Stagflation

The Feds Have No Faith in Recovery

Michael Pento | Posted 11.05.2009 | Business


Michael Pento

The cyclical bull market in stocks and positive print on GDP has caused some on Wall Street and in D.C. to claim the recession has ended. A closer look indicates that neither believes its own rhetoric.

It's Stag not Hyperinflation--For now

Michael Pento | Posted 05.29.2009 | Home


Michael Pento

In the longer term, the risk of the U.S. suffering through a bout with hyperinflation is very real. However, in the short term what we most likely fac...

Economy Shrinks In 4Q At 3.8 Percent Pace

AP | JEANNINE AVERSA | Posted 03.02.2009 | Business


WASHINGTON — Battered by layoffs, debts and dread of worse to come, shoppers clutched ever tighter to their wallets in the final three months of...

Inflation Prospects

Alan Schram | Posted 12.15.2008 | Business


Alan Schram

In the last few months, we have seen the prices of commodities dropping precipitously. Oil dropped from $150 to $60, Gold dropped from $1,000 an ounc...

McCain: Lock-Step and (Oil) Barrel

Janet Ritz | Posted 06.27.2008 | Green


Janet Ritz

While Obama was in Illinois shoveling sand in bags to hold back the Bush-neglected infrastructure that was crumbling around him McCain was on his way to accept whoops and cheers from oil industry insiders.

Frugal Consumers Swap Steak For Chicken

Reuters | Posted 03.28.2008 | Business


At U.S. warehouse club stores, a growing number of shoppers are giving up steak for cheaper chicken. Coffee sales are soaring at McDonald's, while hig...

Dollar Falls Again, Euro Zone Divided

AP | MATT MOORE | Posted 03.28.2008 | Business


BERLIN — The dollar kept spiraling down Friday, hitting another low against the euro and dropping to a three-year record against the yen, as wor...

Bernanke: "I Don't Anticipate Stagflation"

Washington Post | Neil Irwin | Posted 03.28.2008 | Business


The economy is not close to a 1970s-style mix of stagnant growth and high inflation, Federal Reserve Chairman Ben S. Bernanke said yesterday, but he p...

Paulson: No "Bailouts" For Reckless Lenders

Wall Street Journal | MICHAEL M. PHILLIPS, GREG IP | Posted 03.28.2008 | Business


The Bush administration is hardening its opposition to the chorus of Democrats, bankers, economists and consumer advocates calling for a big-money gov...

Bernanke Doesn't See Return of '70s Woes

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business


WASHINGTON — Federal Reserve Chairman Ben Bernanke told Congress Thursday that the nation isn't "anywhere near" the dangerous stagflation situat...

Euro Soars to Record High $1.5057

AP | MATT MOORE | Posted 03.28.2008 | Business


BERLIN — The euro climbed to a record high of $1.5057 in early European trading on Wednesday as sentiment increased that the U.S. Federal Reserv...

Worries Grow for Worse 'Stagflation'

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business


WASHINGTON — It's a toxic economic mix the nation hasn't seen in three decades: Prices are speeding upward at the fastest pace in a quarter cent...

Is It Deja Vu All Over Again?

Ron Insana | Posted 03.28.2008 | Business


Ron Insana

Because there are many similarities to the 1970s when it comes to the economy, I am going to dub the current economic situation "inCESSION," not "stagflation."

Stagflation Fears Return

Wall Street Journal | Greg Ip | Posted 03.28.2008 | Business


The U.S. faces an unwelcome combination of looming recession and persistent inflation that is reviving angst about stagflation, a condition not seen s...

Is Paper Money Going the Way of the Dinosaur?

Eben Esterhuizen | Posted 03.28.2008 | Business


Eben Esterhuizen

Because "stagflation" sounds a hell off a lot scarier than "recession," you'll probably be hearing a lot about it in the financial media over the coming weeks.

Greenspan Warns Against Stagflation, Calls For More Aid To Homeowners

AP | Kevin Freking | Posted 03.28.2008 | Business


Alan Greenspan, former chairman of the Federal Reserve, suggested Sunday that a tax break or other government financial help for homeowners facing the...