, Columnist
Netflix, Inflation and the Impact of Reality
Some longstanding assumptions need to be reassessed as prices rise and pandemic expectations wind down.
A classic long-duration stock, sensitive to changes in interest rates and future growth assumptions.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
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In times of inflation, real rather than nominal values grow far more important. How well has a price or return delivered for you, after taking inflation into account? In markets, it’s real rates that most matter. But how exactly do you measure reality?