An attendee passes in front of John Deere brand tractors displayed during the World Agriculture Expo in Tulare, California, on Tuesday, Feb. 12, 2019.With economists widely expecting inflation to continue to rise in the coming months as we exit the global pandemic, one investment bank is advising its clients to invest in two sectors that it believes will benefit from the reflationary environment.
Peter Garnry, head of equity strategy at Saxo Bank, said in a recent note that while the "classic hedges against higher inflation are gold, inflation-protected government bonds and energy … the equity market also offers interesting alternatives." "There's so much stimulus coming and the tight coordination between fiscal and monetary authorities is definitely playing into the hands of equities at this point in time, until we get to a certain interest rate level when things will begin to change," he told CNBC's "Street Signs Europe" on Monday.
Garnry named a number of stocks that the bank thinks will benefit from reflation — a move higher in growth and prices — which he described as "the most important" market theme of the next 12 to 18 months.
Pro How dare u? We hv no inflation, ask the smart and not selfish guys from the federalreserve
Pro All fans can sit next to each other without mask!!And US not aloud binational couples meet for over 365 days !! Inhuman behavior, shame on you , YOU PROMISE MAKE BETTER DAYS FOR ALL CITIZENS 🇵🇱❤️🇺🇸LiftTheTravelBan LoveIsEssential HumanRights Test4Travel VP POTUS TravelGov
Pro Worthless usd tied to fixed assets like crypto means crypto buys a lot of worthless usd. bitcoin xrp
Pro It will only be worse with the totally not needed 1.9 trillion Democrats give away to try and buy voters
Pro For Everyone: it’s called Bitcoin
Pro How long have they been crying inflation? One of these years they’ll eventually be right.
Pro Inflation is coming..... Bitcoin is the solution Inbox me to understand why