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Getting Ready for the Jackson Black Hole

Getting Ready For The Jackson Black Hole
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A black hole is a region of space having a gravitational field so intense that no matter or radiation can escape. Even light is held captive to the overpowering forces of its gravitational field. It is an enigma of science, where the rules of space and time are altered, and our grasp on physics is confounded. As the markets prepare for Janet Yellen’s speech at Jackson Hole, Fed policy is at risk of a radical paradigm shift that could alter its mandates for the foreseeable future. Such a shift is unmerited in my opinion, but there have been external ruminations and Federal Reserve comments indicating that the very tenets of monetary policy are being questioned.

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