I have been paying close attention to the news from Jackson Hole these past few days.

In general, for meetings where the direction of interest rate cuts can be anticipated,

these high-focus events

should theoretically have someone leaking information a few days in advance.

I have gone through many news articles, hoping to find some clues,

but I just saw Trump posting on his Truth platform,

and it actually made me feel uneasy.

These two have been playing this game for several months now,

and now he is urging again.

It gives me the impression that Trump is not confident that Powell will cut rates,

or he might already know that he won’t.

Mainstream cryptocurrencies have been continuously declining.

According to Alternative’s data, today’s crypto fear and greed index has dropped to 44 (yesterday it was 56), and this index on Binance is also low, only 45.

This doesn’t seem right. Powell wouldn’t really remain silent at the Jackson Hole annual meeting, would he?

#降息 #杰克逊霍尔全球央行年会