TheWesternProducer:FarmlandCalledHedgeAgainstStagflation
The
Western
Producer:
Farmland
Called
Hedge
Against
Stagflation
By Ed White
April 15, 2021
Excerpt from article:
Canadian farmland has shot up in value, but a long-time investor thinks it is still undervalued.
As well, the post-pandemic economy might make it seem more attractive than ever.
“If we see stagflation, then farmland will be one of the better performing investments you can be in,” said Stephen Johnston, who operates Veripath Partners from Calgary.
Johnston isn’t certain stagflation is coming, but the recent deluge of government spending during the pandemic has created much excess money in the economy, and if that is combined with weak economic growth, stagflation could occur.
Original article here