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Bond yields rising. US Employment data strong, Share market...

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NavyDiver

4,266 Posts.

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01/05/24

08:52

Post #: 73598823
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Originally posted by alonso: ↑

"It’s not so much that we risk stagflation as we’re already there,” E.J. Antoni, a research fellow at the Heritage Foundation’s Grover M. Hermann Center for the Federal Budget, told the DCNF. “We have basically pulled forward trillions of dollars of economic growth by borrowing from the future, but that must be repaid at some point. And it is highly inefficient as well.”
Stagflation is a unique economic phenomenon that involves slow growth, high unemployment, and elevated inflation and is particularly difficult to address as solutions for one issue can exacerbate the others, according to Investopedia. The most notable example of stagflation occurred in the 1970’s, after an oil crisis.The U.S. national debt climbed above $34 trillion for the first time at the start of 2024 and currently sits at nearly $34.6 trillion, according to the Treasury Department."

https://dailycallernewsfoundation.org/2024/04/28/mounting-evidence-is-pointing-to-a-nightmare-scenario-for-the-us-economy/

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Bond yields rising. US Employment data strong, Share market Volatility plus Ditto for commodity pricing. Bubbles plus in Australian property (My thoughts only perhaps)

Inflation is sticky. Coco, Gold, Uranium record highs. The cost of a coffee is an indicator?

Indonesia rate rise last week is not exceptional perhaps? Reserve Banks are not rushing to lower rates. US Fed View will be hawkish I think.

Last edited by NavyDiver: 01/05/24
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