Is Greenspan right about a 70s style stagflation around the corner?
Chris Temple joins is today before the strengthening hurricane hits his area in Florida. We discuss a number of topics all with a big picture outlook on the economy and investing themes. The IMF is currently in a meeting and with their recent concerns about global stability it will be interesting to see what reports are released. Also Mr. Greenspan in a recent interview stated he sees a 1970s style stagflation to take hold in the US. Investors need to be aware of the best positioning if this is to occur.
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OOTB, I could use a nice boost in my TSP G fund with 18% interest rates!
A couple of years at 18%,and you can retire…. 🙂
Greenspan is one of the usual suspects.
He isn’t right about anything
Cory is on to something. How can history repeat itself when we’re in a place with debt and interest rates and have never been anywhere close to these levels. We’re in uncharted waters and the sailing could get rough…………jmo
Funny …interest rates of 6%, will be like 18% of the 70’s