Selection of best inflation-hedge ETFs [Video]
|Sentiment is mixed into Thursday’s US GDP report. Nasdaq gains, S&P 500 lags, but investors question where to invest in the rising inflation environment. Some ETFs offer an efficient hedge against inflation. Else, Amazon investors care little about the latest antitrust allegations, as Coinbase jumps 8% after JP Morgan and Goldman issue Buy rating for the company’s stock. Gold nears overbought conditions above the $1900 per oz, as US crude sees little appetite above the $65 per barrel on softer-than-expected drop in US oil inventories last week.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.