Tuesday, February 20, 2018

Pimco Fund Hedges Inflation With Commodities and TIPS

January 11, 2010 by  
Filed under Inflation Hedge Strategies

Mihir P. Worah, Manager of the Pimco Commodity Real Return Strategy fund PCRDX; explained that:

“Commodities protect you from a different kind inflation than TIPS do.Commodities reflect prices at the wholesale level — things like crude oil, copper and wheat.” TIPS, he noted, are indexed to the Consumer Price Index “and reflect prices of things like bread, cars and airline tickets.”

BofA Merrill Lynch 2010 Inflation Mild but Gold at 1,500

January 5, 2010 by  
Filed under Smart Money Says

On Dec 14, 2009 BofA Merrill Lynch Global Research projected low inflation, but still expects the price of gold and other commodities to rise substantially

Morgan Stanley Not Worried About Inflation in 2010

January 4, 2010 by  
Filed under Inflation or Deflation

In their Stategy: Euroletter, November 30, 2009; Morgan Stanley’s research team (led by Teun Draaisma) predicts that inflation will not be a problem in 2010.

Gold Inflation Hedge Maybe Not

January 3, 2010 by  
Filed under Inflation Hedge Strategies

Harvard Professor Martin Feldstein doesn’t think that gold is a good hedge against inflation, and he doesn’t think it’s a good hedge against a declining dollar.