What Do Above Average and High Inflationary Periods Mean for Equities?
Good afternoon, instead of contemplating how persistent and enduring inflationary pressures in the economy are or aren’t, I thought I’d provide some perspective on what above average and high inflationary periods have meant for equities historically. Separate from the inflation conversation and what it could mean for equities, I think it’s important to level-set expectations for expected returns in traditional…