Finance & Fury Podcast

Welcome to Finance and Fury. Currently, the prospect of stagflation is being seriously debated by economists and policy makers across most economies – the big question is – will we suffer stagflation – and if so, how do markets react? The first stages of an energy crisis are currently in the making - In Europe - natural gas prices have tripled in the last three months – with rising petrol prices across the globe – even in Aus, petrol prices are up – Why do energy prices matter and what does this have to do with stagflation? Energy is an input into everything – transportation, manufacturing, even keeping office lights on – all of this flows through into increasing prices over time Coupled with this – annual CPI currently is sitting at 5.3% in the US, 5.8% in Poland, 7.4% in Russia and 9.7% in Brazil – even Aus is at around 3.8% - so all countries are sitting above their target rates – the countries suffering the most severe inflation are those suffering from supply shortages The major concerns are that these