In this week’s episode of his YouTube series State of the Market, Chief Income Strategist Marc Lichtenfeld reveals his three top plays for beating rising inflation.
On Monday, Associate Franchise Publisher Rachel Gearhart discussed how last month, we saw the consumer price index rise to 4.2% – even though the Fed had forecast 1.8% inflation for 2021.
Marc was on top of this trend as early as August of last year, when he investigated the spread on Treasury Inflation-Protected Securities (TIPS) and concluded that the market was bracing itself for rising prices.
The federal government printed more money in June than it did in the first 203 years of this country’s existence… All that money sloshing around is inflationary… The current TIPS spread is 1.73. That is hardly hyperinflation, but it has been steadily rising and is above the average for the year. I expect this trend to continue.
That spread now sits at 2.41.
In August, Marc recommended safeguarding your portfolio using TIPS, gold and Perpetual Dividend Raisers.
In this week’s video, he’ll share three of his favorite dividend payers for combating inflation – absolutely free. They include a metals producer, an energy stock and an exchange-traded fund (ETF) you’ve likely never heard of before…