Inflation is helping ‘old economy’ stocks’ earnings, says Credit Suisse’s Golub

CNBC Television published this video item, entitled “Inflation is helping ‘old economy’ stocks’ earnings, says Credit Suisse’s Golub” – below is their description.

Jonathan Golub, Credit Suisse chief U.S. equity strategist, joins “TechCheck” to discuss the rise of growth stocks compared to value stocks.

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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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Credit Suisse Group AG is a global wealth manager, investment bank and financial services firm founded and based in Switzerland.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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