New York Times (March 18)
Financial markets took the Fed’s higher rates in stride. “The stock market rose, bond yields wavered and commodity prices moderated. But whether the economy can withstand rising rates during a period of geopolitical turmoil and a lingering pandemic is a question without an immediate answer.”
Tags: Bond yields, Commodity prices, Economy, Fed, Financial markets, Geopolitical turmoil, Pandemic, Rising rates, Stock market, Withstand
Institutional Investor (August 27)
Gold is losing “its luster as an asset class.” Long considered a “hedge against inflation, currency volatility and geopolitical turmoil,” many experts are now questioning gold’s status as a legitimate investment. “Gold has failed to benefit from global economic and political turbulence recently…. Given that gold offers investors no yield, if it doesn’t rise in value during episodes like these, investors don’t have many reasons to hold it.”
Tags: Asset class, Currency volatility, Geopolitical turmoil, Gold, Hedge, Inflation, Investment, Investors, Turbulence, Value, Yield
