Will De-Globalization Hurt American Businesses?
Walter Todd on BBC Business Matters

 

Walter Todd on BBC Business Matters

Walter Todd was back on BBC Business Matters to provide the American perspective on global news. With rate hikes and inflation making headlines, Walter discussed anecdotal evidence of impending layoffs even in the midst of a tight labor market.

He also explained some of the market sectors that could be impacted by the upcoming midterm election, including green energy and healthcare.

Finally, at around 40:00, Walter breaks down the post-pandemic trend toward regionalization and how the priority has shifted from utilizing the lowest-cost producer to implementing production closer to home.  He also answers the question of whether this “de-globalization” will end up harming American businesses.

Listen to the full interview here.

Greenwood Capital is an SEC registered investment advisory firm. This material has been prepared for information purposes only, and is not intended to provide, and should not be relied on solely for tax, legal or accounting advice.

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