Pro Perspectives 2/24/21

February 24, 2021

Keeping with the inflation theme we've been discussing, let's take a look at "hard assets."  This is the best performer, historically, in times of high inflation.

We've talked quite a bit about commodities.  Let's take a look at other physical, tangible assets that are on the move.

Here's a look at real estate/housing …

Keeping with the inflation theme we've been discussing, let's take a look at "hard assets."  This is the best performer, historically, in times of high inflation.

We've talked quite a bit about commodities.  Let's take a look at other physical, tangible assets that are on the move.

Here's a look at real estate/housing …
 

As you can see in the far right of the chart, the slope of the rise in prices has increased since the initial policy response to the pandemic.  The index had it's largest monthly increase (in January) since 2007.  

There are a few vintage watch indicies.  Here's a look at a tracking of used Rolex watches …

This index (from Japan) is up over 20% since June of last year.