Denfi schreef: ↑18 mei 2021, 12:43 Voor die reden heb ik vandaag PHAU aangekocht.

"Ideally, an inflation hedge will correlate positively with inflation, including responding to unexpected inflation. It won't be too volatile and it will have a positive, real expected return." Now, the problem is that asset does not exist.

A government inflation protected bond responds to changes in inflation ... nominal bond yield, so non inflation adjusted yields have expected and inflation uncertainty priced in.... Now, the other big issue with inflation protected bonds, [...], is that they're only an obvious hedge against unexpected inflation if the bond matches your investment horizon.... there's still a lot of uncertainty about the short term. ... You could use short dated inflation protected bonds to get around the duration issue, the bond price volatility issue, but they introduce a whole new set of problems.

short-term nominal, not inflation protected bonds, fixed income like bills, and cash. : short-term debt and cash earn interest when they're sitting there.

gold might be an effective inflation hedge if the investment horizon is measured in centuries.
But over more practical investment horizons that humans are planning for, gold is an unreliable inflation hedge at best.

If a country has high inflation, that country stock market tends to, to do poorly, but the same is not been true for international stocks.

Now, the intuitive theory explaining the potential relationship between value and inflation is that growth stocks have expected cashflows further in the future than value stocks do.... There's some weak evidence that value stocks have tended to perform well relative to growth stocks during periods of increasing interest rates

So, building a diversified portfolio, as usual, is probably a good thing, and I think that's probably the best

sintorama schreef: ↑18 mei 2021, 11:02 Tijd om dit topic van onder het stof te halen. ,......

De Tijd schreef: De Europese Centrale Bank haalt voor het eerst in drie jaar haar eigen inflatiedoelstelling.
...
de Europese inflatie kwam in mei met 2 procent op de doelstelling van de Europese Centrale Bank uit, leren data van Eurostat.
...
Exclusief voeding en energie bleef de kerninflatie in mei met 0,9 procent ondermaats.

verbanneling schreef: ↑29 november 2021, 12:36 Kerninflatie stijgt ook maar zit nog rond de 2%. Wat wil zeggen dat de duurdere energie en grondstoffen nog steeds niet doorgerekend zijn in consumptie goederen