Chicago PMI Screams Stagflation: Inflationary Pressures On The Rise As “Economic Growth Looks Very Disappointing”

by Tyler Durden
ZeroHedge.com
Oct 31, 2016

Following September’s bounce, October’s Chicago PMI plunged to 5-month lows. The 50.4 print is a four standard-deviation miss with new orders sliding, production tumbling, but prices paid surging to the highest since Nov 2014. So, stagflation looms as inflationary pressures build but economic growth outlooks decline.

The Rest…HERE

This entry was posted on Monday, October 31st, 2016 at 10:38 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.