US Inflation Report Will Show Whether Stocks or Bonds Got it Right
For the first time in a long time, stock and bond markets are flashing divergent signals on the economy and future Federal Reserve policy. Tuesday’s inflation report will go a long way in determining which one is right. Bond markets have been cautious. Yields on two-year Treasuries have soared by more than 30 basis points […]
Gold Rises on China’s Covid Shift, Signs of Cooler US Inflation
Gold rose, trading above $1,800 an ounce, as China removed more of its Covid-19 controls, piling pressure on the dollar as risk assets gained. China will no longer quarantine incoming travelers from early January, adding to the rapid reversal of strict pandemic rules and boosting sentiment toward Asia’s largest economy. Source: Bloomberg Stay Tuned with […]