Financial social media has once again become obsessed with the familiar inflation chart – the current U.S. inflation ...
The 1970s were an absolutely brutal decade for inflation. Year-over-year inflation went from 6% at the start of the decade to 15% by the end. The topic was understandably talked about at length, as ...
The disconnect between healthy unemployment numbers and miserable consumer sentiment remains a striking feature of today’s economy, DoubleLine CEO Jeffrey Gundlach told attendees at a webcast ...
For months, Donald Trump has badgered the US Federal Reserve and its chair, Jerome Powell, to lower interest rates. When the governors of the Fed did so by 0.25 percentage points in mid-September to a ...
Think food prices are terrible today? This isn’t the first time Fairbanks has felt the pinch at local grocery stores. In the mid-1970’s the United States was suffering from rising inflation rates that ...
In the 1970s, the United States was in the midst of the Great Inflation. Here's how grocery prices then compare to grocery ...
Higher inflation and a slower economy can be a toxic brew Long lines at gas stations were a common scene during the era of stagflation in the mid-1970s and early 1980s. The Iran war has revived the ...
Higher energy costs have a muted impact on employment now because states where oil production is concentrated can see job ...
When inflation spikes, comparisons to the 1970s are never far away. The similarities are striking, but so are the differences, writes James Smith. And be warned! This article contains egregious chart ...
Consumer sentiment is worst now than during the high inflation and erratic economy of the 1970s.