With the escalation of the conflict in Ukraine, it's no wonder defense stocks rallied on Monday. The surprise was the drop in gold as a supposed inflation hedge. Amidst the madness, money managers are increasingly petitioning for the Fed to pivot as performance suffers. (XLP, XLU, PYPL, HYG, FCX, BX, PMT, XLU, AG)
Markets Begging Feds for a Redo
