Reported 8 months ago
Goldman Sachs recommends investing in gold as a hedge against inflation if Donald Trump and Republicans win the 2024 election. The suggestion is based on the belief that some of Trump's proposed policies could exacerbate inflation. Yahoo Finance Senior Columnist Rick Newman discusses the report and advises investors to be mindful during the election season. Goldman Sachs argues that a Trump victory, especially with a Republican Congress, could lead to more inflation, due to policies like higher tariffs and lower interest rates.
Source: YAHOO