The London interbank offered rate (commonly known as Libor) is an interbank lending rate and is also used as a short-term interest rate benchmark.

U.S. markets opened lower today as traders are dialing down risk ahead of Federal Reserve Bank (Fed) Chair Janet Yellen’s speech tomorrow at the Jackson Hole Symposium.

For those of you who were able to see Chief Investment Officer Burt White in person at the LPL Focus conference yesterday, you got a great show.

Equities are starting the day near flat, which is no surprise given the holding pattern that markets have adopted ahead of Federal Reserve Bank (Fed) Chair Yellen’s speech this Friday.

Many are wondering what the final few months could hold in store as we head into the presidential election.