We Called Stagflation a Month Ago – The Idea Seems to be Catching on Now
Preparing for Recession/Stagflation: In November, we prepared subscribers for coming inflation and noted that the current CPI number was not accurate. We wrote: “Those huge increases in energy, housing, and food prices indicate that the relatively benign CPI number is underestimating the issue.” In February, we openly said that the recent GDP number of 6.9 … Read more
