What the hell is happening? – A look at inflation and the US bond market – Money Morning Australia
We have all been surprised by the trajectory of the markets since the start of the COVID crisis.
A mind-boggling crash, then a relentless rally after the US Fed comes to the rescue again.
The Nasdaq is now 15% above the all-time high set in February 2020 – after rising 69% from the low.
The money went from US $ 12 to almost US $ 30 in a matter of months. Gold rose from US $ 1,450 to over US $…
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