CNBC Pro

Market returns are much worse when inflation is high, Goldman says. Here's how to play it

Share
Adobe Systems signage is displayed outside of the company's office in San Francisco, California, U.S
David Paul Morris | Bloomberg | Getty Images

Inflation could be coming, and if history is any gauge, that might mean lackluster market returns, according to Goldman Sachs.

"The stock market tends to perform better during periods of low inflation than when inflation is high," Goldman's chief U.S. equity strategist, David Kostin, told clients on Monday.

More In Investing trends

CNBC ProWall Street analysts are pounding the table for these unappreciated stocks
CNBC ProThese stocks could be big winners if interest rates continue to fall
CNBC ProPros are changing their portfolios due to the unexpected decline in rates. How they're playing it