A delivery truck driver unloads Coca-Cola Co. soft drinks in Lawrenceburg, Kentucky, U.S., on Monday, Feb. 10, 2020.As multiple signs of inflation heat up, Wolfe Research recommends investors look at shares of companies with the ability to pass those cost increases onto consumers.
Pro Biden is not the blame for higher prices. The reason is not enough employees working to help keep businesses running normally. We are low on employees.
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Stock Futures Rise Ahead of Major Bank EarningsU.S. stock futures gained ahead of a wave of big-name earnings, which investors will use to assess how companies are positioned to deal with risks including inflation and higher energy prices.
Source: WSJ - 🏆 98. / 63 Read more »
Czech power company Bohemia the latest price crisis casualtyBohemia Energy, one of the biggest electricity and gas suppliers in the Czech Republic, halted operations on Wednesday to become the largest group in the country to buckle under a Europe-wide jump in energy costs.
Source: Reuters - 🏆 2. / 97 Read more »
Rising energy prices will squeeze company profits, says business consultantU.S. firms have a better chance at protecting their margins thanks to a 'very buoyant' consumer market, said Richard Martin, managing director of IMA Asia. No kidding They are letting OPEC= Arabia call the shots again + to many Rrefinerys stopping or 🔥👎❗
Source: CNBC - 🏆 12. / 72 Read more »
Biden's supply chain plan will mostly help larger companies, say small-business ownersSmall-business owners said larger companies with more clout and buying power are able to flex their muscles to make sure their shipping needs get taken care of first. It's not by accident. Look at the businesses that were allowed to stay open and packed with customers while your locally owned yarn store or gym owner faced jail. These are the same larger companies that small businesses have supported by voting for who the big guys told them to vote for.
Source: MSNBC - 🏆 469. / 51 Read more »