How to Invest if Stagflation Spikes

Higher oil prices are reviving fears that inflation will rise as growth slows. Analysts have some strategies.
Prices of unleaded gasoline and diesel fuel at a gas station in Arizona on March 18.Photographer: Rebecca Noble/Bloomberg
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There is a rising risk your portfolio gets hit with the worst of both worlds.

Higher oil prices caused by the war in Iran are reviving fears inflation will increase but economic growth will decrease. This could lead to a phenomenon that’s causing fear in markets now.