Greenspan: Inflation, Yes. Stagflation? Maybe.
Alan Greenspan has some bad news and some sorta bad news for Americans on Friday: Inflation is here and stagflation might be around the corner.
Nyuk Nyuk Nyuk! - Curly of the Three Stooges
When asked about the potential for stagflation, a combination of weak growth and high inflation, Greenspan said, "Oh certainly."
Soitenly! - Curly of the Three Stooges
Greenspan also said, contrary to many the opinion of many, that there isn't a commodities bubble building.
Are you casting asparagus [aspersions] on my cooking? - Curly of the Three Stooges
"Once you get inflation pressure starting to emerge, you don't get bubbles." he said.
I resemble that remark! - Curly of the Three Stooges
Philly Fed: State Coincident Indexes Increased in 44 States in March
(3-Month Basis)
-
From the Philly Fed:
The Federal Reserve Bank of Philadelphia has released the coincident
indexes for the 50 states for March 2024. Over the past three mo...
2 hours ago
No comments:
Post a Comment