Jordan Roy-Byrne: Stocks are not an inflation hedge

Sharing is Caring!

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… https://t.co/bZCy6wbgdd pic.twitter.com/TV9LKdhWNO

— Jordan Roy-Byrne CMT, MFTA ⛏⛏ (@TheDailyGold) August 21, 2024

See also S&P 500 hit record highs four times this week despite more declining stocks. Since 1928, this is the first time that's ever happened.

See also Eastern European Country's Loading Up on Gold to Hedge Against Geopolitical and Financial Chaos