Part 4/8:
Concerns regarding aggressive tariff strategies by the government further complicate the implications for inflation, as these tariffs can create sudden spikes in prices while negatively impacting international trade. The notion that escalating tariffs leads to “beggar-thy-neighbor” economics was highlighted, indicating a shared global downturn.
The Gold Market
Turning the focus to gold, there seems to be a strong bullish sentiment among investors. Gold has rallied significantly in recent months, with some foreseeing a price surge that could see it reach $5,000 per ounce. This bullish perspective stems from the chaos and volatility present in both international and domestic political landscapes, which historically drive investors towards gold as a safe haven asset.