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Home | 5 stocks to help you beat inflation |
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5 stocks to help you beat inflation
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- May 30, 2011
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The consumer price index has been rising 3.9% per year of late -- the highest pace in the U.S. since October 2008. Worse, it flared without a push from the labor market, given that the unemployment rate is still 9%. The rising prices have been manageable. The risk is that they will climb even more once jobs reappear. No, we don't envision 1970s-style double-digit inflation; there's just too much downward wage pressure being exerted by cheap overseas labor.
- Read more at:http://rss.cnn.com/~r/rss/money_topstories/~3/Pxs4fI1rKRQ/index.html
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