Weak GDP raises stagflation debate

APR 25, 20246 MIN
Wall Street Breakfast

Weak GDP raises stagflation debate

APR 25, 20246 MIN

Description

GDP +1.6%, the <a href="https://seekingalpha.com/news/4094072-us-gross-domestic-product-growth-cools-markedly-in-q1?source=wsb_podcast:weak_gdp_raises_stagflation_debate" target="_blank" rel="noreferrer noopener">slowest pace</a> in 2 years, as inflation came in hot. (0:16) Wall Street rushes to <a href="https://seekingalpha.com/news/4094000-meta-dives-guidance-spending-worry-investors-wall-street-plays-defense?source=wsb_podcast:weak_gdp_raises_stagflation_debate" target="_blank" rel="noreferrer noopener">defend</a> Meta stock. (3:33) Biggest oil ETF sees <a href="https://seekingalpha.com/news/4093769-top-oil-etf-slammed-with-record-outflow-as-geopolitical-fears-fade?source=wsb_podcast:weak_gdp_raises_stagflation_debate" target="_blank" rel="noreferrer noopener">biggest outflows</a> ever. (4:42)<br /><br />Show Notes<br /><a href="https://seekingalpha.com/news/4093459-david-m-einhorn-gold-demand-from-the-east-is-pushing-its-price-higher?source=wsb_podcast:weak_gdp_raises_stagflation_debate" target="_blank" rel="noreferrer noopener">David Einhorn: Gold demand from the East is pushing its price higher</a><br /><a href="https://seekingalpha.com/news/4093152-dividend-investing-only-14-sp-stocks-have-a-3-yield-and-returned-over-10-ytd?source=wsb_podcast:weak_gdp_raises_stagflation_debate" target="_blank" rel="noreferrer noopener">Only 14 S&amp;P stocks have a 3% yield and have climbed over 10% YTD</a><br /><a href="https://seekingalpha.com/news/4092710-7-stocks-in-fin-tech-and-payments-baird-analysts-like-the-most?source=wsb_podcast:weak_gdp_raises_stagflation_debate" target="_blank" rel="noreferrer noopener">7 Stocks in Fin-tech and Payments Baird analysts like the most</a><br /><br />Episode transcripts <a href="https://seekingalpha.com/wsb?source=wsb_podcast:weak_gdp_raises_stagflation_debate" target="_blank" rel="noreferrer noopener">seekingalpha.com/wsb</a><br />Sign up for our daily newsletter <a href="https://seekingalpha.com/account/edit_newsletters?source=wsb_podcast:weak_gdp_raises_stagflation_debate" target="_blank" rel="noreferrer noopener">here</a> and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at <a href="https://seekingalpha.com/subscriptions?source=wsb_podcast:weak_gdp_raises_stagflation_debate" target="_blank" rel="noreferrer noopener">seekingalpha.com/subscriptions</a>.