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Worried About Inflation? Here Are 2 Top Canadian Stocks to Buy Now


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Inflation is a topic that is certainly top of mind for many Canadian investors. It seems like just about everything seems to be costing more today than it did a year ago. Certainly, inflation and the rising cost of goods is a natural part of the economy. The Canadian Consumer Price Index (CPI) has generally grown between 0.5% and 3% annually for the past 10 years.
Too much inflation can shock the stock market
However, any drastic variance could cause a stock market pullback. Just in the month of April 2021, inflation increased year over year by 3.4%. That is compared to only 1% in January 2021. That kind of jump can make investors uneasy. While this statistic alone might be concerning, given the crazy year it has been, it is not completely unusual. ....

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