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Wall Street banks think these global stocks will benefit if stagflation takes hold

A street sign for Wall Street is seen in the financial district in New York, November 8, 2021.
Brendan McDermid | Reuters

Wall Street analysts believe the global economy is on the cusp of stagflation — and some think it's already arrived. Despite this, Bank of America and Jefferies think certain stocks could benefit from the phenomenon. Here are their top picks in Europe.

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