What is Stagflation? The Economic Storm Affecting Your Wallet Hosted by Laycee KluinJune 26, 2024 ShareLink copied to clipboard. Play video for What is Stagflation? The Economic Storm Affecting Your WalletDetailsGuestsStagflation is a combination of high unemployment combined with slow (or stagnant) economic growth. The slow economic growth is defined as a period of negative growth in a country’s gross domestic product (GDP). What makes stagflation such a thorny problem is that for stagflation to exist inflation also has to be rising. This creates a condition where demand for goods and services weakens which in turn makes it difficult for businesses to hire workers. And that’s why stagflation is usually the precursor to a recession.In this video, we'll look at the relationship between inflation and stagflation and why you can't have one without the other. We'll also visit the history of this term and also how it affects your personal finances including your investments. Learn More About StagflationLaycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. 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Hosted by Laycee KluinJune 26, 2024 ShareLink copied to clipboard. Play video for What is Stagflation? The Economic Storm Affecting Your WalletDetailsGuestsStagflation is a combination of high unemployment combined with slow (or stagnant) economic growth. The slow economic growth is defined as a period of negative growth in a country’s gross domestic product (GDP). What makes stagflation such a thorny problem is that for stagflation to exist inflation also has to be rising. This creates a condition where demand for goods and services weakens which in turn makes it difficult for businesses to hire workers. And that’s why stagflation is usually the precursor to a recession.In this video, we'll look at the relationship between inflation and stagflation and why you can't have one without the other. We'll also visit the history of this term and also how it affects your personal finances including your investments. Learn More About StagflationLaycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatA crypto nightmareThis past weekend President Trump made good his promise to crypto enthusiasts - with his announcement of an of...Stansberry Research | Sponsored7 Natural Gas Stocks to Own Before WinterBefore you can invest in natural gas stocks, it's important to understand how this industry is similar and dif...MarketBeatAlert: DOGE goes liveElon Musk's Department of Government Efficiency ("DOGE") just announced the first-ever "fully digital retireme...Altimetry | Sponsored7 Warren Buffett Stocks to Ride Out Market VolatilityWarren Buffett has been one of the most closely watched investors in the last half-century. The “Oracle ...MarketBeat77 Hedge Funds Are Betting On This Off-Radar MineralWith surging prices... supply shortages... and growing demand, hedge funds are betting big on potash. In fa...The Tomorrow Investor | Sponsored7 Small-Cap Robinhood Stocks Millennials and Gen Z Are Betting On Robinhood Markets Inc. (NASDAQ: HOOD) is one of the more popular sites for retail investors. In 2024, approx...MarketBeat
