The term has recently become a hot topic again among economists and analysts, and it’s not something to look forward to.
Since 1960, the Standard & Poor’s 500 Index of large U.S.
With the consumer price index rising 7.5% over the past 12 months, the highest inflation since 1982, analysts are already worried, and recent tensions in Eastern Europe make things even more dicey.
“Stagflation is a reality,” said Bob Iaccino, chief strategist at Path Trading Partners and co-portfolio manager at Stock Think Tank.
He predicts high demand for Treasury bonds, U.S.
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