Investing amid stagflationary conditions
Investors are familiar with recessions, but a stagflationary backdrop comes with unique challenges where a cash-is-king approach to investments may be less viable
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AN alien landing on earth who sees Top Gun soaring loftily in the box office rankings might be forgiven for thinking it has time-travelled back to the 1980s.
That’s not the only potential double take.
Reading about runaway inflation combined with lacklustre growth, our visitor from outer space might also mistake this looming predicament for that feared S-word from 1970s – stagflation.
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