Post by Man Group

Stagflation is one of the most feared words in economics, yet true episodes are rarer than many assume - only a handful in the last 150 years by our strictest definition. In the latest edition of The Road Ahead, Henry Neville, Portfolio Manager at Man Group, analysed seven stagflationary periods in the US going back over a century. Some of the findings challenge conventional wisdom: gold's track record is patchier than its reputation suggests, while trend following seems to be the more reliable hedge. Which assets held up, which disappointed, and are today's conditions starting to rhyme with the past? See the key takeaways below. Read the full piece: https://ow.ly/jC5Z50YWBX7

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