As European inflation hits levels not seen since the 1980s, investors are asking if it’s too late to hedge. Consumer prices in the Euro Area continue to climb, rising 8.1%% from a year-ago in May, posing fierce challenges for policy makers trying to contain it without throwing the economy into recession. The dynamics of higher inflation are mostly global in nature. Russian’s invasion of Ukraine has upset global supply chains that are still recovering from the COVID pandemic, and cut the supply of many vital commodities, driving prices sharply higher. These pressures – particularly acute in Europe -- are broadening ... (full story)