Land prices and stock prices - inflation and deflation]
Land prices and stock prices - inflation and deflation - investment of secret ~
That the stock is inflation hedge think that you can see. However, it does not necessarily always be to hedge against inflation. It strains you it is necessary to condition that is to serve as a hedge against inflation. It is a condition that restricted to moderate inflation. The runaway inflation is the stock price can not cope. (Showa) year of the next oil shock, in (Showa) year of the next oil shock, prices oil prices rose several times in the short-term has soared. Until then in the rise of crude oil price was cheaper, in the long term to come out a new constraint that oil prices on economic growth, the economic growth rate slowed down. In the short term, corporate profits from the sharp rise in raw material prices has been squeezed. Immediately after the next oil shock and the next oil shock the stock market and anaerobic the surge in the prices celebrated the adjustment phase. Is there a characteristic that hate the rapid inflation in stock prices.