Another storm to look sideways

There’s a fear that global stock markets are overvalued and that two by three (and with more insistence) arouses the warning of different local and international analysts: a phenomenon of stagflation What does this mean? That the world economy stagnates and that the rate of rise in prices does not yield. But also There are already voices that go one step further and treat the recession as a more than feasible scenario. This is an adverse combo whichever way you look at it and the Uruguayan economy will have no way of escaping if the world walks down that parapet. I will write to you about this in this installment of Rincón y Misiones.