Stagflation: The Worse For Us, The Better For Gold

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ValueWalk

Stagflation is coming – and it could make the 1970s look like a walk in the park. Reasons? Inflation and the Fed’s tightening cycle. The history is clear: whenever inflation has been above 5%, the Fed’s hikes in interest rates have always resulted in an economic downturn. The key yield curve has recently inverted, which means that the most reliable recessionary indicator has started to flash red light. Q3 2022 hedge fund letters, conferences and more Although the coming recession could decrease the rate of inflation more than I assume, given the slowdown in money supply growth, I believe that …

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