Now we are just a few days away from the start of the Jackson Hole economic policy symposium, which I'm told is, without a doubt, the most important mon monetary policy conference in the world. Yes. The official theme of this year's gathering is What's theme.Drumroll, please. Okay. Financial innovation implications for payments and policy.Put that on a cake. Okay. Everyone is waiting for is the speech.Fed chair Kevin Walsh is scheduled to deliver on Friday at 10:00 Wall Street time. That is 08:00 Grand Teto ...

Good pointsNone (@None):China 10Y bond yield down to 1.7%. Same levels as the US 10Y bond yield back in 2012.2012 was tough times:--S&P 500 at 12x PE (like the CSI 300 today)--US index flat for 13 years (like the CSI 300 today)--MSFT and Apple at 10x PE (like China big tech today)--US home prices https://t.co/tlJALyxhIW ...