Published on 20 Nov 2024 on Benzinga
After the U.S. headline and core consumer price inflation rose in October, and the Federal Reserve Chairman suggested that a December rate cut may not be necessary, treasury yields have risen, and inflation concerns have gripped the economy once again.
Gordon Johnson, chief executive officer and founder at GLJ Research in a conversation with Wealthion slammed the Federal Reserve for making policies that benefit the stock market and asset owners in general.