News
#This chart shows gold vs. the stock market since Bernanke’s famous ‘helicopter drop’ speech
“In short, market participants seem to agree with this thesis—in a world in which the government decides to keep the economy going via heavy fiscal spending, lower rates / other policy tools are helpful in terms of supporting that spending. As a result, the purchasing power of U.S. dollars has fallen much more than what conventional measures of inflation would suggest,” said strategists at Morgan Stanley led by Mike Wilson.
If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.
If you want to read more News articles, you can visit our News category.