Zedrohedge has a fantastic post today quoting a UBS study discussing whether or not equities (stocks) are a good hedge against inflation. It's particularly timely as the Fed just launched QE4 yesterday, announcing their plan to buy $500B of Treasuries, continuing to monetize the debt. I highly recommend reading the whole thing including the comments. Many of the comments are excellent and I plan to excerpt the ones I liked the best later. In the meantime, here's the payoff chart for me.
|The UBS analyst thinks that equities are a good hedge in the 2-6% inflation range, with many conditions. Read the whole post to get the full description.|