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Stocks Rise on Powell's Dovish Taper Talk

Stocks Rise on Powell's Dovish Taper Talk

Tommy Thornton weighs in on Fed Chair Powell s speech at Jackson Hole and revisits inflation with a rise in personal income and spending.

Real Vision: Finance & Investing · Real Vision Podcast Network

August 28, 202142m 50s

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Show Notes

DB-Aug27,2021: Tommy Thornton, founder of Hedge Fund Telemetry, weighs in on Federal Reserve Chair Jerome Powell’s speech at the​​ virtual Jackson Hole Symposium, indicating tapering could start in 2021, but signaling there’s no rush to hike interest rates. He also revisits the inflation debate with a rise in personal income and spending.

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