Nvidia Rivals Gold as Shield Against Inflation, Survey Shows
The yen has lost its haven currency status
Jensen Huang, co-founder and chief executive officer of Nvidia Corp.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
The biggest US tech stocks are not only a bet on innovation but also a possible hedge against inflation, according to some respondents in the latest Bloomberg Markets Live Pulse survey.
Gold, the haven of choice for decades, is still seen as the best safeguard against the risk of rising prices, according to 46% of survey participants. But nearly a third said the tech behemoths are their first pick for the role.