Markets are waking up to the notion that inflation hasn’t peaked

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Published : September 20th, 2022
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MarketWatch/Joseph Adinolfi/9-14-2022

“As Nomura’s Charlie McElligott pointed out in a note published Wednesday morning, markets are now bracing for the possibility of a ‘hard landing’ for the U.S. economy, as investors wake up to the reality that inflation will be much more stubborn than they had expected.”

USAGOLD note: We’ve gone from Inflation not being a problem to being manageable, from manageable to transitory, from transitory to persistent, from persistent to a major problem – all in the space of less than a year. And now some, as MarketWatch reports, believe the Fed may become more zealous than it needs to be thereby inflicting more damage than is necessary.

Read the rest of the article at USA Gold
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