Stagflation

For nearly three years, we've been discussing stagflation as the ultimate outcome of Covid and the economic/monetary reaction to it. The reality of this forecast becomes more clear with time as the U.S. inexorably drifts toward recession with lingering inflation.

Today brought the first guess at Q1 GDP and, though many Bank "economists" were forecasting a number well in excess of +2.0%, the official guess actually came in at just +1.1%.

...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

22 Comments on Stagflation

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 5/28

5/28 9:00 ET Case-Shiller home prices
5/28 10:00 ET Goon Kash-n-kari
5/28 10:00 ET Consumer Confidence
5/28 1:00 ET Goons Cook and Daly
5/29 1:45 ET Goon Williams
5/29 2:00 ET Beige Book
5/30 8:30 ET Jobless claims
5/30 8:30 ET Q1 GDP 2nd guess
5/30 8:30 ET Wholesale inventories
5/30 10:00 ET Pending home sales
5/30 12:00 ET Goon Williams again
5/31 8:30 ET PCE and Core PCE
5/31 8:30 ET Personal Inc and Spend
5/31 9:45 ET Chicago PMI

Forum Discussion

by Patriot Family, May 25, 2024 - 5:46am
by Titus Andronicus, May 17, 2024 - 3:54pm
by erewenguy, May 17, 2024 - 1:37pm
by AccidentalTourist, Apr 6, 2024 - 4:01am
randomness