Data return asset dan sektor saat era inflasi tinggi dan suku bunga tinggi di tahun 70an

 

Data return asset dan sektor saat era inflasi tinggi dan suku bunga tinggi di tahun 70an. Source : BofA

Higher inflation & interest rates mean real assets outperform financial assets (Chart 4); as in 1970s important to note strong nominal economic growth not a disaster for financial assets (e.g. stocks annualized decent 8% return in 1970s – Chart 5), just that high nominal returns mostly accounted for by inflation.