Bondholders beware – inflation is coming, says Jeremy Siegel

With vaccines promising an end to lockdowns, inflation won't be far behind, warns Jeremy Siegel, professor of finance at Wharton.

Early last year, inflation seemed the last thing to worry about as the pandemic struck and oil prices fell below zero, writes Jeremy Siegel in the Financial Times. Siegel is best known for his 1994 book Stocks for the Long Run (in which he makes the case that long-term investors should buy and hold shares, rather than try to time the market).

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