The K shaped economy
The K shaped economy is described as “a growing gap between the highest earners and the richest corporations, who are spending and expanding their wealth, and the lowest-income households and mom-and-pop companies, who struggle to pay their bills day to day.” -Yahoo/Finance. The top 10% of earners account for 50% of the spending. This is […]
Spooky and getting spookier
The trick or treat economy continues to be extremely tricky and getting trickier. Darth Vader is the costume of choice for our 5 year old Grandson and it seems right in line with the shut down of the federal government. Should we be handing out gift cards for the parents or candy to the kids […]
It’s in the data
When the aggregate looks okay, but your spidey senses are tingling, the answer may be in the data that rises or falls first. It used to be that economists looked at packaging sales as a leading indicator of manufacturing 6 months out. We all looked at US Labor Department data on unemployment rates and new […]
No toys for Christmas
Was there something you particularly wanted for yourself or your family this year for the holidays? May I suggest you buy it now? Temu has stopped shipping to the US. Chinese ships are sitting in the ports. Retailer’s have about a 6 week supply. Then supply will get narrower and the price will go up. […]
Short term actions for long term survival
Shipping has almost stopped out of China. The port of Long Beach predicts that by next week container traffic will have fallen by 38% and will continue to fall. Truckers who were working 6 days with overtime are looking at 2-3 runs a week. Freight forwarders are demanding that tariffs be paid in advance instead […]
Just one small step
Do you have those days when you are just stuck? You don’t have any energy, or no creativity, or the kids were up half the night? Do you bail and call in sick? I felt that way about writing a post today. I’ve been doing this every Sunday for over 10 years and except for […]
VUCA it is!
VUCA is an acronym that stands for volatility, uncertainty, complexity, and ambiguity. It’s a framework used to describe situations that are unpredictable and rapidly changing. Well, doesn’t that sound like the times we are living in! It is how Musk ran his companies and how our federal government is being run today. The volatility and uncertainty is […]
Containers around the world
Living near L.A-Long Beach, the largest port in the US, I’ve seen a lot of containers being moved. I’ve toured the port and been up in the big crane facilities that can load and unload 6 ships at a time. There is a special rail line expressway, the Alameda Corridor, that takes containers out of […]
Let’s look at the economy….
I’ve seen a lot of quality economic data this week that I would like to pass along. Like many folks who have some investments in the stock market, I love clicking on the market on the days when it is going up ad find other things to look at when it is going down. But, […]
It’s squirrelly out there
Talking to 30+ CEO’s each month, in a variety of industries gives me a particular view of the economy that doesn’t always correlate with the national press. Often described as Main Street, not Wall Street, the best poll that aggregates their feelings is the Vistage/Wall Street Journal poll that many of my Members participate in. […]