The persistence of inflation is a bit of a mystery to economists. Many of the shocks of the last few years have faded. And the Fed has raised rates aggressively, with seemingly only a modest impact. So why are companies still raising prices? If you listen, they actually explain a lot of their reasoning on corporate conference calls. On this episode of the podcast, we speak with Samuel Rines, managing director at Corbu, who has gone through numerous transcripts and come to the conclusion that management teams are still being rewarded for "price over volume" strategies. Companies in this environment are happy to sacrifice a bit of volume sales in order to keep moving through large price increases. He walks us through what he's learned from companies like Wingstop, Tractor Supply, and PepsiCo. And he talks about what you should expect to see when the inflationary urge finally starts to crest.See omnystudio.com/listener for privacy information.

In this episode, Samuel Rines, economist and author, discusses the current economic cycle, the concept of 'excuseflation', and the state of the consumer. They also explore the impact of leisure vacation travel on the economy and the effects of global geopolitical events on investment portfolios. This wide-ranging discussion offers insights into the economy and its various sectors.

Samuel Rines, a Macro strategist at WisdomTree, and Jeff Weniger, Head of Equity Strategy at WisdomTree, dive deep into the implications of the Fed's rate cuts and the evolving economic landscape for 2024. They navigate crucial topics like the U.S. government's fiscal negotiations and the innovative efficiency push by tech giants like Google. The duo also examines market trends in China, India, and Japan, while discussing the exciting future of quantum computing and its potential impact on global investment strategies.