Bonds and inflation
with bonds forecasting inflation of 1/2% or so, one would hope that the other side mite concentrate on the dangers of socialism not inflation.
gold in uncharted territory never been down as much. swamp now aims at desantis. aggregated weekly figures to make him look bad. but he's gaining on pele.
the chronic bear says bonds stop forecasting inflation. but if market participants felt that bonds were not consistent with no inflation, they would sell bonds and make a sure profit. markets are very smart and don't allow an oppportunity like that to pass.