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From the President's Desk

From the President's Desk: Opportunity in a Decelerating World
By Alan Beaulieu on February 15, 2019

We have been talking a lot about how the US and global economies are shifting or have shifted into Phase C, Slowing Growth. Numerous parts of the global economy have already shifted into...

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From the President's Desk

From the President's Desk: Steel Supply, Demand, and Prices
By Alan Beaulieu on January 22, 2019

Steel Prices, as measured by the Steel Scrap Producer Price Index, are expected to edge lower as demand wanes in the coming year. Producers are expected to trim prices as they seek to keep...

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From the President's Desk

From the President's Desk: Coal in Your Investment Stocking
By Alan Beaulieu on December 27, 2018

“Retailers Power US Stocks back from the Bear Brink,” Bloomberg reported Dec. 26. That may be technically correct, depending on their calculus, but it will lead many to a false conclusion...

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From the President's Desk

From the President's Desk: Tapping the Brakes
By Alan Beaulieu on November 21, 2018

Consumer activity in the US is slowing in its rate of rise, and in conjunction with the slowing rate of business-to-business spending, the US economy as measured by GDP will experience a...

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From the President's Desk

Strong Growth in the Wholesale Trade Sectors Won't Last Forever
By Alan Beaulieu on November 7, 2018

Total Wholesale Trade is running at an impressive 8.5% above this time last year (12/12 basis). The good news is apparent in both Durable Goods and Nondurable Goods, which have posted...

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From the President's Desk

From the President's Desk: Winners and Losers - But Will It Be 50-50?
By Alan Beaulieu on September 14, 2018

Having already set tariffs on $50 billion worth of Chinese imports, President Trump is thinking about imposing 25% tariffs on another $200 billion in Chinese goods. China said it would...

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