Stocks Rise on Powell’s Dovish Taper Talk

Published on
August 27th, 2021
Duration
40 minutes


Stocks Rise on Powell’s Dovish Taper Talk

Daily Briefing ·
Featuring Thomas Thornton, Jack Farley and Ash Bennington

Published on: August 27th, 2021 • Duration: 40 minutes

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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