Weekly Commentary: Dr. Jekyll and Mr. Hyde

sykono/E+ via Getty Images Bloomberg’s Jonathan Ferro: “What is it that Chairman Powell did on Wednesday that you disagree with?” Mohamed El-Erian: “I said it contributed to undue market volatility. It’s the undue part -excessive market volatility. I think, once again, the Fed did not understand the technicals. Once again, the Fed didn’t understand the […]

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Gold, TIPS, bitcoin and alternative ETFs weren’t the inflation hedges they were supposed to be

You may want to consider selling your inflation hedges. This coming Thursday’s Consumer Price Index report is expected to show US inflation continuing its recent moderating trend (to 7.9%, according to economists polled by the Wall Street Journal – down from the previous month’s 8.2% annual rate and June’s 9.0% rate). . Moreover, inflation hedges […]

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