Rising Gasoline Prices a Concern?… WSJ

by Jim Colburn • Wednesday, July 11, 2018

Stephanie Yang quotes Joseph LaVorgna on high gasoline prices, here…

”’’People are on the lookout for a downturn,” said Joseph LaVorgna, chief economist for the Americas at Natixis . “Tight monetary policy combined with rising energy costs is typically not a good development for U.S. households.””

“Every recession has been preceded by two things: an inverted yield curve and rising oil and gas,” Mr. LaVorgna said.”

 

Leave a Reply

Your email address will not be published. Required fields are marked *

404