Jackson Hole meeting
- By : Business Bob
- Category : Markets, News
- Tags: Banker, bankers, central bank, jackson hole, meeting
Much is being made by the media of the Jackson Hole meeting on Friday.
I think after years of stimulus brought on by the global financial crisis it has to be time to move back to a more ‘normal’ environment – whatever ‘normal’ is now. Debt has been fuelled by cheap money both for the consumer and for business. It is going to be difficult to unravel. Are there shock waves waiting on the horizon?
Stimulus
Has the artificial stimulus gone too far and lulled the investor into a false sense of security with the easy money flow? Do we feel that whatever happens in the world economy central banks will always ‘prop’ up the system and never let it fail? Has there been far to much risk taking in the markets?
Interest rates, the unwinding of stimulus and inflation have to sit high on the agenda.
I think more relevance is being attached to the meeting at Jackson Hole on this occasion.
Not long to wait and see…
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