PT  - JOURNAL ARTICLE
AU  - Eugene Podkaminer
AU  - Wylie Tollette
AU  - Laurence Siegel
TI  - Protecting Portfolios Against Inflation
AID  - 10.3905/joi.2021.1.207
DP  - 2022 Mar 31
TA  - The Journal of Investing
PG  - 23--44
VI  - 31
IP  - 3
4099  - https://pm-research.com/content/31/3/23.short
4100  - https://pm-research.com/content/31/3/23.full
AB  - Inflation is a perennial threat to the real value of portfolios, even though current inflation rates are low. To protect portfolios against inflation, cash, inflation-indexed bonds, equities, real estate, and commodities are the usual candidates. We examine each, plus other assets and, importantly, various kinds of liabilities, to examine their historical and prospective responses to expected and unexpected inflation. Our article is integrative, bringing together ideas and data from many different sources in one place.