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Is The US Economy Headed Toward Stagflation?

Is The US Economy Headed Toward Stagflation?

If the US economy walks down the path of high deficit, result will be disastrous.

Oguz Erkan's avatar
Oguz Erkan
Feb 05, 2025
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Is The US Economy Headed Toward Stagflation?
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Something strange is happening in the US economy:

  • The Fed is cutting rates.

  • Inflation is (seemingly) cooling.

  • Market rates remain persistently elevated.

On the surface everything looks well: You have an easing Fed and the inflation is still coming down. Ideal scenario for a soft landing!

Why the hell is market rates not coming down and yields are increasing …

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