Is the U.S. Economy Suffering from a Bout of Stagflation?

Former JPMorgan Chase Global Chief Economist (Ph.D in Economist) & Current BrightQuery Chief Economist

While some market observers have begun to warn about the risks of stagflation, others have started to ask if we are already there.   At a recent in-person presentation I delivered on the West Coast, one participant asked me if I thought we were suffering from stagflation because more people were starting to worry that it was a real risk factor for the U…