A.M. Look 8/27/21

Jackson Hole show starts @ 9 A.M. CDT.

Today will set the tone for the final 2 trading days in August,

The room had a large gathering late yesterday to discuss possible ramifications and potential price action.

The most impactful gathering was in 2010 when Bernanke started QE.

The expectation for a taper although the board does not currently show it.
“Harley Bassman, Brian Pellegrini and Yra Harris on the Economy and the Financial Markets” on YouTube

https://youtu.be/31FB4_jZrw0

Spoo; gap trading below. It will take a 4450 print for any signs of topping.

30 Yr. Bond; the game is @ the Matrix level matching the major moving averages.

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