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Stagflation - every economist's nightmare
"Stagflation is really a nasty word," said Victor Pugliese, with Broadpoint Securities in San Francisco. "The last time we had it, we had a terrible market."
US stocks tracked sideways through the 1970s as the nation grappled with oil shocks in 1973 and 1979.
Hotels: Occupancy Rate Decreased 1.0% Year-over-year
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Hotel occupancy was weak over the summer months, due to less international
tourism. The fall months are mostly domestic travel and occupancy is still
unde...
3 hours ago
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