rekinhavoc
Deus Vult
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US Wholesale Inflation Registers Largest Drop Since Pandemic
‘If you are in the stagflation camp, these data aren’t confirming your thesis,’ one market expert said.
"Despite growing fears of stagflation—an economic climate of higher prices, rising unemployment, and slowing growth—these numbers should dissipate worries, according to Jamie Cox, a managing partner for Harris Financial Group.
“If you are in the stagflation camp, these data aren’t confirming your thesis. While growth is slowing, disinflation remains intact,” Cox said