Stagflation: Useful Lessons from the 70s | David Woo
Inflation is at levels last seen during the Great Inflation of the 1970s. What are the similarities and differences between then and now? Is stagflation a foregone conclusion? What does it mean for stock market valuation? A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.
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00:00 Introduction
01:16 What caused inflation in the 70s
05:33 What about inflation today?
07:59 What is the bottom-line for stocks?
#stagflation #inflation #stockmarket
#moneygame
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