Money Flows to Gold, Bitcoin, and Stocks Amid Inflationary Pressures
Investor Luke Gromen predicts a shift in capital from bonds to stocks, gold, and Bitcoin due to rising inflation. Bond Market Weakness Gromen points to the weakness of the iShares 20+ Year Treasury Bond ETF (TLT) against risk assets and inflation hedges. He believes this signals a potential flight from bonds into other investments. Asset…
