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Stagflation: Has It Started?
We have some news hot off the press from shipping company Fedex and it fires a massive warning shot! To be fair, maybe this is going to be an outlier decision; however, it very well could be the start of a whole new trend. The problem is, this trend is going to make a rough situation (slowing economy) even rougher by creating even higher prices. Moving forward, I would encourage you to take note of how companies are addressing these concerns of a slowing economy. It seems a bit backwards of how they are choosing to address the issues, but that’s exactly why stagflation is such a nasty bug within an economy. Has stagflation started? We’ll have to see if more companies choose the path of FedEx. Let me know if the comment section if you have seen any other companies making similar choices.
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