NACM Connect

NACM Connect

Economic Reconnaissance

This edition of the NACM Connect report is a little different. Given the importance of the energy market I thought a deep dive would be useful. These are some observations on the sector and the influence this all has on…

Economic Reconnaissance | North American Outlook

United States Recession, Inflation and Rates – OH MY! As a good Kansas lad, I can’t resist the occasional Oz reference but this one seems somewhat apt. The media has been alive with doom and gloom, economists and analysts filling…

Economic Reconnaissance | Is Stagflation a Real Possibility?

Stagflation

Stagflation is something that is supposed to be technically impossible. One either has slow growth or one has inflation. By definition these are supposed to be mutually exclusive. Inflation is generally driven by faster growth that creates a disconnect between…

Economic Reconnaissance

Credit managers and economists face the same worries and concerns at the start of 2023 that we confronted at the end of 2022. What are these, you may ask? Obviously, there is a very long list of things that can…

Economic Reconnaissance | The Great Fed Watch

It has become something of a national sport or perhaps an obsession. Fed watching captures the headlines week after week. Will they, or won’t they? Every statement is parsed for any nuance or clue as to their intentions and every…

Economic Reconnaissance | The Elephant in the Room

A few days ago I might have written about some geopolitical shift or speculated on the rate of inflation but then the banking system blew up and suddenly people are competing to determine how panic stricken they can be. There…

Economic Reconnaissance

Credit managers and economists face the same worries and concerns at the start of 2023 that we confronted at the end of 2022. What are these, you may ask? Obviously, there is a very long list of things that can…

Consequences of Toxic Leadership  

Successful business leaders are supposed to mentor and encourage their employees. They are meant care about their team’s wellbeing and support them whenever possible. But not all leaders have the best intentions. Research shows the Dark Triad—narcissism, psychopathy and Machiavellianism…