What to know about Wall Street's hottest trade, designed to guard against global economic chaos

Business

If there's a phrase of the day on Wall Street right now, it's " debasement ," says Sarah Beaton, director of investment strategy at Madera Wealth Management. "Everyone's talking about it," she told Business Insider. "That's the boogeyman right now." So, what is it? Essentially, investors are worried about the debasement of fiat currencies and sovereign debt assets as government spending and debt levels continue to rise. In simpler terms, they're concerned that the value of money and bonds will

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