Setting the Stage for Stagflation?
Let’s look at ‘higher for longer’ fuel prices, the Iran conflict and what I’m cautious right now.
Let’s look at ‘higher for longer’ fuel prices, the Iran conflict and what I’m cautious right now.
The issue now is whether slowing jobs is anti-inflationary or a sign of stagflation.
As the market quickly forgets a significant Treasury buyback, the retail giant offered a concerning economic update.
Input and output price pressures climb in May, while job creation declines. That’s not a good mix.