Deep Dive: Not all gold has the same value for investors
The current economic uncertainty, high interest rate and inflationary environment create a case for gold to be in investors’ portfolios.
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The current economic uncertainty, high interest rate and inflationary environment create a case for gold to be in investors’ portfolios.
The current Fed may be remembered not for taming inflation, or even letting it out of the bag. It may have its own ignominious special place in history.
03.04.2023 - Before 1965, US inflation was stable for years, hovering around or below 2%. But President Lyndon Johnson then began implementing big increases in spending, as part of both the war on poverty
Mohamed El-Erain thinks the US Fed's miltiplying failures have done serious damage to its reputation and effectiveness
"My worry is that it may end up being remembered in a category of its own, as the Fed that undermined its own credibility," Mohamed El-Erian said.