Gradualism means the Fed is not so gradually falling behind the inflationary curve.

Junk bonds could soon face a double-headwind from inflation and Fed rate hikes.

Equities are hostage to resolution on inflation and the election.

Small improvements in reported inflation only open the door for large policy error.

Most investors don't "get it" that inflation is alive short-term, and that disinflation is dead long-term.

You can't fight the numbers: trusting the Fed has been an expensive mistake.

Gold tells the tale the Fed would rather be left unsaid.

Markets twist in the wind while tax and monetary policy are up for grabs.

A growth plateau won't save bonds from rising inflation and a behind-the-curve Fed.