Inflation will hurt both stocks and bonds, so you need to rethink how you'll hedge risks

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

OPINION: The traditional 60/40 portfolio will bring massive losses amid inflation. Here are three options for hedging the fixed-income component.

NEW YORK —Rising inflation in the United States and around the world is forcing investors to assess the likely effects on both “risky” assets and “safe” assets .

During a “risk-on period,” when investors are optimistic, stock prices DJIA, -0.68% GDOW, -0.79% and bond yields TMUBMUSD30Y, 2.245% will rise and bond prices will fall, resulting in a market loss for bonds; and during a risk-off period, when investors are pessimistic, prices and yields will follow an inverse pattern. Similarly, when the economy is booming, stock prices and bond yields tend to rise while bond prices fall, whereas in a recession, the reverse is true.

Inflation hurts equities too More recent examples also show that equities are hurt when bond yields rise in response to higher inflation or the expectation that higher inflation will lead to monetary-policy tightening. Even most of the much-touted tech and growth stocks aren’t immune to an increase in long-term interest rates, because these are “long-duration” assets whose dividends lie further in the future, making them more sensitive to a higher discount factor .

More to the point, if inflation continues to be higher than it was over the past few decades , a 60/40 portfolio would induce massive losses. The task for investors, then, is to figure out another way to hedge the 40% of their portfolio that is in bonds. The second option is to invest in gold GC00, -0.06% and other precious metals whose prices tend to rise when inflation is higher .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

When muslims are in their worst condition and great wars are just around the corner. Allah SWT would send someone as hope for the Muslim ummah. This is Imam Al-Mahdi. The time is today, we must find where he is. Some people are claiming to have found him.

I never knew I would be what I'm today after so much suffering, I saw a post about your platform and I took a step to try if it's going to work, I just want to share your good work and let the world know how great and responsible you are jaalen_kenrick

So will market timing. If you hedge too far against inflation and the market plummets you will be worse of than if you stayed with 60/40.

I'm not worried about Bitcoin , the strongest computer network and monetary technology in the world. I’m actually worried about those who have sold their Btc for fear You all should contact nickidarcfx his tweets and coaching have been really helpful in the space

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

G20 finance leaders to warn of rising inflation, geopolitical risksFinance leaders from the Group of 20 major economies will likely warn on Friday that rising inflation and geopolitical risks could threaten a fragile global recovery, as the crisis in Ukraine and the COVID-19 pandemic's fallout cloud the outlook. Profit MARGINS are increasing which means inflation is bullshit and this time it's just CEO's using 'supply chain' issues to rape the consumer. How about some honest reporting on this Biz
Source: Reuters - 🏆 2. / 97 Read more »

Fed senior officials will soon not be allowed to trade crypto, stocks and bondsThe rules were intended to “support public confidence ... by guarding against even the appearance of any conflict of interest.”
Source: CryptoPanicCom - 🏆 563. / 51 Read more »