Feeling unwelcomed, or is something BIG and secretive happening inside the Federal Reserve?
The financial media are pouring it on and splashing it in a sensational fashion that the FED has Snubbed Wall Street Elite, such as: the chief U.S. economists of the biggest American banks, Vincent Reinhart of Morgan Stanley (MS), Jan Hatzius of Goldman Sachs Group Inc. (GS), and Bank of America Corp.’s Ethan Harris. Onetime conference regulars, including Mickey Levy of Blenheim Capital Management LLC and Meredith Whitney of Kenbelle Capital LP
Keep watching the central banks and their activities… ~Ron
Wall Street Cut From Guest List for Jackson Hole Fed Meeting
Source: bloomberg.com By Simon Kennedy Jul 22, 2014
This year’s three-day conference in the shadow of the Teton Mountains begins on Aug. 21 with the topic of “Re-evaluating Labor Market Dynamics.”
“The primary audience for the Jackson Hole economic symposium has always been central bankers,” said Diane Raley, a spokeswoman for the Kansas City Fed, who didn’t comment specifically on this year’s guest list. – bloomberg.com
Attending the conference is “a huge ego booster and regarded as a very prestigious thing to be invited to,” he said. “Nobody understands the invitation process — it’s traditionally opaque.”