Sell The Rumor, Buy The News (Part II)

Once again, the "markets" awaited the utterances of a Fed Goon. This time it was Mother Fellen, herself, making her speech in Jackson Hole. And what did she say? More of the same old nonsense with a message designed to spark the desired "market" reaction...truth and accountability be damned. At least, for all of us at TFMR, we were prepared for what was to come next.

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