The Periodic Table of Videos – whose host is almost as remarkable as his subject – peeks inside The Bank of England’s gold bullion vault.
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Michael Kahn of Barron’s Online gives a technical rationale for a cyclical bear market, followed by a 15-to 18-year secular bull.
The Federal Reserve’s aggressive monetary policy tightening is slowly helping to moderate inflation, but it has more work to do to tame price increases in the sticky services components which will likely require further slowing in the labor market. Wage pressures remain strong driven by a tight labor market and consumption is slowing while GDP growth is easing.
Nearly 30% of fund assets are invested in passively managed portfolios.
As we look back at our best and worst calls of 2022, it’s clear that we got more correct than not. However, I wish we were more emphatic about some of them.