Let's go over what you need to know while members of the Federal Reserve are gathered at Jackson Hole, Wyoming.
Stephen Guilfoyle, a contributor for Real Money, weighed in on what investors need to pay close attention to going into the weekend.
"First and foremost, J Powell speech. It's almost impossible to know what's going to happen. We had a couple of fed officials come out ahead of his speech and sound quite hawkish. As to George and Patrick Harker, I'm not sure they really get how important it is to repair the yield curve. I'm sure they get how important it is to corral dollar exchange rates. I think they're focusing on data that's semi-okay for the economy, which makes them data, the pendant, which everyone seems to love. But the thing is you have to be data anticipatory you have to understand that with foreign buyers coming in because they're forced to into the long end of the U.S. curve," said Guilfoyle.
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