‘Stagflation is coming to the U.S.,’ says this economist. Here’s what it means for the dollar, bonds and stocks. - MarketWatch
1. Stagflation is predicted in the U.S. economy due to inflationary pressures. 2. A declining dollar and high tariffs contribute to rising inflation. 3. Savouri expects the Fed's Powell may depart under political pressure. 4. Long-term U.S. Treasury yields are likely to steepen significantly. 5. Investors are recommended to buy TIPS for inflation protection.