09/03/26 Afternoon CommStock Report – Forward Guidance from Jackson Hole

The Commstock Report is a twice daily market report. 09/04/2026 Forward Guidance from Jackson Hole PLEASE REFER TO THE BROKER COMMENTARY PAGE FOR UPDATES!! 30(57.7%) Click Above to Watch Brian’s Afternoon Market Update The Fed meets annually each summer at Jackson Hole, Wyoming to let the fresh air clear their vision for monetary policy. I do not begrudge them that. One comment from Jackson that surprised me was an attribution from a Fed Governor over following Dr. Ed Yardeni. Who is that? “Edward Yardeni is an Israeli-born American economist and the president of Yardeni Research, which offers economic research and recommendations to clients. He is also the former chief economist for EF Hutton, Prudential Securities, and C. J. Lawrence. (Wikipedia)” It is unusual for a Fed banker to name someone specific that they go to for market perspective so that makes Yardeni special. I too have become familiar with his work. I would describe him as a wall-climber as Yardeni has advised staying aboard the bull market as it… “climbs the wall of worry.”  Yardeni is a stock market super-bull forecasting 8400 S&P yet this year resulting from historical corporate earnings growth. The worry that is the highest mountain to get over, is…