With recent job numbers surpassing expectations and inflation slowly edging toward the Federal Reserve’s goal rate of 2%, talk is beginning of a “no landing” scenario for our economy.
“With signs of inflation lurking, few worries about the labor market crashing, and economic momentum…on a positive trajectory, it’s possible that a soft landing is bypassed altogether in favor of no landing.”
—Alyce Andres, U.S. rates/FX strategist with Bloomberg
What is a “no landing” scenario, and what could it mean for consumers looking to save for the future?
Click on the video link below for exclusive insights on this topic from U.S. Money Reserve’s Coy Wells.
Related headlines from around the web:
- Bloomberg: “Bond Traders Buckle Up for ‘No Landing’ After Jobs Surprise”
- CNBC: “Why a ‘no landing’ scenario may take place after all”
- Reuters: “Gold hits record high as U.S. rate cut bets and election jitters spur demand”
Enhance your portfolio with precious metals today.
Widespread market forces like central bank demand, geopolitical tensions, and monetary policy may continue to drive gold prices higher. Gold has also historically been used as a hedge against economic uncertainty and market turbulence. Now may be the perfect time to add wealth protection to your portfolio in the form of physical gold.
Watch U.S. Money Reserve’s “Market Insider” each week for more economic insights. Nothing herein should be considered as portfolio or retirement advice as U.S. Money Reserve (“USMR”) cannot and does not offer financial advice. Clients should consult a financial advisor for specific advice. This commentary is provided by USMR for informational purposes only and is provided on an “as is” basis without any warranty of any kind, whether express or implied. Your use of the information provided in this commentary is entirely at your own risk. In no event will USMR be held liable for any indirect, special, incidental, or consequential damages arising from the use of information contained in this commentary.
