How to handle an inflation shock — From house-flipper to real-estate mogul — Investing in the space race

Dear Readers,

How prepared would you say you are for a sudden spike in inflation?

If you haven't given it more than a second of thought, you're not alone. After all, the annual inflation rate for the US is sub-1% right now, and it's hovered around 2% for much of the past three years.

As it turns out, clients of Morgan...