Tag Archives: Economic Market Analysis

Economic Outlook Hinges on Inflation

BY JASON SCHENKER, PRESIDENT OF PRESTIGE ECONOMICS AND CHAIRMAN OF THE FUTURIST INSTITUTE® Everything hinges on inflation The Fed has a dual mandate to keep the economy at full employment and prices low and stable. While jobs were strong in 2022, inflation has been worryingly high. At the end of 2022, unemployment returned to an impressive pre-COVID low of 3.5%, while ...

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Economic, Inflation and Material Handling Outlook for 2023

Economic Market Analysis BY JASON SCHENKER PRESIDENT, PRESTIGE ECONOMICS, CHAIRMAN, FUTURIST INSTITUTE® A year of shifting forces The year ahead is one of significant risk but also opportunity. While backlogs of unfilled orders have been a hindrance to revenue since mid-2020, those same backlogs could help keep manufacturing and material handling activity somewhat buffered from the persistent rise in interest ...

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A Tale of Two Economies: Slowflation and the Iron Maiden

While the hallmarks of this year’s economic activity in the United States and other advanced economies have been slower year-on-year growth rates with relatively high inflation, the pressures on EM and LIDC economies are dire—and mounting with each passing month.

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The Economy of What Lingers: Inflation, Debt and COVID

The outbreak of the COVID pandemic has created chaos over the past two years. But some of the after-effects continue to linger for the economy. Looking to the months ahead, addressing these lingering risks will be critical for the U.S. economy—and the outlook for material handling.

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The Return to Trend: A High-Stakes Policy Balancing Act

Economic Market Analysis BY JASON SCHENKER, PRESTIGE ECONOMICS To say that 2021 was a strong year for U.S. and global economic growth would be quite an understatement. Coming out of the 2020 COVID-19 recession, growth in 2021 reflected a massive rebound as stimulative fiscal policies and accommodative monetary policies pushed the U.S. economy to post some of the strongest real ...

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Planning for Full Recovery

In planning ahead for 2022, there are many reasons to be optimistic. After all, there have been trend improvements in the economy and financial markets in 2021, following the painful COVID hit in 2020.

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Economic Market Analysis

Looking Forward to 2021 Despite Election Uncertainty Risks BY JASON SCHENKER, PRESTIGE ECONOMICS As we begin to plan for the year ahead, we need to look back at 2020, understand current uncertainties and be prepared for how they could cast a shadow on the year ahead. Fortunately, we also need to consider upside opportunities for the economy and material handling ...

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Economic Market Analysis: The Past Is Prologue

The material handling industry first came together during the conflict of the Second World War to form the organization we know as MHI. Amidst the COVID-19 pandemic, the importance of material handling and supply chain has again come to the fore as a necessary precondition of economic growth and a bulwark of national security. Economists and policy makers have long known ...

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ECONOMIC MARKET ANALYSIS: Cautious Optimism with a Touch of Volatility

Cautious Optimism with a Touch of Volatility Likely for the Second Half of 2020 By Jason Schenker The economic and financial outlook for 2020 has consistently been one of volatility. And so far, we have not been disappointed. Geopolitical surprises, domestic political antagonisms, trade dynamics, oil price volatility, and other financial market surprises have already been pushing and pulling on ...

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ECONOMIC MARKET ANALYSIS: What Can We Expect from 2020? One Word: Volatility

* By Jason Schenker * 2018 was a big year and optimism from 2018 carried over into the start of 2019. Then tax cut tailwinds faded against a larger-than-expected trade war between the United States and China. And 2019 weakened. These dynamics of disappointment were most pronounced for the global economy. But weakness in U.S. business investment and U.S. manufacturing played ...

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