Full record

Hiteconomy

The Fed's Jackson Hole communication on 2023-08-25 causes interest rates to fall

A scored prediction by Tom Lee, made on .

VideoQuote from the original sourceeconomymarkets

Scored prediction

Hiteconomy

ā€œI think it's going to be quite easy for the FED to communicate something that actually causes rates to fallā€

The Fed's Jackson Hole communication on 2023-08-25 causes interest rates to fall

Made on
2023-08-22
Outcome
Hit
Importance
2 / 5
Effect on score
+1.51

What counted as right

Status
resolved
Settled on
2023-09-01

10-year Treasury yields fall in the week following the 2023-08-25 Jackson Hole speech

Criterion (10y yields fall in week following 2023-08-25) is met: 4.25% -> 4.18% by Sep 1, with an intra-week trough of 4.09% on Aug 31. Note: the drop was more attributable to soft incoming labor data than to Powell's Jackson Hole message, which was read as hawkish; the written criterion is level-based only. No o assigned.

Sources

  • 08/22/23 Tom Lee's Macro Minute - August Trends & Timing šŸ“ˆ

    YouTube Ā·

    Source

Evidence of what happened

  • 10-year Treasury par yield (FRED DGS10) closed at 4.25% on 2023-08-25 (Jackson Hole day). In the week following, yields fell every session: 4.20% (Aug 28), 4.12% (Aug 29), 4.12% (Aug 30), 4.09% (Aug 31), and 4.18% (Sep 1) — all below the 4.25% Aug-25 level. 10-year yields fell in the week following the speech, aided by softer JOLTS/ADP and the Sep 1 jobs data.

    Evidence

Corrections

  • Date: Title '08/22/23' and 'today is Tuesday August 22nd after the close'; recording predates Aug 23. Deadline (2023-09-01, Jackson Hole anchored) unchanged.

Effect on the score

+1.51
How sure they sounded
65%
Outcome
Hit
Importance
2 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

The Fed's Jackson Hole communication on 2023-08-25 causes i…
Methodology version
v1.0.0
Last computed
August 5, 2026
Made on
2023-08-22

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