Stocks are the best place for your money if you’re worried about inflation. That’s the opposite of what most investors think. Their knee-jerk reaction is to sell whenever inflation appears to be rearing its ugly head. Just take this past week, for example. Following the stronger-than-expected early-February Labor Department report on employment and wage growth, investors panicked, the stock market plunged, and volatility has returned to the markets.
But stock market history does not support their panic. Read the full story in this Market Watch opinion column by Mark Hulbert.