This Warren Buffett Stock May Protect You From High Inflation
Inflation recently soared to 40-year highs, putting pressure on financial markets around the world. As a result, the Federal Reserve has resorted to aggressive monetary policy to combat rising prices. Combined with additional strain caused by Russia's invasion of Ukraine, stocks have had a gloomy 2022 up to this point. And unfortunately, we probably won't witness a rebound until investors are provided with a fuller picture of our economy's health.
As uncertainty continues to prey on the stock market, here's one stock that may protect you from high inflation. Oh, and it represents almost 8% of the great Warren Buffett's investment portfolio.
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Source Fool.com
