2min chapter

Money For the Rest of Us cover image

Is Stagflation Coming?

Money For the Rest of Us

CHAPTER

What Are Leading Economic Indicators Doing?

Central bankers hate stag flation. It's the worst of both worlds because their mandate is to keep inflation in check, but also keep workers employed. And if you have stagflation and rising employment, it can be incredibly challenging. So we need to look to see if the yield curve continues to flatten. The other thing we can look for is what are leading economic indicators showing? Business surveys known as purchasing manager indicy survey - something that we monitor on money for the rest of us. Plus just to look tosee what business expectations we look at the most recent data, businesses before the invasion were still very positive. Most countries were in expansion territory,. where business was good and improving as

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