News from CNBC
Stagflation is upon us, according to Bank of America global investment strategist Michael Hartnett.
The combination of stagnation and inflation is a rare period of low growth and rising prices.
Stagflation has come back on investors’ radar as many fear that the burst in post-pandemic activity could start to slow, while inflation may accelerate to high levels with an ultra-easy monetary policy in place.
During the 1970s, stagflation was first recognized when an oil shock and a depreciation in the dollar led to a simultaneous surge in price pressures and the unemployment rate.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- 小时候可帅了00·2021-09-112008年的全球经济危机是不是大概和这个类似?1Report
- 宝宝金水_·2021-09-11感觉现在的美联储应该有所行动了,要不到后面越来越不好收拾。1Report
- 哎呀呀小伙子·2021-09-11美国式全球经济的扛把子,他出问题全球联动。1Report
- 老夫的少女心_·2021-09-11净说大实话, 我也知道这些东西,讲讲如何应对吧。1Report
- 揭人不揭短·2021-09-11很害怕发生经济危机,那样的话大家都没有好处。1Report