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By David Randall NEW YORK (Reuters) - With surging oil prices, concerns about the hawkishness of the Federal Reserve and fears of Russian aggression i...
NEW YORK: With surging oil prices, concerns about the hawkishness of the Federal Reserve and fears of Russian aggression in Eastern Europe, the mood on Wall Street feels like a return to the 1970s. Other than bell-bottoms, the only thing missing so far is stagflation, which occurs when an economy experiences rising inflation and slowing growth at the same time.