Credit Suisse recommends investing in these stocks when inflation falls
Investors looking for company stocks that could benefit from falling inflation should look no further than a list of such stocks from Credit Suisse. The December CPI report, released on Thursday, showed that inflation fell 0.1% in December but was 6.5% higher than a year earlier, economists had expected. The hope is that inflation will cool further as the Federal Reserve’s aggressive rate hikes weave their way through the economy. If the price slowly rises, the central bank can scale back the rate hikes and will eventually start cutting rates, which is a big advantage for stocks. Break evens signal that inflation should hit 1.7% over the next 12 months – well below the Fed’s 2% mandate, Credit Suisse’s Jonathan Golub wrote in a note on Wednesday. Additionally, disinflationary trends are playing out across the world, which bodes well for the US in the coming months. According to Credit Suisse, this should give some stocks a boost going forward. To compile a list of stocks that will rise as inflation falls, the bank has identified the top three names in each sector that will benefit most from two-year breakevens. The beneficiaries of falling inflation listed below have outperformed in 2022, a trend Golub expects to continue in 2023. – CNBC’s Michael Bloom contributed to the coverage.
https://www.cnbc.com/2023/01/12/credit-suisse-says-bet-on-these-stocks-when-inflation-is-falling.html Credit Suisse recommends investing in these stocks when inflation falls
