Inflation does not discriminate. Just like it’s squeezing everybody’s wallet, it’s hitting almost every investment in a retirement account. Stocks have been shaky this year, with the S&P 500 at one point dropping more than 10 percent from its record, mostly because of inflation worries. Bond prices have also tumbled. Before gold’s recent spurt due to Russia’s invasion of Ukraine, the metal with a reputation as an inflation protector was coming off its worst year in the last six, even though inflation surged to the highest level in generations. The reality is that no perfect playbook exists for how to invest in a high-inflation world. But many on Wall Street do see areas of the market that could hold up better than others, if not outright succeed. It marks a turnaround for investors, who got used to years of low inflation that didn’t dent their earnings very much, said Gargi …