Nervous Consumers and Large Inventories: Tough Times in Retail
The Conference Board’s Consumer Confidence Survey didn’t reveal much in the way of good cheer last week, falling for the third consecutive month.
Supply Chain
Biden Regulators Take Unions’ Side in Freight-Rail Dispute
The Federal Railroad Administration is inserting itself from outside the labor-negotiation process and attempting to mandate the union position on a key issue.
Biden One Year Ago: I Always Want to Hear the Truth, Even If the News Is Bad
His record in the White House indicates otherwise.
California Democrats Give Independent Truckers an Impossible Choice
Comply with A.B. 5, or quit being a truck driver.
Truckers Protesting California’s AB5 Block Port of Oakland
These protests and the resulting economic damage are an unforced error by California’s progressive, Democratic state government.
Implications of a German Energy Crunch (with added Supply-Chain Problems)
A shutdown of Russian gas supplies to Germany would cause a cascade of problems elsewhere.
Europe’s Inflation Problem and Ours
European inflation is more supply-driven, while spending growth in the U.S. is more rapid.
Baby-Formula Shortage Continues
The Biden administration’s actions have been of the ‘Do Something’ variety. It’s time to give markets a chance.
Strikes Possible as Unions Have the Upper Hand
Between global economic conditions and a pro-union Biden administration, organized labor is looking emboldened right now.
Avoiding California, Shippers Clog East Coast and Gulf Ports Instead
These ports could become much more important in the near future, as labor negotiations threaten to disrupt operations at Los Angeles/Long Beach.