von GoldenSnuff » Freitag 27. August 2010, 14:22
Mahlzeit !
Nach dem BIP kommt kurz vor 4 das Verbrauchervertrauen......Wohl noch wichtiger ab 16.00 Uhr die Rede von Big Ben...
Dazu ein Preview von JPM:
Bernanke – preview of his Jackson Hole speech (10amET Fri morning)
· Bottom Line – rarely has a Fed speech/event been as anticipated as Bernanke’s address is today. It’s not clear if expectations are getting out of hand (although there is some talk of actual policy announcements coming at 10amET, which prob. won’t wind up happening). Bernanke has a few critical tasks to perform: 1) credibly explaining the Aug 10 decision (was it b/c MBS were maturing quicker than expected or is there heightened concern on the economy or both?); 2) articulating the policy options left to the Fed and under what conditions such options would be activated; 3) updating the outlook for growth and inflation; 4) refuting the recent WSJ article that described the current Fed as lacking consensus and the recent meeting as being “contentious”.