MarketsInsider/Jennifer Sor/11-13-2022
“That ‘sticky’ inflation has sparked fears of stagflation, a dreaded scenario where high inflation gets entrenched into expectations, slamming the economy with a whirlwind of slow growth, high unemployment (and yes, high prices).”
USAGOLD note: Forecasts of impending (or already present) stagflation from five financial heavyweights – Deutsche Bank’s Henry Allen, Allianz’s Mohamed El-Erian, NYU Stern’s Nouriel Roubini, John Hopkins’ Steve Hanke, and Bank of America’s Michael Hartnett……
