Asset Allocation · Investing

A rerun of the 1970s requires a profound rethink

Niall Ferguson addressing the 2022 Amundi World Investment Forum in Paris. Photo: Amundi.
It’s not difficult to compare today’s era to the 1970s. An energy crisis, a hot war, a cold war, persistent inflation, soaring interest rates, rising house prices. Even Abba, with its flared trousers, is performing again, albeit as a hologram. For investors, a rerun of the 1970s would require a profound rethink.
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