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Stagflation signs surface in bonds, stocks, gold — The Buzz

Posted By admin On August 19, 2011 @ 3:15 am In Money Watch | Comments Disabled

Paul R. La Monica,
CNN [1]
Aug 19, 2011

Is that a disco ball I see?

Stocks plunged Thursday [2] after several economic reports in the United States raised more worries about stagnant growth and higher inflation.

I wish there was a word to describe such a scenario. Oh yeah. There is! Stagflation. Remember that old chestnut from the 1970s? Gas lines and what not? Good times. Or not.

Weekly initial jobless claims rose again [3] and were back above 400,000. There’s the “stag.” And the Consumer Price Index rose at a much higher than expected rate in July. That follows a similarly strong Producer Price Index number Wednesday. Ladies and gentlemen, there’s your “flation.”

What are investors worried more about? If you look beyond the latest carnage in stocks Thursday, investors are clearly sending a signal that they are worried both about stagnation and inflation. But the emphasis seems to be more on the “stag.”

Full article here [1]

Stagflation signs surface in bonds, stocks, gold    The Buzz  150709banner2 [4]

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URLs in this post:

[1] CNN: http://finance.yahoo.com/news/Stagflation-signs-surface-in-cnnm-2117488997.html

[2] Stocks plunged Thursday: http://us.lrd.yahoo.com/_ylt=AupCrJrQ.ZW2z_b4bo.uv27lba9_;_ylu=X3oDMTE2OTVhNW9nBHBvcwMxBHNlYwNuZXdzYXJ0Ym9keQRzbGsDc3RvY2tzcGx1bmdl/SIG=13bdelg33/EXP=1314958485/**http%3A//money.cnn.com/2011/08/18/markets/markets_newyork/index.htm%3Fsource=yahoo_hosted

[3] Weekly initial jobless claims rose again: http://us.lrd.yahoo.com/_ylt=Aq0Nafds_yvjJ507pfrLOBzlba9_;_ylu=X3oDMTE2bm9ucmlqBHBvcwMyBHNlYwNuZXdzYXJ0Ym9keQRzbGsDd2Vla2x5aW5pdGlh/SIG=13m6njtl2/EXP=1314958485/**http%3A//money.cnn.com/2011/08/18/news/economy/unemployment_benefits/index.htm%3Fsource=yahoo_hosted

[4] Image: http://www.prisonplanet.tv/

[5] Euro Weakens, Bonds Rise on Trichet Austerity Comments; Stocks Fluctuate: http://www.prisonplanet.com/euro-weakens-bonds-rise-on-trichet-austerity-comments-stocks-fluctuate.html

[6] Dollar Drops; Stocks, Gold Gain as Economic Contraction Slows: http://www.prisonplanet.com/dollar-drops-stocks-gold-gain-as-economic-contraction-slows.html

[7] India, Indonesia, China and Wider Asia Buy Physical Gold and Silver on Dip as Stagflation Threatens: http://www.prisonplanet.com/india-indonesia-china-and-wider-asia-buy-physical-gold-and-silver-on-dip-as-stagflation-threatens.html

[8] Stocks Tumble Worldwide, Government Bonds Rise on Bank Concerns: http://www.prisonplanet.com/stocks-tumble-worldwide-government-bonds-rise-on-bank-concerns.html

[9] Yen Strengthens Most in Month as Asian Stocks Drop, Gold Gains: http://www.prisonplanet.com/yen-strengthens-most-in-month-as-asian-stocks-drop-gold-gains.html

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