Wall Street Says 1970s Stagflation Possible: 4 Safe High-Yield Dividend Kings to Grab Now
Briefly

The article discusses the potential revival of stagflation in the U.S. economy, characterized by stagnant growth and persistent inflation. Economists predict minimal GDP growth and inflation rates around 3% through 2025. Factors contributing to this situation include high commodity prices, significant budget deficits, and excessive government spending. Investors are advised to consider dividend stocks from sectors historically resilient during stagflation, such as value stocks and utilities, as the economy grapples with these challenges.
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High commodity prices, massive budget deficits, and profligate government spending are just a few of the factors stirring the pot.
While the sticky inflation component remains in place, the stagnant economy is now being discussed on Wall Street.
Read at 24/7 Wall St.
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