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Self-Taught Quant (guest: Harel Jacobson)

The Market Huddle

CHAPTER

Is the Inflation Trade Strengthening or Rolling Over?

Inflation is apparently now bad for gold and the market thinks the Fed can raise interest rates and fight inflation. Has everyone lost their mind? Or am I missing something? The markets seem broken to me. One needs to happen for people to realize a Fed can't do shit to fight inflation. Who cares about two rate hikes in 2023? It ain't doing anything.

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