America’s economy is on a ‘sugar high’ warns Ken Griffin, and investors retreating to gold is one sign of a comedown

via fortune.com

Short excerpt below. Read at the original source.

Citadel’s Ken Griffin cautioned that America’s market rally is being propped up by policies better suited to a recession than a growing economy. Speaking in New York, he said fiscal and monetary policies have created a “sugar high” that masks underlying risks like inflation and dollar weakness. Despite booming equities, Griffin pointed to gold’s record […]

Read at Source