Transcript
A (0:00)
With a CNBC your Money minute. I'm Jessica Edinger. The S bomb has been flying around a lot on cnbc, heightened maybe because of the US War with Iran.
B (0:11)
Even if the fighting were to end today and this all goes away, there's still going to be a big stagflationary pulse that gets thrown out to the marketplace from what's happened already.
A (0:18)
That's vital knowledge. Founder Adam Crisafulli on cnbc. Stagflation, stagnant economic growth and rising inflation. Here's Piper Sandler's Michael Kantrowitz on cnbc.
C (0:30)
We've been in a new inflation regime where inflation fears are driving risk premium. If this persists, we'll start to see negative economic data. And if you get demand destruction and oil prices remain high, the specter of stagflation becomes the word of the day.
A (0:48)
And Bridgewater founder Ray Dalio tells CNBC that stagflation isn't coming. It's here.
D (0:54)
We're in a stagflationary.
B (0:56)
You
A (0:56)
think we are.
D (0:56)
We are certainly in the stagflationary period. Now. How that transpires has a lot of parts to it,
A (1:04)
but Requisite Capital's Brent Talkington isn't worried much at all about stagflation. We had people saying stagflation.
E (1:11)
They keep using that word. It's just like the economy in the US Is, is a very service, more asset light economy. The US Economy is so incredibly resilient and we have a
A (1:22)
very different economy than we have in the 70s and 80s. Keep an ear on the debate as it unfolds on cnbc and cnbc.com jessica I'm Jessica Edinger, CNBC
F (1:32)
this episode is brought to you by Schwab Market Update, an original podcast from Charles Schwab. Join host Keith Lansford for this information packed daily market Preview delivered in 10 minutes or less, including projected stock updates, monetary policy decisions and key results and statistics that may impact your trading. Download the latest episode and subscribe@schwab.com MarketUpdatePodcast or find Schwab Market Update Wherever you get your podcasts.
