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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.
U.S. Demographics: Largest 5-year cohorts, and Ten most Common Ages in 2024
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Eleven years ago, I wrote: Census Bureau: Largest 5-year Population Cohort
is now the "20 to 24" Age Group. Those people are now in the 30 to 34
cohort.
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50 minutes ago
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