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IVOL - April Flowers Have Investors Cheering Wow-Sers!
Quadratic Interest Rate Volatility and Inflation Hedge
For the year, the Dow and S&P 500 index both up double-digit percentages (11%), while the NASDAQ is up a few percentage points less than that (8%).
Monetary and fiscal stimulus are creating fertile ground for the surge in growth as well.
Federal Reserve Chairman Jerome Powell sees any increase in inflation as transitory, but if prices keep rising, the Federal Reserve will be forced to increase interest rates.