Daily BriefsMacro

Macro: Tougher Outlook for Big-Ticket Consumer Items While US Corporations Resort to Old Habits and more

In today’s briefing:

  • Tougher Outlook for Big-Ticket Consumer Items While US Corporations Resort to Old Habits

Tougher Outlook for Big-Ticket Consumer Items While US Corporations Resort to Old Habits

By Said Desaque

  • Rising inflationary pressures since the COVID-19 pandemic have reflected both excessive demand and cost-push forces. US housing has experienced these influences. Higher mortgage rates will cool enthusiasm towards real estate
  • Armed conflict between Russia and the Ukraine could significantly delay the recovery for global automotive activity in the realms of sales and production due to component supply chains being imperilled.  
  • US corporations have returned to the habits of the late-1970s by responding to rising unit labour costs by raising selling prices to preserve operating margins. 

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