Stephen Roach calls stagflation his base case, warns market is unprepared for the consequences

May 20, 2022 admin-dominor 0 Comments Bonds, business news, China, consumer prices, Consumer spending, coronavirus, COVID-19, Dow Jones Industrial Average, Economy, Energy, Federal Reserve Bank, Home Prices, Inflation, interest rates, Investment strategy, Jerome Powell, MARKETS, NASDAQ Composite, Oil and Gas, Personal debt, Prices, Producer prices, Recessions and depressions, Russia, S&P 500 Index, Stock markets, Treasury bills, U.S. dollar, ukraine, Vaccinations, wall street

Former Morgan Stanley Asia chairman Stephen Roach warns the U.S. is on a dangerous path that leads to higher prices coupled with slower growth.

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