Investors Voting With Their Feet
After a very dovish Fed statement that did not even pay lip service to inflation concerns, investors are voting with their feet and selling treasuries and buying commodities. This is not yet a problem but if this move catches a head of steam it might be a problem soon.
Subscribe to:
Post Comments (Atom)
1 comment:
"Problem"? More like opportunity.
Stock prices and bond yields were getting close to fair value last summer. They'll return to those levels as soon as this mirage of a booming world economy dissipates.
Post a Comment