There is a rising probability the Fed will be perceived to be ineffective in managing the economy in the coming few months, which makes gold and gold miners attractive short term assets to own.
Gold Will Shine If The Labor Recovery Stalls
Summary
- If the labor market recovery stalls, interest rates and the dollar will fall.
- Inflation will stay elevated even if the labor recovery stalls.
- Gold will perform well against this backdrop.
- The odds of a slowdown in the labor market are increasing.
I am passionate about macroeconomics and financial markets. I focus on economic growth and inflation, and my view of those two variables drives my investment strategy.
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