January 7, 2022
“EDITOR’S NOTE: Through most of 2021, mainstream economic opinion was operating under the narrative of “transitory inflation.” It was the biggest meme to go “viral” in the sphere of economic concerns. The Fed called inflation “transitory.” President Biden and his more… Continue Reading…
December 1, 2021
“…Businesses and consumers around the world are currently facing lengthy delays on products and materials because of supply chain issues. Speaking to CNBC’s Annette Weisbach on Tuesday, Snabe said: “Right now, we have congestion primarily in the West Coast of… Continue Reading…
November 26, 2021
“The biggest export out of Southern California these days is air. And it is suffocating the supply chain. Hundreds of thousands of empty containers are filling marine terminals and truck yards across the region and tying up scarce trucking equipment… Continue Reading…
October 27, 2021
“Shares of Enphase Energy surged 23% at the opening bell on Wednesday after the company reported record revenue during the third quarter, despite ongoing headwinds from supply chain bottlenecks. The company, which makes microinverters and backup energy storage for solar systems, posted… Continue Reading…
October 20, 2021
“The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking Associations, tells CNN. That’s a 30% increase from before the pandemic, when the industry already faced a labor shortage of 61,500… Continue Reading…
October 18, 2021
“…A perfect storm of labor shortages, skyrocketing natural gas prices and global supply chain constraints have put the country in prime position for a difficult winter. Rising demand as economies reopen has created similar problems all over the world, but economists… Continue Reading…
October 5, 2021
“EDITOR NOTE: While it once looked like the global economy was on the road to recovery, a “perfect storm” has created a supply chain disaster that is throwing the recovery off course, per The Guardian. President of Queens College, Cambridge,… Continue Reading…
September 30, 2021
“Supply chain problems will hit consumers in the wallet during the holidays, with Salesforce.com Inc. forecasting a 20% increase in prices for the shopping season and beyond. The global supply chain has been tied in knots for a variety of… Continue Reading…
September 30, 2021
“Natural gas futures dipped as much as 8% on Wednesday, pulling back from a more than seven-year high above $6 per million British thermal units hit during the prior session. The contract for November delivery fell to a low of… Continue Reading…
September 30, 2021
“…Here’s how Bed Bath & Beyond did in its second quarter ended Aug. 28 compared with what Wall Street was expecting, based on a Refinitiv survey of analysts: Earnings per share: 4 cents adjusted vs. 52 cents expected Revenue: $1.99… Continue Reading…
Recent Comments