Traders brace for chaos as US stagflationary forces intensify
US sharemarkets rallied to highs, still believing an end to the US-Iran conflict is nigh. And that was supported by staggering gains in companies reporting results, such as Snowflake. But the US economy is telling a different story, as growth slows sharply and inflation refuses to drop, stagflationary forces are intensifying and will bring volatility.
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