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Barron's Streetwise

The Everything Shortage

Barron's Streetwise

Barron's

Business

4.71.6K Ratings

🗓️ 28 May 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

From pickles to pool chlorine, Jack looks into why so many goods are in short supply. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

The Wheel. A big idea that's inspired countless new ones. From the more strong carriage.

0:05.7

To a rover on Mars.

0:07.4

30 years ago, State Street launched the Spider S&P 500 ETF Spy. A big idea that inspired the

0:13.8

world to invest differently. And still less, what can you do with Spy? Before investing,

0:18.5

consider the funds' investment objectives, risks, charges, and expenses. Visit SSGA.com

0:21.9

for a perspective containing this and other information. Read it carefully before investing.

0:24.8

Spy is subject to risks similar to those of stocks. All ETFs are subject to risk including

0:27.8

possible loss of principle, Alps Distributors, Inc. Distributor.

0:33.9

You know, I have people from all over the country call me, and hey, I'm in Texas. I went to

0:38.1

college when you remember me. I need a sub-Siro range, and I'm like, I can't help you.

0:42.7

What do you mean you can't do it in yellow by Thursday? Yeah, exactly. You're going to have to have

0:48.1

patience. Expect delays. Welcome to the Baron Streetwise Podcast. I'm Jack Hound.

0:58.0

The voice you just heard, that's Mitch Hires. He's CEO of Construction Resources in Decatur,

1:04.4

Georgia. Mitch has been supplying area builders with flooring and fixtures for 25 years,

1:10.7

and he was telling me about the worst shortage he's ever seen in appliances, especially luxury ones.

1:17.8

There are supply shortages everywhere now, not just in home building, from pelotons to pickle jars,

1:24.0

everyone has a story about difficulty finding something. More than a year into the pandemic,

1:30.3

what's behind this? Everything shortage in the land of planning. We'll talk about that with Mitch

1:36.4

and with a California longshoreman, and we'll hear from a couple of top Wall Street strategists

1:41.8

about what it means for investors. I wasn't born into a fancy fridge family, and I never

1:53.2

asked to join the fancy fridge life. I just needed a house with more room for my kids, and I bought

1:58.8

one, and it came with fancy appliances. The range in the dishwasher, those are fairly new,

...

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