JACKSON HOLE COULD TRIGGER BIG MARKET MOVES This year’s Jackson Hole symposium could have an unusually strong impact on markets, according to Julius Baer. Investors are closely watching Fed Chair Kevin Warsh’s speech after July’s Fed communication provided little clarity on the policy outlook. Historically, Jackson Hole rarely moves markets significantly—but when it does, the effects can be large and long-lasting. The event comes at a sensitive time for bond markets following last week’s surprise Treasury buyback announcement.(*Walter Bloomberg)