1765: Inflation talk transforms into stagflation talk. Veronique de Rugy @Mercatus Center, @veroderugy, @GeorgeMasonU , George Mason University & NRO Online - a podcast by John Batchelor

Photo:  A Bloomberg headline.

https://www.bloomberg.com/news/articles/2021-10-12/stagflation-is-all-anyone-in-markets-wants-to-talk-about-now?sref=5g4GmFHo



     "It’s taken just a few short months for stagflation to go from hobgoblin of cranks to a full-blown Wall Street obsession.

     "Everyone seems worried about it. Bridgewater Associates co-Chief Investment Officer Greg Jensen says spiraling prices that choke off growth are a “real risk” that many portfolios are massively overexposed to. A “fairly strong consensus” of market professionals believe that some kind of stagflation is more likely than not, according to a Deutsche Bank AG survey. And while Goldman Sachs Group Inc. urged investors to buy the dip, strategists said “stagflation” was the most common topic in client conversations."  —Bloomberg

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Inflation talk transforms into stagflation talk. Veronique de Rugy  @Mercatus Center,  @veroderugy, @GeorgeMasonU , George Mason University & NRO Online

Veronique de Rugy, Senior Research Fellow,  @Mercatus Center, George Mason University & NRO Online. @veroderugy,  @GeorgeMasonU, @Mercatus Center,