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Featuring views and opinions written by market professionals, not staff journalists.reminiscent of the 1970sHowever, there is still no solid evidence to support such a gloomy picture. Macroeconomic indicators have suffered somewhat, but this is not catastrophic.
That is why Jerome Powell said that there is neither"stag" nor"flation" , while inflation soars above 3-4% per year. Theoretically, if the country goes into stagflation, investors will flee equities and turn to fixed-income assets that promise higher yields.and resilience in economic uncertainty. And for equities, it would be prudent to focus on companies with long-term prospects.
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