US STOCKS-Ghost of stagflation past spooks Wall Street

Newswire

(Updates to close) By Ellis Mnyandu NEW YORK, Dec 17 (Reuters) - U.S. stocks tumbled on Monday on concerns that a persistent housing slump, combined with surging prices, posed the threat of 1970s-style stagflation. Government reports last week showed rising price pressures in November, while concern about the housing slump intensified after news that sentiment among U.S. home builders held at a record low for a third consecutive month in December. For details, see [ID:nN17398742]. ...

Premium Content (PAID Subscription Required)

"US STOCKS-Ghost of stagflation past spooks Wall Street" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×