Economic Reconnaissance
Here we are again. The people who are supposed to know what is going on are not very helpful. There are all the standard economist jokes for times like this. “Put five economists in a room and get five different…
Economic Reconnaissance | The Global Economy and Why This Matters
Over the years I have done quite a few talks for NACM Connect groups and nearly every one of them have questions pertaining to the global economy. The supply chain is truly global – from commodities to the intermediate parts…
Economic Reconnaissance
This edition of the NACM Connect report is a little different. Given the importance of the energy market I thought a deep dive would be useful. These are some observations on the sector and the influence this all has on…
Economic Reconnaissance | North American Outlook
United States Recession, Inflation and Rates – OH MY! As a good Kansas lad, I can’t resist the occasional Oz reference but this one seems somewhat apt. The media has been alive with doom and gloom, economists and analysts filling…
Economic Reconnaissance | Why Are Forecasts All Over the Place?
If you have been turning to the dismal scientists for guidance regarding the rest of 2023 and into 2024 you are likely a little frustrated and confused. One set of talking heads asserts that the world is on the precipice…
Economic Reconnaissance | Is Stagflation a Real Possibility?
Stagflation is something that is supposed to be technically impossible. One either has slow growth or one has inflation. By definition these are supposed to be mutually exclusive. Inflation is generally driven by faster growth that creates a disconnect between…
Economic Reconnaissance
Credit managers and economists face the same worries and concerns at the start of 2023 that we confronted at the end of 2022. What are these, you may ask? Obviously, there is a very long list of things that can…
Economic Reconnaissance | The Great Fed Watch
It has become something of a national sport or perhaps an obsession. Fed watching captures the headlines week after week. Will they, or won’t they? Every statement is parsed for any nuance or clue as to their intentions and every…
Economic Reconnaissance | The Elephant in the Room
A few days ago I might have written about some geopolitical shift or speculated on the rate of inflation but then the banking system blew up and suddenly people are competing to determine how panic stricken they can be. There…
Economic Reconnaissance
Credit managers and economists face the same worries and concerns at the start of 2023 that we confronted at the end of 2022. What are these, you may ask? Obviously, there is a very long list of things that can…
