Wall Street Journal (June 27)
“Workers throughout the economy are demanding bigger raises to compensate for soaring prices. This could push inflation higher as companies pass along higher wage costs in the price of goods and services.” Though bond markets haven’t determined “how serious the Fed is about controlling inflation… workers aren’t waiting to find out as they seek higher pay.”
Tags: Bond market, Compensate, Demanding, Economy, Fed, Goods, Inflation, Pay, Raises, Services, Soaring prices, Wage costs, Workers
New York Times (May 30)
“E-commerce has been embraced for all manner of goods and services — books, travel, groceries, electronics — but auto sales have resisted the trend.” Consumers do frequently conduct research over the internet, but ultimately “have gone to dealers for most transactions. With the coronavirus and stay-at-home orders, that is changing.”
Tags: Auto sales, Books, Consumers, Dealers, E-commerce, Electronics, Goods, Groceries, Internet, Research, Services, Travel
Barron’s (December 27)
“Megatrends, like aging and climate change, are forcing governments to take care of themselves, understanding there are going to be massive challenges. As a result, we’re starting to see the peak of globalization, meaning limits to the movement of free capital, goods, money, services, and knowledge.”
Tags: Aging, Capital, Challenges, Climate change, Globalization, Goods, Governments, Knowledge, Limits, Megatrends, Money, Peak, Services
