The personal consumption expenditures price index, which the Fed looks at as its main indicator, showing the goods and services directly purchased by people, reached 4.1%, the highest level in three years. While the period when inflation due to the Iran war in the world is expected to peak around August-September, it seems to go up from here as well.

What does this mean; forget about rate cuts, the Fed will talk about rate hikes until this issue is resolved and this rate turns its head down again for a few months. The tightening fear generally hit all markets today.
However, looking from the risky investment side, if a general dollar-based inflation wave is to continue in the world, markets may first fall due to Fed fear and then turn to the question "which assets survive inflation?" Because on the other side of the coin, there is this reality: if the purchasing power of money continues to lose, the investor will at some point see that staying in cash is also a risk.
In such periods, story stocks, gold, commodities, real estate, Bitcoin, and generally investment instruments with a real asset story can come to the fore again.