More Stagflationary Signals Emerge As Philly Fed Misses

by Tyler Durden
ZeroHedge.com
Nov 17, 2016

Philly Fed missed expectations, dropping modestly from 9.7 to 7.6 in November. The number of employees has now contracted for 10 straight months and while new orders were marginally higher, the outlook for business tumbled to 9-month lows, which combined with the highest prices paid since July 2014 flashes a loud stagflationary warning that all is not well.

The Rest…HERE

This entry was posted on Thursday, November 17th, 2016 at 12:16 pm and is filed under Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.