What assets do best in inflation? History holds answer, adviser says

• We often look to the 1970s for lessons on inflation, when the annual rates topped 10% four times.
• Here’s a look at how stocks, bonds and other assets performed and some lessons we can glean today.

Inflation is making these nervous times for anyone who invests in stocks and bonds. But there’s no need to lose your cool.

With the rate of inflation having risen to 7.5%, highest in 40 years, is it best to stay the course or to bail out in search of higher returns with other investments?