Analysis

Profit Inflation Is Real

Inflation and corporate profits, a further discussion

“Pricing will be an important lever for us this year and is expected to drive most of our growth.”

— Hershey CEO Michele Buck

“Most of our – if not all – of our net sales growth for 2022 would be driven by price/mix.”

— Amit Banati, CFO Kelogg’s.
(Source: Perkins 2022)

How This Regional Bank Mortgage Lender Crisis is Different

Every banking crisis has its own overarching narratives and coincidental streams of various sub-narratives that course through the marketplace day to day.
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We Owe an Apology to Adam Smith

Smith did not advocate a single-minded pursuit of profit
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