The professor who first warned the US about a K-shaped economy is raising another red flag: the stock market may be too optimistic about the Iran war. As a result, Peter Atwater — the economist often credited with popularizing the idea of a bifurcated recovery where high earners thrive while lower-income people struggle — says he's steering clear of US stocks. Atwater says that investors are underpricing a scenario where American businesses are punished abroad because of how inflationary the

Tag-uri: Inflatie