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Monday, August 22, 2011

JACKSON HOLE

JACKSON HOLE


The bankster tools hold their annual meeting this week at Jackson Hole, Wyoming, from August 25th to 27th. What will helicopter Ben have to say? Bernanke announced QE2 at the 2010 meeting. This year Bernanke is scheduled to speak on ...

Last year Bernanke paved the way for QE2 with his Jackson Hole speech on August 27, 2010. Bernanke outlined three possible policy options for additional monetary accommodation: 1) additional purchases of longer-term securities (QE2), ...

Last year, stocks embarked on a multi-month rally after the Fed chief in late August hinted at the second round of quantitative easing, or “QE2,” at Jackson Hole. The Fed's stimulus program expired at the end of the second quarter, ...


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