A lost decade for bonds means high-quality stocks are the best way to protect against inflation, says Morgan Stanley strategist

The worldwide pandemic has started an inflationary boom that will last three decades, which means investors should turn to high-quality stocks rather than bonds for inflation protection, according to Morgan Stanley’s chief U.S. equity strategist.

​The worldwide pandemic has started an inflationary boom that will last three decades, which means investors should turn to high-quality stocks rather than bonds for inflation protection, according to Morgan Stanley’s chief U.S. equity strategist.