The replay of our January 18, 2024 conference call titled Will Inflation and Liquidity Prove Sticky can be found below.
Summary
- Inflation will prove to be sticky and will not come down as quickly as some expect.
- The economy is not heading towards a soft landing or a recession, but rather will remain strong.
- There has been a shift in consumer attitudes towards spending, and people are not afraid to spend as long as they have a paycheck.
- The housing market is driving inflation, particularly in the shelter component.
- Shipping disruptions in the Red Sea push up the probability for goods inflation to return.
Transcript
Handout
Audio Replay
Video Replay