Stocks hate inflation – here's why
- Written by Richard S. Warr, Professor of Finance, North Carolina State University
Inflation may be a bull market's greatest enemy. AP Photo/Richard Drew
Stock markets have been on a wild ride recently, plunging one day and then soaring the next. Since its peak in late January, the Standard & Poor’s 500 index has declined more than 10 percent, signaling a market “correction” beyond just a temporary blip.
Pund...