Nasdaq 100 Outlook: Bulls Got Spooked by Stagflation Fears - Action Forex

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Specter of stagflation spooks Wall Street

San José, CA – On Friday, February 21, all the major U.S. stock indices fell. The broadest measure, the S&P 500, dropped more than 100 points. What scared the stock markets were a pair of indicators showing signs of rising inflation and a slowdown in the economy, which is commonly called stagflation. The S&P Purchasing Managers Index fell in February to 51.6, just above the 50.0 line where the economy is neither growing nor shrinking. The servic…

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The president of the School of Economists of Aguascalientes, Dafne Viramontes, warned about the worrying increase in inflation, which could trigger a situation of ... La entrada Alert about the risk of stagflation in 2025 aparece primero en LJA Aguascalientes.

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Nasdaq 100 Outlook: Bulls Got Spooked by Stagflation Fears - Action Forex

The recent steep rise in the US 5-year breakeven inflation rate to 2.61%, a two-year high coupled with the unexpected contraction seen in the S&P Global flash US Services PMI for February has increased the odds of a stagflation environment. An increasingly less dovish monetary policy stance is likely to be adopted by the US […] The post Nasdaq 100 Outlook: Bulls Got Spooked by Stagflation Fears appeared first on Action Forex.