Fed’s Snakejuice And Winners/Losers From T-Curve Flatterning (Winners: Real Estate, Financials, Information Tech, Losers: Industrials, Retail, Metals And Mining)
by confoundedinterest17 At the annual Jackson Hole (aka, J-Hole) Economic Symposium, Federal Reserve Chairman Jerome Powell reiterated that the Fed is in no hurry to either taper asset purchases immediately or aggressively. Additionally he made crystal clear that even when the Fed does …