Stagflation was a worthwhile concern in 2022.
Since the start of 2023, stagflation has been referenced as a fear tactic used by Doomers to make investors buy their "solution".
It's Marketing 101.
Create panic (aka demand) and then provide a service to solve the issue.
There is zero credibility to the stagflationary narrative and those who are espousing it are losing their credibility by the second.
3.9% unemployment
3.9% wage growth YoY
3.0 real GDP growth YoY
2.3% headline CPI ex-Shelter inflation YoY
You can disagree with me, but that just means that you're in agreement with the people who have been consistently wrong (about everything) for the past 18+ months.
Listen to them (and/or align with them) at your own risk.
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