Equity in a sweet spot - Gold against inflation

Equity are still in a sweet spot of low rates and government : +3,46% for SP500 and 6,29% for Pacific Ex-Japan (ETF EPP) since last Friday.

Gold (+5,87% for GLD since last Friday) is picking up as it is seen as a hedge against a potential new inflation trend fueled by reflation [1].

[1] Reflation is the act of stimulating the economy by increasing the money supply or by reducing taxes. It is the opposite of disinflation. It can refer to an economic policy whereby a government uses fiscal or monetary stimulus in order to expand a country's output. This can possibly be achieved by methods that include reducing tax, changing the money supply, or even adjusting interest rates.