Despite seven consecutive 8%-plus annual headline inflation readings, financial markets are being complacent about the growing risk that the U.S. may be entering a prolonged 1970’s-style era of slower growth Read more
Tag: 8plus
`Peak inflation will have to wait’: Traders see three more 8%-plus CPI readings despite falling gas prices
“Staggering.” “Ugly.” “Brutal.” And …. “out-of-date.” Those are some of the words that investors, analysts — and even President Joe Biden — used to sum up the June consumer price Read more