A hedge fund manager beating the S&P 500 through April warns stocks could ‘easily’ drop 20-30% as inflation and interest rates stay elevated — and shares 5 economically resilient picks he’s betting

• Hedge-fund manager Lukasz Tomicki warns inflation risks are not being taken seriously enough.
• Despite high inflation and interest rates, stocks have rallied significantly this year.
• Tomicki is investing in defensive stocks like Chemed and RLI to mitigate economic swings.

Hedge fund manager Lukasz Tomicki doesn’t think investors are taking inflation risks seriously enough.