As my regular readers know, I am a big fan of infrastructure investments and as the chart below shows, I was right to be a fan for the last 20 years or so. With inflation running high, infrastructure investments are increasingly sold as a way to hedge portfolios against inflation. And here, I must intervene with a word of caution.
Infrastructure as an inflation hedge?
Infrastructure as an inflation hedge?
Infrastructure as an inflation hedge?
As my regular readers know, I am a big fan of infrastructure investments and as the chart below shows, I was right to be a fan for the last 20 years or so. With inflation running high, infrastructure investments are increasingly sold as a way to hedge portfolios against inflation. And here, I must intervene with a word of caution.