Miner Company
How To Navigate Stagflation Fears: Seeking Less Correlated Assets
The S&P 500 remains a Hold, as it trades below its 200-day moving average and still carries a forward P/E above its 5- and 10-year averages. Despite the Trump Put, prolonged conflict and higher oil prices are increasing inflation expectations and the probability of rate hikes this year, which is a headwind for equities.
The S&P 500 remains a Hold, as it trades below its 200-day moving average and still carries a forward P/E above its 5- and 10-year averages. Despite the Trump Put, prolonged conflict and higher oil prices are increasing inflation expectations and the probability of rate hikes this year, which is a headwind for equities.