Stagflation: Have the central banks scheduled a rerun of That 70s Show?
2022 is beginning to look a lot like the 1970s. Raging oil prices, hawkish central banks and the mood on the Street point to stagflation, which occurs when an economy experiences rising inflation, slowing growth and increased unemployment at the same time. A recent fund manager survey by the Bank of America sees stagflation expectation … Read more