Prepare for biggest inflation scare since 1980s warns Jefferies Companies Follow Philip on: Broker highlights some potential winners and losers if prices keep on rising A change from a deflationary era to an inflationary one could be forthcoming says teh broker Investors should be prepared for the biggest inflation scare since the 1980s, according to US broker Jefferies, which has looked at which sectors would fare best if the beast really has returned. Chris Wood, Jefferies’ head of global equity strategy, says the debate now is “how fast and how soon”. A change in investment regime, from a deflationary era to an inflationary one, could be forthcoming, he adds, with how the Fed and other G7 central banks respond to set the tone.