In the News: Fox Business

In an exclusive Fox Business "Money Talks" interview, portfolio manager Axel Merk cautions the Fed may dismiss inflation concerns, focusing on unemployment instead

"…Non-farm payrolls, together with labor participation rates will be the most important economic numbers to watch in the foreseeable future. That's because the Federal Reserve is moving away from focusing on inflation, and focusing on employment instead[…]Obama might appoint the first woman to the post [Fed Chair], the über-dovish Janet Yellen, who believes lowering unemployment is the paramount job of the Fed. As such, expect inflation to rise, and the dollar to resume its long-term decline…"