04-23-2025, 02:10 PM
Latest S+P Global survey:
US business activity moderates in April; firms demand higher prices for their products
(…and by “business activity moderates”, they mean “heads south”.)
Stagflation. The best stagflation. People can’t believe it; they’ve never seen anything like it.
US business activity moderates in April; firms demand higher prices for their products
(…and by “business activity moderates”, they mean “heads south”.)
U.S. business activity slowed to a 16-month low in April and prices charged for goods and services soared amid uncertainty caused by tariffs, reinforcing financial market fears of stagflation that could put the Federal Reserve in a tough spot.
Stagflation. The best stagflation. People can’t believe it; they’ve never seen anything like it.