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'We're in untested waters' with inflation and the winners are hard assets like gold

From kitco.com

Economies worldwide are in "untested waters" with explosive monetary and fiscal stimulus testing the limits of global financial stability, said Jon Deane, ex-JPMorgan MD and now CEO of Trovio. It is all about the massive policy response deployed to fight the COVID-19 crisis. "We're in untested waters. It's a scenario that hasn't played out before," Deane told Kitco News. "After every major economic crisis that we've had, we've adjusted our economic thesis — how we approach markets from a central bank perspective and how we manage economies going forward," Deane pointed out. And in response to COVID-19, ... (full story)

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  • Category: Fundamental Analysis