By: Frank Holmes
- Anticipating trouble ahead, fund managers make a historic rotation out of equities into bonds.
- Gold and gold mining stocks have been the one bright spot this quarter.
- Tax reform turns one year old. Has it achieved what was expected?
Disregarding strong opposition from the likes of DoubleLine Capital founder Jeffrey Gundlach, legendary hedge fund manager Stanley Druckenmiller, “Mad Money” host Jim Cramer, President Donald Trump and others, Federal Reserve Chairman Jerome Powell hiked rates last Wednesday for the fourth time in 2018.
By: Frank Holmes
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