Inflation is an unavoidable consequence of a market-based economy. In the best case, inflation is fueled by rising consumer demand, which itself is triggered by rising wages. That's why the Federal Reserve sets a target rate of 2% inflation. The theory is a little inflation can be helpful to an economy.
But for most Americans, inflation has become a little like that annoying dinner guest who has overstayed their welcome. They don't want it to go away angry; they just want it to go away.
Many analysts will tell you that inflation has been lower since reaching 40-year highs in 2022. But this is a case where precise language matters.
You see, the Federal Reserve's 2% target rate is measuring the rate of inflation. That means the Fed wants inflation. Just not too much.
So when you hear that the inflation rate is around 3%, prices are going up at a faster rate than the Federal Reserve would prefer. That's tough for consumers and for corporate profits.
But as investors, you know that some stocks do very well in times of inflation. That's the focus of this special presentation. We've identified seven stocks from companies that make products consumers can't do without.
Click the "Continue to Slide #1" button to view the first company.
