Stocks are not an inflation hedge.
The mainstream will continue to champion stocks during the next round of inflation.
Stocks did rise in the first round of inflation from early to late 1960s. And they did again this time.
But they are cooked if inflation continues.
The… t.co/bZCy6wbgdd pic.twitter.com/TV9LKdhWNO
— Jordan Roy-Byrne CMT, MFTA ⛏⛏ (@TheDailyGold) August 21, 2024
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