Not your father's stagflation threat

Stagflation worries are rising. A recent analysis of search activity shows that searches for stagflation have spiked compared to other inflation search terms.

The latest BoA Global Fund Manager Survey also shows that stagflation concerns are rising.

These fears are misplaced. The conventional mechanisms for stagflation are not present. Instead, investors should be prepared for a different sort of stagflation threat.
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