«
As the business cycle deepens and
inflationary concerns push interest rates higher, cross-asset correlations with commodities decline and the diversification benefits of owning commodities rises with higher rates.»
««Fiscal Policy and the Fed: Stimulus / Response» — our 2018 theme — will be paramount in the months ahead
as the economy navigates newfound turbulence and heightened
inflationary concerns,» says Doug Duncan, chief economist at Fannie Mae.