by John Galt
August 26, 2016 05:15 ET
Maximum pain is on the way. What is about to hit could have been avoided, but knowing the pragmatic nature of central bankers they will simply state what they think the markets and world wants to hear.
This time it is different.
Between what she says at Jackson Hole today, which will be released at 10 a.m. ET, and the news slowly leaking out of Europe, by the time we get to the October surprise for the markets, all hell will be breaking loose. It will look a lot like this:
Buckle up. Stay safe. And prepare for impact.
Oh, and the U.S. consumer is driving the 1959 Bel Air.
More with charts later today after she speaks.