12-7-2021: Should the Fed Hike Interest Rates Immediately to Cut Stagflation Risks?

A former Federal Reserve economist says yes, and he is warning that rising prices could send shockwaves through the economy. Today's Stocks & Topics: DOCU - DocuSign Inc., Union Labor Cost, 15- or 30-Year Mortgage, APPS - Digital Turbine Inc., VB - Vanguard Small-Cap ETF, VO - Vanguard Mid-Cap ETF, MS - Morgan Stanley, HCSG - Healthcare Services Group Inc., GSK - GlaxoSmithKline PLC ADR, T - AT&T Inc., IAI - iShares U.S. Broker-Dealers & Securities Exchanges ETF, LUV - Southwest Airlines Co., TOST - Toast Inc. TRIVIA QUESTION: "Over the past 30 years, what do you suppose was the AVERAGE yearly return of the S&P 500? And-- how much do you think the S&P 500 index dropped over 2 months at the start of the COVID-19 pandemic?"Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Progressive: https://www.progressive.com* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands