Jackson Hole

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Jackson Hole,

fertile Rocky Mt. valley, c.50 mi (80 km) long and 6 to 8 mi (9.6–12.8 km) wide, NW Wyo., partly in Grand Teton National Park. Jackson Lake, 39 sq mi (101 sq km), a natural lake through which the Snake River flows, was dammed in 1916 to control the river's flow. Now a summer and winter resort area that attracts many tourists every year, the valley has been popular with hunters and trappers from the time American trapper David Jackson, for whom it was named, wintered there in 1828–29. In the late 1880s, Jackson Hole was settled; two homesteads have been restored as historic sites. The National Wildlife Art Museum is just N of the town of Jackson. The National Elk Refuge, est. 1948, is the winter home of the largest elk herd in North America. Many animals and birds inhabit the area, including the bald eagle and the rare trumpeter swan.
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'The focus now is going to be on Jackson Hole, I think, to the end of the week,' said Olivier Jakob, oil analyst at Petromatrix.
Investors will closely scan the minutes from the U.S Fed's July policy meeting due on Wednesday, with focus on the central bank's Jackson Hole seminar and the Group of Seven summit this week.
The airport is only 15 minutes from town, and Jackson Hole Mountain Resort is 15 minutes from there.
Wealth is further concentrated in Teton Village -- an enclave at the foot of the Jackson Hole Mountain Resort -- where an average income of $515,000 placed it on Bloomberg's Richest ZIP code list.
SkyWest Airlines employees were informed by management that their jobs would be running out in September after an internal decision to not renew the Jackson Hole Airport ground operations contract.
Vertical Harvest of Jackson Hole is among the first farms in the U.S.
Antoinette Schoar, an economist who teaches at the MIT Sloan School of Management, said the Fed should remain "above the fray." "Fed policy should not have anything to do with politics," said Schoar, who is also attending the Jackson Hole conference.
Its profile was raised a bit in 1982 when it was relocated from Kansas City to Jackson Hole, with the objective of luring then-Fed Chairman Paul Volcker to make a trip west for the event, as he was an avid fly fisherman.
Thursday marks the beginning of the annual policy symposium at Jackson Hole, organised by the Federal Reserve Bank of Kansas City, where central bankers, finance ministers and academics from around the world will discuss economic and policy issues.
The local stock barometer firmed up for the second session in a row yesterday ahead of a long weekend break and a much-awaited central bank symposium in Jackson Hole, Wyoming.
THE pound lost ground on Tuesday, falling to seven year lows against the euro ahead of the Federal Reserve's Jackson Hole conference tomorrow.

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