BBG: Don’t you dare say stagflation; safeguards are slipping

Sourced from BLOOMBERG:
Welcome to The Weekly Fix, the newsletter that’s been known to get fast and loose with its covenants. I’m cross-asset reporter Katie Greifeld.
Don’t Even Say It
A somewhat taboo phrase has started to creep into the market narrative. Inflation expectations are sky-high, and the data are starting to deliver. Meanwhile, ‘peak growth’ warnings are starting to ring, and have only grown louder after last week’s shockingly large U.S. payrolls miss. …

The post BBG: Don’t you dare say stagflation; safeguards are slipping appeared first on The Loadstar.

Source: The Loadstar

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