Moneycontrol PRO
you are here: HomeNewsOpinion

A stock market malaise with the shadow of ’70s-style stagflation

The number of new US jobs fell far short of expectations, but wage growth shot up higher

October 14, 2021 / 07:41 PM IST
A stock market malaise with the shadow of ’70s-style stagflation

Wall Street, New York City (File image: Reuters)

Matt Phillips Vaccine mandates seem to be working, younger children may be approved for shots by Halloween, and the coronavirus appears to be in retreat. But those hopeful signs herald a messy new phase for the country’s economic recovery — and that’s putting Wall Street more on edge than it’s been in months. The Federal Reserve has signalled it could begin dialling back programmes that have helped prop up the markets for the past 18 months as soon as next month,...

  • PRO Panorama

    Moneycontrol Pro Panorama | A billion vaccine shots done, but the Street's not in a celebratory mood

    Oct 21, 2021 / 04:21 PM IST

    In today’s edition of Moneycontrol Pro Panorama: The race to 100 crore doses, why cement makers are well placed, IRCTC stock turns wobbly, crypto gets the better of gold, the missing piece in India’s solar play and more

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers