How to beat inflation: Buy what you know — and what you eat | CNN Business

The stock market is a mess right now, but here’s some Wall Street wisdom for these tough times: Eat, drink and be merry. Emphasis on the merry if you’ve been buying food and beverage stocks.

Stodgy consumer staples companies like food and drink makers tend to do well even during economic rough patches and market turmoil. That’s because even if people cut back on discretionary spending like going out to restaurants or streaming video subscriptions, they still have to eat and it’s cheaper to do so at home.

So investors are betting

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