2 Stocks to Hedge Against Inflation
As opposed to June, when inflation increased by 9.1%, it eased somewhat in July, rising by 8.5%. Despite the decline, inflation continues to remain relatively high. While a high inflationary environment and the Fed’s hawkish stance to lower the same is painful for the equity market, a few stocks remain unfazed by rising prices, offer safety, and can help beat inflation with ease. For instance, Exxon Mobil (NYSE:XOM) and Medical Properties Trust (NYSE:MPW) can be a perfect hedge against inflation. Let’s see why. Exxon Mobil Inflation means higher energy prices, which is a boon for Exxon Mobil.
2 Stocks to Hedge Against Inflation
As opposed to June, when inflation increased by 9.1%, it eased somewhat in July, rising by 8.5%. Despite the decline, inflation continues to remain relatively high. While a high inflationary environment and the Fed’s hawkish stance to lower the same is painful for the equity market, a few stocks remain unfazed by rising prices, offer safety, and can help beat inflation with ease. For instance, Exxon Mobil (NYSE:XOM) and Medical Properties Trust (NYSE:MPW) can be a perfect hedge against inflation. Let’s see why. Exxon Mobil Inflation means higher energy prices, which is a boon for Exxon Mobil.