As inflation remains stubbornly high, and volatility in U.S. stocks and bonds persists, one strategist has shared his top ways for investors to protect their income. It comes after consumer prices stateside rose again in August , with the annual consumer price index remaining above 8% for six straight months. Mark Jolley, global strategist at CCB International Securities, said that central banks have more tightening to do and recession is "all but inevitable.
Commodity funds Jolley expects food prices to go even higher in the next 12 months, citing droughts followed by floods in the U.S. recently. That's a bad combination for agricultural output, and high gas prices will contribute to higher fertilizer prices, he added. He said investors could play higher agricultural prices via the Invesco DB Agriculture Fund . Morningstar also picked a commodity fund to battle raging inflation in its recent note: the Pimco Commodity Real Return Strategy Fund .
Source: Financial Digest (financialdigest.net)
Lets go Brandon!
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