The week in financial markets: the 1970s word nobody wants

It's too early to start talking about stagflation, but a yield curve inversion is becoming more and more possible

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

Stagflation is very rare — a stagnating economy is incompatible with rising inflation. For inflation to rise we must have rising incomes to pull prices up.