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Why We Gravitate Toward Stagflation
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Slowing employment growth and sticky inflation are reasons why we gravitate toward stagflation, notes Michael Cuggino. He talks about the potential for stagflation and the Fed’s ongoing inflation fight. He also highlights the declining impact of fiscal stimulus. He then goes over his stock picks which include Parker Hannifin (PH) and Illinois Tool Works (ITW).
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======== Schwab Network ========
Empowering every investor and trader, every market day.
#investing #trading #finance #stocks #global #equities #markets #stockmarket #stockmarkettoday #inflation #stagflation #parkerhannifin #illinoistoolworks #fed
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