Investors can protect portfolios from inflation through multiple asset classes

If inflation stabilizes at target levels and real yields normalize, demand for these hedging strategies would likely moderate, potentially reducing inflows into commodity and infrastructure funds as the urgency of protection diminishes.

Continued elevated inflation without policy intervention would plausibly sustain investor rotation into these asset classes, supporting valuations in commodities and infrastructure equities while TIPS remain competitive on real yield grounds.

A sharp acceleration in inflation could trigger both flight-to-safety demand for TIPS and speculative buying in commodities, though infrastructure funds might face headwinds if rising rates compress valuations faster than pricing power can offset them.