James Saft is a Reuters columnist. The opinions expressed are his own.
There are signs that China’s stupendous debt-fueled boom is cooling, posing new risks for global growth and markets.
Looking to hedge against a spike in inflation? Equities may not be much help.
Neither, for that matter, will you do all that well over the longer haul with bonds, cash or even commodities, at least on the historical evidence. In short, when it comes to investing, inflation is a real drag.