What I'm Reading Substitution Effect: Executives running some of the world’s biggest retailers, manufacturers and consumer-products makers say they are seeing signs that people are becoming less willing to absorb price increases. This includes an uptick in demand for discount products. Wall Street Journal Falling Behind: Debt funds, life insurance...
October 19th – Bluebird
What I'm Reading Bluebird Conditions: With low interest rates, strong capital flows and a favorable market outlook, conditions are more ripe for a lending boom than they have been in years. Question is whether or not the lending discipline that has defined the market since the end of the Great...
October 4th – No Takers
What I'm Reading No Takers: Spurred on by the Biden Administration, the Port of Long Beach began offering a pilot program offering 24-hour container operations over two weeks ago. To date, not a single trucker has taken advantage of it. The reason? Burdensome requirements (of course). Wall Street Journal On...