Fears about stagflation are haunting Wall Street, and helped push stocks to their worst monthly fall since March 2020 in September.
China's Evergrande crisis is worrying markets but it's one of just a whole range of threats that could derail the global economic recovery.
Prices have been on the rise this summer. While no one likes higher bills, most economists believe it's temporary, and they started to slow in July.
"Fear of stagflation will be a major concern," if economies slow on rising COVID cases while consumer prices keep rising, says one strategist.
The NYU Stern professor pointed to the hype around crypto, meme stocks, SPACs, and retail trading as evidence of excessive demand.
Greg Jensen, Bridgewater Associates co-CIO, told CNBC on Tuesday he’s worried that investors are shifting too much of their portfolios into stocks. He said the US fiscal and monetary policy will likely lead to reflation, and investors will have to balance their portfolios with asset classes that can perform in […]
There are several apparent links between the state of the US economy now and in the 1970s, like an oil-supply shock, increased labour activity, and higher gold prices. This has led to worries that the US could fall back into “stagflation,” a period of high inflation and low economic growth. […]
Truck driver pay has increased this year by record jumps. But new bonuses and pay raises still don’t seem to be enough to lure folks into a job where they’re away from home for weeks at a time. According to data from the National Transportation Institute, 85% of 519 surveyed […]
President Donald Trump has taken aim the Federal Reserve’s current path of interest-rate hikes. Trump called the Fed “crazy” and “loco” in interviews. The criticism revived concerns about the US Federal Reserve’s political independence. Presidents have pressured the Fed before, most notably Richard Nixon. Nixon convinced then-Fed Chairman Arthur Burns […]
President Donald Trump is aggressively pursuing protectionist policies. Tariffs cause prices to rise and can stall growth. Analysts are warning that 1970s-like stagflation could be ahead. In a broad effort to rearrange global trade relationships, President Donald Trump has slapped tariffs on some of the US’s biggest business partners. And […]
President Donald Trump has criticised the Federal Reserve’s current path of interest-rate hikes twice in the past two days. The criticism drew concerns about the Federal Reserve’s political independence. Presidents have pressured the Fed before, most notably Richard Nixon. Nixon convinced then-Fed Chairman Arthur Burns to keep interest rates low, […]
Federal Reserve Chair Jerome Powell weighed in on President Donald Trump’s trade policy in an interview released Thursday. Powell said the eventual result of Trump’s tariffs and increased protectionism remains unclear. But he offered support for lower trade barriers in general. Powell also referenced a worst-case scenario in which tariffs […]
Stagflation would make Americans feel poorer...
One of the dirtiest words to come out of the...
In an interview with CNBC, Kyle Bass, founder...
One of the scariest words in economics: stagflation.
By: John Browne Friday, December 21, 2012