Could the US be heading for a period of 'stagflation'?
As crude prices dipped, shares on Wall Street opened higher. The recent market reaction follows an announcement by the Trump administration to waive sanctions on Russian oil for 30 days, with the goal of calming energy markets. Eddie Ghabour, CEO of Key Advisors Wealth Management in Delaware, explains that energy prices remaining high could mean the US might be heading for a period of stagnant growth and higher inflation, or 'stagflation.'
