‘Even the rich are worried’: Experts warn of ‘scariest’ signs amid ‘stagflation’ fears

Warning signs are flashing red in a week where troubling economic news has turned unmistakably grim. Consumers should brace for a surge in terms like “inflation,” “stagflation,” “Trumpflation,” and “recession” dominating the headlines.

Reports are now showing consumer confidence has plummeted to its lowest level in 12 years, the markets are currently tanking, analysts have downgraded predictions for stocks, core inflation is rising, GDP projections have been sliced in half or are now negative...