Is the Stock Market Going to Protect Me From Inflation?

The real earnings yield on the s an b 500, it's never been more deeply negative than it is to day. That just suggests to me that even inflation adjusted valuations are just off the chart ridiculous. And so i think the only way that that stocks broadly are going to protect you from inflation is if that, if you see the inflation actually materialized into earnings. Currently right now, they're pointing toward a contraction in profit margins which would be a cyclical problem for the stock market.