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World Bank warns global economy may suffer 1970s-style stagflation

A customer talks with a porter at a wholesale produce market on the outskirts of Lima, Peru, early on June 6. Peru is facing the highest inflation in decades, at 8.09 percent, according to the country’s statistics institute. (Martin Mejia/AP) The global economy may be headed for years of weak growth and rising prices, a …

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Brace For A Double Whammy In The Stock Market

  And now that U.S. stocks have broken a historic string of weekly losses, market analysts are looking to technical indicators to determine where the “danger zone” for equities might lie. The ‘danger zone’ According to Jonathan Krinsky, a market technician at BTIG, the new “danger zone” for U.S. stocks corresponds roughly with the 50-day …

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