Stagflation occurs when economic growth slows and the unemployment rate spikes. The 1970s are known for many things, but the one economists are most likely to recall is stagflation, the combination of high inflation and unemployment that can cripple an economy and investor portfolios."Stagflation is a serious risk for investors because of its persistence," says Michael Rosen, chief investment officer and co-founder of Angeles Investments. "That is, stagflation is rarely a transitory event and it
/PRNewswire/ The Colony Group, an independent, national wealth and business management firm with approximately $20 billion in assets under management, is.