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There is a risk high inflation becoming entrenched in the economy, which could bring a long-term downside for stocks and bonds, Deutsche Bank warned. ....
"Looking back in the past, it's not until inflation and rates peaked that equities have tended to trough in a bear market," Peter Oppenheimer said. ....
"The Fed is so late, it will probably break something on the way to reducing inflation," Mohamed El-Erian said. He warned of more risks to market stability. ....