Upside Gap Openers

[mgland]

Stagflation will be the Fed’s biggest worry

https://www.yahoo.com/finance/m/8f49dec7-8c3c-3c6d-9107-5712587d5499/stagflation-will-be-the-fed%E2%80%99s.html

Peter Morici
Wed, June 22, 2022 at 3:00 AM

The Federal Reserve’s biggest long-term concern should be stagflation—a combination of persistent and unacceptably-high inflation coupled with nonplus growth. As this column has argued, short of a punishing recession Americans will be lucky to see inflation at 4%, never mind the Federal Reserve’s official target of 2%. The war in Ukraine and sanctions on Russia’s aggression have disrupted supply chains.