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Jackson Hole 'Pop' Continues

Markets being forward looking, I believe we're seeing a snap back ahead of this weeks Jackson Hole meeting (Aug 21-23) where policymakers will discuss at length their thinking around the labor markets of major economies, perhaps dropping clues about the path for monetary policy in the months ahead.

The spotlight will be on Janet Yellen, who will speak on Friday in her first appearance at Jackson Hole as Fed chair.

Most will recall Ben Bernanke two years ago that paved the way for an unprecedented $85 billion per month stimulus plan.

While most don't expect anything spectacular out of the Fed…

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