We believe that as bond returns begin to languish, money will flow from bonds to stocks, which tend to be more resilient in times of inflation.
For the following list of inflation-resilient stocks, we screened for companies in the food, alcoholic beverage, tobacco and pharmaceutical industries with market values of at least $1 billion.
Mr. Sentance argued that inflation had proved resilient in the aftermath of Britain's deep recession, casting doubt on the bank's prediction that spare capacity would be enough to reduce inflation.
The new regime of targeted inflation and floating currencies was resilient, he argued.
Mr. Treichl pointed out that while many in the West were experiencing profound economic crisis for the first time in their lives, Eastern Europeans are more resilient, having lived through communism, dictatorship and 300percentt inflation.
The reasons are clear: favorable demographics, resilient economic institutions, a stable democracy, a vigorous anti-inflation regimen and continued infrastructure improvements.
You have signs that the economy is resilient, and at the same time there are concerns about inflation and about the stock markets".
The economy proved resilient to the world economic crisis; growth declined to 4.5%, and inflation dropped below 6%.
Low inflation may be one reason that consumers have proven so resilient in recent months (in addition to the lift they're getting from rising home prices).
