Re: Oil-Best Inflation Hedge?
JPM makes the case today that “Commodities returns, energy in particular, are strongly positively correlated with US CPI, making the asset class one of the preferred options for hedging inflation.”
From JP Morgan:
“Energy outperforms other sectors when US headline CPI is above 2% and rising. However, on a volatility-adjusted basis, returns from energy are largely comparable to the broader BCOM.”
“Taking into account…
