Demand is coming back very rapidly, and businesses are normalizing prices in the sense that they are making up for declines.
Richard Moody, Chief Economist, Regions Bank
Richard Moody, Regions’ Chief Economist, was cited in coverage surrounding inflation based on his most recent Economic Updates:
- Moody‘s Economic Preview for July 12 focused on the June Consumer Price Index and Retail Sales.
- In his Economic Report on July 13, his expanded report on the June Consumer Price Index, “This Too Shall Pass, But When?” reviewed the precipice for rising fuel prices, energy index and food prices.
Additionally, Chief Investment Officer Alan McKnight was interviewed by national media to share his insights on the market. These include conversations with Marie Bereens of Investor’s Business Daily and Caleb Muta of Bloomberg for a newsletter slated to publish the week of July 19. He also recently spoke with the Associated Press and was quoted in a widely circulated article regarding market trends, which has since appeared in more than 200 local and regional media outlets.
You had the element of just incredible earnings reported for the most recent quarter, but in some of the commentary that came out there were some questions about, ‘OK, what about cost pressures going forward?’ Then you pair that with the inflation report today where we see another high point.
Alan McKnight, Chief Investment Officer, Regions Bank
Featured in media outlets including The Post and Courier, The Standard, the Arkansas Democrat-Gazette, Crossville Chronicle, Ohio News Time, Bennington Banner, and local Spectrum News outlets throughout the Regions’ footprint, McKnight’s conversation with the AP covered his latest insights on earnings, inflation, and bond markets looking at rising rates.