Stagflation is Coming!
Stagflation is coming are you prepared?
Michele ‘Mish’ Schneider from MarketGauge talks with Blake Morrow of Traders Summit about how she feels about the current environment following the FOMC decision on March 16th when the Fed raised interest rates by .25%.
Michele expects commodity prices to stay high, and a possible slowdown in the economy. However, there are a couple things that are different this time around as the world experiences this high inflation surge.
Michele also looks at the S&P500 and gold and suggests the markets (stocks) may be in a prolonged trading range.
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