Stagflation — sputtering economic growth coupled with rising inflation. Groovy … okay, not really that groovy. Just what is stagflation and how does it affect the investment world? The Capital Markets Strategy team takes a closer look at this idea and the impact it has, covering things like:
• how current stagflation differs from past stagflation
• employment and wages
• the price of oil as a consumption driver
• interest rates and the U.S. Federal Reserve
• the current inflation model.
Can you dig that?