Sentences with phrase «imperfect hedge against»
In brief, I've made the case in the past that stocks provide a useful but imperfect hedge against inflation.
http://www.mindfullyinvesting.com/ Not exact matches
For example, despite the fame of bonds as one of the best hedges against stock movements, as this graph from Ferri shows, the correlation between stocks and bonds is imperfect and has changed substantially over time.
This is the reason I've been using phrases like «decent hedge», «sporadic hedge», or «imperfect hedge», when describing how stocks can hedge against inflation.