Miner Company
The economy has seen an ugly week with the Iran war, reviving memories of stagflation; but it is better cushioned for oil shocks and sluggish job growth—with one big exception, writes WSJ's Greg Ip
The U.S. is a net petroleum exporter and productivity is improving, but the bigger risk is stubborn inflation.
The U.S. is a net petroleum exporter and productivity is improving, but the bigger risk is stubborn inflation.