Stocks Outperform Bonds and Cash in Decade of Inflation.

Stocks adjusted for inflation were the only major asset class to appreciate in value over the last decade, returning 8%, according to Barclays' 68th Equity Gilt study. Even after a dismal 2022, equities still posted above-average returns. The worst-ever annualized return for US equities adjusted for inflation over a 20-year period was 0.9%, but Barclays cautions that it doesn't mean it's impossible to lose money over such a timeframe. The study also highlights the importance of reinvestment in equities.