Glenview's Stone says that equities are the best tool to combat inflation

Money Life with Chuck Jaffe

Bill Stone, chief investment officer at Glenview Trust, says that investors' only real chance to outrun inflation in these markets is with risk assets like stocks, though he says that investors are going to want to tilt to companies with pricing power to withstand inflation. Stone says that investors will still want to keep an allocation to bonds as a safe haven to help them through short-term volatility, but he says investors needing income must be aware of interest-rate and inflation risks even in looking for parking places for cash. Also on the show, Tom Lydon of ETFTrends.com makes one of the hottest funds in 2021 -- a niche fund trading in carbon emissions futures -- his 'ETF of the Week,' and author Casey Michel discusses his new book, 'American Kleptocracy: How the U.S. Created the World's Greatest Money Laundering Scheme in History.'