Danielle DiMartino Booth, Columnist

Markets Better Prepare for Stagflation

By all metrics, prices are heating up. But the same can't be said for economic activity.

April 24, 2018 at 5:54 PM UTC

Danielle DiMartino Booth, a former adviser to the president of the Dallas Fed, is the author of "Fed Up: An Insider's Take on Why the Federal Reserve Is Bad for America," and founder of Quill Intelligence.

Pray for Jerome Powell.
Photographer: Andrew Harrer/Bloomberg

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Investors better wake up to the growing risk of stagflation. The coming weeks promise to deliver the verdict on how they should be positioned.

By all metrics, inflation is heating up. But it’s not clear the same can said for underlying economic activity.