The gathering stagflationary storm will rattle markets, economies and societies

MarketWatchOpinion/Nouriel Roubini/4-25-2022

satellite photo of back to back hurricanes“Nearly every trend—from deglobalization to decarbonization—will tighten supplies, drive prices higher and slow economic growth, Nouriel Roubini says.”

USAGOLD note: A bleak assessment from Dr. Doom …”The new reality with which many advanced economies and emerging markets must reckon,” he says, “is higher inflation and slowing economic growth.” In light of the gathering stagflationary storm, he has come over to gold’s side in recent months.

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