Wall Street’s Stagflation Specter: Slow Growth Meets Rising Costs

(Analysis) As 2024 unfolds, Wall Street confronts significant challenges from a major economic slowdown and persistent inflation, which undermines investor confidence. Additionally, recent data reveal a downturn in the U.S. economy— the world’s largest—alongside rising inflationary pressures, escalating fears of “stagflation.” Stagflation is dreaded because it merges sluggish economic expansion with elevated inflation rates, resulting […]