Investors Seek Refuge in Cash Alternatives as Inflation Persists
October 12, 2023 at 18:48 PM EDT
September’s headline CPI print came out slightly higher than market expectations as inflation remains sticky. Markets slipped in trading Thursday as investor fears regarding rate hikes take further root. In a challenging, uncertain environment, cash alternatives continue to prove popular with investors. Headline CPI rose 3.7% year-over-year and 0.4% month-over-month in September, above analyst expectations [...] The post Investors Seek Refuge in Cash Alternatives as Inflation Persists appeared first on ETF Trends .
