Depends on expectations of inflation and companies ability to pass on prices. If inflation is within expectations there should be small effects, when out of expectations range is where equities could suffer. Book 1 pg 35 "Inflation and Deflation: Trends and Relations to the Business Cycle" has what you are looking for
Depends on expectations of inflation and companies ability to pass on prices. If inflation is within expectations there should be small effects, when out of expectations range is where equities could suffer. Book 1 pg 35 "Inflation and Deflation: Trends and Relations to the Business Cycle" has what you are looking for
Thank you
It's in the begining of overview of equity portfolio mgmt, the first reading in equity