Rising inflation has continued to weigh on the stock market, but fund manager Brian Arcese thinks these stocks could serve as a good hedge.
Real returns are being eroded as inflation soars — but fund manager Brian Arcese has a number of stock picks he thinks are effective inflation hedges. U.S. inflation rose again in April , with the consumer price index increasing 8.3% from a year ago -- higher than expected, but a slight ease from March's peak. Meanwhile, the Federal Reserve's preferred inflation gauge rose 4.9% in April from a year ago, a slower pace than March's 5.
A dump truck unloads ore into a crusher in the underground area at Freeport McMoRan's Grasberg copper and gold mining complex in Papua province, Indonesia.Real returns are being eroded as inflation soars — but fund manager Brian Arcese has a number of stock picks he thinks are effective inflation hedges.
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