Sunday , October 24 2021
Home / Alhambra Investment Partners / Eurodollar University’s Making Sense; Episode 100, Part 1: For Our Hundredth, What Else Would It Be? INFLATION

Eurodollar University’s Making Sense; Episode 100, Part 1: For Our Hundredth, What Else Would It Be? INFLATION

Summary:
100.1 Why Inflation is OVERHYPED: US Producer Prices ———Ep 100.1 Summary———Producer prices in the US are elevated, but decelerating. They’re elevated because of demand surges, supply shocks and logistics snarls – all TRANSITORY factors. Producer prices ARE NOT elevated because of permanent, pervasive central bank or government inflationary action. ———See It——— Twitter: https://twitter.com/JeffSnider_AIPTwitter: https://twitter.com/EmilKalinowskiAlhambra YouTube: https://bit.ly/2Xp3royEmil YouTube: https://bit.ly/310yisLArt: https://davidparkins.com/ ———Hear It———

Topics:
Jeffrey P. Snider considers the following as important: , , , , , , , , ,

This could be interesting, too:

Jeffrey P. Snider writes The ‘Maestro’ Is Why Jay Powell Keeps Seeing (inflation) Ghosts

Jeffrey P. Snider writes Do Bonds Accurately Price Inflation? Since Before Any of Us Were Born

Jeffrey P. Snider writes You Don’t Have To Take My Word For It About Eliminating QE

Jeffrey P. Snider writes While The Fed Chases The Unemployment Rate, TIC’s Eurodollar Deflation Case Is Unusually Unambiguous

100.1 Why Inflation is OVERHYPED: US Producer Prices

———Ep 100.1 Summary———
Producer prices in the US are elevated, but decelerating. They’re elevated because of demand surges, supply shocks and logistics snarls – all TRANSITORY factors. Producer prices ARE NOT elevated because of permanent, pervasive central bank or government inflationary action.

———See It———

Twitter: https://twitter.com/JeffSnider_AIP
Twitter: https://twitter.com/EmilKalinowski
Alhambra YouTube: https://bit.ly/2Xp3roy
Emil YouTube: https://bit.ly/310yisL
Art: https://davidparkins.com/

———Hear It———

Vurbl: https://bit.ly/3rq4dPn
Apple: https://apple.co/3czMcWN
Deezer: https://bit.ly/3ndoVPE
iHeart: https://ihr.fm/31jq7cI
TuneIn: http://tun.in/pjT2Z
Castro: https://bit.ly/30DMYza
Google: https://bit.ly/3e2Z48M
Spotify: https://spoti.fi/3arP8mY
Pandora: https://pdora.co/2GQL3Qg
Breaker: https://bit.ly/2CpHAFO
Castbox: https://bit.ly/3fJR5xQ
Podbean: https://bit.ly/2QpaDgh
Stitcher: https://bit.ly/2C1M1GB
PlayerFM: https://bit.ly/3piLtjV
Podchaser: https://bit.ly/3oFCrwN
PocketCast: https://pca.st/encarkdt
SoundCloud: https://bit.ly/3l0yFfK
ListenNotes: https://bit.ly/38xY7pb
AmazonMusic: https://amzn.to/2UpEk2P
PodcastAddict: https://bit.ly/2V39Xjr

———Ep 100.1 Topics———

00:00 Show Intro: Do increases in PPI, CPI, and Import/Export prices translate into inflation?
00:20 French shipping conglomerate CMA-CGM has decided to freeze shipping rates till 2022.
03:39 Shipping was a profitable business, during globalization, before 2008 – before the crisis.
06:23 Price surges since 2020 have to do with demand, supply surges and logistical snarls.
08:51 Why is a price surge not textbook, legitimate inflation (persistent, pervasive)?
11:59 An impressive surge in producer prices is taking place – like in 2008 and 2011.
15:47 PPI values in 2021 are repeating the surge-and-fall observed in summer 2020; transitory?
20:24 PPI decelerated month over month, though year over year it accelerated.
22:09 The near-term outlook appears reflationary, though it’ll likely be temporary.
22:49 Will de-globalization raise prices permanently?

———Ep 100.1 References———

The Non-Charitable economics of (Not) Inflation: https://bit.ly/3EpQA9r
Alhambra Investments Blog: https://bit.ly/2VIC2wWlin
RealClear Markets Essays: https://bit.ly/38tL5a7

———Who———

Jeff Snider, Head of Global Investment Research for Alhambra Investments and Emil Kalinowski. Art by the complex pencil himself, David Parkins. Podcast intro/outro is “The Kill” by Particle House feat. Le June from Epidemic Sound.

 


Jeffrey P. Snider
As Head of Global Investment Research for Alhambra Investment Partners, Jeff spearheads the investment research efforts while providing close contact to Alhambra’s client base. His company is a global investment adviser, hence potential Swiss clients should not hesitate to contact AIP

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.