Other asset classes exist as inflation hedges but I'm currently looking at stocks specifically. I know consumer-packaged good companies such as ProcterGamble and Unilever haven't seen extraordinary gains as tech stocks but they have had steady performance historically and fared the pandemic well.
Looking at PG's performance during the Stagflation 70's it looks like they didn't do too shabby either. My thesis is that even in an inflation scenario CPGs are still essential goods; maybe these companies may cut dividends but dividends wouldn't be my main focus if I was investing in these companies.
At the same time these companies aren't immune to a correction either. Does anyone have an alternative take or something that I didn't consider yet?
Submitted July 17, 2021 at 11:18PM by bigchungusmode96 https://ift.tt/3Bhd2Qs
