Opinion widely split after Jackson Hole “non event”

With investors eagerly awaiting signals on US balance-sheet unwinding and tapering of European bond-buying, the meeting of central bankers in Jackson Hole, Wyoming was seemingly a “non event”. It has merely served to prolong market uncertainty, judging by the variance in opinion among market experts on what will happen next. Some argue the unwinding will proceed despite the lack of guidance, while others take the opposite view. In the former camp is Bryan Carter, London-based he…