Fed Chairman Jay Powell gave some fairly dovish comments today in his keynote speech at Jackson Hole.
It was absolutely no surprise to anyone who have been following things closely.
But it apparently surprised the markets (yeah right), which took off higher, going out near the highs.
The Russell 2000 was a top performer for a change of pace.
Gold and silver were shining, especially in the aftermath of the utterly obvious and heavy-handed takedown last week by one or more of the short interest holding Banks.
Next week there will be a Non-Farm Payrolls report on Friday, ahead of the three-day holiday weekend.
Have a pleasant weekend.
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