The short version

Brian Wieser predicted on December 1, 2024: “an environment that might look like stagflation with poor or negative ‘real’ growth but high levels of inflation.” Verdict: Partially right. The economic environment was slower growth with still-elevated prices, but not classic stagflation (simultaneous high inflation and flat/negative real growth). Real GDP remained positive, though "real" ad growth was modest.

Prediction by

Brian Wieser

On December 1, 2024

“an environment that might look like stagflation with poor or negative ‘real’ growth but high levels of inflation.”

Follow-up

The economic environment was slower growth with still-elevated prices, but not classic stagflation (simultaneous high inflation and flat/negative real growth). Real GDP remained positive, though "real" ad growth was modest.

From the High Caliber AI network — see the AI for PR module in the course.