70s-Style Stagflation Returns: Dollar as “Wrecking Ball,” Gold No Longer “King”
The return of “1970s-style stagflation” is no longer a distant tail risk—it is fast becoming the central theme driving global markets. The clearest warning sign is the emergence of a “dual shock” of rising oil prices and climbing Treasury yields. In a typical geopolitical crisis, investors seek safety in bonds, pushing yields lower. This time, […]
















