Yellen and Draghi seemed to say very little at Jackson Hole, but the market made a lot of assumptions.

In this video we explain how post-Jackson Hole, consensus is shifting towards believing in perpetuated loose policies, and the warning signs in oil prices falling in tandem with the US dollar as well as Gold.

Enjoy!

Daniel Lacalle is Chief Economist at Tressis, SV a PhD in Economics and author of Life In The Financial Markets, The Energy World Is Flat (Wiley) and Escape from the Central Bank Trap (BEP).