Jackson Hole

Updated: Aug 30, 2019

The Federal Reserve annual symposium.


Is there a "Black Swan" heading for Jackson Hole?


Each year in late August the Federal Reserve Bank of Kansas City hosts dozens of central bankers, policymakers, academics and economists from around the world at its annual economic policy symposium, Aug. 22-24, 2019, in Jackson Hole, Wyoming.


This years theme,



"Challenges for Monetary Policy"


Ten years after the financial crisis monetary policymakers face a range of challenges as they pursue their mandates.


Different rates of recovery have led central banks to chart different courses for the normalization of monetary policy following a period in which most central banks used both conventional and unconventional monetary policy tools in response to the Great Recession. Whereas some central banks are approaching a neutral policy setting, others have yet to begin the process of removing policy accommodation.


Differences in economic conditions across countries and the associated settings for monetary policy present a range of challenges for policy makers.


  • First, the different trajectories of monetary policy paths across countries in recent years has contributed to a divergence in interest rates across countries. This divergence has implications for exchange rates, trade, and ultimately economic activity in the global economy.

  • Second, monetary policy actions and the buildup and eventual unwinding of central banks’ balance sheets from QE also have implications for capital markets and financial flows for advanced and emerging market economies as shifts in monetary policy in one country can create spillovers through financial markets affecting others.

  • Third, the path for policy normalization looks very different relative to previous normalization periods as the natural rate of interest is viewed by most policymakers as being lower than in the past and many central banks are also faced with unwinding unconventional policy actions taken during the financial crisis.

  • And finally, in the midst of charting a course for monetary policy to pursue their mandates, policymakers also must take into account influences of commodity and financial markets that can provide headwinds or tailwinds to economic activity and inflation dynamics.



Investopedia, a website that I've had the privilege of working with that focuses on investing and finance education defines a "Black Swan" as an unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences. Black swan events are characterized by their extreme rarity, their severe impact, and the practice of explaining widespread failure to predict them as simple folly in hindsight


"Trial Balloons" have been the norm in recent trading days. Everything from the possibility of a payroll Tax Cut to concerns of premature interest rate reductions that would take away the dry powder that the Fed may need in the future.


As the world continues with near zero to negative interest rates growth around the globe remains elusive.


All eyes will certainly be upon Federal Reserve Board Chairman Jerome Powell as he begins to speak later this week.


If you have questions about your investments, or where the best areas to put new money to work may be. Reach out for a free consultation and free financial review.





brokercheck_edited.png

Privacy Policy. 

Akin Investment never sells your information. All information gathered on this website is for the purpose of helping our clients and nothing is shared or sold to any third party. We value our clients trust and privacy.

 

This web site contains links to other sites. Please be aware that we are not responsible for the content or privacy practices of such other sites.  We encourage our users to be aware when they leave our site and to read the privacy statements of any other site that collects personally identifiable information. 

 

External links disclaimer. Throughout our site you will find links to external websites Although we make every effort to ensure these links are accurate, up to date and relevant, Akin Investment Advisory cannot take responsibility for pages maintained by external providers.  Please note that external links from this website are provided as a courtesy. We take no responsibility for information contained on external links from this website. 

 

Registration or subscriptions

In order to use certain sections like our “Book online” feature on this website, a user must first complete the registration form.  During registration a user is required to give certain information (such as name and email address). This information is used to contact you about the services on our site in which you have expressed interest.  At your option, you may also provide demographic information (such as gender or age) about yourself, but it is not required. 

Legend

This site is intended for clients and interested investors residing in states where Akin Investments, llc is qualified to provide investment services. Akin Investments, llc is a Registered Investment Adviser, located in Biloxi, Mississippi registered with the State of Mississippi. Akin Investments, llc may conduct business in those states or locations in which it is registered or qualifies for an exemption or exclusion from registration requirements similar to or as provided for under established de minimis rules.

 

Akin Investments, llc website in no event shall the presence of this website on the internet be interpreted or construed as a solicitation to provide investment advisory services outside of the State of Mississippi, South Carolina or outside of those states with an established de minimis rule. If you have questions on your specific situation please reach out to Akin Investments, llc at (228)-229-5020.

 

Akin Investments, llc does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Akin Investments, llc. web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.

  

https://www.akininvestment.com
  • LinkedIn Social Icon
  • Facebook Social Icon
  • Twitter Social Icon
  • Pinterest Social Icon
  • Instagram Social Icon

228-229-5020

310 Abbey Court, J 8, Biloxi, Mississippi 39531

All Rights ©2015-2020 by Akin Investments, LLC. Proudly created with Wix.com