πΊπΈ US ECONOMY IS SHOWING SIGNS OF STAGFLATION AGAIN
Today, the jobs report came in, and the US economy lost 23,000 jobs.
On the other hand, inflation is still above 3%, while the Fed's target is 2%.
This is a clear sign of the economy slowing down while inflation is still running hot.
Last time something like that happened, the US stock market went sideways for 20 years.
Today, the jobs report came in, and the US economy lost 23,000 jobs.
On the other hand, inflation is still above 3%, while the Fed's target is 2%.
This is a clear sign of the economy slowing down while inflation is still running hot.
Last time something like that happened, the US stock market went sideways for 20 years.