The Fed’s Hidden Gift to Stocks and Gold
Sonu explains that falling real rates, caused by sticky inflation and the Fed’s reluctance to tighten policy, are driving current market rallies in equities and gold, even as headline inflation remains high.
Sonu explains that falling real rates, caused by sticky inflation and the Fed’s reluctance to tighten policy, are driving current market rallies in equities and gold, even as headline inflation remains high.