{"id":241214,"date":"2021-05-03T22:39:00","date_gmt":"2021-05-03T19:39:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/why-supply-chain-bottlenecks-price-pressures-may-ease-by-year-end\/"},"modified":"2021-05-03T22:39:00","modified_gmt":"2021-05-03T19:39:00","slug":"why-supply-chain-bottlenecks-price-pressures-may-ease-by-year-end","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/why-supply-chain-bottlenecks-price-pressures-may-ease-by-year-end\/","title":{"rendered":"#\n  Why supply-chain bottlenecks, price pressures may ease by year end"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_89 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6aef7bc9493e3\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6aef7bc9493e3\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/why-supply-chain-bottlenecks-price-pressures-may-ease-by-year-end\/#Historical_data_shows_supply_bottlenecks_surging_prices_dont_last_Guggenheim_Partners\" >Historical data shows supply bottlenecks, surging prices don\u2019t last: Guggenheim Partners<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/why-supply-chain-bottlenecks-price-pressures-may-ease-by-year-end\/#Supply-chain_bottlenecks_havent_lasted_in_the_past\" >Supply-chain bottlenecks haven&#8217;t lasted in the past<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/why-supply-chain-bottlenecks-price-pressures-may-ease-by-year-end\/#Joy_Wiltermuth\" >Joy Wiltermuth<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  Why supply-chain bottlenecks, price pressures may ease by year end<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Historical_data_shows_supply_bottlenecks_surging_prices_dont_last_Guggenheim_Partners\"><\/span>\n  Historical data shows supply bottlenecks, surging prices don\u2019t last: Guggenheim Partners<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div class=\"article__side\">\n<div class=\"container--sticky not-active\">\n<div class=\"cx--next\">\n              <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000254775\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>       Economists at Guggenheim Investments, like the Federal Reserve, think today\u2019s skyrocketing lumber prices and shortages of essential parts, materials and labor likely won\u2019t last long enough to spark runaway inflation.<\/p>\n<p> \u201cSupply chain disruptions are widespread in everything from semiconductors to lumber, contributing to fears that higher inflation is on the way,\u201d wrote economists Brian Smedley and Matt Bush in a Monday note.<\/p>\n<div class=\"paywall\">\n       \u201cThese disruptions are being exacerbated by surging demand as the economy reopens and fiscal policy provides a strong tailwind for consumption,\u201d they said.<\/p>\n<p>But the economists also expect soaring prices for some key materials, including the lurch in lumber prices<br \/>\n        LBK21,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/217071097\/delayed\" class=\"positive\">+5.10%<\/bg-quote><\/p>\n<p>        LB00,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210109673\/delayed\" class=\"positive\">+5.10%<\/bg-quote><br \/>\n       to more than $1,200 per 1,000 board feet from less than $200 a few months ago, to ease once capacity begins to pick up at sawmills, factories and manufacturers later this year.<\/p>\n<p>\u201cWhile these supply issues may be a near-term challenge, investors need to realize that these types of price pressures, typical in an economic rebound, are more like one-off adjustments than the kind of sustained inflation that would prompt the Federal Reserve (Fed) to react,\u201d they said.<\/p>\n<p><strong>See<\/strong>: Lumber and steel markets look to Biden\u2019s infrastructure plan for their next big boost<\/p>\n<p>That echoes Federal Reserve Chairman Jerome Powell, who last week dismissed signs of inflation pressures in some parts of the economy as largely the result of \u201ctransitory factors,\u201d such as supply bottlenecks and a surge in pent-up spending.<\/p>\n<p>To underscore their point, the Guggenhiem economists examined how short-lived the effects of supply-chain disruptions have been since the 1980s.<\/p>\n<div data-layout=\"inline\n                \" data-layout-mobile=\"\" class=\"\n          media-object\n          type-InsetMediaIllustration\n            inline\n  article__inset\n          article__inset--type-InsetMediaIllustration\n            article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:71.40625%;\" data-mobile-ratio=\"71.40625%\" data-layout-ratio=\"71.40625%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-333295?width=140&amp;size=1.400437636761488 140w,\nhttps:\/\/images.mktw.net\/im-333295?width=540&amp;size=1.400437636761488 540w,\nhttps:\/\/images.mktw.net\/im-333295?width=620&amp;size=1.400437636761488 620w,\nhttps:\/\/images.mktw.net\/im-333295?width=700&amp;size=1.400437636761488 700w,\nhttps:\/\/images.mktw.net\/im-333295?width=860&amp;size=1.400437636761488 860w,\nhttps:\/\/images.mktw.net\/im-333295?width=1260&amp;size=1.400437636761488 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-333295?width=620&amp;size=1.400437636761488\" data-enlarge=\"https:\/\/images.mktw.net\/im-333295?width=1260&amp;size=1.400437636761488\" alt=\"\" title=\"Supply-chain bottlenecks haven't lasted in the past\"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"Supply-chain_bottlenecks_havent_lasted_in_the_past\"><\/span>Supply-chain bottlenecks haven&#8217;t lasted in the past<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            Guggenheim Investments<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       Referring to the chart above, they noted that \u201chigher prices from supply bottlenecks in the manufacturing sector are typically short-lived,\u201d the team wrote, adding the inflation pressures also likely will be dampened by high prices and an improvement in the COVID situation by year end.<\/p>\n<p>All that likely means the Fed might struggle to overshoot its 2% inflation target as part of its recovery strategy, without \u201csustained inflationary pressure\u201d coming from the large services sector,\u201d the team wrote. <\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p><strong>Read<\/strong>: Copper prices post highest finish in more than 9 years<\/p>\n<p>U.S. stocks, including the Dow Jones Industrial Average<br \/>\n        DJIA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210598065\/realtime\" class=\"positive\">+0.80%<\/bg-quote><br \/>\n       and S&amp;P 500 index<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"positive\">+0.34%<\/bg-quote><br \/>\n       traded higher Monday, despite a gauge of manufacturing activity that rose, but came in short of analysts\u2019 expectations, amid supply-chain logjams and soaring prices. <\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Joy Wiltermuth\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Joy_Wiltermuth\"><\/span>Joy Wiltermuth<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D3E337141886%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Why supply-chain bottlenecks, price pressures may ease by year end &#8221; Historical data shows supply bottlenecks, surging prices don\u2019t last: Guggenheim Partners Economists at Guggenheim Investments, like the Federal Reserve, think today\u2019s skyrocketing lumber prices and shortages of essential parts, materials and labor likely won\u2019t last long enough to spark runaway inflation. \u201cSupply chain&#8230;<\/p>\n","protected":false},"author":1,"featured_media":241215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-241214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/241214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=241214"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/241214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/241215"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=241214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=241214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=241214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}