Jerry The JHole

Oops. That title should read " Jerry in JHole ". My bad. But, whatever. In our annual late summer ritual, the investment world sits upon pins and needles today in anticipation of Jerry's keynote speech at The Fed's Jackson Holedown central banking conference. What will he say and how will he say it? We'll know soon enough as his appearance is scheduled for 10:00 ET.

You may recall last year. Everyone was waiting to get some ideas from Jerry about the path forward after 18 months of rate hikes. Instead, he gave nothing but a brief summary and exited stage right....