Jackson hole did little more than make Fed Chair Janet Yellen look like a blithering fool.

Her chart of confidence levels on interest rates was just one of many silly things.

Here’s a roundup of tweets and posts that shows what I mean.

Proof Economists’ Style

Proof looks like this at #JacksonHole. No empirical evidence needed.

Investigating the Crisis

Pre-crisis look at gap Fed has created between financial valuations and economic activity.

Can It Be a Bubble If Everyone Thinks So?

Jackson Hole Postmortem

ZeroHedge provides a summary of quotes in his Jackson Hole postmortem: “It May Take A Massive Program, Large Enough To Shock Taxpayers”

And once again here’s a chart from Yellen’s own presentation.

Fed Confidence Levels


Related Articles

Mike “Mish” Shedlock