Warsh's First Jackson Hole, And The Weakening US Dollar

We look at what yesterday's jobless claims say about the US labour market, and what to listen for when Kevin Warsh delivers his first Jackson Hole keynote as Fed chair tonight. With Treasury yields easing and the dollar near its weakest since May, we ask whether the worst of the bond turmoil has passed, whether the Fed's next move could be a hike rather than a cut, and how investors should be hedging against a devaluing dollar. We speak to Laurent Lequeu, Independent Market Analyst and Writer of The Macro Butler Newsletter. Image Credit: Shutterstock See omnystudio.com/listener for privacy information.