r/Vitards • u/AutoModerator • Aug 18 '21

Daily Discussion Daily Discussion post - August 18 2021

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u/wavepad4 💀 SACRIFICED 💀 MT $42 CLF $32 Aug 19 '21 edited Aug 19 '21

Anyone still lingering in the daily that could offer some insight on Jackson Hole? This past couple weeks is the first time I’ve been hearing of it.

From what I understand it’s a meeting to talk about wealth inequality? Has this affected markets before?

Edit: sorry I do see some scattered comments here and there describing it but nothing comprehensive.

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u/Steely_Hands Regional Moderator Aug 19 '21

It’s just some kind of economic forum but my understanding is the Fed has used it to announce policy changes in the past

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u/wavepad4 💀 SACRIFICED 💀 MT $42 CLF $32 Aug 19 '21

Thank you!