The much-anticipated gathering of central bank heads in Jackson Hole, Wyoming, is over, and the markets are expected to embark on a new trajectory. The event didn’t have any major surprises, unlike previous editions, but there was plenty to shake up the markets. Typically, September sees a turn-around in market sentiment. Normally, the summer sees markets drifting higher but then reverse after US Labor Day. But this summer, markets haven’t gained all that much momentum. Traders appear to be increasingly convinced that a major recession is no longer as big of a risk in the near term. Given what transpired over the ... (full story)