Equities and inflation: no automatic protection against inflation

When inflation is high, wealth dwindles. Stocks are tangible assets, so they are considered by many to automatically protect against inflation. In practice, however, it is not so easy.

Inflation has also risen in Switzerland, albeit to a lesser extent than in other countries. Walk in front of the Swiss National Bank (SNB) in Zurich.

Stefan Wermuth / Bloomberg

In the euro zone, inflation is expected in April increased to a record 7.5 percent. At 2.5 percent, it was somewhat lower in Switzerland in the same month, but that is also a high value for the country. In order to protect yourself from inflation, many investment experts and asset managers advise buying shares and share products – of course, mostly not without ulterior motives, since they earn money in the process.