Stagflation

On Wednesday the five-year breakeven inflation rate fell to 2.48 percent. If that doesn’t mean anything to you — which is completely forgivable if you aren’t a professional economy-watcher — try this: The wholesale price of gasoline has…

WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed “Whip…

Placeholder while article actions loadThe global economy may be headed for years of weak growth and rising prices, a toxic combination that will test the stability of dozens of countries still struggling to rebound from the pandemic, the…

Why is Prem Watsa so bullish on India? Why are the big boys of India Inc acquiring drone start-ups? Why are analysts dumping diagnostics stocks for multiplexes? What is stagflation? All…