Is Stagflation a Serious Market Risk?
Stagflation: that ghoul from the era of shag carpet and disco balls.
It's something that hasn't been seriously discussed in economics circles since the late 1970s. But today, with inflation pushing multidecade highs and company after company reporting that results might end up being disappointing over the next several quarters due to rising labor and materials costs, stagflation is a real topic of concern again.
The question is: Should it be?
What Exactly Is Stagflation?
First things first: Stagflation is the
