Seeking Alpha maintains buy rating for SPY amid rising inflation
Crypto Briefing
Seeking Alpha retains a buy rating for the SPY ETF despite core inflation exceeding April 2026 expectations at 3.8%.Summary
Seeking Alpha has maintained a 'Buy' rating on the SPDR S&P 500 ETF Trust (SPY) despite April 2026 core inflation figures reaching 3.8%, surpassing the 3.5% forecast. The article highlights SPY’s historical resilience, noting an 8% annual return during similar inflationary periods since 2010.
While SPY shares rose 1.2% following the report, investors are weighing alternatives. Bitcoin has seen a 12% price surge, potentially serving as a hedge against currency devaluation. Experts suggest that if inflation remains above 3%, institutional investors may shift 15-20% of their equity allocations toward digital assets, despite the volatility risks associated with potential Federal Reserve interest rate hikes.
(Source：Crypto Briefing)