Inflation took the world by storm this year. Supply bottlenecks, labor shortages and helicopter money from the government delivered the highest consumer price index (CPI) reading in nearly 40 years. November’s red-hot 6.8% print for the CPI is officially the most significant year-over-year jump in prices since 1982.
Thus far, Wall Street is taking the sharp rise in stride. While some areas (such as growth stocks) are suffering from the specter of higher interest rates, others, like metal stocks, are loving it.
Check out these three metal stocks
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