• Chicken and Chips ... Will Empty Shelves and Shortages Damage Growth ... Plus Taper Tantrums US Style

  • Aug 28 2021
  • Spieldauer: 6 Min.
  • Podcast
Chicken and Chips ... Will Empty Shelves and Shortages Damage Growth ... Plus Taper Tantrums US Style Titelbild

Chicken and Chips ... Will Empty Shelves and Shortages Damage Growth ... Plus Taper Tantrums US Style

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  • Chicken and Chips ...

    No Chicken in Nando's, No Chips at Nissan, No  shakes at MacDonald's. Empty shelves are increasing. The head of the  Co-Op said food shortages were the worst he has ever known. Evidently  not a war baby, CEO Steve Murrells announced the group was reducing  some ranges. The ability to get food into stores was hit by post Brexit  migration rules and Covid challenges.

    This week, once again, the car industry reported  production difficulties. Output fell by 37% last month. It was the worst  July performance since 1956. Manufactures "grappled" with the global  shortage of semi conductors.

    Taper Tantrum 

    Markets awaited with interest the update from Fed  Chair Jerome Powell this week, at the Jackson Hole virtual symposium.  The central banker hinted the Fed could start scaling back stimulus this  year. The inflation surge is expected to be temporary. There was no  prospect of a rate rise anytime soon but some tapering of asset  purchases could begin before the end of the year.

    --- Support this podcast: https://podcasters.spotify.com/pod/show/john-ashcroft/support
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