June 9, 2022・Original Analysis
We Are Hurtling Toward Stagflation
There are a number of signals that the US economy is getting weaker even as inflation gets stronger. In other words, we are hurtling toward stagflation.
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There are a number of signals that the US economy is getting weaker even as inflation gets stronger. In other words, we are hurtling toward stagflation.
Retail sales have spiked over the last few months. You would think that would be great news for retailers, right? Not so fast.