Inflation is Short of the Fed’s Goal

Inflation is Short of the Fed’s Goal

#Fed #inflation The Fed is determined to drive inflation higher from marks it considers extremely low. For that to happen, 1st it must convince the market and consumers that prices will accelerate going forward. The Key problem is that the measures that bond traders and strategists rely on for longer-run inflation expectations can often give […]

The Yield Curve and Gold’s Price

The Yield Curve and Gold’s Price

$XAU $GLD When the spread between 10-yr and 3-mo Treasuries bottomed out, the price of gold rose above 1,580. And the current fears about coronavirus may support it in the short-term. However, fears about prior virus outbreaks were overblown as is this 1, and the current anxiety looks to be temporary. The yield curve has […]