
Early Look At July PMIs Hints At Stagflation For America
US factory activity stabilized in July, while the services sector cooled, data released on Monday su

You must be logged in to post a comment.
More data supporting the higher-for-longer thesis. At this point, it would seem, the only way to squash corporate “greedflation” is to squeeze the consumer and suppress demand. Chair Volcker, er, Powell, understands that.