Are equities a good #inflation hedge? History suggests an uncomfortable relationship. DB highlights

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Are equities a good #inflation hedge? History suggests an uncomfortable relationship. DB highlights that over the last 100yrs, US equities have had much higher multiples under low but slightly positive inflation (1-2% the sweet spot), than when below & especially above this. h/t Holger Zschaepitz

Are equities a good #inflation hedge? History suggests an uncomfortable relationship. DB highlights

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