Time To Search For Value Stocks Instead
0Time To Search For Value Stocks Instead Preamble Back in spring of the year 2000, Bill Clinton pushed for allowing China to join the World Trade Organisation . Since China joined the WTO, there have been both positive and not-so positive consequences for the US. As I proposed in my previous article , the SPDR SP 500 Trust ETF or other SP 500 ETFs may not be the best place to park your cash in such an inflationary environment. This miner has a P/E ratio of less than 15 and has mines that have an expected life measured in decades. Investor takeaway Now that Fed chairman Jerome Powell has retired the word “transitory” in connection to inflation, it is fair to conclude that there may well be an uptick in prices going forward. Under such circumstances, investors would be wise to exit overvalued stocks and place their money to work in investments that are likely to maintain purchasing power in the face of rising prices.