by David Chapman
GoldSeek
Things are not getting better. They are getting worse, and the bottom is not here yet, irrespective of any temporary rallies or dead cat bounces. A big up day on Friday following a big down day the day before might signal a temp bottom. But everything around is getting worse with tariffs, government firings and now attacks on the judiciary and the media. A looming constitutional crisis? Chaos and volatility.
Consumer sentiment fell sharply again, while inflation expectations rose. Stagflation? Expectations for increasing rates generally buttress the balance sheets of insurance companies such as Great West Lifeco Inc., which reported record earnings, increased its dividend, and is held in the Enriched Capital Conservative Growth Strategy.* The FOMC meets this week, March 18-19. Expectations are they will remain pat even as inflation numbers this week were down slightly.