A lost decade for bonds means high-quality stocks are best way to protect against inflation, says Morgan Stanley strategist

The worldwide pandemic has started an inflationary boom that will last three decades, which means investors should turn to high-quality stocks rather than bonds for inflation protection, according to Morgan Stanley’s chief U.S. equity strategist.

Key takeaways

Quick scan — what you need to know:

• The worldwide pandemic has started an inflationary boom that will last three decades, which means investors should turn to high-quality stocks rather than bonds for inflation protection, according…
• equity strategist.

Background

What led here, in plain terms:

• Morgan Stanley’s chief U.S. equity strategist. The worldwide pandemic has started an inflationary boom that will last three decades, which means investors should turn to high-quality stocks rather than bonds for…
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• The worldwide pandemic has started an inflationary boom that will last three decades, which means investors should turn to high-quality stocks rather than bonds for inflation protection, according…
• equity strategist.