The Jackson Holedown

Fri, Aug 27, 2021 - 9:37am

Chief Goon Powell has sort of caught me in the middle timewise so I decided that I might as well just start this new thread before he speaks this morning at the virtual Jackson Hole meeting.

That list of Goons from earlier today has mostly been uneventful with some even leaning toward waiting to begin any taper schedule. But Goon Mester was just out a few minutes ago and she endorsed an immediate taper plan that begins in September and ends by the middle of next year. This rallied the POSX and sent CDG/CDS to their lows of the day....

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