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Is This Inflation Fighting Stock A Buy To Protect Your Retirement?
Over the last several weeks I’ve warned you that inflation is coming fast…
And it’s now officially here…
The Consumer Price Index (CPI) – measure of inflation – rose 0.9% from March to April… This is the fastest one month rise in inflation since 1981. And this is without food and energy prices.
With the so called “all items index” inflation rose 4.2% in the last year.
And it was even worse when looking at individual line items.
Vehicle prices rose 10% in April… This is the largest 1 month increase since this data began getting collected in 1953.
The total energy index saw prices rise 25.1% in the last year.