How to invest for inflationary times – Reuters
How to invest for inflationary times – Reuters
NEW YORK, Feb 2 (Reuters) - Low inflation had spoiled U.S. investors for so long that last year's sudden surge came as a shock.
As those who lived through the late 1970s and early 1980s can attest, inflation can be a "portfolio killer" because it erodes purchasing power.
Inflation revved up to 7% in December compared to the year prior, the highest level in decades.
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