Gold Rush Fever as Trump's Tariffs Spook Markets
Key Points
- Gold prices soar as inflation fears rise, while investors mo...
Money doesn't grow on trees, but apparently it grows in gold mines these days! As inflation fears grip the markets tighter than a bargain hunter on Black Friday, gold prices are hitting record highs while investors slowly back away from the U.S. dollar. Adding fuel to this financial fire, President Trump's upcoming 25% auto import tariffs (effective April 3) have everyone checking their wallet's pulse.
Fed's Symphony of Denial
Richmond Fed President Tom Barkin is maintaining his "everything's fine" stance on inflation with the confidence of someone who's never seen their grocery bill. Mea...
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