First published by Money Metals Exchange here:
https://www.moneymetals.com/podcasts/2021/10/01/higher-prices-permanent-as-fear-trade-develops-002385
As trading kicks off the month of October, many investors are looking for a place to hide. The U.S. stock market got slammed on Thursday to finish out the month and the quarter on a down note. The S&P 500 fell 5% overall in September. Bonds also fared poorly last month as yields rose.
