Analysts, economists and other forecasters are no better at predicting inflation than at predicting anything else

They stink at it. As then-chairman of the Federal Reserve Alan Greenspan noted in 1999, estimates of future inflation—including those by the Fed itself—“have been generally off,” and even changes in inflation that were “doggedly forecast” never occurred.

Several tech giants, including Apple Inc., Facebook Inc. (soon to be “Meta”) and Google’s parent Alphabet Inc., are priced at roughly the same multiples of their current earnings as the S&P 500 overall.

You can also add TIPS, or Treasury inflation-protected securities. Even though they aren’t cheap, they still offer protection against unexpected jumps in consumer prices down the road.

WSJ 29 October 2021

https://www.wsj.com/articles/deflating-your-inflation-investing-fears-11635519805



investors added a record $6 billion to Treasury-inflation-protected-securities ETFs in October



Inflation-linked bond funds see their stock rise
Concerns over steeply rising prices are fuelling flows into ETFs that can offer protection




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