
Two overlooked assets beat inflation in 1970s-style stagflation, data show
MarketWatch highlights that during the 1973–1982 stagflation era, US small-cap stocks outpaced inflation by about 5.9% annually and housing by about 5.5% annually, while gold underperformed as an inflation hedge over that span, suggesting small-caps and housing are the two overlooked defenses against stagflation.

