Headline CPI inflation is now back at 5.4%, up from 5.3% in August, according to data released Wednesday.
Ted Oakley, founder and partner of Oxbow Advisors, told David Lin, anchor for Kitco News, that a diversity of hard assets is required to properly hedge against higher consumer prices.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
0:00 – Inflation level
5:13 – Inflation hedge
9:03 – Asset allocation
12:13 – Real interest rates
15:10 – Capital gains tax increase
17:40 – Global growth
22:35 – Stocks
#stocks #inflation #economy
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