Wall Street Weighs Stagflation Threat

A trend from the 1970s may be making an unwelcome return, and it has nothing to do with disco music, bad hair styles or bell-bottom pants.

Fears are growing on Wall Street about the possible return of stagflation, which often arises when tepid economic growth mixes with rising inflation. That toxic combination can cripple the economy, and while such a grim predicament has yet to emerge, there certainly are hints that stagflation could be brewing.
AP via TheNewsTribune.com