Wealth Matters: Inflation or stagflation? That's now the question
Wealth Matters: Inflation or stagflation? That’s now the question Mark Sievers: Wealth Matters We face news daily about shortages, whether of employees or materials. In the same day, we hear about inflation and spectacular growth. How can this be? The constraint on global growth this year has included the supply of vaccines to the supply of nearly everything else. Raw materials, intermediate goods including semiconductors, and even labor seem to be in short supply. This environment risks a stall in output, earnings and job growth while pushing prices higher. Commodity prices are soaring at ...