Although the nation’s aggregate level of inflation is currently low, recent government efforts to jumpstart the U.S. economy and stem the credit crisis have fueled expectations of higher inflation among some investors. The following article provides context on the potential for higher levels of future inflation, explains how inflation affects an investor’s portfolio, and identifies certain assets that could allow investors to achieve a compelling “real return”- meaning the actual return after factoring in the rate of inflation.

Risk of Inflation (.pdf)