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🧠The Weekly Scoop
Explaining every trend affecting your job, home, and investments
Augustus Christensen & Scoops Team
March 15, 2024
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Here’s what you need to know this week.…
Catch up on the conversation:
This was a big week for the economy. Get ready to hear more people talking about stagflation, a beautiful portmanteau for an economic environment of stagnant growth and high inflation. Inflation has been trending lower, but the last two months have shaken confidence in that trend. Remember, lower inflation doesn’t mean things are getting cheaper. It means they’re getting more expensive less quickly. Along with fears of an inflation comeback, investors are starting to see signs of the actual strain Americans are under. A strained consumer begets a strained economy.
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