div > div.group > p:first-child"> "It's not bad. [Prices] are sticking a little bit. Anecdotal evidence is what it is. I think the breadth of it is interesting. The idea that it's not disastrous for companies is okay. It might even be good," said Don Rismiller, Strategas Research's chief economist. Rismiller pointed out that among the companies that have seen earnings boosted by price increases are railroads, Kimberly-Clark and Whirlpool.
The ability of companies to raise prices is a positive, particularly when they have been hit by rising input costs due to escalating raw material costs, some a direct result of tariffs. Among the companies Levy follows are Procter and Gamble and Coca-Cola, which both discussed higher prices and shifts to higher priced mixes of products during earnings."I would characterize my guys as cautiously optimistic...It's pretty standard that people are getting a 1 to 2% line pricing plus 1 to 2% of mixed shift...I think we're going from an over-consuming nation to a much more moderate consuming nation....The mindset of companies needs to change to adapt to that.
Paulsen said the worry in the not too distant past was disinflation, where companies could not make up for problems like a sudden jump in input costs or a bad product decision.
They're doing it because they think they can...given strong economy. Bastards
Maybe inflation is being knowingly and intentionally underreported? COLA adjustment was 2.8% - there’s no inflation is an outright lie. Wages and prices are increasing across the board.
Seeing the first debate approach CNBC starts nudging the FED towards a rate hike. Praying for a recession is in full swing.
As always your insight is cutting edge. Keep up the subpar work
Companies are raising prices to pay the new tariffs
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