March was a good month for most investors.In spite of the conflict between Russia and Ukraine, coupled with the hawkish Fed signal of multiple rate hikes over the coming months, markets have recovered across asset classes. Bond investors, however, are reeling from losses due to yields going up and much of the rebound in equities can be explained by investors pivoting more heavily into stocks which are viewed as more resilient to inflation. This is also an argument for why gold did well this week.
