Still Waiting for Jackson Hole

“The gap between what you say and what you do, between what you promise and what you deliver, is like a drain in the road. The drain is where water escapes, just as your power will seep away if there is a difference between your words and your actions. Ask yourself everyday, were your thoughts, words and actions aligned? Ask someone else what they saw in you too. Feedback is the food of all positive change.” –
As we discussed in our latest weekly outlook video, we’ll just have to be patient as we wait for Draghi and Yellen out of Jackson Hole on Friday. We’ll be paying attention to see if Yellen can muster up some courage and show a hawkish side instead of reverting back to her dovish nature and if Draghi will act on the continuing improving picture in europe and disappoint the status quo.
Here are some overview screens for equities, GBP and risk on/off monitor:
As always, there is no substitute for real-time/live action; if you are interested in attending a daily video morning call into N.Y. with a more detailed live discussion on all the charts and ideas we highlight/review in the weekly outlook and here on the blog, you should check out our Daily Webinar Group.

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