Thursday Sep 30, 2021

Stocks Close Down, Averages Below Their 100 DMA.

As markets are closing here, it looks like were headed for the worst quarter performance by stocks since that first quarter of the Pandemic, back in early 2020.

Increasingly Wall Street is concerned about higher inflation and lower growth. A situation last seen in the 1970's when it gained the moniker Stagflation. The latest to join in this Chorus of Casandra's is non other than Stephen Roach, former Asia Chairman for Morgan Stanley.

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