Did Pandemic Reshape Supply Lines?
- A shift in consumer spending during pandemic from goods to services benefited China.
- Diversifying global supply lines optimized for costs could pose financial, logistical challenges.
- Lower corporate profits and higher consumer prices could be a compromise solution.
- High Costs May Hinder Changes to Supply Lines Pandemic exacerbated disruption of supply lines that began with US-China trade war.
About the Presenters
Erik Norland is Executive Director and Senior Economist of CME Group. He is responsible for generating economic analysis on global financial markets by identifying emerging trends, evaluating economic factors and forecasting their impact on CME Group and the company’s business strategy, and upon those who trade in its various markets. He is also one of CME Group’s spokespeople on global economic, financial and geopolitical conditions.
Bluford “Blu” Putnam has served as Managing Director and Chief Economist of CME Group since May 2011. With more than 35 years of experience in the financial services industry and concentrations in central banking, investment research, and portfolio management, Blu serves as CME Group’s spokesperson on global economic conditions.
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