LPL, BofA: Fed Faith Starting To Fray
Bond yields would normally rise quickly in face of such compelling inflation signals, but it's increasingly hard to know what fighting the Fed means.
Bond yields would normally rise quickly in face of such compelling inflation signals, but it's increasingly hard to know what fighting the Fed means.
According to Goldman Sachs, if inflation stays relatively muted, stocks will do well. If the CPI takes off, though, returns will be mediocre at best.
“Shrinking money supply as a result of the withdrawal of the central bank would be very bad for the market, so I think we need to watch carefully."
Analysts say their best guess is that expiring benefits will “provide a significant tailwind to hiring in the coming months,” spurring job creation.
This outlook on gold is based on Gundlach's bearish video on the U.S. dollar. "The dollar going down. That's the linchpin to everything, I believe."
Majority of economists polled predict the quarterly rate-forecast “dot plot" on Wednesday will show the Fed waiting another 1-2 years to tighten.
In another thread, FOMO quickly devolved into finger-pointing, recriminations and a plea to make common cause in the name of a quick buck.