Goldman shows stagflation is bad for stocks, but gives clients a way to combat it
- Date: 11-Oct-2021
- Source: CNBC
- Sector:Financial Markets
- Country:Middle East
Goldman shows stagflation is bad for stocks, but gives clients a way to combat it
The stock market could take a big hit from the brewing pressure of stagflation â the combination of economic stagnation and inflation â and investors could combat it by hiding out in companies with higher pricing power, according to Goldman Sachs.