Bridgewater Talk on Global Outlook: Is Stagflation Next?

Earlier this month, Bridgewater Senior Portfolio Strategist Jim Haskel discussed the current market environment with the firm’s Co-CIO Greg Jensen including the global outlook as the Covid-19 pandemic continues, the challenges faced by policy makers and the prospects for deflation, inflation or stagflation. Here are some highlights: Jensen emphasized how ­­we are facing a “rare set of circumstances” because the current crisis is a result of an income shock—rather than a credit shock, which triggered… Read More

Why Akre Sees Stagflation Ahead

Top fund manager Chuck Akre says a constrained consumer will mean continued slow growth for the U.S. — part of why he sees stagflation coming. Akre tells Bloomberg that robust growth can’t occur in a consumer-driven economy like the U.S. when unemployment is as high as it is right now. Credit also isn’t flowing as freely as it did in the 1990s or 2000s, he says, and the scars of the 2008 financial crisis have… Read More