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"Certain Industries are Beating Inflation-Like a Drum." Interview with Tom Samuelson in The Street

Oct 11, 2022 9:24:57 AM

Tom-1-1"Certain Industries are Beating Inflation-Like a Drum." Interview with Vineyard Global Advisors Chief Investment Officer Tom Samuelson, CFA, CMT 

Vineyard Global Advisors CIO Tom Samuelson, CFA, CMT, joined author Brian O'Connell of The Street to offer his insight on which industries are proving more resilient than in prior cycles due to strong supply and demand fundamentals.

Forty-year record high inflation has dominated news cycles and casts a gloomy forecast. Yet, many sectors are thriving. Although inflation has caused economic metrics like consumer and small business confidence and manufacturing indexes to wane, many industries are beating inflation. 

This Article Explores...

Which Industries are Prospering Despite Inflationary Pressures?

Traditionally, companies that sell “what you need, not what you want” products and services tend to hold up better during recessions and enjoy greater pricing power. As a result, sectors like energy, healthcare, and utilities, are all doing well due to supply and demand fundamentals.

Additionally, consumer staples like Coca-Cola & Pepsi and mission critical tech companies like Microsoft, Oracle, Palo Alto, and Arista Networks have shown very little margin deterioration even in a tough economy.

How Will Inflation Affect Holiday Shopping?

Due to inflation, Vineyard Global expects a weaker holiday season than last year as consumers are forced to re-channel more spending into essential goods and services, like food and gasoline due to inflation. Additionally, factors such as the slowing economy, falling stock market, and weaker home prices may also weigh on consumer confidence and holiday spending plans.

Read the Full Article Here...

Author: Brian O'Connell, The Street

Guest Contributor: Tom Samuelson, CIO of Vineyard Global Advisors


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