Sometimes, market moving developments arrive with a bang: A flash-crash, a major earnings report, a ground-shaking geopolitical development. But sometimes, market-moving developments arrive slower: A change in policy that barely ripples the 24-hour news cycle but grows over time to be truly significant. As an investor, there’s not much to gain from the louder news; it is processed and internalized by everyone simultaneously. But sometimes, the ripples can be overlooked, and that creates interesting avenues to explore. We got one such ripple on August 27, when Federal Reserve Chair Jerome Powell’s gave an important ... (full story)