Stagflation Is Back
Agree Realty(ADC) Seeking Alpha·2024-04-28 21:00
Predrag Vuckovic Real Estate Weekly Outlook U.S. equity markets rebounded this week from their worst weekly decline in a year despite a continued uplift in benchmark interest rates, as a solid start to corporate earnings season counteracted disappointing economic data. Ahead of the Fed's policy meeting in the week ahead, markets were confounded - albeit temporarily - by a "jarring" GDP report that showed a return of "stagflationary" trends of weakening growth and sticky inflation in early 2024, a report ...