What I'm Reading Danger Zone: Diesel prices are increasing at a quicker rate than gasoline prices and inventories, especially on the east coast continue to drop. A loss of global refinery capacity is primarily to blame. Freight Waves I'm surprised that this isn't getting more attention. The entire global supply...
July 19th – Micro Marketing
What I'm Reading Micro Marketing: Cities have historically tried to increase job opportunities by trying to attract large companies with tax incentives. In the post COVID remote work world, cities are increasingly focusing their marketing efforts on appealing to individuals who already have a job but are looking for a...
July 8th – Wealth Effect
Chart of the Day US household wealth as a percentage of GDP went off the chart over the past year and a half. The trend should be a substantial tailwind due to the wealth effect where people tend to consume more when they are relatively better off. Today's levels dwarf...