This weekend we featured
One chart that jumped out at us, showed the performance of
This chart acts as a reminder that inflation is good for stocks because everyone anticipates that corporate revenue will grow at the same pace as inflation.
Notice when inflation is low and rising — an inflation environment that has occurred seven times since 1972 — stocks have seen returns rise 20 percent. And in a high and falling inflation environment, that has occurred six times since 1972, stocks have returned 23 percent.