What do a mountainside resort and economists have in common? Next to nothing, if it weren’t for an annual invite-only summit the Kansas City Federal Reserve hosts at the Jackson Lake Lodge ...
Note: S&P 500 Index change from the closing level the day before the speech through the next six trading days. 2020's speech occurred on a Thursday; all others were on a Friday.
Federal Reserve Chair Jerome Powell came out as a dove during his speech at Jackson Hole, and Wall Street ate it up. The Dow was up 423 points, or 1.1%, after Powell wrapped up. The S&P 500 was up ...