At 10:00 am Eastern this morning, Federal Reserve chair Janet Yellen gives her greatly anticipated opening speech at the Federal Reserve Bank of Kansas City’s annual economic symposium held in beautiful Jackson Hole, Wyoming.
Today, I’m going to tell you what she says before she says it. If you’re reading this after the speech, you can gauge whether or not I was right.
This exercise, “guessing” what Yellen is going to say, before she speaks, is important.
It’s important because if I’m right, you’ll know I wasn’t guessing and you’ll know exactly how the actors in Jackson Hole are burying us alive.
And you’ll know what’s going to happen with financial markets.