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[deleted] t1_j2w3mfo wrote

Reply to comment by IntriguingKnight in 2022 Asset Return [OC] by rosetechnology

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Wise_Mongoose_3930 t1_j2wlz4o wrote

Those stocks are up because the companies are posting record profits, not because they’re a hedge against inflation.

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[deleted] t1_j2wnown wrote

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Wise_Mongoose_3930 t1_j2wvdtq wrote

The real question is “do you think energy stocks always go up during periods of high inflation” and I think the answer is no. Energy prices go up due to inflation, but in theory, so should the cost to extract/refine.

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