Stagflation is probably the last thing the Fed wants to deal with because it really limits their ability to use their tools to both reduce unemployment and bring inflation down.
Canopy Growth Corporation (CGC) extended its slide into the week ending June 20th, dropping another 16% (down 6% MTD) and this article identifies why the pressure intensified.
During 2024 taxpayers were on the hook for $1.13 trillion in interest on the debt. That’s nearly $7,400 for each of the 153 million people who file tax returns.
