Does the drop in gold mean an end to inflationary risk? Not by a long shot.
Bonds lose, stocks win.
Everyone seems to know the Fed is raising rates. But does the Fed?
So where's the "buyable dip"? Maybe this is it.
Bonds face the reality of the awakening of a long-slumbering Fed.
Higher interest rates are not to be feared -- provided the Fed really delivers them, and Bush dodges the political fallout.
Even after March's terrific jobs report, the Fed still just doesn't get it.
With new political uncertainties and no valuation tailwinds, the tech sector is suddenly not so compelling.