3 Smart Stocks to Hedge Against Inflation
As far as inflation is concerned, the pandemic may have created the perfect storm. Since March 2020, U.S. lawmakers and the Federal Reserve have injected trillions of dollars into the economy, hoping to avoid a prolonged recession. At the same time, business closures led to bottlenecks in global supply chains, and labor shortages have made the problem worse. Collectively, these variables have created an environment that could drive prices higher across numerous industries.
In this Backstage Pass video, recorded on Oct. 20, Motley Fool contributors Trevor Jennewine, Rachel Warren, and Jason Hall highlight why MercadoLibre (NASDAQ: MELI), Pfizer (NYSE: PFE), and Trex (NYSE: TREX) look like smart investments given the current macroeconomic environment.
Source Fool.com
