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Trader Warns Jackson Hole’s “Hesitantly Optimistic” Chatter Will Be “Nothing But Buying Time”

Hawkish, dovish, hawkish, dovish? As many market participants suspect, this week's Jackson Hole 'retreat' wil be a nothing-burger with perhaps a side-dish of temporary volatility as machines quibble over various words in headlines. Former fund manager Richard Breslow warns not to expect much… Via Bloomberg, Expect to Hear Jackson Hole Is Great in August At […]

Watch Live: Today’s Once-In-A-Century Solar Eclipse

Experiencing a total solar eclipse is rare. And a solar eclipse that emcompasses the entire Continental US is even more rare. Which is why people from across the US will take a break from work and school and go outside for a glimpse of a total eclipse that's expected to last just two minutes and […]

Next Week’s Solar Eclipse Will Cost US Economy $700 Million

$700 million… That’s the total projected cost to the American economy in lost productivity as workers head outside to watch next week’s solar eclipse, according to Chicago executive-outplacement firm Challenger, Gray and Christmas. Here's Reuters: “American employers will see at least $694 million in missing output for the roughly 20 minutes that outplacement firm Challenger, […]