Investors should brace for 1970s-style ‘stagflation,’ JPMorgan warns
Jeffrey Small, president of Arbor Financial, appeared on Varney & Company and argued that the Magnificent Seven stocks will repeat their 2023 price in 2024. U.S. stocks hit record highs last week, but the rally may be short-lived as the risk of the economy returning to a 1970s-style stagflation scenario increases, according to strategists at […]