Institutional Investor (November 27)
“Retail beef prices hit a record in July, as base demand across all grades, from prime to select, remained ‘incredibly good’…. Cattle supplies are tight and are likely to stay that way for the next few years as drought and high input prices will limit herd expansion.”
Tags: Beef prices, Cattle supplies, Demand, Drought, Grades, Herd expansion, High, Input prices, July, Prime, Record, Retail, Select, Tight
Wall Street Journal (April 7)
“With inflation high and the job market tight… policy makers are inclined to reduce the Fed’s $9 trillion balance sheet at a much more rapid pace than they did during the quantitative-tightening round that began in October 2017, when inflation was much cooler and the unemployment rate was higher.” The resulting “quantitative-tightening tantrum could go on a lot longer than the taper tantrum did.”
Tags: 2017, Balance sheet, Fed, Inflation, Job market, Policy makers, Quantitative tightening, Tight, Unemployment
Oilprice.com (November 18)
“The real reason that Big Oil won’t raise production is a matter of simple economics. Keeping the supply tight is just too good for the bottom line…. In fact, according to figures from Deloitte LLP, oil explorers in the United States are making more money now than at any other point in the more-than decade-long history of the nation’s shale revolution.”
Tags: Big oil, Bottom line, Decade, Deloitte, Economics, Money, Production, Shale revolution, Supply, Tight, U.S.
The Economist (November 2)
“On some measures, Japan’s labour market is as tight as it has been since the 1970s. America’s jobless rate, at 4.2%, is the lowest for over 16 years. Inflation has nevertheless been surprisingly weak. In other words, the trade-off between unemployment and inflation, known as the Phillips curve, has become less steep.”
Tags: Inflation, Japan, Jobless rate, Labor, Phillips curve, Surprising, Tight, Trade-off, U.S., Unemployment, Weak
