At the time of the posting, they said I was crazy. It turns out Wildchild did better than the entire Biden team combined.
Recent signs of stickier-than-expected inflation have some Wall Street strategists concerned that investors have become too optimistic about the odds of a soft landing in the US economy.
The prevailing concern is that inflation could enter an era of stagflation, where price increases reaccelerate while economic growth slows. This was most famously seen during the 1970s and 1980s when a swift move down in inflation proved to be a head fake, and the US was left fighting higher prices for more than a decade.
Recent signs of stickier-than-expected inflation have some Wall Street strategists concerned that investors have become too optimistic about the odds of a soft landing in the US economy.
The prevailing concern is that inflation could enter an era of stagflation, where price increases reaccelerate while economic growth slows. This was most famously seen during the 1970s and 1980s when a swift move down in inflation proved to be a head fake, and the US was left fighting higher prices for more than a decade.
