HomeBusinessEnergy Sector, Oil, & Gas Stock NewsInflation Accelerating, Things Will Get Worse Before They Get Better

Inflation Accelerating, Things Will Get Worse Before They Get Better

Inflation is accelerating slightly and continues to spread, moving into other sectors like food prices and travel, says John Leer, Chief Economist of Morning Consult. Wage growth is struggling to keep up with inflation, causing purchasing power to be eroded, he explains. He says this will cause the consumer to reallocate resources from high-end discretionary items to more lower costs staples. He explains the risk of stagflation with slower economic growth and higher inflation. He points out that consumers are substituting lower cost goods to make up for the higher price at the gas pump. His final thought is that things will feel worse, before they get better.

Trading 360

11 Mar 2022

SHARE

ON AIR
6:00 am
Fast Market
replay
12:00 am
Fast Market
REPLAY
1:00 am
Trading 360
REPLAY
2:00 am
Next Gen Investing
REPLAY
education
3:00 am
Your First Trade
REPLAY
3:30 am
Trading 360
REPLAY
4:30 am
Next Gen Investing
REPLAY
education
5:30 am
Your First Trade
REPLAY
ON AIR
6:00 am
Fast Market
REPLAY
7:00 am
Futures
8:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
3:30 pm
Market Overtime
4:00 pm
Trading 360
REPLAY
5:00 pm
Fast Market
REPLAY
6:00 pm
Next Gen Investing
REPLAY
7:00 pm
Market Overtime
REPLAY
education
7:30 pm
Your First Trade
REPLAY
8:00 pm
Trading 360
REPLAY
9:00 pm
Market Overtime
REPLAY
education
9:30 pm
Your First Trade
REPLAY
10:00 pm
Fast Market
REPLAY
11:00 pm
Trading 360
REPLAY

Get the Market Minute

Daily insights for every investor

coming soon

We are now

coming soon

We are now