Report

Analyst Pin-board Stagflation?

  • The reality of stagflation has certainly been confirmed by the latest US data both as regards to inflation and wage growth.
  • US real wages are down, meaning that consumer purchasing power is eroding.
  • The US Fed is tightening into a slowing economy.
  • US headline CPI inflation rose from 8.3% YoY in April to 8.6% YoY in May (Figure 1), the highest inflation print since December 1981. Core CPI inflation was 6.0% YoY in May, though down from the recent high of 6.5% in March
Provider
Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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Analysts
Son Tran

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