Published on 29 Apr 2024 on etf.com via Yahoo Finance
10 Best ETFs for Stagflation
Stagflation
First-quarter growth fell more than expected, rising at an annualized rate of 1.6%, according to the Bureau of Economic Analysis. That’s a slower growth rate than the forecast of 2.5%, and much lower than the 3.4% increase achieved in the fourth quarter.
Combine that with three months of inflation reports above consensus estimates, and you get two of the key ingredients of stagflation.