Senior citizens’ march to protest inflation, Chicago, Illinois, 1973. Image courtesy John White/US National Archives. (Photo via Smith Collection/Gado/Getty Images).
Photo: Smith Collection/Gado/Getty Images
June 21, 2021 5:40 am ET
If today’s post Covid-19 pandemic inflation proves sticky, will it be like the years before Paul Volcker, or could it be more like the happier growth that followed World War II? These periods hold lessons about how financial markets might perform.
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