Competition for talent, rising cost of living heightened pressure on employers, 52% raising pay 4-8%, 73% of mid-sized businesses increasing pay 9%.
An ETF shop kept the lead last month for a third month in a row, among small fund firms.
Clark said that recessions and inflation have been historically good for gold.
Will Fed continue to fight inflation if economy tanks? Will Fed pivot to lessen downturn in investment markets if inflation stays above its target.