Timber Eyed As Hedge Against Rising Prices As Inflation Surges
"Timber, historically, has been positively correlated with inflation fairly directly," said Joe Sanderson of Domain Timber Advisors.
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"Timber, historically, has been positively correlated with inflation fairly directly," said Joe Sanderson of Domain Timber Advisors.
Red-hot inflation data out of the US on Thursday prompted investors to bank on even more aggression action from the Federal Reserve.
El-Erian said the Fed moving quickly on rate decisions will end up in a "lose-lose" situation for the equity market and the economy.
"The Fed clearly needs to start hiking rates. Probably not shock therapy — definitely not shock therapy," Paul Krugman told Bloomberg.
A 20-year Wall Street veteran who worked at Morgan Stanley and Merrill Lynch shares 4 sectors of stocks and one asset he's bullish on amid inflation.