Image Source: Pexels
There were several key points from Jay Powell's speech at Jackson Hole which everyone seems to have missed. The market picked up on them, however, with SOFR futures reacting by pushing its inversion deeper and further out, now early 2027. What Chair Powell meant under everything he said was he finally gets the big Beveridge risk.
Video Length: 00:21:16
More By This Author:
McDonald’s Just Slashed Prices… The Economy Is Done
Europe’s Economy Is Way Worse Than You Think
Prime Day Fizzle? American Consumer Confidence Hanging By A Thread
Comments
Log in or sign up to join the conversation.