The "Trumpflation" Trade Could Get Worse Before It Gets Better. History Says These 2 Stocks Are the Place to Hide.
People have long been willing to pay for healthcare despite rising costs, with Medtronic and Eli Lilly offering two different angles on the space.
Overview
Clean energy has been hot for years, but the truth is that the global economy still runs on carbon fuels like oil and natural gas. With the geopolitical conflict in the Middle East still raging, energy prices have remained high. Inflation has been a persistent problem that is likely to linger, if not get worse, before things start improving.
Healthcare is a sector that has historically been resilient to rising prices. Simply put, people are willing to pay to live better lives. So, if you are worried about inflation, you may want to seek shelter in healthcare stocks such as Medtronic (NYSE: MDT) and Eli Lilly (NYSE: LLY). One is a high-yield value play, and the other is more growth-oriented. Here's a primer on each one.
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Originally published at www.fool.com.