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Mr Copper–u r right=more signs of the 1970s

Posted by Richard640 @ 10:34 on March 1, 2018  

Stagflation Red Flags Fly As Orders/Output Slow, Prices Spike

Following weak EU and Asian (and Canada) PMIs, US also disappointed with Markit Manufacturing dropping to 55.3 in February flashing signs of stagflation (prices rising at 4 yr highs as output growth slows). While ISM showed the same stagflationary signs, the headline soared to its highest since May 2004.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.