"This was the first Jackson Hole event since Janet Yellen took over the reins of the Federal Reserve, and as everyone expected, she was the keynote speaker. However, anyone listening to that speech with hopes of learning when the Fed would begin raising interest rates had to be disappointed. Ms. Yellen stuck to her guns and kept the Fed’s flexibility intact by not committing to any specific timetable or trigger point regarding rates."
Read more of the newsletter by clicking on the below link.
http://investwithanedge.com/newsletter-archives/082714-fed-goes-to-jackson-hole-stocks-go-to-new-highI wish all ... "Good Investing."
Old_Skeet