Lots More With Neil Dutta

Inflation & Recession

Neil Dutta from Renaissance Macro Research shares insights on the current inflation trends, emphasizing that inflation is not yet defeated. He argues that without a recession, it's hard to believe inflation has been resolved, as demand remains strong 1. Joe Weisenthal1. Dutta critiques the persistent recession predictions, noting a "cottage industry" of doom and gloom that profits from such forecasts 2.

   

Supply Chain Impact

Supply chain disruptions continue to impact inflationary pressures, with Joe Weisenthal highlighting potential negative supply shocks from events like the UAW strike 3. Neil Dutta notes that longer supplier delivery times are contributing to rising core goods prices, as factories struggle to move products efficiently 1. This situation suggests that one area of disinflationary pressure is diminishing, potentially leading to higher prices for core goods and food by year's end.