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Jackson Hole Closes the Door on the Fed’s Dovish Pivot

The Breakdown

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The Fed's Evolution to Non Stop Speeches

The market is still hoping for a dovish tance. Traders will be disappointed once again, in my opinion. What we got was an extremely short, to the point speech. The fed has way, way more room to be hawkish than people are giving it credit for. It's going to take some time because the fed has been asleep at the wheel.

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