Morningstar Reveals 2 Key History Lessons To Protect Your Portfolio Against Inflation
It’s no secret at this point — inflation continues to be a big issue for American consumers. The inflation rate year-over-year for March 2023 was 5% — and this is actually a bit of a dip, with inflation rates for the previous year going as high as 9.1%. This is understandably difficult for many people, as their wages may not be going up, meaning their purchasing power is going down. Many also have concerns about how inflation will impact the market, and by proxy their portfolios. New analysis from Morningstar looks at exactly how inflation will impact Americans’ portfolios, looking at two key ...