Dryblower on Jackson Hole, the shot heard round the world

“DON’T fight the Fed” is one of the oldest pieces of investment advice Dryblower can remember with a demonstration of what it means delivered in the US on Friday when Wall Street dropped 3.1%, and gold fell by 1.2%.

Dryblower on Jackson Hole, the shot heard round the world Dryblower on Jackson Hole, the shot heard round the world Dryblower on Jackson Hole, the shot heard round the world Dryblower on Jackson Hole, the shot heard round the world Dryblower on Jackson Hole, the shot heard round the world

Painful as those losses might have been for some investors the real message in what happened after a speech by Jerome Powell, the chairman of the Federal Reserve, the US central bank, is that Friday's