Recent Insights
Archives
Test

Month: May 2024


© DNY59 Link License
  • Iron Capital Perspectives
  • May 2, 2024
  • Chuck Osborne

Stagflation?

“I don’t see the stag or the flation.” ~ Fed Chair Jerome Powell, May 1, 2024

The initial reading for first quarter 2024 GDP came in at 1.6 percent growth, lower than expected and much lower than fourth quarter 2023. Inflation readings have come in above expectations, leading a few pundits lately to claim that we are heading for “stagflation.” Are we?