FT: "US dollar rises as inflation data revive bets of tighter monetary policy"

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FT: "US dollar rises as inflation data revive bets of tighter monetary policy"

Excerpt from the Financial Times quoting DataTrek Research:

….”Many investors judge stocks to be less affected by inflationary concerns than fixed income-paying debt securities. According to research house DataTrek, during the high inflation period of 1972 to 1980, S&P companies’ profits grew 120 per cent, outpacing an aggregate 110 per cent rise in consumer prices over the same period”….

Read the full article here on the FT!