Bernankes speech in Jackson Hole didnt bring any major stir up in the financial
markets, but there is still high uncertainty in the markets in regards to the
future economic progress in the US and Europe. Hurricane Irene that hit the east
coast might affect the financial markets if there will be substantial damage to
the infrastructure in the major cities including New York. Before we enter a new
busy week, here are several recommended posts regarding the forex and
commodities markets of August 28th: In Forexcrunch, Yohay analyzes Bernankes
dilemma in regards to the effectiveness of another quantitative easing program.
In Forexcrunch there is also a report of the recent speech given by Bernanke in
Jackson Hole and the changes in the Euro/USD exchange rate following the news
from there. Larry Greenberg takes us back to the day the music stopped –
January 14th, 2000 the day to remember in the financial history of US economy;
John Daly talks about China and the record high rare earths prices that promote
illegal mining; Al Fin considers that the Obama energy conservation policies are
actually further destroying Jobs; Gail Tverberg thinks that gold price might not
prove to be such a
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