A growth plateau won't save bonds from rising inflation and a behind-the-curve Fed.
Markets twist in the wind while tax and monetary policy are up for grabs.
Gold tells the tale the Fed would rather be left unsaid.
You can't fight the numbers: trusting the Fed has been an expensive mistake.
Most investors don't "get it" that inflation is alive short-term, and that disinflation is dead long-term.
Small improvements in reported inflation only open the door for large policy error.
Equities are hostage to resolution on inflation and the election.
Junk bonds could soon face a double-headwind from inflation and Fed rate hikes.
Gradualism means the Fed is not so gradually falling behind the inflationary curve.