traderszone Network

Published in TZ Latest News 21 August, 2014 by The TZ Newswire Staff

Previewing Yellen’s Jackon Hole "Gobbledygook": Not One Analyst Thinks Yellen Will Say Anything Remotely Hawkish

Ahead of Yellen’s Jackson Hole speech tomorrow, the sell-side, hypnotized by 6 years of Fed bubble-inflating generosity, refuses to even consider the possibility that the Fed could possibly pull the punch bowl away, and the absolutely unanimous consensus is that despite yesterday’s minutes (or perhaps due to, because as the Chinese Department of Truth has taught us, one must first and foremost baffle with BS), Yellen will go uber-dove.

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