How Inflation Affects Your Investments

Published by
The Street

By Jennifer Streaks Inflation can hurt Americans in the wallet, but here’s why the stock market, for long-term buy-and-hold investors, is an excellent inflation hedge. U.S. inflation accelerated to the fastest pace in four decades last month, according to the Bureau of Labor Statistics, as surging energy, rent and used car costs add pressure to consumer prices. This cements high inflation as a hallmark of the pandemic recovery and eroding spending power even as wages increase. We are hearing a lot about inflation these days; prices are going up on goods and services, from gas to cars to housin…

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