Investors who lived through the 1980s may be experiencing a sense of déjà vu—persistently high inflation and strained relations with Russia. Vladimir Putin’s invasion of Ukraine whipsawed stock and energy markets on Thursday. It also provides investors with a rare buying opportunity and chance for a “gut check” of their financial plans.
Many investors were already getting nervous. Rising inflation, the near-certainty of higher interest rates, and the expectation that corporate profits would pull back all pointed to dramatically…