The Conference Board’s latest measure of CEO confidence fell in the fourth quarter— which puts more executives feeling negative about the economy than positive.
Economist Mohamed El-Erian expressed concern, as consumers and businesses pull back spending and investors appear to question the role of the U.S. dollar.
Inflation is kicking into gear. But it’s not clear economic activity will shift much higher. Higher prices and slow growth are some key ingredients for “stagflation.” Is that where we’re headed? Click the audio player above to hear the full story.