Tag: stagflation

Ray Dalio Says Stagflation Is the ‘Great Cost’ of Fed’s Fight Against Inflation

Billionaire investor Ray Dalio said in a note Tuesday that the Fed’s fight to quell soaring inflation would most likely come at the “great cost” of weakening the U.S. economy and stagflation. Dalio said in his post on LinkedIn that stagflation, which is a combination of sluggish growth and high inflation, is now his base case…


Over 60 Percent of CEOs Expecting Recession, 15 Percent Already in Recession: Survey

A significant majority of CEOs are worried about an upcoming potential recession, while many are also worried about the issue of margin compression, according to the latest survey by business research firm The Conference Board. More than 60 percent of global CEOs are expecting a recession in their primary location of operation within the next…


Fund Managers and Investors Fear That Stagflation Will Shock Markets Within a Year

Global investors and fund managers are increasingly concerned about the potential wave of stagflation expected to hit within the year, according to a recent Bank of America survey. BoA’s latest fund manager survey, conducted on June 14, found that 83 percent of investors surveyed expect a major downturn in economic growth and rising inflation to sweep the markets…


The Big Swindle of 2020–22

News Analysis We live in the midst of the great unraveling, a time so disorienting that it becomes difficult to keep up much less describe and interpret events all around us. We tend rather to be bounced from data point to data point—high prices, learning loss among kids, falling income, increased population, the normalization of…


Ending China Tariffs Will Worsen America’s Economy

Commentary The Biden administration is getting desperate about inflation, a rapidly declining stock market, and an impending recession. They know America’s economic doldrums will hit the Democrats in the 2022 midterm and 2024 presidential elections. It will hit hard, just like it’s hitting American pocketbooks now. We’re paying over $5 a gallon for gas, and…


Ray Dalio Says Stagflation Pain Will Force Central Banks Into a U-Turn on Rate Hikes: Report

Renowned investor Ray Dalio told an Australian newspaper in a recent interview that he thinks central banks across the world will be forced to reverse their current paths of monetary tightening and cut rates in 2024 after their economies suffer from stagflation. Dalio, the billionaire founder of Bridgewater Associates LP, told the Australian Financial Review…


Stagflation Risk Growing, Recession ‘Hard to Avoid,’ World Bank Warns

The global economy faces a mounting risk of stagflation—a toxic combination of high inflation and sluggish growth—and many countries could be choked by recession, the World Bank warned in a new report as it slashed over 1 percent from its 2022 economic growth forecast. The World Bank predicted in its June 7 outlook that the…


Biden Has No Workable Plan for Inflation

The White House has struggled mightily to convince people that it can do something about inflation. Handlers finally decided to go straight to Wall Street with its message. This might have been an even worse idea. The results reveal not one word about the real problem and the supposed solutions are strangely disconnected from any…


The New World of Stagflation

Commentary Later this month, the government will announce second quarter GDP figures. If they are negative, coming after a 1.5 percent decline in the first quarter, it will be official. The recession will enter into the annals of economic history. At the same time, everyone knows about the roaring inflation right now, which official data…


Stagflation-Lite? Risk of Stagflation Grows, Though Unlikely a Repeat of 1970s

Canada is leaning toward a new era of 1970s-style stagflation as the pace of economic growth slows yet inflation remains stubbornly high, economists say. The abnormal mix of rising prices and high joblessness gripped the country 40-odd years ago. Supply shocks sent energy costs soaring, interest rates climbed to devastating heights and unemployment was rampant….