Two words – “policy” and “error“
Gold up 3%, Long bonds up 2%, Stocks down 5% since the Fed hiked rates: This was not supposed to happen!
And money markets are not buying what The Fed is selling.
Two words – “policy” and “error“
Gold up 3%, Long bonds up 2%, Stocks down 5% since the Fed hiked rates: This was not supposed to happen!
And money markets are not buying what The Fed is selling.