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

Morgan Stanley strategist, Andrew Slimmon, suggests that the bond market faces a 'lost decade' marked by persistent low returns, advocating high-quality stocks as the premier inflation hedge. This perspective is significant for investors navigating rising interest rates and inflationary pressures, as it shifts focus from traditional fixed-income strategies to equities for protection and growth. Investors should watch for sector rotations and earnings resilience in high-quality firms amid this environment.