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Barrons
The Recession Will Begin Soon, Says Top Economist. But the Bounceback Rally Will
Be Strong.
Next:
GM CEO Mary Barra Warns Chip Shortage Will Go Into 2023. She Wants Congress to
Help.

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https://www.barrons.com/articles/economist-profit-squeeze-recession-51657891261

 * Markets
 * Up and Down Wall Street


THE RECESSION WILL BEGIN SOON, SAYS TOP ECONOMIST. BUT THE BOUNCEBACK RALLY WILL
BE STRONG.

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By
Randall W. Forsyth
Updated July 15, 2022 1:01 pm ET / Original July 15, 2022 9:23 am ET
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Corporate America is beginning to feel the pain from soaring prices, just as
ordinary Americans have for the past year. For the most part, businesses have
been able to pass on their higher costs to customers. That’s changing. A squeeze
on margins is bringing a profits recession, as companies are forced to tighten
their belts, just like the rest of us.

So says Nancy Lazar, the longtime top-rated economist who’s one of Barron’s 100
Most Influential Women in Finance


NANCY LAZAR

Nancy Lazar is chief global economist at Piper Sandler

Continue reading


and now leads Piper Sandler’s macroeconomics research team. Containing bloated
costs means cutting payrolls, she says, and will help lead to a recession
starting in the current quarter. That puts the longtime optimist on the economy
and financial markets in an unfamiliar bearish crouch.

Subscribe or Sign In
to continue reading


--------------------------------------------------------------------------------

 * Autos


GM CEO MARY BARRA WARNS CHIP SHORTAGE WILL GO INTO 2023. SHE WANTS CONGRESS TO
HELP.

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--------------------------------------------------------------------------------

By
Al Root
Updated July 15, 2022 10:54 am ET / Original July 15, 2022 9:38 am ET
 * Order Reprints
 * Print Article



General Motors didn’t finish 95,000 cars in the second quarter


GM’S WEAK GUIDANCE SHOWS JUST HOW BAD SUPPLY CHAIN HAS GOTTEN

GM reaffirmed full-year earnings guidance Friday morning, but the outlook for
the second quarter is below Wall Street expectations.

Continue reading


because of a lack of parts.

Supply-chain problems, including a global semiconductor shortage


THE AUTO SEMICONDUCTOR SHORTAGE JUST ISN’T GETTING BETTER FAST ENOUGH

TE Connectivity beats earnings expectations but guidance for the current quarter
looks conservative.

Continue reading


, have been plaguing the auto industry for what’s approaching years now. The
parts shortage will continue, and GM (ticker: GM) CEO Mary Barra


GM CEO MARY BARRA IS LEADING IN EVS. JUST NOT AS VOCALLY AS OTHERS.

Barron's sat down with GM CEO Mary Barra in Detroit recently to discuss the
business, investor perception and, of course, EVs.

Continue reading


is dealing with it as best she can, but she always wants Congress to help with
chip supply.

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to continue reading


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THE RECESSION WILL BEGIN SOON, SAYS TOP ECONOMIST. BUT THE BOUNCEBACK RALLY WILL
BE STRONG.

Corporate America is beginning to feel the pain from soaring prices, just as
ordinary Americans have for the past year.

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