Investing in inflation: 1 key indicator and 3 simple steps to help position your portfolio

The Holy Grail for many investors is the quest to find a perfect indicator, something that consistently provides direction. We may have found one, though not exactly where we expect. 

Enter Federal Reserve Chairman Jerome Powell. In a recent testimony before Congress, Powell suggested that it was time to retire his now famous reference to “transitory” inflation. Having been dead wrong about the strength of inflation throughout the spring and summer and fall – insisting it was transitory despite persistently high and growing levels of inflation, far exceeding the Fed’s own forecast – the Fed chair may in fact enshrine himself as the perfect contrary indicator.

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